Bell: Apparently Single Market Doesn’t Matter to U.K.

The transcript discusses the UK's Brexit priorities, focusing on controlling immigration and distancing from the European Court of Justice, potentially at the cost of single market membership. It analyzes Theresa May's speech, suggesting a hard Brexit approach, and explores the negotiation tactics with Europe. The economic implications, including potential impacts on the pound and banks, are also examined, highlighting concerns about the current account and the need for a transitional deal.

In what way does the speaker believe the markets may have underestimated the implications of Brexit?

What does the speaker suggest about the necessity of a transitional deal in the context of Brexit negotiations?