U.K. Needs to Seriously Prioritize Trade, Says O'Neill

The video discusses the UK's ambitions for a new global trade empire, questioning its feasibility. It highlights the challenges of trade, emphasizing that leaving the EU is not necessary for successful trade relationships. The discussion includes economic indicators, the impact of borrowing, and the role of currency fluctuations on trade performance. The decline of the pound is seen as a negative due to rising imported inflation, but could potentially boost exports if trade improves.

What role does the UK’s relationship with the EU play in its trade relationships with other countries?

In what ways can the UK improve its trade relationships with new and exciting places in the world?