Interview with Andrew Bailey, Governor of the Bank of England, on Q.E.

The video discusses the economic risks posed by Brexit, focusing on assumptions and guidance from the government. It covers the expected trade agreement and the necessary adjustments for the UK leaving the customs union and single market. The readiness of firms is analyzed, with larger firms being more prepared than smaller ones. The video also highlights the asymmetry in the adjustment process between the UK and the EU, emphasizing the potential benefits of a cooperative approach.

What adjustment processes are anticipated in the first two quarters of next year due to Brexit?

How might the European Union's stance affect the adjustment process for the UK?