Osborne Warns of Hard Brexit's 'Severe' Consequences

The transcript discusses the implications of Brexit, focusing on the UK's future relationship with the EU, the possibility of another referendum, and the economic impact of soft versus hard Brexit. It also covers the timing of triggering Article 50 and the importance of maintaining London's status as a global financial center.

What does the speaker suggest about the timing of triggering Article 50?

Why is financial passporting considered critical for London according to the speaker?