Why We Should Approach Latest Brexit Polls with Caution
Chancellor of the Exchequer George Osborne will say hundreds of thousands of jobs may be lost in the service sector, the main driver of Britain’s economy, if the country leaves the European Union, as polls suggest the government’s warnings of the impact on growth of a so-called Brexit aren’t convincing voters. Service companies, Britain’s biggest employers with a workforce of 25 million, could be forced to cut 400,000 jobs over the next two years, Osborne will say in a speech on Friday on England’s south coast. ComRes Senior Consultant Adam Ludlow and UBS Global Macro Strategist Ramin Nakisa discuss with Bloomberg's Anna Edwards on "Countdown."
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U.K.'s May Calls for Two-Year Brexit Transition Period
56:18 - U.K. Prime Minister Theresa May speaks in Florence, Italy on the need for a period of implementation after the nation leaves the European Union. (Source: Bloomberg)