Could A Brexit Reset Mean A New Single Market? (Live At Hay Festival)

The BBC Newscast episode (23 May 2026) discusses reports that the UK has proposed creating a single market for goods with the EU as part of a Brexit “reset.” The proposal, if pursued, could influence sterling and cross‑border trade-sensitive sectors by reducing frictions on goods trade, though the podcast offers analysis rather than market data or immediate price moves. The episode also reviews the political fallout from recent elections in Wales (two weeks on), which may affect domestic policy direction and political risk for UK assets. Overall the piece is political commentary with potential macroeconomic and FX implications for GBP/USD rather than a direct market report.