Brexit News Archive: 03 Jan 2019

British police to start training in case of Northern Ireland Brexit unrest - Guardian

About 1,000 police officers from Scotland and England will start training for deployment in Northern Ireland in the event of disorder arising from a no-deal Brexit, the Guardian newspaper reported late on Thursday.
Reuters   |   Thu, 3 Jan 2019 21:41:21

Government's post-Brexit agriculture scheme falls short of protection needed to safeguard environment, farmers warn

Call for tougher policies comes after Michael Gove addressed two major farming conferences in Oxford
Josh Gabbatiss / The Independent   |   Thu, 3 Jan 2019 21:21:00

Ferry group with no ships jettisons takeaway T&Cs

Parts of website of no-deal Brexit company seemingly copied from food company 'put up in error'
FT   |   Thu, 3 Jan 2019 19:49:05

UK ramps up no-deal preparations as hope for May's deal dwindles

Key Brexiteers, including the British prime minister's Northern Irish backers, still oppose her plan.
Charlie Cooper / Politico   |   Thu, 3 Jan 2019 19:12:29

Dublin says Brexit backstop must stay effective

'We need to know what UK wants,' says Varadkar after brainstorming call with Merkel
FT   |   Thu, 3 Jan 2019 18:34:14

GBP/USD climbs to daily highs near 1.2650 on broad-based USD weakness

Greenback comes under pressure following the dismal PMI data. Markets ignore Brexit headlines. US Dollar Index stays in lower-half of daily range. After spending the Asian session consolidating yesterday's losses above the 1.25 mark, the GBP/USD pair gained traction in the second half of the day and advanced to a ...
FX Street   |   Thu, 3 Jan 2019 18:16:18

Brexit: Ireland says it will demand 'hundreds of millions' from EU if no-deal goes ahead

Ministers in Dublin say they want 'mega money' from Brussels if no withdrawal agreement is approved
Benjamin Kentish / The Independent   |   Thu, 3 Jan 2019 17:51:00

Theresa May Suffers Major Blow As DUP Refuses To Back Brexit Deal

Arj Singh / Huffington Post   |   Thu, 3 Jan 2019 17:41:28

Brexit will test resilience of the British economy

But uncertainty over how Britain leaves the EU will not be enough to cause a downturn
FT   |   Thu, 3 Jan 2019 17:34:26

Ryanair secures guarantee from CAA for post-Brexit flights

UK subsidiary gets permission to carry on operating all domestic and non-EU flights Ryanair has been granted a UK air operating certificate by the CAA for a UK subsidiary, which will guarantee its rights to carry on operating domestic flights and to fly from UK to non-EU destinations after Brexit. ...
Gwyn Topham Transport correspondent / Guardian   |   Thu, 3 Jan 2019 17:13:32

Services growth in Q4 slows on Brexit stasis: poll

Taipei Times   |   Thu, 3 Jan 2019 17:04:44

Pressure mounts on Theresa May as DUP says there is no need for key parts of Prime Minister's Brexit deal

Deputy leader Nigel Dodds said Ms May's withdrawal agreement 'flies in the face' of government commitments
Joe Watts / The Independent   |   Thu, 3 Jan 2019 16:37:00

EU Preparing to Clobber Ireland on Tax After Brexit

Any illusions Ireland might have had that the EU is going to reward them in some way for being its Brexit patsy have evaporated today with the news that the European Commission is pressing ahead with its plan to abolish national vetoes over a swathe of taxation issues. Removing one ...
Hugh Bennett / Guy Fawkes' blog   |   Thu, 3 Jan 2019 16:35:06

Irish PM: Any changes to Brexit cannot undermine backstop

Irish Prime Minister Leo Varadkar said on Thursday the European Union would not accept clarifications or reassurances on Britain's Brexit deal that would undermine the spirit of the agreement or render any part of it inoperable.
Reuters   |   Thu, 3 Jan 2019 15:59:26

DUP's Dodds says party's objections to PM May's Brexit deal remain, talks continue

The Democractic Unionist Party's objections to Prime Minister Theresa May's Brexit deal remain, its deputy leader Nigel Dodds said on Thursday after talks with the British leader.
Reuters   |   Thu, 3 Jan 2019 15:59:07

The Brief: Brexit clarifications, New Year's messages and Poland's EU values

In this edition of the Brief from Brussels: the UK prime minister seeks assurances once again from EU leaders of the Irish backstop, without success. Poland's prime minister wants Article 7 dropped, and EU leaders give their wishes for 2019.
euronews   |   Thu, 3 Jan 2019 15:34:59

UK services growth drops to two-year low in fourth quarter in Brexit 'stasis' - BCC

Businesses in Britain's dominant services sector reported the slowest sales growth in two years during the final three months of 2018, another sign of a slowing economy ahead of Brexit, the British Chambers of Commerce said on Thursday.
Reuters   |   Thu, 3 Jan 2019 15:13:54

Hard Brexit Truths

Though UK Prime Minister Theresa May has struck a Brexit deal with the EU, the chances that it will gain parliamentary approval on January 14 seem vanishingly slim. Instead, the UK increasingly seems to be facing a choice between two extremes, each of which would likely involve another referendum.
Bill Emmott / Project Syndicate   |   Thu, 3 Jan 2019 15:03:29

Irish PM Varadkar: Any changes to Brexit cannot undermine backstop

Irish Prime Minister Leo Varadkar said on Thursday that any changes or clarifications to Britain's Brexit deal must not undermine the spirit of the agreement or render the so-called backstop inoperable.
Reuters   |   Thu, 3 Jan 2019 14:43:44

Dredging starts at UK port that may be used in no-deal Brexit

Work began on Thursday to extend a small British port that could serve as a back-up if the UK leaves the European Union with no trade deal, providing the government some respite after days of criticism.
Reuters   |   Thu, 3 Jan 2019 14:36:41

Ryanair secures UK license in preparation for no-deal Brexit

FT   |   Thu, 3 Jan 2019 14:29:32

Irish PM Varadkar: Putting together legislation for no-deal Brexit

The Irish Prime Minister, Leo Varadkar was out on the wires in the last hour, saying that agreement to give the UK assurances won't change the Brexit deal. Additional quotes: • Putting together legislation for no-deal Brexit. • Agree to stand by the deal made with the UK.
FX Street   |   Thu, 3 Jan 2019 14:23:57

GBP/USD struggles to make it through 1.2600 handle

• Some renewed USD selling helped stage a solid rebound from 21-month lows. • The USD bulls seemed little impressed by stronger than expected ADP report. • Brexit uncertainties might continue to keep a lid on any meaningful up-move. The GBP/USD pair has managed to recover around 200-pips from Asian ...
FX Street   |   Thu, 3 Jan 2019 14:21:16

No-deal Brexit would hit Britain's farmers, food firms hard - Gove

Britain's farmers face rising costs if the country leaves the EU without a deal as export tariffs kick in and border inspections slow traffic through ports, Farming and Environment Minister Michael Gove said on Thursday.
Reuters   |   Thu, 3 Jan 2019 14:20:31

Brexit ferry firm Seaborne in terms and conditions gaffe

Government defends Seaborne after it uses terms apparently intended for a takeaway food firm.
BBC   |   Thu, 3 Jan 2019 13:56:52

UK construction sector ends 2018 on weak note amid Brexit worries

Markit/Cips PMI reveals three-month low in December as demand for projects declines The UK construction sector ended 2018 on a weaker footing, hitting a three-month low in December amid fading demand for commercial projects and the growing risk of a no-deal Brexit. According to the Markit/Cips UK construction purchasing managers' ...
Richard Partington / Guardian   |   Thu, 3 Jan 2019 13:47:09

Call to protect food standards after Brexit

Industry warns of influx of cheap, low-quality imports but ministers say consumers will be protected.
BBC   |   Thu, 3 Jan 2019 13:20:13

EU rules out renegotiating Brexit deal (again)

The European Union has reiterated its position that the Brexit deal agreed with UK Prime Minister Theresa May will not be renegotiated.
CNN   |   Thu, 3 Jan 2019 13:19:24

UK construction growth hits three month low in December

Growth in Britain's construction sector fell to a three-month low in December, though businesses struck a more upbeat tone for the coming year despite Brexit uncertainty delaying commercial projects, a survey showed on Thursday. The IHS Markit/CIPS UK Construction Purchasing Managers' Index (PMI) fell to 52.8 from 53.4 in November, ...
Craig Erlam / OANDA   |   Thu, 3 Jan 2019 12:56:30

Ferry company awarded £13.8m government contract despite having no ships 'copied and pasted' parts of websites from takeaway outlet

Seaborne Freight's terms and conditions tell customers to give correct address 'for the delivery driver' and check goods 'before agreeing to pay for any meal/order'
Benjamin Kentish / The Independent   |   Thu, 3 Jan 2019 12:54:00

GBP/CHF Forecast: Swiss Franc at Best Level against the Pound in over a year

Brexit uncertainty causes Swiss Franc to gain vs the Pound. The Pound is now trading at its lowest level to buy Swiss Francs in over twelve months as the political uncertainty surrounding the UK is continuing to negatively affect the value of Sterling exchange rates.
Tom Holian / SNB CHF Blog   |   Thu, 3 Jan 2019 12:37:36

EUR/GBP recedes from tops beyond 0.9100

The cross clinched fresh tops beyond the key 0.9100 handle. Persistent weakness around the Sterling sustains the upside. Brexit jitters keep weighing on GBP ahead of key vote next week. The offered bias around the British Pound remains the sole driver behind the recent up move of EUR/GBP to fresh ...
FX Street   |   Thu, 3 Jan 2019 12:37:21

Brexit Ferry Firm Accused Of Copying Web Page From A Takeaway Shop

Arj Singh / Huffington Post   |   Thu, 3 Jan 2019 12:29:57

No deal Brexit far more likely if May's is rejected

Britain is more likely to end up leaving the European Union without a deal if parliament rejects the agreement Prime Minister Theresa May has negotiated with Brussels, Brexit minister Stephen Barclay said on Thursday. With less than three months until Brexit lawmakers will make a pivotal decision later this month: ...
Craig Erlam / OANDA   |   Thu, 3 Jan 2019 12:29:27

Brexit freight ferry firm appears all geared up - to deliver pizzas

Terms and conditions on Seaborne website seem to be intended for food company First, it emerged that the "startup" company hired to operate extra ferries as part of no-deal Brexit planning had no ships. Now, new questions are being asked about the readiness of Seaborne Freight to handle the £13.8m ...
Ben Quinn / Guardian   |   Thu, 3 Jan 2019 12:23:47

FT Collection: Brexit 2018

So many twists and turns, but Theresa May keeps her job and battles on
FT   |   Thu, 3 Jan 2019 12:16:22

Brexit ferry contractors copy 'takeaway' site conditions

The ferry company at the centre of a row over no deal Brexit planning is facing claims it used terms and conditions replicated from a takeaway delivery website.
Sky   |   Thu, 3 Jan 2019 12:16:00

Brexit: Sushma Swaraj says no problem for migrants till process gets over

The Brexit task is not yet completed and there won't be any problem to Indians till the process gets over, External Affairs Minister Sushma Swaraj told the Rajya Sabha on Thursday.
PTI / Financial Express   |   Thu, 3 Jan 2019 12:04:48

OANDA Business Breakfast on Jazz FM

#Apple, #FX and equity markets, #JohnLewis, #Brexit and more discussed on this morning's Business Breakfast on @jazzfm with @OANDA.
Craig Erlam / OANDA   |   Thu, 3 Jan 2019 12:03:43

No-deal Brexit would cause turbulence for farmers, says Gove

Environment secretary says tariffs and labour pressures would add to producers' costs The environment secretary, Michael Gove, has said there will be considerable turbulence in sectors such as agriculture if the UK leaves the EU without a deal. He said the UK could flourish over time even without a deal, ...
Press Association / Guardian   |   Thu, 3 Jan 2019 11:53:35

EU: Brexit deal will not be re-negotiated

The European Commission spokeswoman, Mina Andreeva was out with some comments in the last hour, citing that the EU is working for an orderly Brexit but will continue to implement the contingency plan. Key quotes: • Brexit deal on the table is the best and only deal possible. • The ...
FX Street   |   Thu, 3 Jan 2019 11:26:20