Brexit News Archive: 09 Jan 2019

Brexit: Jeremy Corbyn says election 'only way to heal deep divisions' caused by EU referendum vote

'To break the deadlock an election is not only the most practical option, it is also the most democratic option'
Lizzy Buchan / The Independent   |   Wed, 9 Jan 2019 22:40:54

Corbyn to call for UK election if May loses Brexit vote: Labour

Britain's main opposition Labour Party will demand a general election if Prime Minister Theresa May loses a vote in parliament over her Brexit plans next week, its leader Jeremy Corbyn will say on Thursday.
Reuters   |   Wed, 9 Jan 2019 22:33:47

Corbyn to call for election if May loses Brexit vote - Labour

Britain's main opposition Labour Party will demand a general election if Prime Minister Theresa May loses a vote in parliament over her Brexit plans next week, its leader Jeremy Corbyn will say on Thursday.
Reuters   |   Wed, 9 Jan 2019 22:33:11

Japan's Abe to meet UK PM May as Brexit crunch approaches

Japan's Shinzo Abe is likely to urge British Prime Minister Theresa May on Thursday to do everything she can to avoid a disorderly Brexit that some of Japan's leading companies have warned could be a disaster.
Reuters   |   Wed, 9 Jan 2019 22:32:23

Japan and EU working to stop no-deal Brexit: Dutch prime minister

Japan and EU powers are working "very hard" to prevent Britain leaving the bloc without a deal, Dutch Prime Minister Mark Rutte said Wednesday with ...
No Author / Japan Times   |   Wed, 9 Jan 2019 22:17:09

Factbox: Britain's Brexit vote - How many lawmakers are backing PM May?

Britain's parliament is debating whether to support Prime Minister Theresa May's Brexit deal, a decision which will define Britain's departure from the European Union and set the course for the country's economy.
Reuters   |   Wed, 9 Jan 2019 21:35:03

Two Brexit defeats in two days as MPs tie PM's hands

Theresa May suffered a second House of Commons defeat within 24 hours as MPs moved to force the prime minister to reveal her Brexit plan B sooner, if her EU divorce deal is rejected next week.
Sky   |   Wed, 9 Jan 2019 21:18:00

Brexit: MPs plan their push for Final Say referendum after May suffers stunning Commons defeat

Conservative revolt torpedoes No 10's apparent plan to force MPs to vote multiple times on the deal
Rob Merrick / The Independent   |   Wed, 9 Jan 2019 21:12:22

Irish Deputy PM optimistic over Northern Irish devolution, Brexit permitting

Ireland's deputy prime minister said he was "very optimistic" that Northern Ireland's feuding parties could agree to revive the province's power-sharing government this year, provided a Brexit deal is agreed by the end of March.
Reuters   |   Wed, 9 Jan 2019 21:04:36

May Is Cornered by Parliament as She Fights for Her Brexit Deal

The premier has five working days to overcome political opposition to the exit agreement she's negotiated with the European Union before the deal is put to a vote in Parliament on Jan. 15. If the House of Commons defeats her plan, May says Britain will be facing an economically damaging ...
sellputs / Hedge Accordingly   |   Wed, 9 Jan 2019 20:08:45

No plans seen to bring Brexit deal back to parliament: junior minister

British junior Brexit minister Chris Heaton-Harris said on Wednesday he had not seen any plans to suggest Prime Minister Theresa May would ask parliament to vote again on her Brexit deal if it is rejected next week. May postponed a planned vote on the deal in December in order to ...
sellputs / Hedge Accordingly   |   Wed, 9 Jan 2019 20:08:18

GBP/USD rises back to the 1.2800 zone after Fed's minutes

US dollar consolidates losses across the board after FOMC minutes. Cable rises and holds near daily highs after minutes but remains limited on UK political uncertainty ahead of Brexit deal vote. The GBP/USD pair rose toward daily highs following the release of the FOMC minutes boosted by a slide of ...
FX Street   |   Wed, 9 Jan 2019 19:54:14

What Theresa May's Latest Defeat Means For Brexit And Under-Fire Speaker John Bercow

Arj Singh / Huffington Post   |   Wed, 9 Jan 2019 19:39:22

Japan's Abe, Dutch PM Rutte working to avoid no-deal Brexit

Japanese Prime Minister Shinzo Abe said on Wednesday he and Dutch Prime Minister Mark Rutte discussed what they can do to help avoid a no-deal Brexit.
Reuters   |   Wed, 9 Jan 2019 19:29:38

British MEPs to bag lucrative post-Brexit payout

The departing parliamentarians are entitled to 'transitional' payments totaling tens of thousands of euros.
Maïa de La Baume / Politico   |   Wed, 9 Jan 2019 19:25:05

UK shares creep and close higher again in recovery rally

The FTSE index extended the rally on Wednesday amid optimism about the latest round of US-China trade talks and hopes that moves in Westminster have lowered the chance of a no-deal Brexit. The index climbed by 0.66% or 45.03 points at 6,906.63 and is now positioned the best levels in ...
FX Street   |   Wed, 9 Jan 2019 19:18:48

Delaying Brexit May Be 'Inevitable' Thanks To Tory Chaos, Labour's Keir Starmer Warns

Paul Waugh / Huffington Post   |   Wed, 9 Jan 2019 19:15:24

Cabinet Ministers Launch Charm Offensive To Win MPs' Backing For Theresa May's Brexit Deal

Arj Singh / Huffington Post   |   Wed, 9 Jan 2019 19:04:29

British lawmakers double down on resistance to May's Brexit deal

Prime Minister Theresa May brought her little-loved EU divorce agreement back to lawmakers who appear determined to thwart her plans.
SMH   |   Wed, 9 Jan 2019 18:51:19

Moment of truth for Commons bid for Brexit control

May's weakness laid bare by rebellions but no clear majority for alternatives to her deal
FT   |   Wed, 9 Jan 2019 18:48:07

Brexit timeline: key dates in UK's divorce from EU

From historic vote on Theresa May's deal to the day of departure and beyond
FT   |   Wed, 9 Jan 2019 18:41:39

Taylor Wimpey leads rally among UK housebuilders

Growing pressure on government over Brexit also helps support domestic sectors
FT   |   Wed, 9 Jan 2019 18:40:55

Factbox: Britain's Brexit vote - What are 'amendments' and why do they matter?

Britain's parliament will, over the course of a series of votes next Tuesday evening, decide whether to approve or reject Prime Minister Theresa May's Brexit deal - a pivotal decision for the world's fifth largest economy.
Reuters   |   Wed, 9 Jan 2019 17:59:29

UK government backs giving parliament chance to reject Northern Irish backstop

The government said on Wednesday it would support a change to its Brexit plan that gives parliament the chance to vote against activating unpopular backstop arrangements designed to prevent a hard border between Ireland and Northern Ireland.
Reuters   |   Wed, 9 Jan 2019 17:52:29

Banks, business and Brexit

While politicians in Westminster wrangle over the shape of Britain's exit deal from ...
FT   |   Wed, 9 Jan 2019 17:51:32

UK parliament inflicts fresh defeat on PM May over Brexit

British legislators ramp up pressure on embattled Prime Minister Theresa May ahead of crucial Brexit vote next week.
Al Jazeera   |   Wed, 9 Jan 2019 17:49:36

Brexit: what does the latest parliamentary upset mean for Theresa May?

A cross-parliamentary group of MPs has struck again, landing another major blow against the government ahead of the vote on Theresa May's Brexit deal on January 15. The manoeuvre changes the parliamentary timetable to give the prime minister just three days to come up with a new plan if she ...
Louise Thompson, Senior Lecturer in Politics, University of Manchester / The Conversation   |   Wed, 9 Jan 2019 17:25:25

MP cleared of election expenses fraud, aide convicted

A member of parliament from Prime Minister Theresa May's minority ruling Conservative Party was cleared on Wednesday of declaring false expenses during Britain's 2015 national election in which he narrowly beat leading Brexit figure Nigel Farage.
Reuters   |   Wed, 9 Jan 2019 17:20:37

May suffers parliament defeat as Brexit debate resumes

British Prime Minister Theresa May suffered an early defeat to her Brexit plans on Wednesday when parliament demanded the government come up with a plan-B within days if she loses a vote on her deal to leave the European Union.
Reuters   |   Wed, 9 Jan 2019 17:10:01

Brexit: Second Commons defeat for Theresa May in 24 hours

MPs vote to force the PM to announce new Brexit plans within three days if her deal fails in the Commons.
BBC   |   Wed, 9 Jan 2019 17:01:24

Irish PM dismisses backstop veto proposal for Northern Irish assembly

The Irish government could not accept a situation in which Northern Ireland's devolved assembly held a veto over the insurance mechanism aimed at keeping the Irish border open after Brexit, Prime Minister Leo Varadkar said.
Reuters   |   Wed, 9 Jan 2019 16:51:22

We now know John Bercow is as out of control as Brexit itself

The House of Commons bears more than a passing resemblance to a courtroom. It turned on its judge and found him guilty - the Brexiteers have never been so angry
Tom Peck / The Independent   |   Wed, 9 Jan 2019 16:46:47

Brexit: Theresa May offers Conservative rebels fresh compromise likely to anger EU

Parliament will be given chance to vote against UK entering backstop, even if legally binding Brexit deal says it must
Benjamin Kentish / The Independent   |   Wed, 9 Jan 2019 16:39:00

Labour could force Corbyn to dump plan to push through Brexit if snap election called, party admits

'What our policy in a general election would be would obviously be decided by our internal party democracy', says leader's spokesman
Rob Merrick / The Independent   |   Wed, 9 Jan 2019 16:09:00

Breached or Protected? The 'principle' of consent in Northern Ireland and the UK government's Brexit proposals

Today the UK government has published a policy paper that attempts to counter unionist concerns about the Withdrawal Agreement and its potential impact on Northern Ireland's place in the United Kingdom. Underpinning this paper is the government's commitment to 'maintain absolutely the principle of consent'. Katy Hayward and David Phinnemore ...
Roch Dunin-Wasowicz / LSE   |   Wed, 9 Jan 2019 16:00:15

Bercow allows Commons to take back control on Brexit

Once John Bercow had made his controversial decision to allow a vote on a move to force Theresa May to reveal her Brexit Plan B if she loses the big vote next Tuesday, the result was never in doubt.
Sky   |   Wed, 9 Jan 2019 15:57:00

Speaker defends impartiality amid Brexiteers' anger

House of Commons Speaker John Bercow has defended his impartiality over Brexit following angry protestations by Leave-supporting MPs.
Sky   |   Wed, 9 Jan 2019 15:56:00

Stormy scenes as British Prime Minster Theresa May suffers Commons defeat over Brexit plan B

Theresa May will be obliged to present MPs with a new Brexit plan within three days if her current proposal is voted down next week, after a procedural amendment to the plan's progress through the Commons was passed amid chaotic scenes. The amendment to the business motion for the plan, ...
The Guardian / South China Morning Post   |   Wed, 9 Jan 2019 15:51:54

Brexit vote: MPs vote by 308-297 to defeat Theresa May and accept Grieve amendment

Follow all the latest updates from Westminster
The Independent   |   Wed, 9 Jan 2019 15:50:00

Britain's May suffers parliament defeat as Brexit debate restarts

British Prime Minister Theresa May suffered an early defeat to her Brexit plans on Wednesday, when parliament demanded the government come up with a plan-B within days if she loses a vote on her deal to leave the European Union.
Reuters   |   Wed, 9 Jan 2019 15:46:02

Factbox: Britain's big Brexit vote - What happens in parliament?

Prime Minister Theresa May must win a vote in parliament to get her Brexit deal approved, or risk seeing Britain's exit from the European Union descend into chaos.
Reuters   |   Wed, 9 Jan 2019 15:33:03

In Another Embarrassing Defeat, Commons Passes Amendment To Help Kill May's Brexit Deal

Following Theresa May's dramatic defeat on Tuesday when 20 Tory rebels helped pass an amendment to a finance bill that effectively eliminated the possibility of a 'no deal' Brexit, Parliament has taken another step toward wresting power over the Brexit process away from May and her government by passing another ...
Tyler Durden / Zero Hedge   |   Wed, 9 Jan 2019 15:30:07

No-deal Brexit: Can Parliament stop it?

Cross-party MPs have tabled an amendment to make a no-deal Brexit more difficult.
BBC   |   Wed, 9 Jan 2019 15:14:19

Radio campaign prepares for life after Brexit

The government has launched a radio campaign to help prepare Britons and EU nationals for life after Brexit.
Sky   |   Wed, 9 Jan 2019 15:11:00

May suffers parliament defeat as Brexit debate restarts

British Prime Minister Theresa May suffered an early defeat to her Brexit plans on Wednesday, when members of parliament demanded the government come up with a plan B within days if she loses a vote on her deal to leave the European Union.
Reuters   |   Wed, 9 Jan 2019 15:07:57

British government will respond rapidly after debate - Brexit secretary

The British government will respond quickly if Prime Minister Theresa May's Brexit deal is defeated in parliament next week, Brexit secretary Stephen Barclay said on Wednesday.
Reuters   |   Wed, 9 Jan 2019 15:07:33

Brexit & Beyond: Unemployment Shrinks in Europe, But Stays High in the South

To subscribe to the newsletter, please sign up here MUST READS As Unemployment Shrinks in Europe, Big Disparities Linger: The eurozone's unemployment rate fell to its lowest rate in more than a decade during November, a sign that the currency area's economic slowdown is unlikely to quickly turn into a ...
WSJ Staff / MoneyBeat   |   Wed, 9 Jan 2019 15:03:42

Ferry firm insists it will be ready for no-deal Brexit

Seaborne says it will be ready for Brexit, despite fears the Ramsgate-to-Ostend line is behind schedule.
BBC   |   Wed, 9 Jan 2019 14:59:29

Brexit: parliament ties Theresa May in knots ahead of vote

Having been controversially postponed in December, the parliamentary vote on the UK's draft withdrawal agreement from the EU has been rescheduled for Tuesday January 15. The prime minister seems confident that she can get her deal through but, then, the same was true back in December before she hastily cancelled ...
Chris Stafford, Doctoral Researcher, University of Nottingham / The Conversation   |   Wed, 9 Jan 2019 14:49:53

British PM loses key vote on Brexit procedure in parliament

Times of India   |   Wed, 9 Jan 2019 14:46:12

UK government defeated as MPs vote for quick action if May's Brexit deal rejected

The British government was defeated in parliament on Wednesday as members of parliament voted for a procedural change that reduces the time it has to come up with an alternative plan if Prime Minister Theresa May's Brexit deal is defeated next week.
Reuters   |   Wed, 9 Jan 2019 14:43:20

There Is No Plan B

As the AP tells us it takes two to tango, and while it made no sense in that context, I suppose it does make sense in this one.Theresa May will be obliged to present MPs with a new Brexit plan within three days if her current proposal is voted down ...
Atrios / Eschaton   |   Wed, 9 Jan 2019 14:38:00

Theresa May Must Propose Brexit 'Plan B' Within Three Days If She Loses Crunch Vote Next Week

Arj Singh / Huffington Post   |   Wed, 9 Jan 2019 14:33:14

UK: Government defeated as Parliament approves change to Brexit procedure

According to the latest headlines crossing the wires, the British government was defeated in a vote, 308 vs 297, that approved changed to the Brexit procedure. Now, the government will have three days to present the next steps on Brexit if May's deal gets voted down next week.
FX Street   |   Wed, 9 Jan 2019 14:32:40

Theresa May suffers second Brexit defeat in 24 hours

MPs vote on amendment that forces government to come back to parliament within 3 days of losing a vote on Brexit package.
Tom McTague / Politico   |   Wed, 9 Jan 2019 14:29:14

Brexit: MPs vote to force Theresa May to reveal plan B within three days if deal is voted down

Fresh blow for prime minister as she suffers second defeat in less than 24 hours
Benjamin Kentish / The Independent   |   Wed, 9 Jan 2019 14:27:00

Tory Brexiteer Andrew Bridgen Mocks Paddy Ashdown Tribute With 'Vile' Heckle

Rachel Wearmouth / Huffington Post   |   Wed, 9 Jan 2019 14:26:10

Grieve amendment: What could it mean for Brexit and a second referendum?

Tory MPs are furious that the Speaker has allowed the Commons challenge
Lizzy Buchan / The Independent   |   Wed, 9 Jan 2019 14:12:00

"Record Number of Britons Seek Irish Passports as Brexit Looms"

Well duh. You knew this was coming when JPM had to resort to: "J.P. Morgan is deploying photos of sausages to lure staff to Frankfurt" There is one population subset voluntarily heading east. As the article below notes: Jewish Families in UK Who Fled Nazis Apply for German Passports to ...
climateer / Climateer Investing   |   Wed, 9 Jan 2019 14:11:00

UK govt will provide certainty quickly if May's deal rejected - spokesman

The British government always planned to seek to provide certainty quickly if Prime Minister Theresa May's Brexit deal is rejected by parliament next week, her spokesman said on Wednesday.
Reuters   |   Wed, 9 Jan 2019 13:49:09

UK PM May's Spokesman: Government to provide certainty quickly if Brexit vote was lost

A spokesman for the British Prime Minister Theresa May has recently crossed the wires saying that the government always planned to provide certainty quickly if Brexit deal were to get voted down in the Parliament next week. Key quotes Government will vote against amendment on Brexit procedure. Surprised amendment to ...
FX Street   |   Wed, 9 Jan 2019 13:48:19

Brexit: The Uncivil War - what it told us, and what it didn't

Channel 4/Nick Wall We are going to be making decisions based on science and data ... no advertisers, no snake oil salesmen, or fucking Saatchis. We're gonna follow algorithmic, statistical analysis. One of the - many - highlights of Channel 4's Brexit: The Uncivil War was this rather throwaway line ...
Charlotte O'Brien, Professor of Law, University of York / The Conversation   |   Wed, 9 Jan 2019 13:37:44

Like Greece, Brexit negotiations leave the UK a rule taker from the EU

Since the beginning of the referendum campaign on EU membership, a section of British politics has been immersed in a grand illusion: that the UK would be in a position to leave the EU without making painful concessions. Some hard Brexiteers have even fantasised that they can blackmail Europe into ...
Athanassios Gouglas, Lecturer in Politics and Public Policy, University of Exeter / The Conversation   |   Wed, 9 Jan 2019 13:30:34

Britain needs to get real: the EU is in charge of Brexit

On Tuesday evening, members of Parliament voted in favor of preventing the UK exiting the European Union without a deal. On Wednesday morning, MPs secured a vote on forcing the Prime Minister to come up with an alternative plan if, as expected, her own deal, carefully negotiated with Brussels, is ...
CNN   |   Wed, 9 Jan 2019 13:30:20

Britain will leave EU on March 29: UK PM Theresa May

Britain will leave the EU on March 29, PM Theresa May said when asked by a lawmaker to rule out any delay to Brexit. On Tuesday, the Telegraph newspaper cited 3 unidentified EU sources as saying British officials had been "putting out feelers" and "testing the waters" on an extension ...
Times of India   |   Wed, 9 Jan 2019 13:02:10

May says Britain will leave EU on March 29

Britain will leave the European Union on March 29, Prime Minister Theresa May said on Wednesday when asked by a lawmaker to rule out any delay to Brexit.
Reuters   |   Wed, 9 Jan 2019 12:55:18

UK worker productivity growth falls to two-year low on back of Brexit concerns

Annual growth in economic output per hour of work drops in third quarter of 2018 - ONS The productivity growth of British workers fell to a two-year low in the third quarter of last year, according to official figures released amid warnings that failures of government policy and Brexit are ...
Richard Partington Economics correspondent / Guardian   |   Wed, 9 Jan 2019 12:34:37

Businesses to demand emergency measures if MPs reject Brexit deal

Freight Transport Association prepares list of 'mini-deals' UK must seek from EU to ensure Britain keeps trading Follow the latest political developments - live updates Business leaders will call for a series of emergency measures to cushion the blow of the UK crashing out of the EU if Theresa May's ...
Lisa O'Carroll Brexit correspondent / Guardian   |   Wed, 9 Jan 2019 12:33:23

May pressing talks with EU to get Brexit assurances

Prime Minister Theresa May said on Wednesday she was pressing talks with EU leaders on securing assurances to ease concerns over her Brexit deal, doubling down on her warning that Britain could leave without an accord if parliament votes against her.
Reuters   |   Wed, 9 Jan 2019 12:26:31

Port Of Calais Chief Brands Chris Grayling 'Disrespectful' Over Brexit Ferries Debacle

Rachel Wearmouth / Huffington Post   |   Wed, 9 Jan 2019 12:21:09

Brexit backstop role for Northern Ireland parliament 'meaningless' - DUP

A proposal to give a role to the Northern Ireland assembly on the future imposition of EU rules on the region under Britain's Brexit deal is the party that props up Prime Minister Theresa May's government said on Wednesday.
Reuters   |   Wed, 9 Jan 2019 12:13:20

MPs seek to force May to present Brexit 'plan B'

Amendment from cross party MPs including nine Tories marks latest Commons rebellion
FT   |   Wed, 9 Jan 2019 11:47:01

Pro-EU MPs try to speed UK government's plan B on Brexit

Several pro-EU members of parliament mounted a bid on Wednesday to force Britain's government to return to parliament in three days with a plan B for Brexit if Prime Minister Theresa May's deal to leave the European Union is voted down next week.
Reuters   |   Wed, 9 Jan 2019 11:45:47

GBP/USD surrenders a major part of early gains amid persistent Brexit uncertainties

• Bulls failed to capitalize on early up-move led by renewed USD weakness. • Brexit uncertainties continued to dent sentiment around the British Pound. • The developments set the stage for the resumption of the depreciating move. The GBP/USD pair faded an early European session bullish spike to an intraday ...
FX Street   |   Wed, 9 Jan 2019 11:34:42

World Bank warns no-deal Brexit risks wider economic impact

Impact of no-deal Brexit would be felt from Eastern Europe to North Africa, World Bank says.
Galaxy Henry / Politico   |   Wed, 9 Jan 2019 11:31:56

Getting Brexit deal through UK parliament will be challenging - business secretary

It's going to be "clearly challenging" to pass Prime Minister Theresa May's Brexit deal with the European Union through the British parliament, Business Secretary Greg Clark said on Wednesday.
Reuters   |   Wed, 9 Jan 2019 11:27:09