Brexit News Archive: 16 Jan 2019

Theresa May lives on as PM-but Brussels is in charge of Brexit

Theresa May suffered a huge loss on a Brexit vote, and then withstood a no-confidence vote only a day later. What's next? The post Theresa May lives on as PM-but Brussels is in charge of Brexit appeared first on Macleans.ca .
The Conversation / Macleans   |   Wed, 16 Jan 2019 22:53:21

Brexit: Theresa May says MPs must 'work together' to deliver Brexit

The prime minister calls on politicians to "put self-interest aside" and deliver on the referendum.
BBC   |   Wed, 16 Jan 2019 22:52:27

Brexit not a problem for Canada, will hit global economy - Canada finance minister

The uncertainty over whether the United Kingdom will leave the European Union is not a direct problem for Canada but will hit the global economy, Canadian Finance Minister Bill Morneau said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 22:42:49

U.K. Prime Minister Theresa May Gives Speech After Winning No-Confidence Vote

(LONDON) - British Prime Minister Theresa May survived a no-confidence vote in Parliament on Wednesday to remain in office - but saw more of her power ebb away as she battled to keep Brexit on track after lawmakers demolished her European Union divorce deal. May won a narrow victory, 325 ...
JILL LAWLESS and DANICA KIRKA / AP / Time   |   Wed, 16 Jan 2019 22:40:31

PM 'disappointed' as Corbyn fails to take up offer of Brexit talks

Theresa May has said she is Jeremy Corbyn has yet to take up her offer of talks on Brexit, after surviving a no-confidence vote called by the Labour leader.
Sky   |   Wed, 16 Jan 2019 22:26:00

Macro Morning

By Chris Becker With the Brexit Parliamentary vote now a distant memory, and the US government shutdown pressing on regardless - with no key economic data being released as well - markets are focused on other matters like earnings reports, which have buoyed US stocks overnight. Stability came back to ...
Chris Becker / MacroBusiness   |   Wed, 16 Jan 2019 22:25:25

British PM May says door open to Labour to join Brexit talks

British Prime Minister Theresa May said on Wednesday the opposition Labour Party had yet to discuss a new approach to Brexit with her and urged politicians to put self-interest aside to work to break an impasse over leaving the European Union.
Reuters   |   Wed, 16 Jan 2019 22:17:21

May says door open to Labour to join Brexit talks

British Prime Minister Theresa May said on Wednesday the opposition Labour Party had yet to discuss a new approach to Brexit with her and urged politicians to put self-interest aside to work to break an impasse over leaving the European Union.
Reuters   |   Wed, 16 Jan 2019 22:14:46

Brexit debate: Theresa May's humbling offers a ray of hope

May promised to reach out to other parties in a "constructive spirit" to find a solution that has broad support. The 52-48 split in the 2016 referendum practically begged for a consensus-driven solution to delivering Brexit.
Bloomberg / Financial Express   |   Wed, 16 Jan 2019 22:05:33

May survives no-confidence vote but is still beset by Brexit deal quest as power ebbs

British Prime Minister Theresa May survived a no-confidence vote in Parliament on Wednesday to remain in office - but saw more of her power ebb ...
No Author / Japan Times   |   Wed, 16 Jan 2019 21:54:08

May seeks to end Brexit stalemate after winning confidence vote

Prime Minister Theresa May won a confidence vote in the British parliament on Wednesday before inviting other party leaders for immediate talks to try to break the impasse on a Brexit divorce agreement.
Reuters   |   Wed, 16 Jan 2019 21:47:38

Conservatives may now be heading for a major split

Brexit is about to become softer and this could be the final straw for many Tory MPs
FT   |   Wed, 16 Jan 2019 21:46:54

Jeremy Corbyn boycotts Theresa May talks to solve Brexit crisis

The Labour leader said he could not accept Ms May's invitation until she rules out a 'catastrophe' no-deal Brexit
Joe Watts / The Independent   |   Wed, 16 Jan 2019 21:36:00

UK journalist on Brexit chaos: This is a self-inflicted wound

One day after her Brexit plan suffered a humiliating defeat in Parliament, British Prime Minister Theresa May survived a no-confidence vote. Ali Velshi talked with NBC News correspondent Bill Neely and British political journalist Mehdi Hasan about the
MSNBC   |   Wed, 16 Jan 2019 21:27:58

Dollar up on bleak EU outlook, pound bolstered by hopes of soft Brexit

The dollar rose against the euro on Wednesday as the single currency was pushed lower by worries about the euro zone economy, while sterling was strong ahead of a no-confidence vote in British Prime Minister Theresa May's government. The euro was down 0.05 percent against the dollar, last at $1.14, ...
Ed Moya / OANDA   |   Wed, 16 Jan 2019 21:25:52

Theresa May survives another Brexit skirmish

Implications of latest vote could ultimately prove greater for Labour - whose leadership placed its bets on ousting May.
Al Jazeera   |   Wed, 16 Jan 2019 21:18:58

Exclusive: £100,000 Surge In Donations To People's Vote Campaign After May's Brexit Deal Crushed

Rachel Wearmouth / Huffington Post   |   Wed, 16 Jan 2019 21:12:03

Brexit: Labour MPs launch bid to force Jeremy Corbyn to back Final Say referendum

They believe the party's official policy now demands the leadership pivot towards a new vote after it failed to secure an election on Wednesday
Joe Watts / The Independent   |   Wed, 16 Jan 2019 21:01:00

UK PM May seeks to end Brexit stalemate after winning confidence vote

Prime Minister Theresa May won a confidence vote in the British parliament on Wednesday before inviting other party leaders for immediate talks to try to break the impasse on a Brexit divorce agreement.
Reuters   |   Wed, 16 Jan 2019 20:59:11

Brexit: Theresa May survives vote of no confidence - as it happened

FT   |   Wed, 16 Jan 2019 20:57:48

Brexit: Your simple guide to the UK leaving the EU

Feeling a little lost about what's going on with Brexit? Here's our basic guide.
BBC   |   Wed, 16 Jan 2019 20:54:57

Labour's serial rebel Jeremy Corbyn fails to topple British PM Theresa May, but is strengthened by Brexit debacle

British opposition leader Jeremy Corbyn has repeatedly beaten the odds in his long and colourful career and may stand to benefit from government divisions over Brexit - but he failed on Wednesday in his attempt to topple Prime Minister Theresa May. The government survived a no-confidence vote called by the ...
Agence France-Presse / South China Morning Post   |   Wed, 16 Jan 2019 20:52:56

Taiwan objects to Britain's post-Brexit WTO services trade arrangement

Taiwan objects to Britain's proposed rules for managing its trade in services after it leaves the European Union and has requested negotiations at the World Trade Organization, according to a document seen by Reuters on Wednesday.
Reuters   |   Wed, 16 Jan 2019 20:40:38

UK's Labour says no to talks with PM May until she rules out 'no deal' Brexit: spokesman

Britain's opposition Labour Party is not prepared to hold substantive talks with Prime Minister Theresa May on the way forward on Brexit until she takes the option of 'no deal' off the table, a spokesman said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 20:40:01

Labour says no to talks with May until she rules out 'no deal' Brexit - spokesman

Britain's opposition Labour Party is not prepared to hold substantive talks with Prime Minister Theresa May on the way forward on Brexit until she takes the option of 'no deal' off the table, a spokesman said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 20:39:40

Why EU now needs more Brexit imagination: Theresa May's devastating defeat reflects the shortfalls of Brussels too

UK Prime Minister Theresa May suffered a devastating defeat on Tuesday on her Brexit withdrawal deal losing by a massive 202 to 432. Westminster is in potential turmoil, following the biggest defeat by any government...
Andrew Hammond / Times of India   |   Wed, 16 Jan 2019 20:30:04

Potential Brexit scenarios following latest vote in U.K.

NBC's Bill Neely reports on the significance of British lawmakers' rejection of the no-confidence motion in Prime Minister Theresa May's government. MSNBC's Ali Velshi explains next steps.
MSNBC   |   Wed, 16 Jan 2019 20:26:49

Theresa May Lives to Fight Another Day. But for What?

LONDON-Less than 24 hours after suffering a historic defeat against her Brexit deal, British Prime Minister Theresa May survived another vote of no confidence on Wednesday, ensuring that she'll survive to fight another day. But there is little cause for celebration: More than two years after Britain voted to leave ...
Yasmeen Serhan / The Atlantic   |   Wed, 16 Jan 2019 20:25:00

Nothing should be off the table in search for Brexit compromise, UK minister says

Nothing should be taken off the table in the search for compromise over Brexit, British work and pensions minister Amber Rudd said when asked about the idea of delaying Brexit and a possible permanent customs union with the European Union.
Reuters   |   Wed, 16 Jan 2019 20:19:58

Here's what you need to know about Brexit

CNN correspondents and producers go back to basics to guide you through everything you need to know about the divorce between the EU and the UK.
CNN   |   Wed, 16 Jan 2019 20:17:44

Hague says Brexit crisis could yet lead to an election

Former Conservative leader says media are underestimating chances of a poll
FT   |   Wed, 16 Jan 2019 20:13:37

How is Theresa May still in charge?

CNN   |   Wed, 16 Jan 2019 20:09:57

Brexit: Theresa May wins no confidence vote

UK prime minister wins Commons backing for her leadership
FT   |   Wed, 16 Jan 2019 20:05:59

Morning Update: Thursday January 17

WestConnex causing cracks, Alex de Minaur is through to the third round of the Australian Open, and Tony Abbott slapped down over his Brexit claim.
Ben Weir / SMH   |   Wed, 16 Jan 2019 20:05:38

How every MP voted on the Brexit deal and the no confidence motion

Enter your postcode or MP's name to see how they voted
FT   |   Wed, 16 Jan 2019 20:05:14

Brexit: British PM May wins confidence vote in Parliament

Prime Minister Theresa May's government won a confidence vote in the British parliament on Wednesday.
Reuters / Financial Express   |   Wed, 16 Jan 2019 20:04:58

UK PM May's statement on Brexit talks with party leaders

Following is a statement from Prime Minister Theresa May after winning a confidence vote in parliament.
Reuters   |   Wed, 16 Jan 2019 20:03:38

What a predictable bloody mess

So, that's cleared that up. One Brexit option down, only four (by my conservative count) possible scenarios left. Tuesday's historic defeat for Theresa May and her European Union withdrawal plan leaves the British people and their government with 72 days to come up with a Plan B before the March ...
CNN   |   Wed, 16 Jan 2019 20:02:17

BBRG: Three Necessary Steps to End Brexit Madness

Three Necessary Steps to End Brexit Madness Start by acknowledging that leaving the European Union was never going to be cheap, easy or painless. Bloomberg, January 16, 2019       The first time we discussed the U.K. leaving the European Union (EU), the momentum looked like it was behind ...
Barry Ritholtz / The Big Picture   |   Wed, 16 Jan 2019 20:00:05

UK PM May wins confidence vote; now to search for Brexit consensus

Prime Minister Theresa May's government won a confidence vote in the British parliament on Wednesday, clearing the way for her to attempt to forge a consensus among lawmakers on a Brexit divorce agreement.
Reuters   |   Wed, 16 Jan 2019 19:52:21

May survives Labour no-confidence vote

Eurosceptic Tories and DUP rally behind PM after Brexit deal rebellion
FT   |   Wed, 16 Jan 2019 19:50:04

May's government survives no confidence vote

Theresa May sees off a bid to topple her government by 19 votes and vows to get on with delivering Brexit.
BBC   |   Wed, 16 Jan 2019 19:46:57

May staggers on after surviving confidence vote

Theresa May will stagger on as Britain's Prime Minister after her government survived a vote of no confidence called in the wake of Tuesday's devastating parliamentary defeat for her Brexit deal.
CNN   |   Wed, 16 Jan 2019 19:46:08

The moment May defeats no-confidence vote

British Prime Minister Theresa May survived a no-confidence vote over her handling of Brexit, following a historic defeat of her agreement to leave the European Union.
CNN   |   Wed, 16 Jan 2019 19:44:05

Theresa May narrowly survives no-confidence vote

Theresa May narrowly survives no-confidence vote Wednesday after her Brexit plan was crushed Tuesday.
MSNBC   |   Wed, 16 Jan 2019 19:43:58

UK Prime Minister Theresa May survives vote of no confidence after humiliating Brexit defeat

British Prime Minister Theresa May survived a no-confidence vote on Wednesday that was sparked by the crushing defeat of her Brexit deal just weeks before the UK leaves the European Union. A stunning 24-hour span saw May on Tuesday dealt the heaviest drubbing by parliament in modern British political history ...
Agence France-Presse / South China Morning Post   |   Wed, 16 Jan 2019 19:42:30

Britain's Theresa May survives 'no-confidence' vote after large Brexit defeat

Theresa May won a 'no-confidence' vote in her government related to a Brexit deal. Everyone is watching what she does next.
Kim Hjelmgaard, USA TODAY / USA Today   |   Wed, 16 Jan 2019 19:40:05

Corbyn urges May to rule out no-deal Brexit before talks

The leader of Britain's opposition Labour Party, Jeremy Corbyn, said on Wednesday that Prime Minister Theresa May had to rule out the possibility of a no-deal Brexit before holding cross-party talks on how to take Britain out of the European Union.
Reuters   |   Wed, 16 Jan 2019 19:39:28

'You are embarrassing': Tony Abbott slapped down over Brexit claim

"Anyone with a basic grasp of economics (not Tony Abbott it seems) should spot the problem," a British economics professor said.
Nick Miller / SMH   |   Wed, 16 Jan 2019 19:33:51

UK PM May says will meet party leaders on Wednesday evening

British Prime Minister Theresa May said she had invited parliamentary party leaders to meet her on Wednesday evening to try to break the deadlock over Brexit after her government won a vote of confidence from lawmakers.
Reuters   |   Wed, 16 Jan 2019 19:32:52

May says will meet party leaders on Wednesday evening

British Prime Minister Theresa May said she had invited parliamentary party leaders to meet her on Wednesday evening to try to break the deadlock over Brexit after her government won a vote of confidence from MPs.
Reuters   |   Wed, 16 Jan 2019 19:32:44

Theresa May survives no-confidence vote after Brexit defeat

UK Prime Minister Theresa May has survived a vote of no confidence in parliament, 24 hours after her Brexit withdrawal plan suffered an historic defeat.
Nick Miller / SMH   |   Wed, 16 Jan 2019 19:27:49

Gamblers predicted Brexit before traders or experts

A new study finds that gamblers reacted more quickly to news on Brexit than currency traders. On the night of the referendum, gamblers and odds makers figured out what would happen hours before traders, experts, and the BBC. The results are bad news for the idea that markets are perfectly ...
Scotty Hendricks / Big Think   |   Wed, 16 Jan 2019 19:26:56

U.K. Prime Minister Theresa May Narrowly Survives No-Confidence Vote After Massive Brexit Defeat

The House of Commons expressed confidence in the government by 325 votes to 306
JILL LAWLESS and DANICA KIRKA / AP / Time   |   Wed, 16 Jan 2019 19:25:52

Brexit: Theresa May survives confidence vote, but Brussels is in charge now

Just 24 hours after suffering a historic defeat in parliament over her Brexit deal, the prime minister has survived a vote of no confidence in her government - thanks to the support of her backbench MPs. Up until this point, these same backbench MPs have been all too willing to ...
Chris Stafford, Doctoral Researcher, University of Nottingham / The Conversation   |   Wed, 16 Jan 2019 19:24:43

Theresa May the worst prime minister ever? David Cameron got Britain into this mess

Following the government's catastrophic defeat in the House of Commons the UK prime minister, Theresa May, is coming under enormous criticism for her handling of the Brexit withdrawal agreement. Some people may even be inclined to consider her as a candidate for the worst prime minister ever. Such a judgement ...
Nicholas Allen, Reader in Politics, Royal Holloway / The Conversation   |   Wed, 16 Jan 2019 19:22:25

Brexit deal flops, Theresa May survives -- so what happens now?

As the clock ticks down to March 29 2019, all of the political manoeuvring, negotiating, arguing and fighting is coming to a peak. In the two and a half years since the 2016 EU referendum, views on both sides have hardened and agreement still seems as far away as it ...
Victoria Honeyman, Lecturer in British Politics, University of Leeds / The Conversation   |   Wed, 16 Jan 2019 19:21:42

What business leaders said on the Brexit conference call, perhaps

Stand back Mr Hammond, the answer you are seeking does not lie in a spreadsheet
FT   |   Wed, 16 Jan 2019 19:21:23

UK PM May: I'm pleased this House has expressed its confidence

British Prime Minister has delivered a short speech after winning the no confidence motion. Key quotes (via Reuters) I'm pleased this house has expressed its confidence. We will continue to work to deliver on Brexit. We have to find a way forward that finds a backing of the House. Meetings ...
FX Street   |   Wed, 16 Jan 2019 19:20:46

Theresa May Survives No-Confidence Vote After Brexit Deal Backfires

LONDON (AP) - British Prime Minister Theresa May survived a no-confidence vote in Parliament on Wednesday to remain in office...
Summer Concepcion / TPM   |   Wed, 16 Jan 2019 19:20:02

How Theresa May keeps on keeping on

Another day of Brexit drama ends, and Theresa May is still more-or-less Prime Minister of the more-or-less United Kingdom of Great Britain and Northern Ireland. On Wednesday, she survived a vote of no confidence in her government by a narrow majority of 19.
CNN   |   Wed, 16 Jan 2019 19:19:54

Breaking: GBP/USD shoots higher to 1.2882 as Prime Minister May wins no confidence vote

Following yesterday's humiliating defeat where PM May lost the 'meaningful vote' on her Brexit plan by a record margin of 432 to 202, the opposition party, Labour, and its leader, Jeremy Corbyn, tabled a vote of no confidence in the government which results have just come in. Markets had expected ...
FX Street   |   Wed, 16 Jan 2019 19:19:38

Theresa May Survives 'No Confidence' Vote

British Prime Minister Theresa May narrowly won a confidence vote, 325 to 306, after yesterday's humiliating defeat of her Brexit plan. New York Times: "Ordinarily, a prime minister would be expected to resign after suffering a big defeat on a signature bill, but Brexit has rewritten the rules of British ...
Taegan Goddard / Taegan Goddard   |   Wed, 16 Jan 2019 19:18:38

May gropes for Brexit consensus after deal's crushing defeat in Parliament

Prime Minister Theresa May was trying to forge consensus in Parliament on a Brexit divorce agreement on Wednesday after the crushing defeat of her own ...
No Author / Japan Times   |   Wed, 16 Jan 2019 19:16:49

What happens next?

Theresa May has won a no confidence vote in her government. But with her Brexit plan defeated, what now?
BBC   |   Wed, 16 Jan 2019 19:16:36

Theresa May no-confidence vote result: PM survives Jeremy Corbyn bid to topple Conservative government

PM manages to cling to office once more, as parliament voted by 325 to 306 not to kick off a chain of events that could have led to a general election
Ashley Cowburn / The Independent   |   Wed, 16 Jan 2019 19:16:00

Run Down the Brexit Clock

The terrifying prospect of a no-deal Brexit on March 29 remains in play after the British Parliament emphatically rejected Prime Minister Theresa May's withdrawal agreement with the EU. Although it is tempting to reset the clock and give negotiations more time, that instinct must be resisted.
Yanis Varoufakis / Project Syndicate   |   Wed, 16 Jan 2019 19:03:31

Gillette maker's boss warns on Brexit price rises

The boss of Procter and Gamble, David S. Taylor, said his and other firms want "an amicable solution between the UK and the EU".
BBC   |   Wed, 16 Jan 2019 19:02:26

No-confidence vote - LIVE: Theresa May avoids humiliating defeat aimed at bringing down her government

Follow live updates from Westminster
Shehab Khan, Lizzy Buchan / The Independent   |   Wed, 16 Jan 2019 19:02:00

Hopes of Brexit delay boost housebuilders

Speculation over exit aids domestic stocks such as Taylor Wimpey and Persimmon
FT   |   Wed, 16 Jan 2019 19:01:55

Brexit and no-confidence vote: Corbyn targets 'zombie government'

Labour's leader attempts to oust the government and force a general election, after Theresa May's Brexit deal defeat.
BBC   |   Wed, 16 Jan 2019 19:01:21

Theresa May's fate is in Parliament's hands after Brexit deal defeat

CNN   |   Wed, 16 Jan 2019 18:59:42

EU agency claims Brexit is get-out clause for UK lease

EMA-Canary Wharf dispute could be test case for law after departure
FT   |   Wed, 16 Jan 2019 18:58:22

Watch Live: Parliament Holds No Confidence Vote In Theresa May

In his statement following Tuesday's historic defeat of Theresa May's Brexit plan, Labour leader Jeremy Corbyn tabled a motion of no confidence in Theresa May, following through on a longstanding threat following weeks of speculation about whether Labour would actually make good. And on Wednesday at 7 pm GMT ( ...
Tyler Durden / Zero Hedge   |   Wed, 16 Jan 2019 18:54:54

Labour rejects Tory ministers' approach over Brexit talks, demanding direct contact between leaders

Labour source told The Independent they suspected the government was attempt to 'divide and rule' by working around Mr Corbyn
Ashley Cowburn / The Independent   |   Wed, 16 Jan 2019 18:47:00

Better later - FX options signal more pound strength on Brexit delay signs

Better later - FX options signal more pound strength on Brexit delay signs
euronews   |   Wed, 16 Jan 2019 18:33:10

May must put country before party to fix Brexit

A non-partisan approach is needed to avoid the chaos of a no-deal exit from the EU
FT   |   Wed, 16 Jan 2019 18:28:00

UK Parliament: Motion of no confidence - live stream - Jan. 16

After the Parliament voted down British Prime Minister Theresa May's Brexit deal on Tuesday, the opposition Labour Party tabled a no confidence in the government. If PM May loses the vote, there could be a general election in the UK. The vote is expected to be held at around 19:00 ...
FX Street   |   Wed, 16 Jan 2019 18:27:20

Markets expect Brexit to be delayed, Bank of England governor says

Rebound of pound after the vote shows investors believe process could be extended Investors expect a delay to Britain's exit from the EU following the crushing defeat of the prime minister's Brexit deal, the Bank of England governor has said. Mark Carney said the reaction of financial markets in the ...
Phillip Inman / Guardian   |   Wed, 16 Jan 2019 18:12:20

'Stay humble': Investors urged not to rush into UK assets after Brexit blow

While markets are buying the view that the historic defeat suffered by Prime Minister Theresa May in parliament cuts the chances of a chaotic Brexit, some financial advisors are urging clients not to
Reuters, London / Al Arabiya   |   Wed, 16 Jan 2019 18:11:57

EU Officials Reportedly Willing To Delay Brexit For 'Many Months'

As conflicting reports about the EU27's willingness to compromise keep hitting the tape (Ireland's prime minister has said there's no room to negotiate or add any limits to the Irish backstop, but elsewhere officials appear to be open to the idea of some more concessions), Continental leaders are reportedly stepping ...
Tyler Durden / Zero Hedge   |   Wed, 16 Jan 2019 18:03:21

The news you may have missed this week because of Brexit

If you're fed up of hearing about Brexit, check out these stories.
BBC   |   Wed, 16 Jan 2019 17:52:19

What to Expect When You're Expecting Brexit

The short run could be bad for the rest of Europe, too
PAUL KRUGMAN / Paul Krugman   |   Wed, 16 Jan 2019 17:47:50

EU ready to delay Brexit until 2020: Times newspaper

European Union officials are examining plans to delay Brexit until 2020 after Germany and France indicated their willingness to extend withdrawal negotiations amid British political turmoil, The Times newspaper reported.
Reuters   |   Wed, 16 Jan 2019 17:43:49

EU reaction to Brexit vote defeat - regret, calls for clarity and no-deal preparations

The European Union has expressed its regret at the rejection of the Brexit withdrawal agreement by the UK parliament. It also recognises there is not a sufficient majority in the UK parliament for a Brexit solution. As Guy Verhofstadt, Brexit coordinator for the European parliament, put it: The UK parliament ...
Nieves Perez-Solorzano, Senior Lecturer in European Politics, University of Bristol / The Conversation   |   Wed, 16 Jan 2019 17:39:42

In A Perplexing Period In Westminster, We MPs Only Have One Option

Simon Hart / Huffington Post   |   Wed, 16 Jan 2019 17:34:03

EUR/GBP: Despite Brexit risks, bears remain in charge; But watch the corrective daily doji

EUR/GBP is falling with four consecutive bearish closes and is in the realms of an additional bearish close today, but all now depends, or perhaps not, on PM May's no-confidence vote outcome. EUR/GBP is currently trading at 0.8854, down from a high of 0.8890, slightly up from a low of ...
FX Street   |   Wed, 16 Jan 2019 17:28:37

EU officials considering to delay Brexit until 2020 - The Times

According to a recently published article in The Times, Germany and France have voiced their willingness to extend the withdrawal negotiations with the UK amid the political turmoil and now European Union officials are considering the option to delay Brexit until 2020. "Diplomats and officials are preparing a longer than ...
FX Street   |   Wed, 16 Jan 2019 17:26:20

Tesco braces for Brexit by renting frozen food containers

UK's biggest supermarket group adds to storage space to ease potential disruption
FT   |   Wed, 16 Jan 2019 17:26:08

Brexit crisis/gilts: sound despite fury

The odds are surely narrowing that the UK remains in the EU
FT   |   Wed, 16 Jan 2019 17:15:32

Gold gains ground as Brexit turmoil continues with no-confidence vote

Gold is higher in the Wednesday session. In North American trade, the spot price for one ounce of gold is $1294.84, up 0.43% on the day. In economic news, there are no major U.S. indicators. On Thursday, the BoE releases the credit conditions survey and the U.S. posts unemployment claims. ...
Kenny Fisher / OANDA   |   Wed, 16 Jan 2019 17:14:45

Theresa May government faces no-confidence vote after Brexit defeat

British Prime Minister Theresa May defied calls to resign as she faced a no-confidence vote on Wednesday, a day after Parliament rejected her Brexit deal by a historic margin and unleashed a power struggle over control of Britain's planned withdrawal from the European Union.
SMH   |   Wed, 16 Jan 2019 17:13:26

Jeremy Corbyn says Theresa May leads 'zombie government' after PM loses Brexit vote

Times of India   |   Wed, 16 Jan 2019 17:12:06

Factbox: UK PM May's Brexit next steps: Nothing has changed, or new approach?

Prime Minister Theresa May has outlined a collaborative approach to finding a new Brexit deal after her agreement was crushed by parliament on Tuesday in the biggest defeat for a British government in modern times.
Reuters   |   Wed, 16 Jan 2019 16:56:29

Customs Union Concession Could Break Brexit Deadlock, Justice Secretary Hints

Paul Waugh / Huffington Post   |   Wed, 16 Jan 2019 16:56:28

Lex letter from London: Odey's Brexit bets

Panto season may be in full swing at parliament but one fund manager is taking a stance
FT   |   Wed, 16 Jan 2019 16:53:35

Factbox - May's Brexit next steps: Nothing has changed, or new approach?

Prime Minister Theresa May has outlined a collaborative approach to finding a new Brexit deal after her agreement was crushed by parliament on Tuesday in the biggest defeat for a British government in modern times.
Reuters   |   Wed, 16 Jan 2019 16:52:54

Mad Hedge Hot Tips for January 16, 2019

Mad Hedge Hot Tips January 16, 2019 Fiat Lux The Five Most Important Things That Happened Today (and what to do about them) 1) Brexit Goes Down in Flames, with a crushing 432 to 202 loss, the worst in 100 years. The opposition has tabled a vote of no confidence, ...
Mad Hedge Fund Trader / Mad Hedge Fund Trader   |   Wed, 16 Jan 2019 16:46:14

SNB's Jordan: Franc is still a safe haven, when uncertainty rises investors seek the franc

Swiss National Bank (SNB) Chairman Thomas Jordan has recently crossed the wires arguing that Brexit was a risk for Europe and the final outcome could have an effect on the CHF's exchange rate. Key quotes (via Reuters) Interest rates and currency interventions are powerful instruments, are having an effect. Central ...
FX Street   |   Wed, 16 Jan 2019 16:44:26

Airbus may accelerate preparations for no-deal Brexit

FT   |   Wed, 16 Jan 2019 16:41:53

Brexit deal vote: UK parliament's feuding factions

London (AFP) - The British parliament is split into cross-party factions over the EU divorce deal.
sellputs / Hedge Accordingly   |   Wed, 16 Jan 2019 16:37:54

EU Parliament urges UK to come up with Brexit solution

Lawmakers see the ball squarely in the British camp
euronews   |   Wed, 16 Jan 2019 16:34:29

Bets on pound volatility point to Brexit delay

Cost of protecting against near-term swings in sterling have fallen since May defeat
FT   |   Wed, 16 Jan 2019 16:29:38

Every Real Brexit Option Is Dead - Time To Revoke Article 50

Daniel Zeichner / Huffington Post   |   Wed, 16 Jan 2019 16:22:46

Merkel: Still Time For More Negotiations

German Chancellor Angela Merkel says there's still time for negotiations between the European Union and Britain over its departure - Press Association (@PA) January 16, 2019 German Chancellor Angela Merkel has said there is still time for more Brexit negotiations to take place before the UK leaves the organisation. Contrary ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 16 Jan 2019 16:18:08

Brexit: UK parliament disappoints some voters in Derby

Back in 2016, 57 percent of people here voted to leave, opinion now about the country's future is still divided.
Al Jazeera   |   Wed, 16 Jan 2019 16:17:02

Brexit: how article 50 could be extended to delay UK's departure from the EU

In the aftermath of the crushing defeat of the government's Brexit plan in the House of Commons, the question on everyone's lips is "what next?" Opinion is divided: some say the UK is now heading for "no deal", others for "no Brexit". If nothing is agreed, current UK law means ...
Phil Syrpis, Professor of EU Law, University of Bristol / The Conversation   |   Wed, 16 Jan 2019 16:15:25

Brexit: 'Private understanding' in Irish government that hard border now likely

Tapes show Irish government chiefs expect to impose border in no-deal
Jon Stone / The Independent   |   Wed, 16 Jan 2019 16:15:00

GBP/USD: It's "keep calm and carry on" ahead of PM May's no confidence vote

GBP/USD is sideways following a tremendous, albeit, suspect, comeback rally following Prime Minister May's impressive defeating Brexit deal vote which triggered the opposition party to table a no-confidence vote. Markets are now waiting for the outcome of the UK Parliament's no-confidence vote that is due at 1900GMT. GBP/USD is currently ...
FX Street   |   Wed, 16 Jan 2019 16:08:05

Department for International Trade Under Threat of Closure

The BBC's Norman Smith is reporting that Liam Fox's Department for International Trade "has been told to drop everything else and just focus on No deal planning as the most likely outcome." Lots of Brexiteers are cheering this news... Guido thinks they are cheering too soon. Presumably the calculation now ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 16 Jan 2019 16:04:45

We're Facing A Brexit Election In Which Both Parties Will Be Desperate To Talk About Anything Else

Stuart Thomson / Huffington Post   |   Wed, 16 Jan 2019 16:01:29

EU indicates it could accept Article 50 extension

Attitudes are shifting after May's Brexit deal defeat but the bloc is holding firm on backstop
FT   |   Wed, 16 Jan 2019 15:59:07

'Enough is Enough.' How European Media Responded to the Brexit Deal Defeat

On Tuesday night, U.K. lawmakers resoundingly rejected the Brexit agreement Prime Minister Theresa May has spent almost two years negotiating with the European Union. It was the biggest parliamentary defeat for a government proposal in the U.K.'s modern history, with 432 lawmakers voting against the deal, and only 202 in ...
Ciara Nugent / Time   |   Wed, 16 Jan 2019 15:57:09

Factbox: What might a no-deal Brexit look like?

Britain is due to leave the European Union in 10 weeks' time but it still has no clear way out of the bloc, raising the prospect of no transition period to smooth the shock for the world's fifth-biggest economy.
Reuters   |   Wed, 16 Jan 2019 15:42:27

Factbox: How will the confidence vote in UK PM May's government work?

British lawmakers will on Wednesday vote on whether they have confidence in the government, after Prime Minister Theresa May's Brexit deal suffered a heavy defeat in parliament.
Reuters   |   Wed, 16 Jan 2019 15:41:02

Trade wars. Brexit. A US shutdown. Uncertainty is everywhere. Where will it lead?

Trade wars. Recession fears. Market mayhem. Oil turbulence. Brexit. And the longest government shutdown ever.
CNN   |   Wed, 16 Jan 2019 15:39:23

Stocks gain as China stimulus offsets Brexit fears

Pound holds $1.28 after MPs reject deal, FTSE falters while continental bourses tick up
FT   |   Wed, 16 Jan 2019 15:35:36

We regret and we need more clarity: European reactions to the 'meaningful vote'

After the Government's Brexit deal was defeated in the House of Commons on January 15, Open Europe's Anna Nadibaidze, Zoe Alipranti and Pieter Cleppe take a look at European reactions to the 'meaningful vote'. The post We regret and we need more clarity: European reactions to the 'meaningful vote' appeared ...
Anna Nadibaidze / Open Europe   |   Wed, 16 Jan 2019 15:26:05

Of Demagogues And Demographics - What Should Really Be Worrying Europeans

Authored by Bill Blain via Shard Capital, There is little point commenting on yesterday's Brexit shenanigans - except to note the degree of parliamentary indiscipline across the Conservative Party was even greater than even Rees-Mogg expected. I avoided the whole thing by spending yesterday at the Euromoney CEE conference in ...
Tyler Durden / Zero Hedge   |   Wed, 16 Jan 2019 15:26:00

Brexit: Uncertainty, bitterness, rancor

Theresa May may yet suffer further defeats thanks to the shredding power of Brexit
Lluís Bassets / EL PAÍS   |   Wed, 16 Jan 2019 15:24:57

EUR/USD Technical Analysis: Euro currently supported near the 1.1400 figure

EUR/USD Daily chart EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMAs). EUR/USD is finding some mild support at the 50 SMA. Investors must be cautious as Conservative Party lawmakers will vote for or against PM Theresa May amid growing discontent on the Brexit deal ...
FX Street   |   Wed, 16 Jan 2019 15:24:26

UK parliament should hold indicative votes on Brexit options - MPs

Britain's parliament should hold a series of indicative votes as soon as possible to see if there is a Brexit option which is supported by a majority, a committee of members of parliament said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 15:22:29

Theresa May's Brexit Deal Was Crushed. What Happens Next?

Britain is now on a default track to leave the E.U. without a deal on March 29, unless an alternative plan wins the backing of parliament
Billy Perrigo / Time   |   Wed, 16 Jan 2019 15:18:46

Director's Cut: The economics of no-deal Brexit

Bruegel director Guntram Wolff is joined by senior fellow Zsolt Darvas to rake through the possibilities and probabilities inherent in a no-deal Brexit scenario, covering trade, the Irish border, citizens' rights and the EU budget.
The Sound of Economics / Bruegel   |   Wed, 16 Jan 2019 15:13:27

Dover port 'prepared' for Brexit but still needs help

The Port of Dover says it is for Brexit but still needs the government's help to keep the UK's most important port running smoothly.
Sky   |   Wed, 16 Jan 2019 15:11:00

How Do MPs Best Represent What 'The People' Want On Brexit? Here Are Just Three Ways

Sam Power / Huffington Post   |   Wed, 16 Jan 2019 15:10:31

Brexit strategy: Companies warn UK lawmakers that status quo comes with a heavy cost

Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of chaos at ports and catastrophic job losses if Britain failed to secure a withdrawal deal with the European Union.
Reuters / CBC   |   Wed, 16 Jan 2019 15:10:29

Irish Foreign Minister: We Could Introduce Checks in the Sea

Irish Foreign Minister and Tánaiste Simon Coveney has been caught on tape saying to Irish Transport Minister Shane Ross that checks on goods will be introduced in the event of a no deal Brexit, and even suggested that those checks "could be in the sea." He said that he couldn't ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 16 Jan 2019 15:09:00

UK's Labour calls on May to try a Brexit compromise to get deal passed

Prime Minister Theresa May could eventually get a Brexit deal through parliament if she negotiated a compromise with the opposition Labour Party, the second most powerful man in the party told Reuters on Wednesday.
Times of India   |   Wed, 16 Jan 2019 15:06:18

Brexit: Where will the UK end up: fudge, no-deal exit or halting Brexit?

With just 10 weeks until the United Kingdom is due to leave the European Union, it is unclear how or even whether the divorce will take place.
Reuters   |   Wed, 16 Jan 2019 15:02:21

'We're about to be thrown under a Boris bus': businesses on a no-deal Brexit

We asked how your business might be affected if the UK left the EU without a deal. Here's what some of you said We are a charity based in Cambridge offering free flights to children who are ill and need treatment. In addition to our local work, we currently financially ...
Guardian readers and Rachel Obordo / Guardian   |   Wed, 16 Jan 2019 14:57:38

Brexit elsewhere

Back to opinion: I'm such an extremist that I insist the very existence of the European Union is a bad idea and that our leaving might be the first tumbling brick which brings the whole edifice down. Yet it is ... read more
Tim Worstall / Tim Worstall   |   Wed, 16 Jan 2019 14:52:08

Lavrov Holds Annual Press Conference, Ridicules Idea That Trump is Russian Spy

Russia's top diplomat derided suggestions that Trump was a Russian spy or that Moscow was happy over Britain's Brexit troubles.
Moscow Times   |   Wed, 16 Jan 2019 14:35:35

The Daily 202: From Brexit to NATO and the shutdown, Putin is winning so much he might get tired of winning

Russia is getting an incredible return on its investment in 2016 disinformation campaigns.
James Hohmann / Washington Post   |   Wed, 16 Jan 2019 14:33:43

Long way to go to bring Britain back together after Brexit vote - May

There is a long way to go to bring Britain back together after the divisive 2016 Brexit referendum, Prime Minister Theresa May said on Wednesday, calling on lawmakers to back her government in a confidence vote so she could finish the job.
Reuters   |   Wed, 16 Jan 2019 14:33:40

Backstop 'means to an end' of avoiding hard border - Irish PM

Ireland's prime minister pledged to defend the contentious Brexit but said it was important to remember that the insurance mechanism was a means to an end of avoiding the return of a hard customs border on the island of Ireland.
Reuters   |   Wed, 16 Jan 2019 14:32:49

Brexit Britain sends out a 'Mayday'

After the defeat of May's deal, our only real option is to put the matter back to the British public with a referendum.
Al Jazeera   |   Wed, 16 Jan 2019 14:26:33

By Accident Or Design, A Pre-Brexit General Election Remains The Most Plausible Outcome

Matt Bevington / Huffington Post   |   Wed, 16 Jan 2019 14:26:14

EUR/GBP Technical Analysis: 0.8840 target hit as Euro bulls attempt a counter-attack

EUR/GBP Daily chart EUR/GBP is trading in a sideways trend and testing the 200-day simple moving averages (SMAs). At 19.00 GMT, investors must be cautious as Conservative Party lawmakers will vote for or against PM Theresa May amid growing discontent on the Brexit deal. As forecast, the 0.8840 bear target ...
FX Street   |   Wed, 16 Jan 2019 14:19:50

City chiefs call for Brexit delay after PM's deal is rejected

Senior financiers criticise parliamentary logjam and urge UK to 'stop the clock'
FT   |   Wed, 16 Jan 2019 14:19:37

Why Brexit is a living hell for Jeremy Corbyn... not just Theresa May

Asa Bennett / Telegraph   |   Wed, 16 Jan 2019 14:19:17

May says holding an election is the worst thing Britain could do now

A national election is the worst thing Britain could do now and would mean delaying Brexit, Prime Minister Theresa May said on Wednesday before a no confidence vote in parliament.
Reuters   |   Wed, 16 Jan 2019 14:02:01

GBP/USD Technical Analysis: Cable hugs 1.2850 as Brexit uncertainties unfold

GBP/USD Daily chart GBP/USD is trading in a bear trend below the 100 and 200 simple moving averages (SMAs). At 19.00 GMT, traders must be cautious as Conservative Party lawmakers will vote for or against PM Theresa May amid growing discontent on the Brexit deal. GBP/USD 4-four chart GBP/USD is ...
FX Street   |   Wed, 16 Jan 2019 13:59:03

UK: PM May likely to survive - TDS

Analysts at TD Securities suggest that they are downplaying today's no confidence vote in the UK on PM May's leadership as she is likely to survive. Key Quotes "Political overtures by the PM to rival parties in the aftermath of defeat suggest that a soft Brexit may be in the ...
FX Street   |   Wed, 16 Jan 2019 13:57:51

EU open to closer ties with Britain but no renegotiation of withdrawal deal

The EU would consider a potential British request for closer post-Brexit ties than London has sought so far, but will not renegotiate the withdrawal agreement rejected by parliament, its Brexit negotiator said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 13:44:48

May's mission impossible on Brexit

Theresa May's Brexit plan has been voted down in the largest ever defeat for a UK go...
FT   |   Wed, 16 Jan 2019 13:43:51

British expats buy cheaper pints as Brexit chaos threatens Spanish idyll

In the bowling clubs, bars and real estate agencies of Spain's southern coast, a long-established expatriate population is turning frugal as Britons fret about their future.
Reuters   |   Wed, 16 Jan 2019 13:40:44

David Cameron Says He Does Not Regret Calling Brexit Referendum

Ned Simons / Huffington Post   |   Wed, 16 Jan 2019 13:40:08

Brexit defeat for Theresa May should mark turning point in British crisis

The historic vote by British lawmakers on Theresa May's Brexit deal was widely expected to result in defeat for the prime minister. But the overwhelming loss, by 230 votes, leaves her vision for the country's departure from the European Union in tatters. After two years of divisive debate, Britain is ...
SCMP Editorial / South China Morning Post   |   Wed, 16 Jan 2019 13:37:43

Pound Traders Indulge in Some Wishful Brexit Thinking

The desire to put a positive spin on Britain's parliamentary gridlock doesn't just infect politicians. The markets can be seduced by it as well.
Washington Post   |   Wed, 16 Jan 2019 13:35:21

UK PM May spokesman: Prepared to talk to anyone to deliver Brexit

"We are focusing on delivering Brexit and are prepared to talk to anyone on that basis," British Prime Minister Theresa May's spokesman recently said. The spokesman further reiterated that the government's policy was to stay outside of a customs union in order to make new trade deals. Source: Reuters.
FX Street   |   Wed, 16 Jan 2019 13:30:37

Brexit vote: 'Are we witnessing Britain's biggest political crisis of modern times? Absolutely yes.'

The FT's Robert Shrimsley looks at the fallout from Theresa May's 'meaningful vote'
FT   |   Wed, 16 Jan 2019 13:29:15

Theresa May Faces No-Confidence Vote After Brexit Deal Goes Down In Flames

LONDON (AP) - British Prime Minister Theresa May faced a no-confidence vote Wednesday, a day after Parliament rejected her Brexit...
Cristina Cabrera / TPM   |   Wed, 16 Jan 2019 13:23:45

Pro-EU Conservative lawmaker puts forward legislation for second Brexit referendum

A member of Prime Minister Theresa May's Conservative Party on Wednesday submitted legislation making provisions for a second referendum on Britain's departure from the European Union.
Reuters   |   Wed, 16 Jan 2019 13:14:17

What next for Brexit after rejection of May's deal?

Prime minister is under pressure to back a permanent customs union with the EU
FT   |   Wed, 16 Jan 2019 13:05:01

How Europe Reacted To Theresa May's Brexit Deal Vote Defeat

Isabel Togoh / Huffington Post   |   Wed, 16 Jan 2019 13:03:29

Brexit vote: Donald Tusk hints UK should stay in EU

The European Council president sends a cryptic tweet after Theresa May's Brexit deal is rejected.
BBC   |   Wed, 16 Jan 2019 13:02:12

Alternative ways to break Brexit deadlock

Cancel Brexit, hand the decision to backbenchers or members of the public - or get the Queen involved?
BBC   |   Wed, 16 Jan 2019 13:01:41

The Brexit Saga Is Far From Over - Here's What Analysts Are Expecting Now

The uncertainty continues. The U.K. government faces a vote of no-confidence, while the shape of Brexit is still unknown after parliament rejected Prime Minister Theresa May's deal (in the biggest defeat for any government in modern history). So what now? Judging by the pound's reaction, the outcome was treated as ...
Tyler Durden / Zero Hedge   |   Wed, 16 Jan 2019 13:00:02

Ditching May won't solve Brexit mess

Britian needs a decision on substance.
SMH   |   Wed, 16 Jan 2019 13:00:00

David Cameron: 'I don't regret' calling Brexit referendum

Former PM says he supports Theresa May and hopes MPs 'come together' to find an agreement with the EU.
Eline Schaart / Politico   |   Wed, 16 Jan 2019 12:57:51

May: If we fail to deliver Brexit, public confidence will be at 'all time low'

CNN   |   Wed, 16 Jan 2019 12:57:46

Brexit: EU countries ready to make concession on Irish border - Handelsblatt

The European Union may make further concessions to Britain regarding the border between Northern Ireland and EU member Ireland, German business daily Handelsblatt reported on Wednesday, citing diplomatic sources in Brussels.
Reuters   |   Wed, 16 Jan 2019 12:57:05

DAX - Bank shares jump after Brexit vote

The DAX index posted gains in Wednesday's Asian session, only to lose these gains in European trade. Currently, the index is at 10,892, up 0.01% since the Tuesday close. On the release front, German Final CPI came in at 0.1% for a second successive month. On Thursday, the eurozone releases ...
Kenny Fisher / OANDA   |   Wed, 16 Jan 2019 12:56:25

GBP/USD consolidates in a range, just above mid-1.2800s

• UK political/Brexit uncertainties keep a lid on any meaningful up-move. • A goodish pickup in the USD demand further collaborates towards capping. The GBP/USD pair extended its sideways price action and is currently placed at the top end of its daily trading range, comfortably above mid-1.2800s. The pair was ...
FX Street   |   Wed, 16 Jan 2019 12:53:54

The Finance 202: May's Brexit plan just collapsed. Here's what's next.

A vote of no confidence, for one.
Tory Newmyer / Washington Post   |   Wed, 16 Jan 2019 12:49:31

Germany - Will only consider Brexit extension when clear how Britain will proceed

The German government will only tackle the issue of whether to extend the Brexit deadline beyond a scheduled date of March 29 once it knows how Britain intends to proceed, a spokeswoman for Chancellor Angela Merkel said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 12:45:50

WTO rules: What happens if there's a no-deal Brexit?

Could the UK maintain an open border with Ireland if there is no deal, asks BBC News NI's John Campbell.
BBC   |   Wed, 16 Jan 2019 12:43:15

World stocks hold nerve after May's Brexit defeat, pound steady

World equity markets on Wednesday held their nerve after the heavy parliamentary defeat of British Prime Minister Theresa May's Brexit deal as investors saw potential for legislative deadlock forcing London to delay its departure from the EU.
Reuters   |   Wed, 16 Jan 2019 12:40:41

Asian stock markets brush off UK government's Brexit defeat

The British government's Brexit plans are in tatters, but stock markets don't seem to care all that much.
CNN   |   Wed, 16 Jan 2019 12:33:36

Final Say: What you can do to help now Theresa May's Brexit deal has been rejected

Now that Theresa May's Brexit deal has been voted down, a Final Say referendum is more likely than ever before
Independent Staff / The Independent   |   Wed, 16 Jan 2019 12:32:00

First thing May needs to do is extend Brexit deadline - Sturgeon

If British Prime Minister Theresa May wants a cross-party compromise on Brexit the first thing she needs to do is to extend the March 29 time limit, Scottish First Minister Nicola Sturgeon said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 12:19:21

May says she wants to listen to lawmakers to find Brexit solution

British Prime Minister Theresa May said she wanted to find out what sort of Brexit deal could win the support of lawmakers, speaking in parliament a day after her proposed agreement was rejected by a large margin.
Reuters   |   Wed, 16 Jan 2019 12:18:44

German minister: Brexit delay possible, but we need a clear reason

The date of Britain's exit from the European Union can be postponed, but London would first have to make clear what it would need that time for and what the benefit would be, German Justice Minister Katarina Barley said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 12:17:11

Brexit vote: European 'surprise' at scale of defeat

European media react with surprise to the scale of Theresa May's Commons defeat.
BBC   |   Wed, 16 Jan 2019 12:16:43

Cast-iron protection for cross-border members post-Brexit 'impossible', government admits

The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
James Phillips / Professional Pensions   |   Wed, 16 Jan 2019 12:05:09

Brexit: Everything you need to know about the vote of no confidence in the government

Given Theresa May has just suffered the biggest Commons thumping in history - a majority of 232 against her Brexit deal - it might appear obvious that MPs lack confidence in her.
Rob Merrick / The Independent   |   Wed, 16 Jan 2019 12:05:00

Giving The People A Final Say Is The Only Democratic Way Out Of This Appalling Brexit Mess

Tim Farron / Huffington Post   |   Wed, 16 Jan 2019 12:04:20

Mayday! Mayday! Mayday! Theresa May faces no confidence vote after Brexit shellacking

Politics Insider for January 16: Svend Robinson seeks end to political purgatory, the war of the travel advisories, and Theresa May's government faces a vote of no confidence after historic defeat of Brexit deal The post Mayday! Mayday! Mayday! Theresa May faces no confidence vote after Brexit shellacking appeared first ...
Maclean's / Macleans   |   Wed, 16 Jan 2019 12:00:58

The problem with Brexit is that there's no obvious next step

There's no obvious deal that the EU and UK can both agree to.
Henry Farrell / Washington Post   |   Wed, 16 Jan 2019 12:00:21

Theresa May has one last throw of the Brexit dice

She should set aside her vanity and behave as a prime minister not a party leader
FT   |   Wed, 16 Jan 2019 11:59:14

UK: On course for a hard Brexit? - Rabobank

According to Jane Foley, senior FX strategist at Rabobank, the strength of last night's vote in the UK's House of Commons against PM May's Withdrawal bill makes it very clear that there is no deal in place between the UK and the EU. Key Quotes "Technically this means that the ...
FX Street   |   Wed, 16 Jan 2019 11:57:56

Global Stocks Rise, Pound Mixed Ahead Of May Confidence Vote After Record Liquidity Injection By China

Stocks in Europe gained along with U.S. futures while Asian stocks were muted as investors saw potential for legislative deadlock to force London to delay its departure from the EU following the heavy parliamentary defeat for British Prime Minister Theresa May's Brexit deal. The pound fluctuated and gilts fell before ...
Tyler Durden / Zero Hedge   |   Wed, 16 Jan 2019 11:55:44

Good day for Putin as turmoil grips US and UK

The news just keeps on getting better for Vladimir Putin.
CNN   |   Wed, 16 Jan 2019 11:53:06

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, NFLX, UAL, SNAP)

Here is what you need to know. Theresa May faces a vote of no confidence. UK Prime Minister Theresa May is fighting for her political life Wednesday as she faces a vote of no confidence following Tuesday's historic Brexit defeat. The White House acknowledges the government shutdown is causing problems ...
Jonathan Garber / Business Insider   |   Wed, 16 Jan 2019 11:53:00

Chancellor hints at Article 50 delay

Philip Hammond reassures business Brexit could be delayed to avoid "no-deal" scenario.
BBC   |   Wed, 16 Jan 2019 11:50:05

Pound traders brace for more volatility after May loss

Sterling settles in early trading but political uncertainty over Brexit dominates
FT   |   Wed, 16 Jan 2019 11:48:54

Brexit bedlam: May's EU divorce deal crushed by 230 votes in parliament

British lawmakers defeated Prime Minister Theresa May's Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly exit from the EU or even to a reversal of the 2016 decision to leave.
Reuters   |   Wed, 16 Jan 2019 11:48:26

Mark Carney warns of Brexit market volatility risks

Bank of England governor explains latest sterling moves after deal rout
FT   |   Wed, 16 Jan 2019 11:48:09

Search on for Brexit consensus after May's crushing defeat

Prime Minister Theresa May on Wednesday will try to forge consensus in parliament on a Brexit divorce agreement after the crushing defeat of her own deal left Britain's exit from the European Union in disarray 10 weeks before it is due to leave.
Reuters   |   Wed, 16 Jan 2019 11:47:22

Brexit: Twitter users mock Theresa May's 'epic fail'

British prime minister's Brexit humiliation felt not only in parliament, but on social media too.
Al Jazeera   |   Wed, 16 Jan 2019 11:47:00

EU indicates will to reshape declaration on future ties with Britain

The European Union could be willing to rework its ideas for post-Brexit trade relations with Britain if London asks for something different, the EU executive indicated on Wednesday after the British parliament rejected an existing deal.
Reuters   |   Wed, 16 Jan 2019 11:43:48

David Cameron: I don't regret calling referendum

Former UK Prime Minister David Cameron says he backs Theresa May's efforts to secure a Brexit deal with the EU, but insists he does not regret calling the referendum.
BBC   |   Wed, 16 Jan 2019 11:39:51

EU could extend Brexit deadline if London provides good reason - EU

European Union leaders could decide to extend the March 29 deadline for Britain's exit from the EU if London provided a valid reason for such a request, the European Commission said on Wednesday
Reuters   |   Wed, 16 Jan 2019 11:39:27

The downtrodden pound could be a big winner from the UK's Brexit chaos, but investors are expecting a bumpy ride (GBP)

The pound looks set to rally in the chaotic aftermath of Prime Minister Theresa May's historic Brexit vote defeat. May's defeat makes the following more likely: a no-deal Brexit, a second referendum, or Britain never leaving the EU at all. That latter two would be a godsend for pound bulls. ...
Will Martin / Business Insider   |   Wed, 16 Jan 2019 11:34:38

How markets reacted to Theresa May's historic Brexit defeat

The FT's Katie Martin says sensible investors are waiting until the picture is clearer
FT   |   Wed, 16 Jan 2019 11:32:03

What the front pages say: May's Brexit deal 'dead as a dodo'

After a crushing defeat of her Brexit deal on Tuesday, Britain's Prime Minister, Theresa May, woke up this morning to scathing front pages both in the UK and across the Channel.
CNN   |   Wed, 16 Jan 2019 11:31:05

Austria's Kurz ready for more talks with UK to stop disorderly Brexit

Austria would support granting Britain more time for negotiations to avoid it crashing out of the European Union with no exit deal, Chancellor Sebastian Kurz said on Wednesday, though he stressed the current deal could not be renegotiated.
Reuters   |   Wed, 16 Jan 2019 11:30:52

EU will not budge on Brexit principles - French presidency official

It would be wrong for Britain to think the European Union will blink on Brexit and make concessions that undermine its core principles, such as the integrity of the single market, an official at the French presidency said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 11:30:05

Asia shares subdued, May's Brexit options eyed after crushing vote defeat

Asia shares subdued, May's Brexit options eyed after crushing vote defeat
euronews   |   Wed, 16 Jan 2019 11:29:00

Theresa May Could Be Ousted After Wednesday 'No Confidence' Vote: Here's What To Expect

By all accounts, a historic defeat like the one suffered by Prime Minister Theresa May Tuesday night when the Commons overwhelmingly rejected her Brexit withdrawal agreement by a margin of roughly 230 votes, would have prompted a British leader to resign in disgrace. But these are not normal times. Instead, ...
Tyler Durden / Zero Hedge   |   Wed, 16 Jan 2019 11:28:47

May seems unclear what happens next on Brexit - Scotland's Sturgeon

British Prime Minister Theresa May seems unclear as to what happens next on Britain's exit from the European Union after a major defeat on the issue in parliament on Tuesday, Scotland's First Minister Nicola Sturgeon said on Wednesday.
Reuters   |   Wed, 16 Jan 2019 11:27:22

Lavrov: We're Not Rubbing Our Hands With Glee Over Brexit

Russia would like the EU to be strong and united, Foreign Minister Sergei Lavrov said on Wednesday.
Moscow Times   |   Wed, 16 Jan 2019 11:13:41

Brexit: Does Brussels blink?

How has Brussels dealt with political complications in the past?
BBC   |   Wed, 16 Jan 2019 11:12:50

Brexit vote ups pressure on U.K., Canada to strike trade deal

Though U.K. can't negotiate a deal while still part of the EU, 'technical discussions' are ongoing between the two countries
Naomi Powell / Financial Post   |   Wed, 16 Jan 2019 11:10:23

Theresa May's Brexit Offer To MPs Branded 'Ludicrous' For Ignoring Jeremy Corbyn

Ned Simons / Huffington Post   |   Wed, 16 Jan 2019 11:08:21

Labour calls on May to try a Brexit compromise to get deal passed

Prime Minister Theresa May could eventually get a Brexit deal through parliament if she negotiated a compromise with the opposition Labour Party, the second most powerful man in the party told Reuters on Wednesday.
Reuters   |   Wed, 16 Jan 2019 11:07:28

Germany doesn't see EU giving Britain major concession on Brexit

German Foreign Minister Heiko Maas said on Wednesday that Britain must decide what it wants compromises on with regard to Brexit but said he did not think the European Union would make any major concessions.
Reuters   |   Wed, 16 Jan 2019 11:05:31

Brexit News Archive: 16 Jan 2019     |     enquire