Brexit News Archive: 18 Jan 2019

May makes no change to demands in talks with EU leaders - report

British Prime Minister Theresa May made no change to her demands in talks with European Union leaders despite her Brexit plan being defeated by British lawmakers earlier this week, the Telegraph newspaper reported on Friday.
Reuters   |   Fri, 18 Jan 2019 22:41:35

Week ahead: Davos, Brexit, US earnings, ECB

FT   |   Fri, 18 Jan 2019 22:35:16

Brexit deadlock sparks talk of snap election

May could appeal directly to voters but idea holds peril as well as promise
FT   |   Fri, 18 Jan 2019 22:00:25

It will be hard to wipe Brexit blot from asset landscape

Messy political saga is hitting sterling, stocks and UK's economic reputation
FT   |   Fri, 18 Jan 2019 21:51:47

Theresa May leaves diplomats in 'disbelief' after presenting EU leaders with unchanged Brexit demands

Peter Foster / Telegraph   |   Fri, 18 Jan 2019 19:50:11

Brexit: Uncertainty did imply an opportunity cost and will continue to do so - BNP Paribas

William De Vijlder, Group Chief Economist of BNP Paribas, point out that the economic headwind which comes with this prolonged uncertainty, for the UK but also for the companies in the EU which trade with the UK, will not go away soon. Key Quotes: "Judging by the equity market reaction ...
FX Street   |   Fri, 18 Jan 2019 19:16:36

Why No Deal Brexit Will Never Pass The UK Parliament

Seeking Alpha   |   Fri, 18 Jan 2019 18:57:03

Did Boris talk Turkey during Brexit campaign?

The former Foreign Secretary says he didn't say anything about the country during the referendum.
BBC   |   Fri, 18 Jan 2019 18:49:47

Will undertake policy measures after weighing challenges: RBI Governor Shaktikanta Das on Brexit

Reserve Bank Governor Shaktikanta Das Friday said the central bank will undertake policy responses after carefully weighing the challenges and opportunities with regards to developments around Brexit. He said there are consequential policy challenges for India which enjoys strong trade and investment relations with the UK and the EU. India's ...
PTI / Financial Express   |   Fri, 18 Jan 2019 18:07:11

Brexit: Losing energy links to Europe after no-deal will cost UK more than £2bn every year

After string of nuclear power failures, leaving EU could compromise nation's ability to share clean electricity with European nations
Josh Gabbatiss / The Independent   |   Fri, 18 Jan 2019 18:05:11

The FT's biggest stories and best reads every Friday

Claire Manibog's top reads this week: Brexit mayhem, #deleteFacebook and cursing the open-plan office
FT   |   Fri, 18 Jan 2019 17:44:18

GBP bulls bet on a soft Brexit - Rabobank

"For GBP bulls the fact that May remains in office is also reassuring because it means that she has not given way to a Brexiteer such as Gove or Johnson," note Rabobank analysts. Key quotes "May is considered less likely to allow the country to edge towards a hard Brexit. ...
FX Street   |   Fri, 18 Jan 2019 17:40:42

Britain's Brexit Dithering: It's Time to Let the UK Go

With this week's vote in parliament, it's clear that the British aren't close to clarifying their future relationship with Europe, or even knowing what they want. It might be best if we let them figure that out on their own, outside the European Union.
Spiegel   |   Fri, 18 Jan 2019 17:23:24

Irreconcilable Differences: A Divided Britain Faces a No-Deal Brexit

Can Britain still regain control? After weeks of power struggles and an historic parliamentary defeat for the prime minister, it is unclear if the UK can still agree on a Brexit deal. Or whether a no-deal departure has become inevitable.
Spiegel   |   Fri, 18 Jan 2019 17:22:40

A new dawn rises in Brexit Britain

Dispatches from our correspondent in a dark and isolated island nation
FT   |   Fri, 18 Jan 2019 17:08:11

The UK needs to respect the Brexit vote and leave the EU: Today's talker

A second referendum on Brexit is what the political class wants, ignoring the will of the people.
USA TODAY / USA Today   |   Fri, 18 Jan 2019 17:04:35

Who Are The UK Yellow Vest Protesters?

Mike Stuchbery / Huffington Post   |   Fri, 18 Jan 2019 16:49:58

It's A Dirty Word In Politics, But Compromise Is The Key To Solving Brexit

Lucy Powell / Huffington Post   |   Fri, 18 Jan 2019 16:36:34

Young Peoples' Brexit Concerns Can No Longer Be Ignored

Larissa Kennedy / Huffington Post   |   Fri, 18 Jan 2019 16:12:16

Businesses Are Preparing for Brexit - and Bracing for the Worst

A year and a half after the original vote, the outcome is still uncertain.
Paul Maidment / HBR   |   Fri, 18 Jan 2019 16:10:05

Boris Johnson denies raising Turkey in Brexit campaign

The former Foreign Secretary called for a Brexit to 'bring this country together.'
Galaxy Henry / Politico   |   Fri, 18 Jan 2019 16:05:35

Theresa May to consider axing Human Rights Act after Brexit, minister reveals

'It is right that we wait until the process of leaving the EU concludes before considering the matter further'
Rob Merrick / The Independent   |   Fri, 18 Jan 2019 15:58:10

State of the Union: Brexit chaos and gifts for Putin

In this edition we look at how Europe reacted to the rejection of the Brexit deal, as well as how EU countries are preparing for a No Deal scenario. In the meantime, the Russian President gets gifted a church in Serbia.
euronews   |   Fri, 18 Jan 2019 15:46:56

Brexit: The Meaningful Vote

May's deal is defeated but she keeps her job after a vote of no confidence
FT   |   Fri, 18 Jan 2019 15:45:37

Have Conservative Eurosceptics blown Brexit?

The fervent opposition of Brexiter MPs has opened the way to a softer agreement or even a new referendum
FT   |   Fri, 18 Jan 2019 15:25:15

Glimmers of hope as MPs make efforts to avoid no-deal Brexit

Compromise was always a British virtue but time is running out to prove that is still the case
FT   |   Fri, 18 Jan 2019 15:22:00

Brexit: Angela Merkel's appeals to British public to think again and stay in EU

Angela Merkel's protégé Annegret Kramp-Karrenbauer, who now leads the Chancellor's CDU party, signed a joint letter calling on the UK to reconsider
Jon Stone / The Independent   |   Fri, 18 Jan 2019 15:21:00

Popcorn to hand, EU watches Brexit show but frets for own future

EU Brexit negotiators are "watching the BBC and eating popcorn", in the words of one of them, as Britain's domestic rows over leaving make for compelling TV but frustrate Europe's hopes for a clean break.
Reuters   |   Fri, 18 Jan 2019 15:20:09

Brexit & Beyond: EU Examines Tariffs on Industrial Goods

To subscribe to the newsletter, please sign up here MUST READS EU Examines Tariffs on Industrial Goods: The European Union unveiled its opening bid for trade talks with the U.S., outlining a narrow goal of slashing tariffs on industrial goods that sets the bloc on a collision course with President ...
WSJ Staff / MoneyBeat   |   Fri, 18 Jan 2019 15:05:25

Brexit Extension Faces Major Obstacle in EU Elections

Extending the official Brexit deadline for the U.K. could bring a wave of extra logistical and political problems for the European Union. The ongoing deadlock has sparked a debate on the potential extension of Article 50 - the legal means by which the U.K. leaves the EU. However, there is ...
Alfonso Esparza / OANDA   |   Fri, 18 Jan 2019 15:03:05

From Donald Trump's government shutdown to Brexit chaos, is a pattern emerging of women restoring order?

Two years after the election of Donald Trump as US president and the UK referendum on Brexit, we have the bizarre events of a US government shutdown over building a wall at the border with Mexico and the British prime minister's proposals for Brexit being overwhelmingly rejected. Walls and votes ...
Andrew Sheng / South China Morning Post   |   Fri, 18 Jan 2019 15:02:47

Brexit: Blame It on the Banking Crisis

The parts of the UK hit hard by post-crisis austerity had a strong tendency to vote for Brexit.
Yves Smith / Naked Capitalism   |   Fri, 18 Jan 2019 14:55:20

Brexit: how a third-party mediator could break the parliamentary impasse

With Theresa May's failure to pass the withdrawal agreement in the House of Commons, Brexit has entered a phase common to many intractable conflicts in world politics. There is now a three-way standoff across all of the UK's political parties over how to break the impasse. One group will accept ...
Neophytos Loizides, Professor in International Conflict Analysis, University of Kent / The Conversation   |   Fri, 18 Jan 2019 14:54:36

Nigel Farage To Back Another "Vote Leave" Campaign If UK Holds Second Brexit Referendum

Pro-European MPs from various political parties are pushing back against claims made by Prime Minister Theresa May's government that a second Brexit referendum - which supporters have branded as a "People's Vote" on May's deal - would take roughly 14 months to organize, according to RT. I have got hold ...
Tyler Durden / Zero Hedge   |   Fri, 18 Jan 2019 14:45:00

EU Said to Consider Extension of Many Months: Brexit Update

(Bloomberg) - The U.K. stands at its most dangerous crossroads in decades after Parliament emphatically rejected Theresa May's Brexit deal, and will vote later on whether to oust her government.
sellputs / Hedge Accordingly   |   Fri, 18 Jan 2019 14:37:52

OANDA Market Insights podcast (episode 48)

OANDA Senior Market Analyst Craig Erlam reviews the week's business and market news with Jazz FM Business Breakfast presenters Nick Howard and Jonny Hart. This week's big stories: PM's Brexit deal dead in the water, Government survives no-confidence vote, US/China trade optimism, UK Retailers 'worst Christmas in a decade'.
Craig Erlam / OANDA   |   Fri, 18 Jan 2019 14:28:46

Boris Johnson warns against Brexit delay

Former UK foreign secretary wants backstop changes
FT   |   Fri, 18 Jan 2019 14:23:36

British Pound Bouncing But Elliott Wave Points To New Lows

The British Pound has fell nicely away from the resistance level we charted here seven months ago. Now that we are starting to see a bounce in the wake of the failed Brexit vote, it's time to reassess the Elliott wave downward trend and look for the areas where the ...
T. Pizzuti & K. Hulse / See It Market   |   Fri, 18 Jan 2019 14:20:35

Blain: "Maintain A Health Skepticism Of Everything"

Via Shard Capital's Bill Blain, Wow... we passed the middle of the first month of the New Year, and the world hasn't blown up. Phew... that's a relief... For a moment I thought 2019 might get messy.... Messy is as Messy is: If you can call the current Brexit mess ...
Tyler Durden / Zero Hedge   |   Fri, 18 Jan 2019 13:56:25

Here's Everything You Need To Know About The State Of Brexit After *Another* Historic Week In Parliament

Jasmin Gray / Huffington Post   |   Fri, 18 Jan 2019 13:46:02

No Brexit For Russia

Rumors of a new Russian verb flew around the interwebs -- but are the rumors true?
Moscow Times   |   Fri, 18 Jan 2019 13:40:47

No-deal Brexit could put Mother's Day flowers at risk

Seamless import of flowers from Netherlands will suffer with chaos of no-deal scenario, say exporters Meet Brexit's latest potential victim: the Mother's Day bouquet. While the tumult in Westminster is keeping political pundits in clover, the decision by MPs to vote down Theresa May's deal this week has sent petals ...
Daniel Boffey in Brussels / Guardian   |   Fri, 18 Jan 2019 13:27:55

May's foes gather as Brexit stalemate drags on

Talks to end the U.K.'s Brexit stalemate appeared deadlocked Friday, with neither Prime Minister Theresa May nor the main opposition leader shifting from their entrenched ...
No Author / Japan Times   |   Fri, 18 Jan 2019 13:18:11

Boris Johnson Claims He 'Didn't Say Anything About Turkey' In The Brexit Referendum - But He Did

Ned Simons / Huffington Post   |   Fri, 18 Jan 2019 13:10:51

Eurosceptics threaten to hobble UK government

Tory Brexiter MPs warn of 'Armageddon' if PM strikes deal with Labour on trade plan
FT   |   Fri, 18 Jan 2019 13:06:47

China's top banker names US Fed policy and Brexit as biggest risks to global growth

The trade war was not mentioned by China's central bank governor on Friday when he gave his picks for the biggest risks to the global economy this year. Instead, Yi Gang, speaking at the second China-Germany High Level Financial Dialogue in Beijing, nominated the US Federal Reserve's policy trajectory and ...
Keegan Elmer / South China Morning Post   |   Fri, 18 Jan 2019 13:03:54

Fox: Customs Union "Would Not Be Delivering Brexit"

Trade Secretary Liam Fox has come out fighting against some senior Remainers in the Cabinet who are reportedly pushing for membership of the EU's Customs Union. He told the BBC that Customs Union membership would not be delivering Brexit. "We would have to apply European trade law without having a ...
Tom Harwood / Guy Fawkes' blog   |   Fri, 18 Jan 2019 13:00:53

Cheer up, Australia, we're not Britain or France or the US or ...

So many of us have lost faith in public institutions and in our squabbling politicians. We have reasons to complain, but it was ever thus, and we should count ourselves very lucky when we consider the Brexit debacle, the Trump presidency or the rise of race hatred in Europe.
Tom Switzer / SMH   |   Fri, 18 Jan 2019 13:00:00

Britain unites in exasperation at Brexit impasse

Visceral differences of opinion intensify in area that mirrored the nation in EU referendum
FT   |   Fri, 18 Jan 2019 12:58:35

Emmanuel Macron Is Fishing for a Brexit Advantage

Maritime issues have become the focus for Paris's no-deal preparations, as the concerns of the gilets jaunes take precedence over the wealthy.
Washington Post   |   Fri, 18 Jan 2019 12:55:21

Jeremy Corbyn: what's really happening when he says 'no' to Brexit talks?

Jeremy Corbyn will not talk to Theresa May unless she agrees to rule out a no-deal Brexit. The UK Labour leader will get a cheer whenever he says this publicly over the next few days, because it sounds like he is merely insisting that leaving without a withdrawal agreement should ...
Craig Berry, Reader in Political Economy, Manchester Metropolitan University / The Conversation   |   Fri, 18 Jan 2019 12:46:42

Brexit: When breaking up is hard to do

A country's entire paralysed ruling class are staring like rabbits at the oncoming headlights of a March 29 ''no deal'' separation, and its forecast economic roadkill.
Nick Miller / SMH   |   Fri, 18 Jan 2019 12:45:00

Boris: We Need to Escape the Backstop Trap

Boris was at the JCB factory in Staffordshire this morning to deliver a big set-piece speech on Brexit. His fundamental message was for British politicians to "stop fighting each other" and turn around to "face the real obstacle" - the trap of the backstop: "We need to escape the trap ...
Hugh Bennett / Guy Fawkes' blog   |   Fri, 18 Jan 2019 12:42:31

Theresa May loves to claim she is acting in the 'national interest' - but what does that actually mean?

At a time of national crisis, it is perhaps unsurprising to hear appeals to the national interest. Theresa May has called on it innumerable times when she has asked MPs to back her Brexit deal. Jeremy Corbyn uses the same concept to implore May to move aside and call a ...
Andy Price, Head of Politics, Sheffield Hallam University / The Conversation   |   Fri, 18 Jan 2019 12:41:33

Why do royals insist on driving?

There's one question gripping the UK today and for once, it's not about Brexit.
CNN   |   Fri, 18 Jan 2019 12:31:06

How a 'Customs Union' Could Define Post-Brexit Trade

Prime Minister Theresa May's Brexit deal is all but dead and the U.K. needs to come up with a new plan for how it wants to trade with the European Union after the divorce. A customs union could well be part of the solution. Such an arrangement would keep goods ...
Washington Post   |   Fri, 18 Jan 2019 12:20:50

Theresa May Rules Out Snap Election As She Summons Cabinet For 'Brexit Plan B' Talks

Arj Singh / Huffington Post   |   Fri, 18 Jan 2019 12:16:12

Salmond, Sturgeon and the end of the SNP's imperial era

Just when Scotland's voice is needed in the Brexit mess, the SNP's famous internal discipline seems to be disintegrating into factionalism. Image: Nicola Sturgeon and Alex Salmond of the SNP during the 2015 General Election campaign. Credit: Andrew Milligan/PA Images, all rights reserved The Tories continue their thirty-year civil war ...
Gerry Hassan / Open Democracy   |   Fri, 18 Jan 2019 12:15:11

Gold prices gleam amid Brexit and US shutdown uncertainty

Futures rose more than 7% in fourth quarter amid stock market struggles as analysts offer sparkling outlook The longest government shutdown in US history shows no sign of ending, Brexit is roiling Europe, trade wars are still in the offing and the stock market is acting like a spooked cat. ...
Debbie Carlson / Guardian   |   Fri, 18 Jan 2019 12:00:19

Boris Johnson claims he 'didn't say anything about Turkey during Brexit campaign', despite warning about Turkey during Brexit campaign

Boris Johnson has denied talking about Turkey during the Brexit referendum campaign, despite having written a public letter to the then prime minister warning about the issue.
The Independent   |   Fri, 18 Jan 2019 11:55:57

GBP: Extreme downside risks reduced - Westpac

Tim Riddell, senior market strategist at Westpac, suggests that in the UK, parliamentary opposition to a "no-deal" Brexit has reduced extreme downside risks for GBP Key Quotes "There are still a variety of potential permutations, but Parliamentary opposition to a "no-deal" Brexit has reduced that risk and also reduces extreme ...
FX Street   |   Fri, 18 Jan 2019 11:51:47

CDU leader spearheads German call for UK to give up on Brexit

Annegret Kramp-Karrenbauer joins business chiefs to voice growing concern about no-deal exit
FT   |   Fri, 18 Jan 2019 11:48:25

Brexit: Government has 'no plans' for more talks with opposition MPs despite Theresa May pledge to seek consensus, Number 10 admits

Theresa May's pledge to reach a cross-party consensus to solve the Brexit crisis appears to have fizzled out with no further talks planned.
Rob Merrick / The Independent   |   Fri, 18 Jan 2019 11:48:00

First Brexit - now Gove wants my stove

'I'm not inherently against biomass fuel but I'm not sure I want to make a feature of it in the living room'
FT   |   Fri, 18 Jan 2019 11:42:00

Germany - Can't respond to Brexit delay idea until UK says what it wants

The idea of Britain delaying its departure from the European Union beyond the scheduled date of March 29 cannot receive a response as long as the British government does not say what it wants, German President Frank-Walter Steinmeier said on Friday.
Reuters   |   Fri, 18 Jan 2019 11:38:53

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. Before meetings can begin, May has to first defeat an attempt to topple her government, ...
sellputs / Hedge Accordingly   |   Fri, 18 Jan 2019 11:34:16

UK PM May's Spokeswoman: PM to hold meeting with cabinet ministers for Brexit focused talks on Friday

The UK PM Theresa May's spokeswoman was out on the wires in the last hour, via Reuters, and ruled out the snap general election. Key quotes: • PM will be holding a meeting with cabinet ministers for Brexit focused talks on Friday. • PM spoke to German Chancellor Merkel and ...
FX Street   |   Fri, 18 Jan 2019 11:33:14

May to discuss Brexit next steps with ministers, EU leaders

British Prime Minister Theresa May will hold a series of meetings with some of her top ministers on Friday to discuss the way forward on Brexit after her deal with Brussels was rejected by parliament, her spokeswoman said.
Reuters   |   Fri, 18 Jan 2019 11:27:48

Liam Fox: Customs union 'would not deliver Brexit'

Liam Fox says the UK could not have an independent trade policy if in a customs arrangement with the EU.
BBC   |   Fri, 18 Jan 2019 11:25:39

Germany - It is up to UK to make next move on Brexit, EU27 is united

It is up to the British government to make the next move on Brexit and set out what it envisages, a German government spokesman said on Friday, adding that remaining members of the European Union would act as one.
Reuters   |   Fri, 18 Jan 2019 11:24:20

BBC Disproves its own Brexit Medicines Scare Story

The BBC have been pushing a story all morning about a "surge in shortage of common medicines", reporting that 80 medicines were on the "shortage of supply" list in December which the NHS can pay a premium for, "up from 45 in October". Naturally they are trying to link it ...
Hugh Bennett / Guy Fawkes' blog   |   Fri, 18 Jan 2019 11:08:34

Brexit News Archive: 18 Jan 2019     |     enquire