Brexit News Archive: 22 Jan 2019

UK's Shadow Chancellor: Labour likely to support sensible Brexit delay plan

The UK's Shadow Chancellor John McDonnell was on the wires, via Reuters, as he spoke in an interview with the BBC on the Brexit delay. Key Headlines: "Sensible'. Probably a word largely associated with people in the UK prior to the Brexit sh*tshow. Be nice to bring it back. (Referring ...
FX Street   |   Tue, 22 Jan 2019 23:04:00

'The worst outcome we could think of': UBS chief sends Brexit warning

The volcanic effects of a no-deal Brexit would have unthinkable consequences for the global financial system and must be avoided at all costs, says UBS chief.
SMH   |   Tue, 22 Jan 2019 22:32:35

UK vacuum giant James Dyson is moving headquarters to Singapore, citing Chinese market and Asian production

James Dyson, the billionaire Brexit supporter who revolutionised vacuum cleaners with his bagless technology, is moving his head office to Singapore from Britain to be closer to his company's fastest-growing markets. Dyson's company said the move to Singapore, where the firm had already announced it would build its new electric ...
Reuters / South China Morning Post   |   Tue, 22 Jan 2019 22:13:06

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

What happens after historic defeat for May's deal as clock ticks on Britain's departure
FT   |   Tue, 22 Jan 2019 21:34:29

MPs In Denial On Brexit Must 'Look Reality In The Eye', Says UK's Former EU Ambassador Sir Ivan Rogers

Rachel Wearmouth / Huffington Post   |   Tue, 22 Jan 2019 21:08:47

How Four Doctors Have Made A Second Brexit Vote Possible By Ditching Party Tribalism

Arj Singh / Huffington Post   |   Tue, 22 Jan 2019 21:00:13

No-deal Brexit panic grips major UK firms

P&O cross-Channel ferries opt for Cypriot flag, Sony confirms move to Amsterdam and Pets at Home stockpiles cat food The scale of no-deal panic gripping major companies has been thrown into sharp focus by a series of damage-limitation announcements, as corporate Britain signalled it is running out of patience with ...
Rupert Neate / Guardian   |   Tue, 22 Jan 2019 20:32:13

The FTSE 100 dropped 1% to 6,901.39 on global growth concerns and strong sterling

UK shares were pressured on a strong performance in sterling following an upbeat set of employment numbers mingled and despite the optimism that parliament will prevent a no deal Brexit. The FTSE 100 dropped 1% to 6,901.39. Cable climbed 0.6% to 1.2966 in London. The dominating theme in markets is ...
FX Street   |   Tue, 22 Jan 2019 19:38:02

Brexiteer James Dyson to move HQ to Singapore

Businessman accused of 'staggering hypocrisy.'
Paul Dallison / Politico   |   Tue, 22 Jan 2019 19:23:05

British vacuum firm Dyson moving headquarters to Singapore

The company that bears the name of one of the biggest Brexit backers in corporate Britain is moving to Singapore just as the United Kingdom is getting set to do what he urged Britons to do.
CBC News / CBC   |   Tue, 22 Jan 2019 19:17:43

'No-deal' Brexit means hard Irish border, says EU

The EU believes a hard border on the island of Ireland is an "obvious" result of a "no-deal" Brexit  - as signs of a split with Dublin emerged over the issue.
Sky   |   Tue, 22 Jan 2019 19:16:00

Cabinet clashes over May stance on no-deal Brexit

PM says threat is part of negotiating position but amendment could force her to seek delay
FT   |   Tue, 22 Jan 2019 19:15:44

British billionaire James Dyson moves vacuum giant HQ to Singapore to be closer to growing markets

James Dyson, the billionaire Brexit supporter who revolutionised vacuum cleaners with his bagless technology, is moving his corporate office and tax registration to Singapore from ...
No Author / Japan Times   |   Tue, 22 Jan 2019 19:09:39

How is Brexit impacting the markets? (video)

Senior Market Analyst Craig Erlam gives an update on how Brexit is proggressing, live from the City of London. Craig gives his view on how things will progress and why he thinks there's still a long way to go yet. He then gives his analysis on the various markets exposed ...
Craig Erlam / OANDA   |   Tue, 22 Jan 2019 19:05:57

OECD Chief Says WTO Brexit Will Be Seamless & Low Cost

OECD chief Jose Angel Gurría is so chillaxed about a no-deal Brexit. Telling Sky's Ed Conway in Davos, "What's the worst scenario? A no deal, WTO rules...the whole world is running by WTO rules these days!" The post OECD Chief Says WTO Brexit Will Be Seamless & Low Cost appeared ...
order-order / Guy Fawkes' blog   |   Tue, 22 Jan 2019 19:02:54

Come on Mr Dyson, future-proof your company against what?

Moving production of electric cars to Asia makes sense but moving the HQ too? More answers are needed Sir James Dyson picks his moments. In October, with negotiations with the EU heating up, the company said it would build its whizzy new electric cars in Singapore. Now, with the Brexit ...
Nils Pratley / Guardian   |   Tue, 22 Jan 2019 18:58:30

In Davos address, Mike Pompeo hails 'disruption' in global politics as evidenced by Trump election, Brexit

U.S. Secretary of State Mike Pompeo on Tuesday praised a wave of in world politics, citing Donald Trump and Brexit but also pointing to ...
No Author / Japan Times   |   Tue, 22 Jan 2019 18:58:03

Brexit: Britons travelling to EU face 'delays and questioning' after no-deal withdrawal

Leaked document also warns of 'degradation of border security', with loss of access to crucial EU database of suspected criminals
Rob Merrick / The Independent   |   Tue, 22 Jan 2019 18:46:00

Theresa May Set To Force Ministers To Keep No-Deal Brexit On The Table

Paul Waugh / Huffington Post   |   Tue, 22 Jan 2019 18:37:45

If parliament cannot resolve Brexit, a new referendum is needed

MPs should extend Article 50 and test support for other exit options
FT   |   Tue, 22 Jan 2019 18:33:29

UK must hold EU elections if Brexit is delayed, says senior MEP

Danuta Hübner said the UK would face a legal challenge if Brexit is delayed and citizens can't vote.
Maïa de La Baume / Politico   |   Tue, 22 Jan 2019 18:26:45

Brexit: Cabinet ministers push for Theresa May to support time-limited backstop plan

They argue it would give her leverage to extract concessions from the EU in critical talks over the next few weeks
Joe Watts / The Independent   |   Tue, 22 Jan 2019 18:09:00

Brexit-Backing Tory MP Daniel Kawczynski Slammed After Asking For Poland To Veto Article 50 Extension

Chris York / Huffington Post   |   Tue, 22 Jan 2019 18:06:19

Theresa May and the true threat to social cohesion | Letters

Matthew Taylor and Susan Newton on the prime minister's warning about what she sees as the dangers of another referendum on Brexit Theresa May may well be right to worry about social cohesion, which is a nice way of saying that the extreme right wing who are behind Brexit are ...
Letters / Guardian   |   Tue, 22 Jan 2019 18:01:39

Sir James Dyson's Post-Brexit Vision Is Under Fire (Again) As Entrepreneur Quits UK

Chris York / Huffington Post   |   Tue, 22 Jan 2019 17:43:41

EUR/GBP slumps to multi-month lows near 0.8760 on broad GBP strength

Upbeat labour market data from UK helps GBP gather strength. Economic sentiment continues to deteriorate in the euro area. Brexit uncertainty could help the pair limit its losses. Following the decisive recovery it staged in the second half of the previous week, the EUR/GBP pair started the week under pressure ...
FX Street   |   Tue, 22 Jan 2019 17:43:10

Brexit identities: how Leave versus Remain replaced Conservative versus Labour affiliations of British voters

British politics was relatively stable in the post-war decades, and voters' strong party loyalties were influenced by their place in society. More recently, there has been a marked decline in the number of people identifying with a political party, and in the strength of that attachment. Now, our new research ...
Florian Schaffner, Doctoral Candidate in Politics, University of Oxford / The Conversation   |   Tue, 22 Jan 2019 17:29:01

No-deal Brexit 'means hard border' - European Commission

No deal makes hard border obvious, says EC spokesman, but Irish government calls that unacceptable.
BBC   |   Tue, 22 Jan 2019 17:27:55

Brexit Sucks the Air Out of Dyson's Asia Move

The inventor's decision to move his HQ to Singapore isn't all about Britain's decision to leave the EU.
Washington Post   |   Tue, 22 Jan 2019 17:14:50

GBP/JPY extends gains and approaches 142.00

Pound rises across the board even on lack of Brexit clarification. GBP/JPY holds bullish tone in the short-term. The GBP/JPY pair kept rising after the beginning of the US session and reached at 141.90 the highest level since last Friday. The pair moved closer to the critical 142.00 area. Earlier ...
FX Street   |   Tue, 22 Jan 2019 17:02:13

Higher security threat under 'no-deal' Brexit - Border Force

Border Force planning for a possible "no-deal" Brexit warns the government of "significant outbound queues" at the Eurostar and a "degradation of border security".
Sky   |   Tue, 22 Jan 2019 16:37:00

GBP/USD: Has a fading opportunity arisen or better just stay with the soft Brexit trade?

GBP/USD has been better bid since the meaningful vote on speculation that Brexit will all come good in the end, or not at all. The day's until the lawmaker's decision on a proposal to push back Article 50, led by Tory MP Boles and Labour's Cooper, are going to be ...
FX Street   |   Tue, 22 Jan 2019 16:34:28

Brexit: the last time MPs were given indicative votes to break a deadlock, they failed

Deadlocked. Pajor Pawel/Shutterstock One of the many ironies thrown up in the course of Brexit has been just how controversial attempts by parliament - the UK's supreme constitutional authority - to take back control have been. First, MPs insisted on holding a "meaningful vote" on the government's draft Brexit deal. ...
Martin Farr, Senior Lecturer in Modern and Contemporary British History, Newcastle University / The Conversation   |   Tue, 22 Jan 2019 16:31:52

Sir James Dyson: From barrows to billions

One of the most high-profile businessmen in favour of Brexit, Sir James Dyson's biggest idea started with cardboard and sticky tape.
BBC   |   Tue, 22 Jan 2019 16:31:21

Brexit fireworks put markets in a bind

Brexit has fired up UK politics but left markets trapped and investors unsure what t...
FT   |   Tue, 22 Jan 2019 16:30:00

EU parliament to start ratifying Brexit deal next week

The European Parliament expects to start next week its procedure to endorse the Brexit deal negotiated between the bloc and London, lawmakers said on Tuesday, despite the fact that Britain is still struggling to finalize the divorce agreement.
Reuters   |   Tue, 22 Jan 2019 16:24:31

Pro-Brexit Businessman Sir James Dyson Moving Company HQ To Singapore

Rachel Wearmouth / Huffington Post   |   Tue, 22 Jan 2019 16:17:25

Brexit: MPs put forward rival plans to May's deal

Theresa May is to meet the cabinet as Labour calls for a vote on options including another referendum.
BBC   |   Tue, 22 Jan 2019 16:16:33

The Brief: Calais contemplates No Deal Brexit

In this edition we look at how Calais is preparing for Brexit, deal or no deal. The copyright battle deadlock, a warning to Nicaragua and climate plans missed deadlines.
euronews   |   Tue, 22 Jan 2019 16:12:46

Brexit backer Dyson moves head office to Singapore

Brexit-backing businessman Sir James Dyson is to relocate the Dyson head office and tax base from the UK to Singapore.
Sky   |   Tue, 22 Jan 2019 16:10:00

Haggis out? Scots fear Brexit means going veggie

Scots with a taste for traditional meat pies or haggis face "enforced vegetarianism" after Brexit, a Scottish government minister warned on Tuesday, as it may starve abattoirs of a vital European workforce.
Reuters   |   Tue, 22 Jan 2019 16:06:09

Brexit Demands a New British Politics

Now that British Prime Minister Theresa May's negotiated Brexit agreement has been soundly rejected by the House of Commons, the United Kingdom finds itself at a crossroads. The country's future depends largely on whether its political leaders can put cooperation and the national interest before adversarial partisanship.
Guy Verhofstadt / Project Syndicate   |   Tue, 22 Jan 2019 16:03:29

Dyson to move company HQ to Singapore

CEO says plan is more about 'future-proofing' business than anything to do with Brexit Sir James Dyson, the British billionaire inventor and outspoken Brexiter, is moving the headquarters of his vacuum cleaner and hair dryer technology company to Singapore. The Dyson chief executive, Jim Rowan, said the move from Wiltshire ...
Rupert Neate Wealth correspondent / Guardian   |   Tue, 22 Jan 2019 16:00:16

Brexit & Beyond: May Offers Little New On Leaving EU

To subscribe to the newsletter, please sign up here MUST READS After Brexit Defeat, May Offers Little New on Leaving EU: After a humbling rebellion by her own party against her Brexit deal and several days of consulting lawmakers across the British Parliament, Prime Minister Theresa May laid out her ...
WSJ Staff / MoneyBeat   |   Tue, 22 Jan 2019 15:19:22

Political Publisher Dods Sees Share Price Plummet, Blames Brexit

Political publisher Dods, whose publications include The House Magazine and PoliticsHome saw their shares plummet 33% yesterday, knocking some £7 million off their valuation. In the last 12 months the shares have halved in value. New CEO Simon Presswell is blaming Brexit for an expected profits collapse because of the ...
order-order / Guy Fawkes' blog   |   Tue, 22 Jan 2019 15:06:40

Brexit setback for Theresa May as EU confirms it would enforce hard Irish border in event of no-deal

Spokesperson says new infrastructure would 'obviously' be needed
Jon Stone / The Independent   |   Tue, 22 Jan 2019 15:00:00

P&O to change flag of UK ships to Cyprus ahead of Brexit

British ferry and shipping freight operator P&O will shift the registration of its UK vessels to Cyprus ahead of Britain's departure from the European Union, in part to keep its tax arrangements in the bloc, the company said on Tuesday.
Reuters   |   Tue, 22 Jan 2019 14:59:44

Why MPs are on course to stop a no-deal Brexit

Initiative by senior backbenchers aims to stop UK crashing out of EU on March 29
FT   |   Tue, 22 Jan 2019 14:55:07

Brexit: A guide to MPs' Brexit amendments

How MPs hope to change the Brexit process when Theresa May brings the issue back to the Commons.
BBC   |   Tue, 22 Jan 2019 14:51:14

UK MPs to vote on proxy voting plan for new parents

The move comes following widespread criticism of parliamentary rules after an MP delayed a caesarean section to be present at a key Brexit vote.
Annabelle Dickson / Politico   |   Tue, 22 Jan 2019 14:29:31

EU says no-deal Brexit means 'hard border' in Ireland

EU spokesperson acknowledges UK exit outcome
FT   |   Tue, 22 Jan 2019 14:22:05

Taking no deal off the table would leave us at the EU's mercy | Peter Lilley

No business would enter into negotiations without being prepared to walk away - losing a no-deal Brexit option would weaken our position Jeremy Corbyn has always been a unilateralist. He wanted to scrap our nuclear deterrent against the Soviet Union at the height of the cold war. So it should ...
Peter Lilley / Guardian   |   Tue, 22 Jan 2019 14:07:08

Why May's Brexit deal could still pass

The prime minister faces a huge battle, but rebellious MPs might be changing their minds
FT   |   Tue, 22 Jan 2019 14:05:51

'I Know Better' Labour MP Now Lies to His Constituents

Fresh from telling his constituents that he knows better than them, Labour's Ipswich MP Sandy Martin has claimed in his 'weekly column' that the Prime Minister had met with Corbyn to discuss Brexit options. A meeting she offered but the Labour leader famously refused to accept... "On Wednesday evening the ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 22 Jan 2019 14:04:04

Opinion | The Malign Incompetence of the British Ruling Class - The New York Times

FUNNY! LOTS OF BIG WORDS TOO
maoxian / Maoxian   |   Tue, 22 Jan 2019 14:01:23

A car bomb has stirred fears that Brexit will blow up peace in Northern Ireland. That isn't likely.

Groups like the "New IRA" may try to exploit Brexit, but they are small, divided and ineffective.
Dieter Reinisch / Washington Post   |   Tue, 22 Jan 2019 14:00:45

GBP: Taking back control? - Rabobank

According to Jane Foley, senior FX strategist at Rabobank, GBP has taken some comfort from news that a Brexit delay bill would likely be approved by lawmakers. Key Quotes "May has been warned that is she were to attempt to block her ministers from supporting this bill, several could resign. ...
FX Street   |   Tue, 22 Jan 2019 13:53:01

Britain's P&O re-flagging its UK ships to Cyprus ahead of Brexit

British ferry and shipping freight operator P&O will re-flag its entire UK registered fleet to Cyprus ahead of Britain's departure from the European Union to keep tax arrangements in the bloc, the company said on Tuesday.
Reuters   |   Tue, 22 Jan 2019 13:40:39

Settled status for EU citizens - Q&A with law expert on what it does and doesn't guarantee

As a result of Brexit and the expected end to free movement of people that will accompany it, all EU citizens (other than Irish citizens) living in the UK will soon be required to register for a new type of "settled status". On January 21, the day her government began ...
Adrienne Yong, Lecturer at The City Law School, City, University of London / The Conversation   |   Tue, 22 Jan 2019 13:37:24

Brexit: Unite union boss Len McCluskey to have face-to-face meeting with Theresa May this week

Downing Street said the discussion is part of an on-going 'process of engagement' as Ms May attempts to secure a deal
Joe Watts / The Independent   |   Tue, 22 Jan 2019 13:33:00

EasyJet says Gatwick drone chaos cost it £15m

Airline says it is 'well-prepared' for Brexit and demand for flights remains solid EasyJet said the flight disruption caused by drone sightings at Gatwick before Christmas had cost it £15m, but insisted it had made a good start to the year and was for Brexit. About 82,000 easyJet customers were ...
Julia Kollewe and Gwyn Topham / Guardian   |   Tue, 22 Jan 2019 13:31:21

Pregnant MPs to be allowed to vote by proxy after Labour MP delayed birth of baby to reject Brexit deal

Pregnant MPs could be allowed to vote by proxy within days after an outcry when an expectant Labour MP delayed the birth of her child to take part in a critical Brexit vote.
Lizzy Buchan / The Independent   |   Tue, 22 Jan 2019 13:23:00

No Brexit deal means hard Irish border, EU says

Northern Ireland will automatically have a "hard border" with its southern neighbor if Britain leaves the European Union without a withdrawal agreement, the European Commission's chief spokesman said on Tuesday.
Reuters   |   Tue, 22 Jan 2019 12:56:02

No-deal Brexit will trigger 'hard border' in Ireland, Brussels says

European Commission says without UK deal peace process would be 'at risk'
FT   |   Tue, 22 Jan 2019 12:52:45

Raw Politics in full: Davos, FYROM and Brexit plan B

Check out this Monday's full episode of Raw Politics
euronews   |   Tue, 22 Jan 2019 12:52:35

Brexit survival kit helps Britons face the worst with freeze-dried fajita

With just nine weeks to go until Britain is due to leave the European Union, a company is selling worried Britons a survival kit to help them prepare for the worst.
Reuters   |   Tue, 22 Jan 2019 12:51:13

May to update businesses on Brexit later on Tuesday - spokesman

British Prime Minister Theresa May will hold a call with businesses later on Tuesday to update them on her Brexit plan and listen to their questions and concerns, her spokesman said.
Reuters   |   Tue, 22 Jan 2019 12:40:27

Brexit: Supporters of second referendum call for delay to Commons vote until it has 'greatest chance of success'

Warning that showdown as early as next Tuesday will backfire because MPs lack the numbers, while the Labour leadership resists
Rob Merrick / The Independent   |   Tue, 22 Jan 2019 12:40:00

UK PM May's Spokesman: We will do everything we can to prevent hard border in N. Ireland

The UK PM Theresa May's Spokesman was out on the wires in the last hour and said that PM will speak to business to provide an update on Brexit later today. Cabinet received a weekly update on no-deal Brexit planning and we will do everything we can to prevent hard ...
FX Street   |   Tue, 22 Jan 2019 12:39:30

While We Spend More Time Arguing Over Brexit, Child Poverty Soars

Tasnim Nazeer / Huffington Post   |   Tue, 22 Jan 2019 12:24:47

Frustrated EU spokesperson channels Spice Girls in Brexit plea to UK: 'Tell us what you want, what you really, really want'

Margaritis Schinas makes plea to Britain for clarity
Jon Stone / The Independent   |   Tue, 22 Jan 2019 12:21:00

Andrew Marr Backs Labour-Style "Customs Deal" for Brexit

The BBC's flagship political interviewer has been a little bit indiscreet with his personal views on Brexit. According the Estates Gazette, Andrew Marr stood in for Laura Kuenssberg as guest speaker at the British Council for Offices annual dinner last Tuesday, where he told the guests "why he fears no-deal ...
Hugh Bennett / Guy Fawkes' blog   |   Tue, 22 Jan 2019 12:15:54

The ruling class that drove Brexit

The media loves to blame far right movements and moments on the working class. Our Brexit research tells a very different story. Arron Banks and Nigel Farage. Photograph: Ben Birchall/PA After Trump's election, millions of words were typed about how 'blue collar' areas had turned out to vote Republican. Yet ...
Adam Ramsay / Open Democracy   |   Tue, 22 Jan 2019 12:12:46

Opposition leader Jeremy Corbyn pushes for Parliament vote on new Brexit referendum

British opposition Labour Party leader Jeremy Corbyn moved a step closer to paving the way for another referendum on European Union membership by trying to ...
No Author / Japan Times   |   Tue, 22 Jan 2019 12:07:05

Opposition leader pushes for parliament vote on new Brexit referendum

British opposition Labour Party leader Jeremy Corbyn moved a step closer to paving the way for another referendum on European Union membership by trying to use parliament to grab control of Brexit from Prime Minister Theresa May.
Reuters   |   Tue, 22 Jan 2019 11:46:37

Foreign Office advises British people living in EU to give up their UK driving licences to prepare for Brexit

Embassies suggest people exchange British licences for local version before deadline
Jon Stone / The Independent   |   Tue, 22 Jan 2019 11:37:00

Where is the European Union's Brexit policy?

The U.K. has set a new standard for political paralysis - but the EU has little to boast about.
Clive Crook / Japan Times   |   Tue, 22 Jan 2019 11:36:42

Despite Brexit, I'm still proud to be a Brit

Britain can take real pride that a messy, fraught, passionate struggle over a fundamental principle of democratic and civic life is taking place within it.
John Lloyd / Japan Times   |   Tue, 22 Jan 2019 11:35:46

Factbox - May's Brexit 'plan B': What happens next in parliament?

British Prime Minister Theresa May has sought to break the parliamentary deadlock over Brexit by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish border.
Reuters   |   Tue, 22 Jan 2019 11:26:54

Factbox: UK PM May's Brexit 'plan B' - What happens next in parliament?

British Prime Minister Theresa May has sought to break the parliamentary deadlock over Brexit by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish border.
Reuters   |   Tue, 22 Jan 2019 11:26:06