Brexit News Archive: 05 Feb 2019

Tuesday Watch

Evening HeadlinesBloomberg: Australia Banks Surge as Misconduct Report Delivers `Soft' Blow. U.K. Consumer Spending Recovers Slightly as Brexit Dims Outlook. Guaido U.S. Envoy Vows to Open Oil Deals, Restructure Debt. Stocks Rise in Holiday-Hit Trading; Dollar Steady. Stocks gained in Japan and Australia Tuesday, with many markets in Asia closed ...
Gary / Between the Hedges   |   Tue, 5 Feb 2019 01:45:00

Government to pay law firm £800,000 in case Eurotunnel takes legal action over Brexit impact

Lawyers at Slaughter and May yo provide support to Department for Transport
Tom Pilgrim / The Independent   |   Tue, 5 Feb 2019 00:26:00

Construction booming in regional UK cities - Deloitte

Construction activity in four regional cities in Britain is at a record high, including a flurry of building projects in Manchester, despite uncertainty about Brexit, accounting firm Deloitte said on Tuesday.
Reuters   |   Tue, 5 Feb 2019 00:15:44

The left-wing case for a second referendum: Labour's obligations to members

The Labour Party's leadership has so far refused to take steps towards seeking a second referendum. Now is the time to break the latest Brexit deadlock by honouring the party's conference commitments and by sharing responsibility with members, argues Lea Ypi, and discusses what a second referendum ought to be ...
Artemis Photiadou / British Politics and Policy at LSE   |   Tue, 5 Feb 2019 00:00:27

Nissan's second thoughts on SUV add to Brexit woes

Taipei Times   |   Tue, 5 Feb 2019 00:00:00

Will post-Brexit chaos drive the Queen out of London?

Heard the one about the Queen being whisked out of London for fear of post-Brexit riots? It might not be true - but it's not the only Brexit horror story.
Nick Miller / SMH   |   Mon, 4 Feb 2019 23:21:35

Northern Ireland's Trimble plans challenge to Brexit Irish backstop

Northern Ireland's David Trimble, a pro-British leader who won the Nobel peace prize in 1998, plans to take the British government to court over the Irish border backstop in the Brexit deal agreed by Prime Minister Theresa May.
Reuters   |   Mon, 4 Feb 2019 23:16:58

There is a 'real and growing risk' of no-deal Brexit, Nicola Sturgeon warns

Government 'should acknowledge that the UK simply is not remotely prepared to leave the EU in 53 days' time', first minister says
Katrine Bussey, Lucinda Cameron / The Independent   |   Mon, 4 Feb 2019 23:16:12

British Transport Secretary says Brexit will not be delayed

The process of Britain leaving the European Union will not be delayed via an extension of the Article 50 exit negotiation period, British Transport Secretary Chris Grayling told the Telegraph newspaper in an interview published late Monday.
Reuters   |   Mon, 4 Feb 2019 22:59:31

UK PM May to say Brexit deal will 'honour' commitments to N. Ireland - Bloomberg

Bloomberg is out with the key highlights from the UK PM Theresa May's speech that will be delivered later on Tuesday, as she heads to Northern Ireland. She is expected to speak about the UK commitments on the Northern Irish border. Key Points: "PM May is to meet with business ...
FX Street   |   Mon, 4 Feb 2019 22:44:46

Would-Be Labour Brexit Rebels Want Meaningful Vote On UK-EU Trade Deal

Rachel Wearmouth / Huffington Post   |   Mon, 4 Feb 2019 22:37:06

Nissan was offered secret state aid to cope with Brexit, minister concedes

Business secretary vowed to maintain manufacturers' capacity to trade with EU Long read: Will Nissan stay once Britain leaves? The business secretary has been forced to admit the existence of a previously secret package of state aid to Nissan that could have been worth up to £80m had the carmaker ...
Dan Sabbagh and Jasper Jolly / Guardian   |   Mon, 4 Feb 2019 20:42:38

Brexit: What is the backstop and why it needs to change?

Three days of talks bring Brexiteer and Conservative MPs together as PM May pledges to renegotiate agreement with EU.
Al Jazeera   |   Mon, 4 Feb 2019 20:20:13

May urges business leaders to ask EU to avoid no-deal Brexit - FT

Prime Minister Theresa May has urged business leaders to ask European Union policymakers to avoid a no-deal or a hard Brexit, the Financial Times reported on Monday.
Reuters   |   Mon, 4 Feb 2019 19:51:32

Nissan's U-turn is all about the EU - but not Brexit

Carmaker's decision on X-Trail SUV has more to do with fuel and manufacturing costs
FT   |   Mon, 4 Feb 2019 19:51:07

Sterling rises on report of 'no-deal' Brexit shipping fix

The British government later said most goods arriving from the EU will be allowed into Britain without full customs checks for at least three months if it leaves the bloc without an exit deal. Sterling had weakened earlier in the session as Prime Minister Theresa May met lawmakers to try ...
Reuters / Financial Express   |   Mon, 4 Feb 2019 19:45:12

Ministers condemned for hiding £61m aid package for Nissan to build new cars in UK after Brexit

Letter revealing the financial support is finally released - more than two years after No 10 insisted had been no 'special deal'
Rob Merrick / The Independent   |   Mon, 4 Feb 2019 19:32:00

Government vowed to shield Nissan from Brexit fallout

Letter promised Japanese carmaker it would not be 'adversely affected' by leaving EU
FT   |   Mon, 4 Feb 2019 19:31:34

UK to spend £800k on 'highly likely' Eurotunnel Brexit case

The government says it could be forced to pay damages if the firm successfully sues.
BBC   |   Mon, 4 Feb 2019 19:24:09

May taps business leaders to help push EU compromise on Brexit

PM reassures European executives that she will deliver agreement by deadline
FT   |   Mon, 4 Feb 2019 19:19:41

No-deal Brexit 'ruinous,' says UK business secretary

Warnings from carmakers should be 'listened to and acted on,' Greg Clark told MPs.
Charlie Cooper / Politico   |   Mon, 4 Feb 2019 19:16:03

Britain should not view March 28 as deadline to reach Brexit deal - business minister

Britain does not have until the day before its March 29 exit from the European Union to reach a Brexit deal as businesses have to make decisions now, business minister Greg Clark said on Monday.
Reuters   |   Mon, 4 Feb 2019 19:08:31

Nissan Bosses 'Want Labour To Work With Theresa May For Brexit Deal'

Arj Singh / Huffington Post   |   Mon, 4 Feb 2019 18:59:00

EU imports to be waved through under no-deal Brexit

HMRC moves to reduce feared congestion at ports
FT   |   Mon, 4 Feb 2019 18:57:14

Japan's EU deal 'threatens post-Brexit UK industry'

Alarm raised after Nissan decision to halt expansion of Sunderland car plant Experts have warned that a new EU-Japan trade deal could pose a post-Brexit threat to British industry in the wake of Nissan's decision to backtrack on expanding its Sunderland plant. The world's biggest free trade deal came into ...
Larry Elliott and Jasper Jolly / Guardian   |   Mon, 4 Feb 2019 18:54:28

Brexit will hit these countries the hardest

CNN   |   Mon, 4 Feb 2019 18:53:32

Brexit: Customs checks to be simplified in no-deal situation

Guidance is issued to importers to try to allay fears of congestion and delays at Channel ports.
BBC   |   Mon, 4 Feb 2019 18:13:37

Why did Nissan cancel X-Trail production in the UK?

Diesel market decline and group's business conditions as critical as Brexit uncertainty
FT   |   Mon, 4 Feb 2019 17:56:39

Pro-Brexit Tory MP refuses to back down over false Twitter claim about Second World War aid

Daniel Kawczynski says row has been whipped up by people who want to 'whitewash the sacrifice that Britain has made over generations for Europe'
Benjamin Kentish / The Independent   |   Mon, 4 Feb 2019 17:10:00

Brexiteer Peer Plans To Take Theresa May To Court Over Irish Backstop

Arj Singh / Huffington Post   |   Mon, 4 Feb 2019 17:06:12

Germany's Merkel drops hint of a 'creative' Brexit compromise

German Chancellor Angela Merkel on Monday offered a way to break the deadlock over the United Kingdom's exit from the European Union, calling for a compromise to allay concerns over the future of Irish border arrangements.
Reuters   |   Mon, 4 Feb 2019 16:42:12

Irish farmers 'receive promise of financial support' from EU in case of no-deal Brexit

Following concerns brought up by Irish farmers, the EU has offered to provide financial support in the case of a no-deal Brexit.
euronews   |   Mon, 4 Feb 2019 16:41:05

Brexit or diesel? Why Japan's Nissan has cancelled SUV production at Sunderland car plant

Peter Campbell on reasons for carmaker's cancellation of X-Trail at factory in northeast England
FT   |   Mon, 4 Feb 2019 16:31:39

Artist Tracey Emin: Nothing 'more hideous' than Brexit

Brit artist says Blair and Cameron 'will be remembered in history for doing the most terrible things.'
Paul Dallison / Politico   |   Mon, 4 Feb 2019 16:23:36

UK focused on new Brexit proposal to take to Brussels - PM May's spokeswoman

Prime Minister Theresa May's government is focused on coming up with Brexit proposals to take to European Union negotiators in Brussels to push forward with Britain's departure, May's spokeswoman said on Monday.
Reuters   |   Mon, 4 Feb 2019 16:19:56

Kawczynski's inept falsehoods are hilarious but it's not a joke - this kind of thing is corroding British politics

The MP has elevated truth avoidance to the level of performance art, and signalled what might currently be the deepest problem in British politics
Tom Peck / The Independent   |   Mon, 4 Feb 2019 15:46:00

Brexit: UK ports to wave through EU goods without checks after no-deal exit, HMRC says

Businesses will be allowed to make declarations later - and postpone paying any import duties - to calm fears of border chaos
Rob Merrick / The Independent   |   Mon, 4 Feb 2019 15:31:00

Brexit moderates must act like blue Corbynites

Rightwing hardliners are winning because numbers are tight and they are not compromising
FT   |   Mon, 4 Feb 2019 15:30:51

Nissan was 'offered up to £80m' for UK Brexit commitment

The business secretary offered Nissan up to £80m of "support" in a series of Brexit assurances before it committed to building new models in Sunderland.
Sky   |   Mon, 4 Feb 2019 14:39:00

Brexit: what are carmakers' contingency plans?

From stockpiling to Nissan's U-turn on making new model in the UK, here's what firms are doing UK-based ​carmakers have triggered a wave of Brexit contingency plans, with Nissan the latest manufacturer to warn that uncertainty around leaving the EU is "not helping" companies. The British car industry is a ...
Jasper Jolly and Paul Scruton / Guardian   |   Mon, 4 Feb 2019 14:30:32