Brexit News Archive: 12 Feb 2019

Brexit doubts leave firms 'hung out to dry'

With less than 50 days until Brexit, critical questions remain, says the British Chambers of Commerce.
BBC   |   Tue, 12 Feb 2019 22:31:28

Brexiteer Fury As May's Top Civil Servant Says It's Her Deal Or 'Long' Delay To Leaving European Union

Rachel Wearmouth / Huffington Post   |   Tue, 12 Feb 2019 21:05:31

Brexit: PM could delay final vote on Brexit

Labour accuses Theresa May of running down the clock as she tells MPs she needs more time to get deal.
BBC   |   Tue, 12 Feb 2019 20:33:50

Is Theresa May intent on a no-deal Brexit?

MPs are increasingly concerned that PM is preparing for UK to crash out of EU
FT   |   Tue, 12 Feb 2019 20:32:23

UK's chief Brexit negotiator says: It's May's deal or extension - ITV

Britain's lead Brexit negotiator Olly Robbins has saidlawmakers face a choice between Prime Minister Theresa May's exit deal or a long extension of the March 29 deadline for leaving the EU, ITV news said, citing a private conversation.
Reuters   |   Tue, 12 Feb 2019 20:30:29

Brexit: extending Article 50 would serve no purpose - FT quotes PM May

British Prime Minster Theresa May told business leaders on Tuesday that extending the Article 50 process under which the UK is meant to leave the European Union on March 29 would serve no purpose, the Financial Times reported on Tuesday.
Reuters   |   Tue, 12 Feb 2019 20:27:43

Labour MP has new plan for parliament vote on no-deal Brexit

British MP Yvette Cooper, one of the leading campaigners against Britain leaving the EU without an agreement with the bloc, unveiled a new plan on Tuesday to ensure parliament has a chance to vote on ruling out a no-deal Brexit.
Reuters   |   Tue, 12 Feb 2019 19:59:25

Analysts downgrade Motherson Sumi estimates after third quarter results

With regard to global operations, the Motherson management had highlighted that factors such as Brexit and the worldwide harmonised light vehicle test procedure (WLTP) rules will continue to keep the auto industry under pressure.
FE Bureau / Financial Express   |   Tue, 12 Feb 2019 19:04:44

Sketch: Theresa May shows Brexit is nothing like Groundhog Day. It is a waste of time with no happy ending.

Can anyone be certain Theresa May's latest Brexit statement wasn't some sort of hostage video recorded months ago, perhaps by Jacob Rees-Mogg wearing a balaclava under his top hat?
Tom Peck / The Independent   |   Tue, 12 Feb 2019 18:48:27

Brexit Talk With Little Meaning Has Our Heads Spinning

Lisa Golden / Huffington Post   |   Tue, 12 Feb 2019 18:46:41

MPs Launch Fresh Plan To Halt A No-Deal Brexit 'By Accident'

Rachel Wearmouth / Huffington Post   |   Tue, 12 Feb 2019 18:42:14

Brexit: MPs launch bids to stop Theresa May running down the clock to no deal

Cross-party group of senior MPs and Labour leadership both put forward plans that could stop Britain crashing out of EU without an agreement
Benjamin Kentish / The Independent   |   Tue, 12 Feb 2019 18:32:00

Brexit secretary calls Commission chief 'Jean-Paul' Juncker

Stephen Barclay struggles with ex-Luxembourg prime minister's name.
Paul Dallison / Politico   |   Tue, 12 Feb 2019 18:23:02

The disastrous effect of neoliberalism on Britain | Letters

Readers respond to what Mike Carter discovered on his long walk through England Congratulations to Mike Carter on raising such important issues (The country I walked through deserves better than Brexit, 11 February). My husband, Colin Barnett, was - like Mike's father - also instrumental in organising the People's March ...
Letters / Guardian   |   Tue, 12 Feb 2019 18:15:05

Business greets extended Brexit talks with horror

Employers say continuing lack of clarity is stifling growth and makes it impossible to plan
FT   |   Tue, 12 Feb 2019 18:11:36

Brexit Secretary Stephen Barclay Completely Messes Up Jean-Claude Juncker's Name

Chris York / Huffington Post   |   Tue, 12 Feb 2019 17:56:44

Brexit: Theresa May plans to lift 21-day delay to ram through EU withdrawal by 29 March

A law passed in 2010 demands the delay so MPs can come to terms with exactly what has been agreed in a new treaty
Joe Watts / The Independent   |   Tue, 12 Feb 2019 17:53:00

Bank of England's Carney spells out no-deal Brexit hit to UK

Bank of England Governor Mark Carney warned on Tuesday of the potential shock to Britain's economy from Brexit which could serve as an "acid test" for countries around the world trying to respond to the challenges of globalization.
Reuters   |   Tue, 12 Feb 2019 17:19:52

Brexit: No-deal plan for Channel Tunnel operations

The trains will run on time - at least temporarily - while the UK and EU renegotiate terms.
BBC   |   Tue, 12 Feb 2019 17:18:10

Corbyn's Soft-Brexit Mattress

In a surprise move, the BBC have published some comedy that is actually critical of the Absolute Boy. Last week, BBC Radio 4 Extra's Newsjack programme carried a segment on the wonders of the 'Corbyn Soft-Brexit Mattress'. Worth a listen... "The Corbyn Soft Brexit Mattress is so lightweight it can ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 12 Feb 2019 17:16:51

Ineos boss Ratcliffe slams EU over 'foolish' taxes

Brexit supporter says green policies and high energy costs make bloc uncompetitive
FT   |   Tue, 12 Feb 2019 17:11:47

Both sides want an EU exit deal, says UK Brexit minister

Brexit minister Stephen Barclay said on Tuesday both Britain and the European Union wanted to see a Brexit deal, recognising that a British exit without an agreement would be in neither of the sides' interests.
Reuters   |   Tue, 12 Feb 2019 17:10:51

UK posts slowest growth in six years as Brexit looms

Taipei Times   |   Tue, 12 Feb 2019 17:04:45

"Real hunger" for Brexit deal - Jeremy Hunt

Foreign minister Jeremy Hunt said on Tuesday it was still possible to get a Brexit deal by March 29 when Britain leaves, describing a "real hunger" to finalise the exit in the European Union.
Reuters   |   Tue, 12 Feb 2019 17:00:53

France tells UK to make clear its Brexit intentions

London still needs to make clear its next steps towards reaching a deal over the terms of its divorce with the European Union, France's foreign ministry said on Tuesday after talks were held with Britain's foreign secretary.
Reuters   |   Tue, 12 Feb 2019 17:00:41

France tells Britain to make clear its Brexit intentions

London still needs to make clear its next steps towards reaching a deal over the terms of its divorce with the European Union, France's foreign ministry said on Tuesday after talks were held with Britain's foreign secretary.
Reuters   |   Tue, 12 Feb 2019 17:00:12

'Real hunger' for Brexit deal, says UK foreign minister

British foreign minister Jeremy Hunt said on Tuesday it was still possible to get a Brexit deal by March 29 when Britain leaves, describing a "real hunger" to finalize the exit in the European Union.
Reuters   |   Tue, 12 Feb 2019 16:52:51

Brexit: UK trying to convince EU Irish backstop is illegal under its own treaties

Stephen Barclay said the argument was 'very much the message' he was giving to EU leaders
Jon Stone / The Independent   |   Tue, 12 Feb 2019 16:43:00

May to MPs: We need to hold our nerve on Brexit talks

As talks reach 'crucial stage', UK leader asks MPs to be patient in order to deliver Brexit by March 29 deadline.
Al Jazeera   |   Tue, 12 Feb 2019 16:29:57

With respect: how liberal societies flourish

I am a new American. Along with 52 other people from 47 nations, I took the oath of allegiance on October 18th 2016, the very last day for voter registration in my home state of Maryland. As I am still a British citizen, I also voted in the Brexit referendum. ...
Richard V. Reeves / Brookings   |   Tue, 12 Feb 2019 16:11:27

All The Times Theresa May Said Next To Nothing As Brexit Day Hurtled Into View

Jasmin Gray / Huffington Post   |   Tue, 12 Feb 2019 16:11:21

EU announces plans to keep Channel Tunnel rail link open after no-deal Brexit

The European Commission announced plans on Tuesday to keep the rail link with Britain through the Channel Tunnel open on current terms for three months after a no-deal Brexit in an effort to minimize disruption expected from any abrupt split.
Reuters   |   Tue, 12 Feb 2019 16:01:00

May heckled as she denies 'running down the clock' on Brexit

Theresa May has denied she is trying to "run down the clock" on Brexit, as Labour leader Jeremy Corbyn accused the prime minister of MPs into supporting her "deeply flawed deal".
Sky   |   Tue, 12 Feb 2019 15:49:00

Theresa May Savaged Over New Plan To Rush Brexit Deal Through Commons Days Before Exit Day

Paul Waugh / Huffington Post   |   Tue, 12 Feb 2019 15:48:07

May accused of 'Brexit blackmail' after appealing for more time

Britain's Labour party has claimed "household name" employers are poised to abandon the country as the Brexit uncertainty continues.
Nick Miller / SMH   |   Tue, 12 Feb 2019 15:47:56

Irish TV host tears up as she lists Troubles victims from this day in history to warn of hard border return

Claire Byrne offers poignant reminder to negotiators that 'we can never allow a return to violence'
Ben Kelly / The Independent   |   Tue, 12 Feb 2019 15:46:26

NHS Stockpiling Body Bags As 'No Deal' Brexit Odds Climb

'Project Fear' just went to 11... For months now, Britons have been subjected to one alarming headline after another as the UK government and business community have scrambled to prepare for the food riots/trash crisis/blood in the streets that the "experts" have warned might happen after the customs barriers/iron curtain ...
Tyler Durden / Zero Hedge   |   Tue, 12 Feb 2019 15:46:18

Brexit: EU unveils emergency plan to keep Channel Tunnel open for three months after no-deal

Brussels says offer is 'strictly time-limited'
Jon Stone / The Independent   |   Tue, 12 Feb 2019 15:36:00

UK's May seeks more time to find Brexit deal, tells lawmakers: Hold your nerve

Prime Minister Theresa May told lawmakers on Tuesday to hold their nerve over Brexit and give her more time to negotiate a deal acceptable to both the European Union and the British parliament.
Reuters   |   Tue, 12 Feb 2019 15:30:46

Channel Tunnel To Remain Open If No Deal

The EU Commission has this afternoon published legislation on 'Railway safety and connectivity' which would guarantee the Channel Tunnel remains open for three months after a no deal Brexit, enough time for the UK and France to renegotiate the treaty that provides the legal underpinning for the crossing. Another piece ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 12 Feb 2019 15:30:11

May seeks more time to find Brexit deal, tells lawmakers: Hold your nerve

Prime Minister Theresa May told lawmakers on Tuesday to hold their nerve over Brexit and give her more time to negotiate a deal acceptable to both the European Union and the British parliament.
Reuters   |   Tue, 12 Feb 2019 15:28:54

Residency assured for Iceland and EEA following Brexit

Negotiations between the EFTA countries within the European single market have been completed over the continued citizens' rights in the event of a no-deal Brexit on 29th March 2019 which has been announced by the Icelandic Prime Ministry and Iceland's British Ambassador. This agreement allows Icelandic, Norwegian and Liechtenstein nationals ...
Anita Rienstra / IceNews   |   Tue, 12 Feb 2019 15:24:10

Naked Brexit Professor Got Publicly Naked Long Before Brexit

Dr Victoria Bateman has shot to political attention this week for her nude media appearances. She told Good Morning Britain this morning that she had given up on using words and now expressed herself using her body. "As an economist I am used to using words and equations to make ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 12 Feb 2019 15:03:24

We're Stockpiling Vodka For 'Nightmare' No-Deal Brexit, Pernod Ricard Says

George Bowden / Huffington Post   |   Tue, 12 Feb 2019 15:01:12

Bank of England's Carney warns UK of no-deal Brexit hit

Bank of England Governor Mark Carney said on Tuesday Britain should be under no illusions about the likely shock to its economy if it leaves the European Union next month without a transition deal to ease the shock.
Reuters   |   Tue, 12 Feb 2019 14:50:39

Brexit: Mark Carney warns of no-deal 'economic shock'

The Bank of England governor urges MPs to solve the Brexit impasse amid warnings of slowing global growth.
BBC   |   Tue, 12 Feb 2019 14:50:12

Brexit: Theresa May promises meaningful vote after more talks with EU

The PM promises a final vote on her deal after talks with the EU - Labour says she is running down the clock.
BBC   |   Tue, 12 Feb 2019 14:32:56

British PM May has no plans to resign this summer: spokesman

Prime Minister Theresa May has no plans to resign this summer, her political spokesman said on Tuesday, denying reports that the British leader was ready to step aside after Brexit.
Reuters   |   Tue, 12 Feb 2019 14:25:14

Theresa May Asks Lawmakers for More Time to Rework Brexit Deal

Britain's departure from the bloc is just 45 days away
JILL LAWLESS / AP / Time   |   Tue, 12 Feb 2019 14:19:25

Archaeologists must avoid prehistoric Brexit parallels - they encourage twisted readings of the past

Kevin This is not the first Brexit, apparently. That "watery Brexit" happened around 6,000 BC when Britain was detached from continental Europe with the final formation of the English Channel as it is today. Or maybe it occurred two millennia later, when late Neolithic populations in Britain cut themselves off ...
Archaeology / The Conversation   |   Tue, 12 Feb 2019 14:18:39

May says will speed up ratification of Brexit deal if time is tight

The government will seek to speed up the ratification of its Brexit deal with the European Union if time gets too tight to pass legislation before Britain's March 29 exit day, Prime Minister Theresa May said on Tuesday.
Reuters   |   Tue, 12 Feb 2019 14:15:18

May has no plans to resign this summer - spokesman

Prime Minister Theresa May has no plans to resign this summer, her political spokesman said on Tuesday, denying reports that the British leader was ready to step aside after Brexit.
Reuters   |   Tue, 12 Feb 2019 14:14:01

BoE's Carney says UK would suffer hit without Brexit deal

Bank of England Governor Mark Carney said there would be a hit to Britain's economy in the short-term if the country leaves the European Union next month without a deal to smooth its transition.
Reuters   |   Tue, 12 Feb 2019 14:10:01

Stop the Brexit clock, Cyprus FinMin tells Bloomberg

"We should stop the clock on Brexit, take a pause, postpone the exit," Cyprus Finance Minister Haris Georgiades said Tuesday in an interview with Bloomberg in Brussels.
Kathimerini   |   Tue, 12 Feb 2019 13:52:42

BoE's Carney: Brexit could send quite a positive signal about trade in services

Mark Carney, Governor of the Bank of England, is now delivering additional comments with key quotes found below. On assumption there is a brexit deal, we assume investment picks up and economy grows more strongly towards end of the year. Brexit could send quite a positive signal about trade in ...
FX Street   |   Tue, 12 Feb 2019 13:41:02

We can reach a Brexit deal parliament can support - PM May

Prime Minister Theresa May said on Tuesday she believed she could reach a Brexit deal that parliament could support, allowing Britain to leave the European Union on March 29.
Reuters   |   Tue, 12 Feb 2019 13:36:03

UK PM May: Important we see a strong vote from across parliament for Brexit deal

Prime Minister Theresa May said on Tuesday she wanted lawmakers from all parties to back the Brexit deal she is aiming to strike, citing the need to pass further legislation to prepare for Britain's exit from the European Union.
Reuters   |   Tue, 12 Feb 2019 13:35:21

BoE's Carney: Direction of monetary policy is not clear in event of hard Brexit

Mark Carney, Governor of the Bank of England, is now delivering additional comments with key quotes found below. Direction of monetary policy is not clear in event of hard Brexit. In the short term, there will be a hit to incomes from a hard Brexit. UK is a leading indicator ...
FX Street   |   Tue, 12 Feb 2019 13:35:03

Flower imports to the UK could become slower and more expensive in the wake of a hard Brexit

Tariffs and increased border checks in the UK could lead to increased prices of flowers imported from the Netherlands.
euronews   |   Tue, 12 Feb 2019 13:34:37

PM May: Important we see a strong vote from across parliament for Brexit deal

Prime Minister Theresa May said on Tuesday she wanted lawmakers from all parties to back the Brexit deal she is aiming to strike, citing the need to pass further legislation to prepare for Britain's exit from the European Union.
Reuters   |   Tue, 12 Feb 2019 13:26:32

Theresa May calls for patience on Brexit deal

PM is trying to secure changes to draft exit treaty to gain support for her deal
FT   |   Tue, 12 Feb 2019 13:22:01

UK PM May updates parliament on Brexit negotiations

British Prime Minister Theresa May urged lawmakers to hold their nerve over Brexit to force the European Union to accept changes to the divorce deal that would pave the way for an orderly exit.
Reuters   |   Tue, 12 Feb 2019 13:21:55

May accused by Corbyn of 'running down the clock'

Prime minister May vows MPs will have chance to vote on Brexit path on February 27
FT   |   Tue, 12 Feb 2019 13:14:56

BoE's Carney: Brexit could lead to new form of international cooperation and cross-border commerce

Below are some key takeaways from the speech given by Mark Carney, Governor of the Bank of England, at the Financial Times event in Frobisher Hall. Trade tensions abroad and Brexit debates at home are manifestations of fundamental pressures to reorder globalisation. As the world economy has been reordered with ...
FX Street   |   Tue, 12 Feb 2019 13:06:02

We can reach a Brexit deal parliament can support: UK PM May

Prime Minister Theresa May said on Tuesday she believed she could reach a Brexit deal that parliament could support, allowing Britain to leave the European Union on March 29.
Reuters   |   Tue, 12 Feb 2019 13:01:22

Mark Carney: Brexit is the first test of a new global order

Bank of England says UK must avoid protectionism in favour of international cooperation Brexit is an acid test of whether it is possible to reshape globalisation in a way that offers the benefits of trade while allaying public fears about the erosion of democracy, the governor of the Bank of ...
Larry Elliott / Guardian   |   Tue, 12 Feb 2019 13:00:21

No-deal Brexit and US-China trade war deadlines loom, but new ECB top economist says: 'don't panic'

The global economy is hurtling towards two of the most potentially severe headwinds in a decade, but the incoming chief economist of the European Central Bank had a message in Hong Kong on Tuesday: don't panic. March will see deadlines expire for the partial truce in the US-China trade war ...
Finbarr Bermingham / South China Morning Post   |   Tue, 12 Feb 2019 12:59:36

Carney says Brexit a global warning on trade conflicts

BoE governor says UK exit from EU an 'indicator' of pressure to reorder globalisation
FT   |   Tue, 12 Feb 2019 12:58:40

Verhofstadt to Brexiteers: French revolutionaries got the chop

'They all ended on the guillotine.'
Paul Dallison / Politico   |   Tue, 12 Feb 2019 12:56:20

UK PM May: Parliament has voted against staying in the EU customs union

Adding to her earlier comments, the UK PM Theresa May was further noted saying that I have told the EU clearly what Parliament wants on Brexit and seeks legally binding changes to show backstop is temporary. Additional quotes: • The Brexit referendum was not just above leaving the EU. • ...
FX Street   |   Tue, 12 Feb 2019 12:52:21

We must 'hold our nerve' on Brexit, May to tell MPs

Prime Minister Theresa May will tell British lawmakers on Tuesday they must hold their nerve over Brexit to force the European Union to accept changes to the divorce deal that would pave the way for an orderly exit.
Reuters   |   Tue, 12 Feb 2019 12:47:28

Germany reluctantly prepares for Brexit

Many commentators have been in denial about near-certainty that train is leaving station
FT   |   Tue, 12 Feb 2019 12:25:22

Richard Madeley Interviewing A Naked Brexit Protester Went Exactly As You'd Expect

Daniel Welsh / Huffington Post   |   Tue, 12 Feb 2019 12:19:31

Morning News: February 12, 2019

Oil Up Nearly 2% on Saudi and OPEC Cuts U.K. Economy Falters as Brexit Looms. Amsterdam Sees Risks, and Opportunity. Traders With $515 Billion Boycott [...]
Eddy Elfenbein / Eddy Elfenbein   |   Tue, 12 Feb 2019 12:19:11

Guy Verhofstadt suggests Brexiteers could 'end up on the guillotine'

Boris Johnson and Jacob Rees-Mogg likened to Georges Danton and Maximilien Robespierre
Jon Stone / The Independent   |   Tue, 12 Feb 2019 12:10:00

Jeremy Corbyn Is The Latest Victim Of The 'Led By Donkeys' Brexit Billboard Campaign

Sara C Nelson / Huffington Post   |   Tue, 12 Feb 2019 12:07:52

Brexit: EU citizens' children could lose right to stay in UK, senior MP warns

'You could have quite a lot of children who could pass the deadline for the settlement scheme, be completely unaware of their rights - and to lose their rights'
Rob Merrick / The Independent   |   Tue, 12 Feb 2019 12:01:00

UK parliament will not vote on revised Brexit deal this week: PM May's office

British Prime Minister Theresa May told her top team of ministers on Tuesday that parliament would not be asked to vote on a revised Brexit deal this week as she needed more time to negotiate with the European Union, her office said.
Reuters   |   Tue, 12 Feb 2019 11:59:56

UK parliament will not vote on revised Brexit deal this week - May's office

Prime Minister Theresa May told her top team of ministers on Tuesday that parliament would not be asked to vote on a revised Brexit deal this week as she needed more time to negotiate with the European Union, her office said.
Reuters   |   Tue, 12 Feb 2019 11:57:35

Factbox: Brexit - What will happen in the British parliament on February 14?

The British parliament is set to hold a debate on Brexit on Feb. 14 but this is not a re-run of a vote last month on whether to approve the exit deal Prime Minister Theresa May's negotiated with the European Union.
Reuters   |   Tue, 12 Feb 2019 11:56:44

British defence minister more like Mr Bean

The British defence secretary wants to project power around the world after Brexit and oppose those who "flout international law" by giving them a lesson in Britain's "hard power". In what he no doubt considers to be a major statement on post-Brexit British defence posture, Gavin Williamson says he is ...
Alex Lo / South China Morning Post   |   Tue, 12 Feb 2019 11:49:44

What next for Brexit?

EU officials have ruled out re-opening the withdrawal agreement - the legally binding part of the Brexit deal - but British officials are hopeful that some compromise will be found.
Times of India   |   Tue, 12 Feb 2019 11:40:24

Conservative MP Nick Boles forced to fight for seat after party vote

Local party members 'angry' with parliamentarian's Brexit stance
FT   |   Tue, 12 Feb 2019 11:34:52

Brexit: 'Something has to give'

EU Brexit negotiator Michel Barnier suggested on Monday British Prime Minister Theresa move towards proposals by the opposition Labour Party on a permanent customs union with the bloc to break the impasse over the details of the looming divorce.
euronews   |   Tue, 12 Feb 2019 11:30:00