Brexit News Archive: 22 Feb 2019

Ministers spend £100m on Brexit consultant contracts

Since the EU referendum the government has agreed £104m of Brexit consultancy and other contracts.
BBC   |   Fri, 22 Feb 2019 22:59:19

Cabinet ministers warn May they will defy her and back Brexit delay to avoid 'disastrous' no deal

Amber Rudd, Greg Clark and David Gauke offer warning to the European Research Group (ERG)
Shehab Khan / The Independent   |   Fri, 22 Feb 2019 22:45:00

Tory ministers signal they will rebel to stop no-deal Brexit

Greg Clark, Amber Rudd and David Gauke prefer delaying exit over crashing out
FT   |   Fri, 22 Feb 2019 22:37:17

Brexit: New march for a People's Vote receives £250,000 in matter of days

One group of activists have even paid for an entire train to bring people to London on 23 March
Joe Watts / The Independent   |   Fri, 22 Feb 2019 22:09:09

Brexit: Greg Clark, Amber Rudd and David Gauke issue delay warning

Greg Clark, Amber Rudd and David Gauke say extending Article 50 is better than "crashing out" of EU.
BBC   |   Fri, 22 Feb 2019 21:51:45

Ministers vow to back Brexit delay if PM can't get deal

Three cabinet ministers have promised to defy the prime minister and vote to extend Article 50 if she cannot get her Brexit deal through the House of Commons.
Sky   |   Fri, 22 Feb 2019 21:26:00

Three cabinet ministers back Brexit delay if May's plan voted down - report

Three cabinet ministers have publicly indicated they could back plans to delay Brexit if hardline MPs vote down Prime Minister Theresa May's plan for a new deal with the European Union, The Sun newspaper reported.
Reuters   |   Fri, 22 Feb 2019 21:21:15

No-deal Brexit would devastate Britain's organic industry overnight, experts warn

Exclusive 'It's completely bonkers': Sector fears huge losses as EU no long recognises UK products as organic if no deal is agreed
Josh Gabbatiss / The Independent   |   Fri, 22 Feb 2019 21:03:32

Heidi Allen: Theresa May needs to open her eyes, Tory defector to Independent Group says

The newly independent MP admits she has been disillusioned with politics since the moment she arrived. But the Independent Group could change all that
Tom Peck / The Independent   |   Fri, 22 Feb 2019 21:01:00

Labour leader Corbyn says he could back a second Brexit referendum

Labour leader Jeremy Corbyn said if his party won power he would renegotiate a Brexit deal with the European Union and could hold another referendum, as he comes under pressure to support giving the public another chance to stay in the bloc.
Reuters   |   Fri, 22 Feb 2019 20:28:52

ECB's Mario Draghi takes veiled swipe at Brexit

Central bank chief says EU membership confers sovereignty through leverage over world
FT   |   Fri, 22 Feb 2019 20:01:05

Government 'May Have Relied On Google Maps' To Draw Up No-Deal Brexit Port Plans

Rachel Wearmouth / Huffington Post   |   Fri, 22 Feb 2019 19:27:56

Soubry says it was inevitable she would leave Tories

MP suggests newly formed Independent Group will focus on stopping no-deal Brexit
FT   |   Fri, 22 Feb 2019 19:26:28

Gov't serving national policy line on all issues, foreign minister says after council session

Foreign Minister Giorgos Katrougalos (fifth in from left) convened a session of the National Council for Foreign Affairs on Friday to discuss Greek-Turkish relations and the impact of Brexit, among other issues. In comments after the meeting, Katrougalos said the government had 'served the national [policy] line on all issues ...
Kathimerini   |   Fri, 22 Feb 2019 19:06:53

Carmakers: forced into the slow lane

Honda's planned plant in the UK reflects not just Brexit but a wider set of pressures forcing the industry to change gear
FT   |   Fri, 22 Feb 2019 18:55:57

EUR/GBP: Potential for a move towards EUR/GBP1.00 on hard Brexit - Rabobank

"Volatility in EUR/GBP may be well below its peak of late last year but the same cannot be said of UK political developments," notes Rabobank research team. "This week has seen MPs from both the Labour and Tory parties break away. The common ground of the 11 MPs that will ...
FX Street   |   Fri, 22 Feb 2019 17:32:10

What the EU no-deal negotiations mean for Brexit

EU aims to make UK pay its €45bn budget bill and agree Irish backstop
FT   |   Fri, 22 Feb 2019 17:31:57

Bye-bye Brexit: History haunts German woman leaving UK to avoid 'chaos'

Actor Sonja Morgenstern, a German national who has lived in London since 1996, packed up and moved back to Nuremberg this week in hopes of rediscovering the peace and certainty she lost when Britain voted for Brexit in 2016.
Reuters   |   Fri, 22 Feb 2019 17:20:19

UK senior ministers want PM May to step down after local elections: Guardian

British cabinet ministers want Prime Minister Theresa May to stand down after local elections in May and allow a new leader to carry out the next phase of the Brexit negotiations, the Guardian newspaper reported.
Reuters   |   Fri, 22 Feb 2019 17:19:53

UK: Cabinet ministers want PM May to stand down after May elections

According to the Guardian newspaper, British cabinet ministers want Prime Minister Theresa May to stand down after the local elections in May and let the next phase of Brexit negotiations be handled by a new leader.
FX Street   |   Fri, 22 Feb 2019 17:18:36

UK senior ministers want May to step down after local elections - Guardian

British cabinet ministers want Prime Minister Theresa May to stand down after local elections in May and allow a new leader to carry out the next phase of the Brexit negotiations, the Guardian newspaper reported.
Reuters   |   Fri, 22 Feb 2019 17:15:47

Stockpiling For No Deal Brexit

Beau Atherton / Huffington Post   |   Fri, 22 Feb 2019 16:50:54

The Sources of the West's Decline

The growing problems in the Transatlantic community long precede the Trump Administration, Brexit, and the rise of populist movements. The post The Sources of the West's Decline appeared first on The American Interest .

Brexit news - live: Labour 'moving closer to new EU referendum' amid fresh party splits as ninth MP this week quits

Follow for live updates from Westminster
Lizzy Buchan, Tom Barnes / The Independent   |   Fri, 22 Feb 2019 16:12:00

OANDA Market Insights podcast (episode 53)

OANDA Senior Market Analyst Craig Erlam previews the week's business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week they discussed next week's US-China trade talks deadline, Fed Chair Jay Powell's testimonies, the crucial Brexit vote, the BoE inflation report hearing and earnings.
Craig Erlam / OANDA   |   Fri, 22 Feb 2019 16:11:54

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

What happens next as clock ticks on Britain's departure
FT   |   Fri, 22 Feb 2019 16:08:37

Bercow Ditches The British Constitution

John Bercow has been notoriously cavalier with the British Constitution in recent months as his conniving against Brexit with Remainer MPs has continued to escalate. Guido can reveal an interesting discovery which might help to explain it... A co-conspirator in a second-hand bookshop was pleasantly surprised to discover a copy ...
Hugh Bennett / Guy Fawkes' blog   |   Fri, 22 Feb 2019 16:00:35

ECB's Villeroy: Hard Brexit is less and less implausible

European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau recently crossed the wires arguing that the global economy was decelerating, not necessarily heading into a recession. Key quotes (via Reuters) Hard Brexit is less and less implausible. We need to assess the extent to which the recent slowdown ...
FX Street   |   Fri, 22 Feb 2019 15:42:07

Head of Google's Hiring Tool Calls UK 'Very, Very Attractive Market'

The head of Google's new recruitment tool 'Hire by Google' has said that the UK is "an attractive market, obviously, for everybody" and that Brexit did not change his decision to launch the product in the UK. Dmitri Krakovsky, a Vice President at Google (the world's second most valuable company), ...
Tom Harwood / Guy Fawkes' blog   |   Fri, 22 Feb 2019 15:35:09

MPs mustn't allow Fox free range to negotiate an 'America first' trade deal

Liam Fox wants to offer Trump everything from agriculture to the NHS in exchange for getting the City of London greater access to the US economy - and most government MPs seem completely relaxed about that. Image: Donald Trump visiting Theresa May in 2018. Whose agenda will dominate post-Brexit trade ...
Nick Dearden / Open Democracy   |   Fri, 22 Feb 2019 15:33:18

Brexit or no Brexit, life offers little hope for the residents of south Wales

Continuing his series of dispatches from around Brexit Britain, Patrick Cockburn finds loathing for both the EU and the UK establishment in the Welsh Valleys
Patrick Cockburn / The Independent   |   Fri, 22 Feb 2019 14:32:26

Corbyn could win back Scotland with second Brexit vote, says Blair

British opposition Labour leader Jeremy Corbyn could seize on a "huge opportunity" to win back key seats in its former Scottish heartland by endorsing a second vote on Brexit, former Labour prime minister Tony Blair said.
Reuters   |   Fri, 22 Feb 2019 14:07:29

Retailers battle to stock shelves for no-deal Brexit

Cabinet battle over imposing tariffs could signal break with era of cheap food
FT   |   Fri, 22 Feb 2019 14:00:26

How Companies Can Adapt During Times of Political Uncertainty

Brexit serves as a useful case study.
Thomas Roulet / HBR   |   Fri, 22 Feb 2019 14:00:13

Fed's Bostic: Policy direction 12-18 months out not as clear as in past

Atlanta Fed President Raphael Bostic recently crossed the wires arguing that the policy direction in 12-18 months from today was not as clear as it was in the past. Key quotes (via Reuters) Factors clouding outlook include global growth, Brexit. Fed has tried to pull back and not be as ...
FX Street   |   Fri, 22 Feb 2019 13:56:09

Fascinating

This would be happening without Brexit. The decline in car buying; mobile phone buying and so much more; as well as debt stress, are all real phenomena. What they suggest is that we have an economy that is realising that ... read more
Tim Worstall / Tim Worstall   |   Fri, 22 Feb 2019 13:37:19

Pound falls back under $1.30 as Brexit uncertainty persists

FT   |   Fri, 22 Feb 2019 13:29:46

GBP/USD plummets to lows, slides further below 1.30 handle

• Brexit/UK political developments continue to dent sentiment surrounding the British Pound. • A modest USD uptick/technical selling adds to the pressure and accelerates the intraday slide. The GBP/USD pair kept losing ground through the mid-European session and was now seen weakening further below the key 1.30 psychological mark. The ...
FX Street   |   Fri, 22 Feb 2019 13:05:00

Labour 'Moving Towards' Backing A Second Referendum, Says John McDonnell

Ned Simons / Huffington Post   |   Fri, 22 Feb 2019 12:40:27

Ninth MP quits Britain’s Labour Party as rebellion against Jeremy Corbyn’s handling of anti-Semitism and Brexit continues

A ninth lawmaker quit Britain’s main opposition Labour Party on Friday, blaming leader Jeremy Corbyn’s handling of accusations of anti-Semitism within its ranks.Ian Austin’s resignation adds to a mounting rebellion against Corbyn after the defections earlier this week of eight Labour MPs over the issues of anti-Semitism and Brexit.Austin said ...
Agence France-Presse / South China Morning Post   |   Fri, 22 Feb 2019 12:33:00

Honda: why Swindon, like so much of England, is powerless to fight factory closures

With Honda confirming the closure of its car plant in Swindon, many are focused on who and what's to blame - and whether or not it's the fault of Brexit. But the people of Swindon will be more concerned about the 3,500 factory jobs that will be lost and the ...
Richard Meredith, PhD Researcher, Work and Employment Relations Unit within Centre for Research on Employment and Work, University of Greenwich / The Conversation   |   Fri, 22 Feb 2019 12:18:34

Brexit: Labour 'moving towards' backing a fresh referendum, John McDonnell says

The shadow chancellor said the party's existing policy did mean a new public vote had been 'kept on the table'
Joe Watts / The Independent   |   Fri, 22 Feb 2019 12:15:00

Bim Afolami MP to become 'first father in British parliamentary history' to vote by proxy while on paternity leave

Afolami says he will be taking paternity leave to support his wife 'over the tough, tough nights'
Sabrina Barr / The Independent   |   Fri, 22 Feb 2019 12:01:21

Work continuing "at pace" on changes to Brexit deal - May's spokeswoman

Work is continuing at pace to secure the changes Britain is seeking to its exit deal with Brussels in order to win the backing of parliament, Prime Minister Theresa May's spokeswoman said on Friday.
Reuters   |   Fri, 22 Feb 2019 11:49:13

Today's letters: Brexit, mental health and solicitor-client privilege

Friday, Feb. 22: Readers weigh in on British politics, on mental health resources and on the SN affair. Write to us at:
Ottawa Citizen Editorial Board / Ottawa Citizen   |   Fri, 22 Feb 2019 11:46:22

Some UK Conservative lawmakers warn PM May they are ready to back Brexit delay

A group of Conservative lawmakers said on Friday they had warned Prime Minister Theresa May that they are ready to try to force a delay to Britain's exit from the European Union to prevent a disorderly 'no deal' Brexit.
Reuters   |   Fri, 22 Feb 2019 11:39:58

Work continuing 'at pace' on changes to Brexit deal: UK PM May's spokeswoman

Work is continuing at pace to secure the changes Britain is seeking to its exit deal with Brussels in order to win the backing of parliament, Prime Minister Theresa May's spokeswoman said on Friday.
Reuters   |   Fri, 22 Feb 2019 11:39:16

EU Expects May To Request 3-Month "Brexit Day" Extension

Theresa May once again failed to extract concessions from the EU27 on Wednesday after yet another meeting with Juncker (surprise, surprise) as the Continent refuses to budge on May's demands for "legally binding changes" to the deal - specifically to the troublesome Irish backstop, which many Brexiteers fear could result ...
Tyler Durden / Zero Hedge   |   Fri, 22 Feb 2019 11:36:29

Brexit: Crucial chance for MPs to back new EU referendum to be missed despite growing no-deal threat

Backers of the People's Vote campaign are were leaning towards a plan which would not see MPs asked to support one until the very last minute
Joe Watts / The Independent   |   Fri, 22 Feb 2019 11:31:00

UK PM May's Spokeswoman: Decision on no-deal tariffs will be announced shortly

The UK PM Theresa May's spokeswoman was out on the wires in the last hour and said that work is continuing at the pace to secure changes Britain is seeking to the Brexit deal. Additional quotes: • May spoke to Spanish PM on Thursday about Brexit. • May will have ...
FX Street   |   Fri, 22 Feb 2019 11:26:27

Some Conservative MPs warn May they are ready to back Brexit delay

A group of Conservative lawmakers said on Friday they had warned Prime Minister Theresa May that they are ready to try to force a delay to Britain's exit from the European Union to prevent a disorderly 'no deal' Brexit.
Reuters   |   Fri, 22 Feb 2019 11:15:53

Brexit News Archive: 22 Feb 2019     |     enquire