Brexit News Archive: 10 Mar 2019

EU prepares to demand multi-billion pound increase on divorce payment from Britain in return for Brexit delay - UK Telegraph

The UK Telegraph carried a story that signals the EU members readiness to levy extra burden on the UK policymakers should they chose to delay the Brexit date. The news report said that the EU is preparing to impose punitive conditions on Britain as its price for agreeing a Brexit ...
FX Street   |   Sun, 10 Mar 2019 22:58:47

Theresa May desperately attempts to salvage Brexit deal with 48 hours before critical Commons vote

One senior Conservative warns PM's position may become untenable if her Brexit policy is 'dismantled' in coming days
Ashley Cowburn / The Independent   |   Sun, 10 Mar 2019 22:38:00

Brexit week: Get set for a rollercoaster of a week in GBP-FX

its all eyes on sterling at the start of this week with the Brexit vote this week and there are concerns that the deal will be defeated - Subsequently, sterling dropped on the open today. MPs will pass their verdict on Prime Minister Theresa May's plan to take Britain out ...
FX Street   |   Sun, 10 Mar 2019 22:08:42

Brexit disappointments drag GBP/USD to 3-week low at the start of key week

GBP/USD trades near 1.2970 during the early Asian session on Monday. The pair tests three-week low as the UK rejected several EU Brexit offers and increased uncertainty ahead of key week concerning parliamentary voting. 1.2950 can act as near-term strong support while 1.3000 may restrict immediate upside. The British Pound ...
FX Street   |   Sun, 10 Mar 2019 21:45:50

BoE tightens bank liquidity buffers before Brexit

Some lenders told to triple amount of easy-to-sell assets they hold to weather any no-deal crisis
FT   |   Sun, 10 Mar 2019 21:30:30

Indian migrants to UK surge ahead of Brexit

NHS and booming IT sector lure workers from south Asia as eastern Europeans depart
FT   |   Sun, 10 Mar 2019 21:00:24

Brexit vote, US budget, BoJ sets rates

Your FT guide to this week's big events
FT   |   Sun, 10 Mar 2019 18:56:45

Brexiters prove impervious to May's warnings

Tory MPs ready to ignore PM's claim UK may never leave EU if they vote against her plans
FT   |   Sun, 10 Mar 2019 18:56:32

Factbox: Deal, no deal or delay - How will UK parliament decide on Brexit?

Lawmakers will this week decide how and when Britain should leave the European Union in a series of votes that could determine the country's prosperity for decades to come.
Reuters   |   Sun, 10 Mar 2019 17:42:37

Dutch PM Rutte says path to Brexit breakthrough unclear

Dutch Prime Minister Mark Rutte said the path to a breakthrough on Brexit remained elusive, and he did not know what his British counterpart Theresa May meant when she said on Friday that only "one more push" was needed to reach a deal. With just three weeks left before Britain ...
sellputs / Hedge Accordingly   |   Sun, 10 Mar 2019 17:36:57

12 reasons why Labour should oppose Brexit

Labour MP Jess Phillips says she wants to stop Brexit, despite the fact that the majority of people in her constituency probably voted Leave. Everything is Remain Minus. Every deal shrinks the economy in some way. If I lose my ... Continue reading →
Rick / Flip Chart Fairy Tales   |   Sun, 10 Mar 2019 17:35:48

Dog owners hound May in call for Brexit referendum

Theresa May has been accused of making a "dog's dinner" of Brexit by second referendum campaigners and their pooches.
Sky   |   Sun, 10 Mar 2019 16:57:00

Japanese drugmaker moves HQ out of London over Brexit

Shionogi feted by Boris Johnson when it opened UK base in 2012
FT   |   Sun, 10 Mar 2019 16:53:38

The issue is the issue

The NYT has an interesting article showing how Brexit has split British society right down the middle, as people lose their best friends and stop speaking to family members: "It's definitely visceral, it's definitely nasty, and there are certainly people who won't accept the core of the other person's position," ...
ssumner / Money Illusion   |   Sun, 10 Mar 2019 16:06:16

Scottish Labour sidesteps Brexit split with UK party

Conference backs second referendum but avoids serious push for such a vote
FT   |   Sun, 10 Mar 2019 15:45:36

Labour Party could agree Brexit deal in weeks - finance chief McDonnell

Britain's opposition Labour Party could agree an alternative Brexit deal with the European Union within a matter of weeks, the party's finance policy chief John McDonnell said on Sunday, adding he expected the government's deal to be rejected.
Reuters   |   Sun, 10 Mar 2019 15:37:42

Brexit in peril' as PM Theresa May faces heavy defeat

Brexit could be reversed if lawmakers reject the government's exit deal, British foreign minister Jeremy Hunt said on Sunday after two major eurosceptic factions in parliament warned that Prime Minister Theresa May was facing a heavy defeat. Just 19 days before the United Kingdom is due to leave the EU ...
Reuters / Financial Express   |   Sun, 10 Mar 2019 15:36:15

After Brexit, the Tories want to scrap our Human Rights Act

The Tories are planning a bonfire of our rights after Brexit, with the top priority being to scrap our Human Rights Act and replace it with a watered down 'Bill of Rights'. That's been the long-term goal of the Tories, but they can't do it whilst we are in the ...
Jon Danzig / Ideas on Europe   |   Sun, 10 Mar 2019 14:43:52

Despite Hammond's threat, the Tories cannot be trusted to end austerity | Richard Partington

Chancellor hints that a no-deal Brexit will mean an unwanted extension to austerity Do you remember the days when the big debate in British politics was not interminable talk of backstops, parliamentary process and obscure trade deals? The days when it was about something far more simple: tax and spending. ...
Richard Partington / Guardian   |   Sun, 10 Mar 2019 14:41:03

Brexit secretary Stephen Barclay held talks with pro-second referendum Labour MPs, officials admit

Labour MP Peter Kyle says Mr Barclay was 'engaging fully' with possibilities during 45-minute meeting in Downing Street
Ashley Cowburn / The Independent   |   Sun, 10 Mar 2019 14:19:00

Norway shows the UK a better way to Brexit

If May's deal is defeated again, this option at least offers a smooth transition
FT   |   Sun, 10 Mar 2019 14:00:15

How We Got to Brexit

LONDON-The week ahead will be one of the most dramatic in British politics in decades. A sequence of parliamentary votes will decide the future of the British economy-or perhaps plunge it into chaos. The government of Theresa May will one more time resubmit to Parliament an agreement to transition out ...
David Frum / The Atlantic   |   Sun, 10 Mar 2019 13:46:19

Brexit fears: Art dealers ship work out of UK

How the Brexit could affect the world of fine art, especially if taxes on imports and exports go up.
Al Jazeera   |   Sun, 10 Mar 2019 12:59:47

UK PM braced for possible biggest policy climbdown yet

UK Prime Minister Theresa May is braced for what could be her biggest policy climbdown yet, after insisting for years that "no deal for Britain is better than a bad deal" and that her country would leave the European Union on March 29, 2019.
CNN   |   Sun, 10 Mar 2019 12:49:08

Brexit could be lost if deal rejected, Jeremy Hunt says

Tories face consequences if MPs do not back Theresa May's deal, Jeremy Hunt says.
BBC   |   Sun, 10 Mar 2019 12:42:56

Brexit Comes to a Head, and while Europe and US Data Rebound, the Equity Rally Falters

Brexit comes to a head. By nearly all reckoning, the Withdrawal Bill will be resoundingly defeated in the House of Commons on March 12. The margin of defeat may not match the first rejection, but it will be the death knell to the path that had been negotiated for a ...
Marc Chandler / Marc to Market   |   Sun, 10 Mar 2019 12:12:26

'Brexit in peril' as May faces heavy defeat

Brexit could be reversed if lawmakers reject the government's exit deal, British foreign secretary Jeremy Hunt said on Sunday after two major eurosceptic factions in parliament warned that Prime Minister Theresa May was facing a heavy defeat.
Reuters   |   Sun, 10 Mar 2019 12:07:43

'We could end up losing Brexit': Hunt says Britain may not leave EU after all, as pressure for second referendum grows

Foreign secretary admits there is "wind in the sails" of pro-referendum campaigners
Ashley Cowburn / The Independent   |   Sun, 10 Mar 2019 11:58:49

'Brexit in peril' as PM May faces heavy defeat

Brexit could be reversed if lawmakers reject the government's exit deal, British foreign minister Jeremy Hunt said on Sunday after two major eurosceptic factions in parliament warned that Prime Minister Theresa May was facing a heavy defeat.
Reuters   |   Sun, 10 Mar 2019 11:50:46

Time to open debate on UK's post-Brexit finances

The chancellor's Spring Statement must address the effects of the austerity years
FT   |   Sun, 10 Mar 2019 11:47:52

David Davis Warns Britain Will Get Its Own 'Trump Moment' If MPs Vote To Delay Brexit

Jasmin Gray / Huffington Post   |   Sun, 10 Mar 2019 11:47:13

UK Labour Party could agree Brexit deal in weeks: finance chief McDonnell

Britain's opposition Labour Party could agree an alternative Brexit deal with the European Union within a matter of weeks, the party's finance policy chief John McDonnell said on Sunday, adding he expected the government's deal to be rejected.
Reuters   |   Sun, 10 Mar 2019 11:44:17

Brexit delay 'doable' but would lead to 'Trump moment'

Theresa May has been told delaying Brexit is "doable" but would lead to Britain getting its own "Trump moment".
Sky   |   Sun, 10 Mar 2019 11:37:00

Brexit in peril if PM May's deal is rejected: foreign minister Hunt

British foreign minister Jeremy Hunt said on Sunday that there was momentum behind a move to stop Brexit, warning that unless lawmakers backed the government's exit deal on Tuesday then Brexit could be reversed.
Reuters   |   Sun, 10 Mar 2019 11:19:12

Brexit in peril if PM May's deal is rejected - Foreign Secretary Hunt

Foreign Secretary Jeremy Hunt said on Sunday that there was momentum behind a move to stop Brexit, warning that unless lawmakers backed the government's exit deal on Tuesday then Brexit could be reversed.
Reuters   |   Sun, 10 Mar 2019 11:12:02