Brexit News Archive: 20 Mar 2019

Brexit: MPs react with fury after Theresa May blames them for national 'crisis' and failing to back her deal

Prime minister accused of putting colleagues in harm's way with 'incendiary' speech
Jon Sharman / The Independent   |   Wed, 20 Mar 2019 22:53:00

On The Brink Of Brexit, PM Theresa May Pushes For Extension With EU Support

The European Council President said a delay of three months is possible. But U.K. lawmakers would have to approve terms of separation that May has already unsuccessfully proposed to them.
Sasha Ingber / NPR   |   Wed, 20 Mar 2019 22:50:50

Put it to the People march: When is it happening and how you can get involved?

Number of people who have pre-registered on the website is 'significantly higher' than those for October march, organisers say
Carly-May Kavanagh / The Independent   |   Wed, 20 Mar 2019 22:46:00

Pressure mounts as May heads to final EU summit before Brexit

UK PM seeks a short delay on the Brexit deadline, but all 27 EU members have to agree to any extension proposal.
Al Jazeera   |   Wed, 20 Mar 2019 22:43:04

May asks wary EU to delay Brexit until June 30, is told pause is contingent on Parliament yes vote for her deal

Exactly 1,000 days after Britain voted to leave the European Union, and nine days before it is scheduled to walk out the door, Prime Minister ...
No Author / Japan Times   |   Wed, 20 Mar 2019 22:41:15

'Toxic, Arrogant, Disgraceful': MPs Are Furious After Theresa May Blamed Them For The Brexit Crisis

Graeme Demianyk / Huffington Post   |   Wed, 20 Mar 2019 22:19:19

Brexit: Sterling falls on no-deal worries

Business condemns continuing uncertainty, as the pound sinks on fresh no-deal concern.
BBC   |   Wed, 20 Mar 2019 22:10:48

Brexit delay a matter of 'great personal regret'

CNN   |   Wed, 20 Mar 2019 22:07:06

May blames UK lawmakers for failing to pass her Brexit deal

Theresa May will not request a long delay to Brexit from European leaders, Downing Street has said.
CNN   |   Wed, 20 Mar 2019 22:04:49

May urges parliament to back her on Brexit, tells Britons 'I'm on your side'

Prime Minister Theresa May made an impassioned appeal to British lawmakers to support her on Wednesday after the European Union said it could only grant her request to delay Brexit for three months if parliament next week backed her plans for leaving.
Reuters   |   Wed, 20 Mar 2019 21:42:08

GBP/USD Technical Analysis: Cable back below 1.3200 handle as Brexit gets delayed

GBP/USD daily chart GBP/USD is trading in a bull trend above its main simple moving averages (SMAs). Key comments from Theresa May statement following EU's ultimatum - UK will not leave on the 29th March (GBP down). GBP/USD 4-hour chart GBP/USD is trading between the 100 and 200 SMAs suggesting ...
FX Street   |   Wed, 20 Mar 2019 21:33:41

Theresa May's endgame: Prime minister blames MPs for Brexit failure and demands they back her deal

The prime minister accused MPs of doing 'everything possible' to avoid a decision on Brexit with her time in Downing Street now looking short
Joe Watts / The Independent   |   Wed, 20 Mar 2019 21:22:00

May urges MPs to back her Brexit deal now

Prime Minister Theresa May said on Wednesday she deeply regretted her decision to seek a Brexit extension from the European Union and she urged MPs, who have twice previously rejected her plan, to back her now.
Reuters   |   Wed, 20 Mar 2019 21:20:06

Theresa May blames MPs for Brexit delay

The UK prime minister says delay was 'a matter of great personal regret.'
Tom McTague / Politico   |   Wed, 20 Mar 2019 21:07:00

PM tells Brexit-weary public 'I'm on your side'

The PM appeals to the public over the delay to Brexit and says it is "high time" MPs made a decision.
BBC   |   Wed, 20 Mar 2019 20:59:53

Brexit only costs: 7,000 city jobs and £600m tax

Financial services groups are set to to move £1tn of assets and 7,000 jobs out of UK
FT   |   Wed, 20 Mar 2019 20:58:07

UK's May urges lawmakers to back her Brexit deal now

Prime Minister Theresa May said on Wednesday she deeply regretted her decision to seek a Brexit extension from the European Union and she urged lawmakers, who have twice previously rejected her plan, to back her now.
Reuters   |   Wed, 20 Mar 2019 20:54:05

Dollar falls as Fed keeps dovishness on autopilot

Fed - Removes 2019 hikes, leaves one for 2020 and to halt QT in Sept Brexit - MV expected Tuesday or Wednesday Trade War - Trump notes EU as tough on US as China Oil - Stockpiles fell 9.6M even as imports rose 186K Gold - Stronger on dovish Fed ...
Ed Moya / OANDA   |   Wed, 20 Mar 2019 20:48:19

Theresa May Tells MPs It Is 'High Time' They Make A Decision On Brexit

Graeme Demianyk / Huffington Post   |   Wed, 20 Mar 2019 20:46:10

Key comments from Theresa May statement following EU's ultimatum - UK will not leave on the 29th March (GBP down)

In a dramatic turn of events along the Bexit saga, with Donald Tusk's ultimatum and statement on Brexit, PM May is taking the stand at Downing Street. GBP/USD is now below the 1.32 handle at 1.3185. Key notes leading up to PM May's Downing Street statement (reported by The Guardian): ...
FX Street   |   Wed, 20 Mar 2019 20:45:04

Breaking: PM May confirms request for 30th June delay to Art' 50 - 'This delay is a matter of great personal regret for me' (Watch Live)

PM May is taking the stand at Downing Street, addressing the UK nation explaining her current stance on the Brexit deadline proposed delay beyond next Friday's Brexit due date. In the latest development along the Brexit saga following a cross-party meeting today, of which Jeremy Corbyn walked out from, and ...
FX Street   |   Wed, 20 Mar 2019 20:40:38

EU summit: Live blog

Brexit, China and fake news among the big-ticket items on the agenda.
POLITICO / Politico   |   Wed, 20 Mar 2019 20:16:21

No Brexit delay without MPs backing deal, warns EU

May left to plead with opposition to save withdrawal agreement
FT   |   Wed, 20 Mar 2019 20:03:00

Jeremy Corbyn Walks Out Of Cross-Party Brexit Talks 'Because The Independent Group Attended'

Nicola Slawson / Huffington Post   |   Wed, 20 Mar 2019 20:01:56

Brexit: Corbyn walked out of cross party meeting

Vince Cable states that Corbyn walked out of meeting with May because the independent group were present - Sunday Times' political editor, Tim Shipman. A Labour spokesperson just said about the incident: It was not the meeting that had been agreed and the terms were broken. Downing Street is in ...
FX Street   |   Wed, 20 Mar 2019 19:48:17

Jeremy Corbyn 'stomps out' of Brexit meeting with Theresa May and other party leaders

Labour leader said to have been angered that the Independent Group's Chuka Umunna was invited to cross-party talks
Benjamin Kentish / The Independent   |   Wed, 20 Mar 2019 19:48:00

May's very big gamble risks no-deal Brexit

If EU is not bluffing, and Commons cannot agree alternative, then the clock will run down
FT   |   Wed, 20 Mar 2019 19:42:45

European Council president Donald Tusk says the EU will agree to a short Brexit delay, but only if Theresa May’s deal passes

Donald Tusk has put a no-deal Brexit back on the table by saying EU leaders will only agree to a short delay if MPs back Theresa May’s deal next week, on a day of high drama in Brussels and London.After belatedly receiving Theresa May’s formal letter requesting a three-month extension ...
The Guardian / South China Morning Post   |   Wed, 20 Mar 2019 19:36:58

MPs prepare fresh bid to take control of Brexit

Backbenchers want 'indicative votes' on alternatives to May's exit package
FT   |   Wed, 20 Mar 2019 19:34:10

UK set to step up no-deal Brexit planning

Government increases armed forces' readiness to deal with public disruption
FT   |   Wed, 20 Mar 2019 19:23:07

EU backs short Brexit delay but only with deal

The EU indicates a short extension beyond the Brexit date of 29 March is possible but only if MPs back agreement.
BBC   |   Wed, 20 Mar 2019 19:21:01

May: 'High time MPs make a decision on Brexit'

A combative Theresa May said it is "high time" MPs make a decision on Brexit in a Downing Street address to the nation.
Sky   |   Wed, 20 Mar 2019 19:21:00

Unprecedented drug shortage linked to Brexit, NHS bosses say

Hospitals in England are experiencing a "spike" in medicine shortages, an NHS leader tells BBC Newsnight.
BBC   |   Wed, 20 Mar 2019 19:19:28

UK business watches Brexit chaos with 'sense of horror'

CBI head says Britain needs new plan to avoid crashing out of EU
FT   |   Wed, 20 Mar 2019 19:03:17

UK PM May to address the nation at 20:15 GMT

According to several news outlets, British Prime Minister Theresa May will be delivering an address to the nation on Brexit at 20:15 GMT.
FX Street   |   Wed, 20 Mar 2019 18:46:21

US President Donald Trump tears up diplomatic rules: criticises Britain over Brexit situation and calls out Germany for its budget planning

President Donald Trump is once again tearing up the diplomatic norm of treading lightly in allies’ domestic politics, with his team attacking Britain’s beleaguered leader over Brexit and irritating Germany.Trump, who has slaughtered so many sacred cows in US politics, has shown no compunction over lambasting Prime Minister Theresa May’s ...
Agence France-Presse / South China Morning Post   |   Wed, 20 Mar 2019 18:41:12

Brexit: Tory MP Dominic Grieve blasts Theresa May's attack on parliament for blocking her deal - 'I'm ashamed to be a Conservative'

'I could have wept - wept to see her reduced to these straits', Conservative big-hitter tells Commons
Rob Merrick / The Independent   |   Wed, 20 Mar 2019 18:40:00

Jerome Powell speech: Could be some time before outlook calls for change in policy

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his remarks on the monetary policy outlook, with key quotes found below. Brexit and trade negotiations pose risks. Much of today's meeting was about what to make of various indicators. Patient means Fed sees no ...
FX Street   |   Wed, 20 Mar 2019 18:36:27

Post-Brexit trade ruling sparks 'land grab' charge

ESMA lists thousands of stocks to be traded in the EU in the event of a no-deal exit
FT   |   Wed, 20 Mar 2019 18:34:04

EU ready to grant Brexit delay if UK parliament backs deal

The European Union could grant Britain's request for a short Brexit delay if parliament votes next week in favor of a stalled departure deal, European Council President Donald Tusk said on Wednesday.
Reuters   |   Wed, 20 Mar 2019 18:29:05

Tusk invites EU leaders to agree short, conditional Brexit delay

European Council President Donald Tusk said on Wednesday he believed the EU should endorse a short delay of Brexit beyond March 29 if Britain's parliament ratifies the stalled divorce agreement next week.
Reuters   |   Wed, 20 Mar 2019 18:28:36

Tory MP Dominic Grieve Says Brexit Crisis Leaves Him 'Ashamed To Be A Conservative'

Rachel Wearmouth / Huffington Post   |   Wed, 20 Mar 2019 18:26:12

Toyota to build new hybrid cars for Suzuki in Brexit-facing U.K.

Toyota on Wednesday said it will build a new hybrid car in Britain for Japanese peer Suzuki - a welcome boost for the U.K. auto ...
No Author / Japan Times   |   Wed, 20 Mar 2019 18:22:53

EU leaders should cut UK some slack on Brexit extension: Irish PM

European Union leaders should cut British Prime Minister Theresa May some slack over her request to delay Brexit, Irish Prime Minister Leo Varadkar said on Wednesday.
Reuters   |   Wed, 20 Mar 2019 18:19:34

Next Brexit defeat could mean election, May could say: Channel 4

British Prime Minister Theresa May could indicate in a statement later that another defeat for her Brexit deal could mean a general election, Channel 4's political editor Gary Gibbon said on Wednesday.
Reuters   |   Wed, 20 Mar 2019 17:57:40

Theresa May gambles on Brexiters losing their nerve

Eurosceptics spy opportunity for no-deal Brexit as PM rules out prolonged Article 50 extension
FT   |   Wed, 20 Mar 2019 17:48:15

What next for the BoE?

Will Brexit overshadow this month's meeting? With only eight days to go until the UK exits the European Union and no deal in place, you would be forgiven for thinking that the Bank of England meeting on Thursday is going to be a non-event, one that investors everywhere are going ...
Craig Erlam / OANDA   |   Wed, 20 Mar 2019 17:23:36

GBP/USD - British slips below 1.32 as Brexit confusion continues

GBP/USD has posted considerable losses in the Wednesday session. In North American trade, the pair is trading at 1.3200, down 0.50% on the day. On the fundamental front, British CPI edged up to 1.9%, compared to 1.8% a month earlier. In the U.S., the Federal Reserve will issue a rate ...
Kenny Fisher / OANDA   |   Wed, 20 Mar 2019 17:14:20

Donald Tusk says short Brexit delay possible

European Council president will give extension if a deal is passed
FT   |   Wed, 20 Mar 2019 17:08:55

Theresa May requests short Brexit extension: how to understand this reckless move

Before the October 1964 general election, Harold Wilson was reported to have stated "a week is a long time in politics". Never has that maxim been truer than in relation to the politics of Brexit and the publication of prime minister Theresa May's letter to Donald Tusk, president of the ...
Simon Lee, Senior Lecturer in Politics, University of Hull / The Conversation   |   Wed, 20 Mar 2019 17:08:20

Here's what you need to know about Brexit

CNN correspondents and producers go back to basics to guide you through everything you need to know about Brexit and the divorce between the EU and the UK.
CNN   |   Wed, 20 Mar 2019 17:04:34

E.U. Council Head Gives Tentative Greenlight to U.K. Brexit Delay Request

Tusk is set to chair a summit of EU nation leaders on Thursday
Associated Press / Time   |   Wed, 20 Mar 2019 16:57:21

Leader of Nigel Farage-backed Brexit Party resigns over anti-Islam messages

Catherine Blaiklock retweeted posts from far-right figures as well as sending her own messages.
Paul Dallison / Politico   |   Wed, 20 Mar 2019 16:52:15

France threatens to reject May's Brexit delay request

France threatened to reject British Prime Minister Theresa May's request for a three-month delay to Brexit on Wednesday unless she can guarantee to get her departure plans though parliament, potentially sending Britain crashing out of the EU without a deal.
Reuters   |   Wed, 20 Mar 2019 16:51:14

An immigrant's tale: Leaving Britain to escape Brexit hostility

A few months after Britain voted to leave the European Union, Maria was waiting to see a doctor at a London hospital when an elderly English woman told her to go back to her native Romania.
Reuters   |   Wed, 20 Mar 2019 16:46:48

EU's Tusk comments in keeping with UK PM's request for Brexit extension: May's spokesman

EU Council President Donald Tusk's comments that Britain could be granted a short delay to Brexit on the condition that parliament backs an exit deal next week are in keeping with Prime Minister Theresa May's request, her spokesman said.
Reuters   |   Wed, 20 Mar 2019 16:44:05

The Brexit mess gets messier as the deadline nears

The British prime minister seeks an extension, but May remains hamstrung at home and in Brussels. Meanwhile, the Trumps weigh in against her.
Dan Balz / Washington Post   |   Wed, 20 Mar 2019 16:43:00

Deal Or No Deal Or No Brexit

9 days to go and we're at the same place we've been all along.In the light of his consultations, he says a short, extension will be possible.But it will be conditional on a positive vote on the withdrawal agreement in the Commons.The press is mostly pushing this as "deal or ...
Atrios / Eschaton   |   Wed, 20 Mar 2019 16:42:00

Tusk: No Brexit Extension Unless the Deal is Approved

Donald Tusk has narrowed the EU's position down on an extension even further, saying that the EU will only grant a short extension if the UK approves the deal: "I believe that a short extension will be possible but it will be conditional on a positive vote on the Withdrawal ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 20 Mar 2019 16:41:00

EU's Tusk sees short Brexit delay if UK backs divorce deal

European Council President Donald Tusk said on Wednesday that granting Britain a short postponement of Brexit was possible on condition that Britain's parliament votes in favor of the stalled divorce agreement next week.
Reuters   |   Wed, 20 Mar 2019 16:39:23

Donald Tusk: No (short) Brexit extension without green light for deal

The European Council president said an extension was on a positive vote for the deal in the House of Commons.
David M. Herszenhorn / Politico   |   Wed, 20 Mar 2019 16:36:07

UK and EU financial watchdogs to co-operate in event of no-deal Brexit

FT   |   Wed, 20 Mar 2019 16:35:50

Brexit minister: Parliament will debate EU exit plans on Monday

Parliament will have the chance to discuss a motion on Brexit on Monday, Brexit minister Stephen Barclay said, confirming government plans to set out a process for parliament to find a way forward on Britain's departure from the European Union.
Reuters   |   Wed, 20 Mar 2019 16:29:58

Brexit Delay 'Possible' If MPs Back Theresa May's Deal, Says Donald Tusk

Rachel Wearmouth / Huffington Post   |   Wed, 20 Mar 2019 16:25:09

Wednesday assorted links

1. The wisdom of polarized crowds? 2. Is Brexit breaking Parliament? 3. Quantum computing for the very curious, recommended. 4. Is there a clear upward trend in Far Right terrorism? 5. The genderless voice assistant? 6. The new economic interns. 7. Is Mike Trout still underpaid at $430 million? 8. ...
Tyler Cowen / Marginal Revolution   |   Wed, 20 Mar 2019 16:24:02

Brexit delay request will be rejected if no guarantees of deal success - France

Britain's request for a delay to Brexit will be rejected by the EU if Prime Minister Theresa May cannot provide sufficient guarantees that her parliament will approve the divorce deal she negotiated, France's foreign minister said on Wednesday.
Reuters   |   Wed, 20 Mar 2019 16:20:04

Brexit extension: EU says it will only allow delay if MPs vote for Theresa May's deal next week

The Brexit delay sought by Theresa May will be on MPs voting to support her deal in parliament next week, the president of the European Council has said.
Jon Stone / The Independent   |   Wed, 20 Mar 2019 16:18:00

EU's Tusk: Short Brexit extension conditional on support from House of Commons

European Council President Donald Tusk is now delivering his remarks on Brexit in a press conference. Key quotes (via Reuters) Short Brexit extension would be possible, conditional on support from House of Commons. Question remains on duration of Brexit extension. June 30th deadline has merits. At this time do not ...
FX Street   |   Wed, 20 Mar 2019 16:13:19

May Rumours Swirling as EU Digs In on Brexit Extension

The EU have rebuffed May's request for an Article 50 extension to 30th June, releasing a note insisting that the 23rd May is the crucial date - the day European Parliament elections begin. They say the PM can either have a "short technical extension" until 23rd May, any longer and ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 20 Mar 2019 16:09:02

France warns UK request for Brexit extension may be refused

French foreign minister wants UK to offer guarantees
FT   |   Wed, 20 Mar 2019 16:04:15

France threatens to block Brexit delay

CNN   |   Wed, 20 Mar 2019 16:00:51

French presidency dismisses Le Point report on Brexit delay as 'speculation'

A report by Le Point magazine saying that President Emmanuel Macron would veto any Brexit delay is "pure speculation", an Elysee official said on Wednesday, adding that a decision would be taken at the European Council on Thursday.
Reuters   |   Wed, 20 Mar 2019 15:52:14

UK Labour Party: Use Brexit delay to let parliament find way forward

Britain should use the delay it is seeking to Brexit to allow parliament to find a way through the current impasse, the opposition Labour Party's Brexit spokesman Keir Starmer said on Wednesday.
Reuters   |   Wed, 20 Mar 2019 15:43:59

UK Labour Party's Starmer: PM wants to bring back the same deal to parliament

The opposition Labour Party's Brexit spokesman, Keir Starmer, recently crossed the wires saying that there were no changes to Prime Minister Theresa May's Brexit deal and she wanted to bring back the same deal to Parliament. Source: Reuters.
FX Street   |   Wed, 20 Mar 2019 15:39:47

EU frustration with UK rises as Brexit talks near final hours

One negotiator says Brussels has 'zero' trust in Theresa May and her government
FT   |   Wed, 20 Mar 2019 15:39:28

As The Brexit Crisis Deepens... Who Is Actually In Charge Of Getting The UK Out Of This Mess?

Jasmin Gray / Huffington Post   |   Wed, 20 Mar 2019 15:38:41

UK parliament to hold emergency debate on Brexit on Wednesday

Britain's parliament will hold an emergency debate on Wednesday on Prime Minister Theresa May's decision to request a three-month delay to Brexit, the speaker John Bercow said.
Reuters   |   Wed, 20 Mar 2019 15:17:54

Brexit: Speaker Bercow approves an emergency debate

The UK Speaker of the Hosue John Bercow has approved an emergency debate on Brexit requested by Sir Keir Starmer, a Labour Member of Parliament and the shadow Brexit secretary. The speaker will likely allow the debate soon. In other Brexit news, leaders of the opposition have been invited to ...
FX Street   |   Wed, 20 Mar 2019 15:17:04

Brexit: Reports claiming Macron would veto any Brexit delay is "pure speculation"

According to Bloomberg, responding to Le Point's report about French President Macro would veto any Brexit delay, a spokesman for the French presidency said that the report was "pure speculation" and the decision would be taken at the European Council meeting.
FX Street   |   Wed, 20 Mar 2019 15:13:05

UK fintechs might struggle to lure talent amid Brexit

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Brexit has raised concerns among financial services organizations over the UK's ability to lure tech talent from the EU in the future, ...
Eleni Digalaki / Business Insider   |   Wed, 20 Mar 2019 15:11:00

Germany: Expect EU decision on how to proceed with May's Brexit extension on Thursday

German Foreign Minister Heiko Maas said on Wednesday that he expected European leaders meeting at a summit in Brussels on Thursday to make a decision on how to proceed with British Prime Minister Theresa May's request for a three-month Brexit delay.
Reuters   |   Wed, 20 Mar 2019 15:06:49

Brexit: Theresa May urged to hold Final Say referendum as nearly 100 elected student leaders sign joint letter

Exclusive: Elected representatives for more than 825,000 students issue stark warning to MPs
Shehab Khan / The Independent   |   Wed, 20 Mar 2019 15:00:00

Khazanah Nasional Could Close UK and Turkish Offices

Malaysia's Khazanah Nasional Berhad is contemplating shuttering its London office, not so much over issues with Brexit, but in a bid to save money on costs, as the wealth fund shifts its strategic focus. Khazanah is also scaling back its presence in Turkey, as the wealth fund does not need ...
Site Director / Sovereign Wealth Fund Institute   |   Wed, 20 Mar 2019 14:51:39

Brexit: France hints it may refuse extension, GBP/USD slides

The French Foreign Minister said that his country has a clear message: either the UK ratifies the Brexit deal or it leaves without an accord. He adds that if UK PM Theresa May cannot guarantee that the House of Commons approves the deal, the European Council is set to turn ...
FX Street   |   Wed, 20 Mar 2019 14:51:04

Brexit delay until European elections no legal problem, says Germany

Delaying Britain's departure from the European Union until European elections in late May would not be legally problematic, a senior German official said on Wednesday, a day before EU leaders meet to discuss a possible extension.
Reuters   |   Wed, 20 Mar 2019 14:49:32

What Happens If You're On Holiday In Europe When Brexit Happens? Here's What You Need To Know

Sara Spary / Huffington Post   |   Wed, 20 Mar 2019 14:48:09

No-deal Brexit expected to have significant impact: UK minister

The impact of Britain leaving the European Union without a deal is expected to be significant in many areas, junior Brexit minister Chris Heaton-Harris said on Wednesday.
Reuters   |   Wed, 20 Mar 2019 14:44:26

EU Commission resists May's Brexit delay date of June 30: document

The European Commission opposes extending British membership of the European Union to June 30 as Prime Minister Theresa May proposed on Wednesday, according to a document seen by Reuters.
Reuters   |   Wed, 20 Mar 2019 14:43:19

Trading through Brexit - 19 March 2019 (video)

The 10 day countdown is on and in the absence of a deal, the UK is currently leaving the European Union without a deal. OANDA Senior Market Analyst Craig Erlam gives his views on where Brexit currently stands and how he see's events over the next 10 days playing out. ...
Craig Erlam / OANDA   |   Wed, 20 Mar 2019 14:28:41

Theresa May's dangerous volte-face

Article 50 switch will spark concern among UK business about risk of no-deal Brexit
FT   |   Wed, 20 Mar 2019 14:23:53

Brexit news - live: Brussels says no to Theresa May's June delay plea amid stormy PMQs clashes

Follow The Independent's live coverage of the day's political events
Shehab Khan, Lizzy Buchan / The Independent   |   Wed, 20 Mar 2019 14:18:00

France Contemplates Refusing Brexit Delay As Theresa May Seeks Article 50 Extension

Isabel Togoh / Huffington Post   |   Wed, 20 Mar 2019 14:05:25

Toyota teams up with Suzuki to build hybrid cars in UK

The vehicles will be produced at the car manufacturer's Burnaston plant in Derbyshire Toyota is to build a new hybrid electric vehicle in the UK for Suzuki, which is good news for an industry weighed down by Brexit fears. The new hybrid will be based on the Corolla model and ...
Staff and Reuters / Guardian   |   Wed, 20 Mar 2019 13:59:00

Labour will press its Brexit plan, open to compromise - spokesman

Britain's opposition Labour Party will continue seeking talks on its alternative Brexit plan and believes a proposed three-month delay to the country's EU exit would be long enough to agree a new deal, a party spokesman said on Wednesday.
Reuters   |   Wed, 20 Mar 2019 13:58:20

Brexitpalooza

From what I can tell from skimming the news... May wants to delay until June 30. The EU is saying "suck it, no" you only get until May 23. Macron is making noises about no delay without some more meaningful purpose behind it. May either will or won't resign if ...
Atrios / Eschaton   |   Wed, 20 Mar 2019 13:51:00

Brexit delayed? PM May requests three-month extension, EU pushes back

Prime Minister Theresa May asked for a three-month delay to Brexit on Wednesday to buy time to get her twice-rejected divorce deal though parliament, but the request faced immediate resistance from the European Commission.
Reuters   |   Wed, 20 Mar 2019 13:50:26

France takes note of May's decision to send Brexit deal to new vote

A senior official in President Emmanuel Macron's office said on Wednesday that France took note of British Prime Minister Theresa May's decision to send the Brexit divorce deal to a third vote in parliament.
Reuters   |   Wed, 20 Mar 2019 13:49:18

Just 13 Pence Brings This Satellite Down to Earth

Inmarsat's takeover isn't about Brexit or the heavy cost of putting satellites in space. It's about how long shareholders will wait.
Washington Post   |   Wed, 20 Mar 2019 13:49:04

Asked if long Brexit delay would make May resign, spokesman says way forward is clear

British Prime Minister Theresa May has sent a clear signal about what she believes is the correct way ahead on Brexit, her political spokesman said when asked if she could resign if the country's EU exit is delayed for longer than she wishes.
Reuters   |   Wed, 20 Mar 2019 13:41:19

Asked if long Brexit delay would make PM May resign, spokesman says way forward is clear

British Prime Minister Theresa May has sent a clear signal about what she believes is the correct way ahead on Brexit, her political spokesman said when asked if she could resign if the country's EU exit is delayed for longer than she wishes.
Reuters   |   Wed, 20 Mar 2019 13:40:57

UK PM May spokesman: PM May wants to bring MV3 ASAP

British Prime Minister Theresa May's spokesman recently crossed the wires in the last minutes saying that the PM wanted to bring the third meaningful vote on the Brexit deal as soon as possible and reiterated that it was up to the speaker to determine whether or not they came up ...
FX Street   |   Wed, 20 Mar 2019 13:37:03

Berlin welcomes British PM's clear request for Brexit extension

The German government welcomes British Prime Minister Theresa May's clear request for a three-month extension of the Brexit deadline beyond March 29, a spokesman said in Berlin on Wednesday.
Reuters   |   Wed, 20 Mar 2019 13:35:37

Theresa May Hints She Will Quit Rather Than Delay Brexit Beyond June 30

Ned Simons / Huffington Post   |   Wed, 20 Mar 2019 13:33:27

Berlin welcomes PM's clear request for Brexit extension

The German government welcomes British Prime Minister Theresa May's clear request for a three-month extension of the Brexit deadline beyond March 29, a spokesman said in Berlin on Wednesday.
Reuters   |   Wed, 20 Mar 2019 13:33:02

Granting Brexit delay to May is not automatic, says France

France said on Wednesday that the European Union would not automatically grant a delay to British Prime Minister Theresa May, who had earlier asked for a short extension to the Brexit negotiation period.
Reuters   |   Wed, 20 Mar 2019 13:24:44

Agreement on Brexit extension may happen next week: Spain

Spain's foreign minister said on Wednesday an agreement by the European Union to extend Brexit may only happen next week, just before March 29, when Britain is due to leave the bloc.
Reuters   |   Wed, 20 Mar 2019 13:23:43

Theresa May hints she will quit as PM if forced to accept a long delay to Brexit

Prime minister dramatically stakes her premiership on tomorrow's crunch EU summit
Rob Merrick / The Independent   |   Wed, 20 Mar 2019 13:18:00

German conservative: May's Brexit request void without parliament's backing

Theresa May's request for a Brexit extension lacks meaning without the support of parliament and the European Union should not decide on it before this becomes clear, a senior member of German Chancellor Angela Merkel's conservatives said.
Reuters   |   Wed, 20 Mar 2019 13:11:47

$1.3 trillion and 7,000 finance jobs leaving UK because of Brexit

Banks and other financial companies are shifting more assets and jobs out of the United Kingdom as the country lurches towards Brexit.
CNN   |   Wed, 20 Mar 2019 13:10:54

Britain's Theresa May asks EU to delay Brexit until June 30

The UK is currently due to leave the bloc on March 29, but MPs have twice rejected the PM's divorce deal with the EU.
Al Jazeera   |   Wed, 20 Mar 2019 13:08:49

Brexit And Glastonbury Look Set To Clash - Again

Connor Parker / Huffington Post   |   Wed, 20 Mar 2019 13:05:29

UK manufacturers in despair at Brexit impasse, says CBI

Total orders fall back in March as firms put off investment and stockpile goods Britain's manufacturers are in despair at the failure of politicians to end the Brexit impasse, according to the CBI, which reported a drop in output in March as businesses cut back production. Export order books increased ...
Phillip Inman / Guardian   |   Wed, 20 Mar 2019 13:04:30

Brexit delay doesn't rule out no-deal EU exit - May

Prime Minister Theresa May said on Wednesday that delaying Brexit by extending negotiations did not rule out the possibility that Britain could leave the European Union without a deal.
Reuters   |   Wed, 20 Mar 2019 13:03:34

Toyota Producing New Hybrid Car Model in UK Despite Brexit

Toyota have just announced that they will begin producing a new generation of hybrid cars at its factory in Derbyshire next year, despite the global car industry downturn. Ford announced last week that they were cutting 5,000 jobs in Germany, Brexit is not to blame for the car industry's global ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 20 Mar 2019 13:01:16

Britain has requested Brexit delay until June 30: Theresa May

Times of India   |   Wed, 20 Mar 2019 12:55:52

Brexit delayed: British PM May requests three-month extension

Prime Minister Theresa May requested a three-month delay to Brexit on Wednesday after her failure to get a deal ratified by parliament left the United Kingdom's divorce from the European Union in turmoil.
Reuters   |   Wed, 20 Mar 2019 12:54:16

Final agreement on Brexit extension may happen next week: Spain

Spain's foreign minister said on Wednesday an agreement by the European Union to extend Brexit may only happen next week, just before March 29, when Britain is due to leave the bloc.
Reuters   |   Wed, 20 Mar 2019 12:53:13

GBP/JPY plummets below 147.00 mark after May confirms a short Brexit delay

The GBP/JPY cross extended its intraday rejection slide from the 148.00 handle and was now seen weakening further below the 147.00 round figure mark. After yesterday's subdued price-action, the cross met with some fresh supply and now seems all set to extend last week's retracement slide from the 149.00 neighborhood, ...
FX Street   |   Wed, 20 Mar 2019 12:51:33

EU's Juncker warned PM May against Brexit extension beyond European elections

European Commission President Jean-Claude Juncker warned British Prime Minister Theresa May against requesting a Brexit delay beyond European Parliament elections due on May 24-26, unless the United Kingdom takes part, an EU spokeswoman said.
Reuters   |   Wed, 20 Mar 2019 12:51:17

EU commission opposes Theresa May request for Brexit extension until 30 June but will accept long delay

The European Commission opposes Theresa May's plan to delay Brexit until 30 June, according to a leaked internal EU diplomatic note.
Jon Stone / The Independent   |   Wed, 20 Mar 2019 12:50:00

May asks European Union for Brexit delay until June 30

Britain has asked EU leaders to delay Brexit until June 30, Prime Minister Theresa May told parliament on Wednesday, on eve of an EU summit ...
No Author / Japan Times   |   Wed, 20 Mar 2019 12:47:05

A Brexit delay will betray the people, UK eurosceptic tells PM

A Conservative eurosceptic lawmaker, Peter Bone, told Prime Minister Theresa May on Wednesday that she would betray the British people if she pursued a delay to Brexit, calling on her to change tack.
Reuters   |   Wed, 20 Mar 2019 12:46:55

British PM May requests three-month Brexit extension

Prime Minister Theresa May requested a three-month delay to Brexit on Wednesday after her failure to get a deal ratified by parliament left the United Kingdom's divorce from the European Union in turmoil.
Reuters   |   Wed, 20 Mar 2019 12:45:47

May seeks delay to Brexit to June 30 - letter

British Prime Minister Theresa May on Wednesday asked the European Union to delay Brexit until June 30.
Reuters   |   Wed, 20 Mar 2019 12:35:49

Britain's May asks for Brexit delay until June 30

British Prime Minister Theresa May said on Wednesday she had written to European Council President Donald Tusk to ask for an extension to the Brexit negotiation period until June 30 and that she was preparing for a third vote on her deal.
Reuters   |   Wed, 20 Mar 2019 12:35:23

Capital Markets: "Brexit Drama Continues but Fed Moves to Center Stage"

From Marc to Market: Overview: US stocks were not able to hold onto early gains yesterday, and this has helped set the stage for today's heavier bias. Asia Pacific markets were narrowly mixed, with Japan and Korea eking out small gains while China and Taiwan slipped a little. Europe's Dow ...
climateer / Climateer Investing   |   Wed, 20 Mar 2019 12:35:00

May Asks EU For Short Delay Of Brexit Until June 30

BERLIN (AP) - Prime Minister Theresa May has asked the European Union to delay Britain's departure from the European Union...
Cristina Cabrera / TPM   |   Wed, 20 Mar 2019 12:33:51

UK PM May: I am opposed to long Brexit extension, it is time to move on

British Prime Minister Theresa May said on Wednesday she was opposed to a long extension to the country's negotiations on leaving the European Union, saying it was time to move the national debate on to other subjects.
Reuters   |   Wed, 20 Mar 2019 12:33:38

May: I am opposed to long Brexit extension, it is time to move on

British Prime Minister Theresa May said on Wednesday she was opposed to a long extension to the country's negotiations on leaving the European Union, saying it was time to move the national debate on to other subjects.
Reuters   |   Wed, 20 Mar 2019 12:33:16

May Asks for Delay of Brexit Until June 30

Truthdig / truthdig   |   Wed, 20 Mar 2019 12:33:07

Theresa May requests Brexit extension until June 30

UK prime minister wants to avoid taking part in EU elections
FT   |   Wed, 20 Mar 2019 12:31:40

Theresa May asks for Brexit delay until June in letter to EU

Theresa May has formally requested that the EU agree to delay Brexit until the end of June.
Benjamin Kentish / The Independent   |   Wed, 20 Mar 2019 12:30:00

UK to lose £1tn of financial assets to Europe due to Brexit

Banks and investors forced to finalise plans only days from set departure date
FT   |   Wed, 20 Mar 2019 12:29:30

"It's A F**king Mess": Pound Slides As May Requests Brexit Extension

Update (8:30 am ET): Just when the situation couldn't get worse for May and the UK, a leaked report suggests in the most dire terms that the 11th hour breakthrough May had been hoping for at this weekend's summit probably isn't going to happen. According to headlines citing a leaked ...
Tyler Durden / Zero Hedge   |   Wed, 20 Mar 2019 12:25:24

EU Commission resists May's June 30 Brexit date: document

The European Commission opposes extending British membership of the European Union to June 30 as British Prime Minister Theresa May proposed on Wednesday, according to an EU document seen by Reuters.
Reuters   |   Wed, 20 Mar 2019 12:23:19

UK Labour leader Corbyn heads to Brussels on Thursday for Brexit meetings

British Labour leader Jeremy Corbyn said on Wednesday he would travel to Brussels to meet EU leaders and officials on Thursday, the day when Prime Minister Theresa May is seeking approval for her request for a delay to Brexit.
Reuters   |   Wed, 20 Mar 2019 12:23:14

EU's Juncker, UK PM May discuss Brexit on the phone

British Prime Minister Theresa May discussed the latest on Brexit with European Commission President Jean-Claude Juncker on Wednesday, a spokeswoman for the latter said ahead of an EU leaders' summit this Thursday and Friday.
Reuters   |   Wed, 20 Mar 2019 12:19:25

Theresa May Asks the EU to Delay Brexit Until June 30

The U.K. is currently due to leave the bloc in nine days
Associated Press / Time   |   Wed, 20 Mar 2019 12:19:02

EU's Tusk received Brexit delay letter from UK PM May: official

European Council President Donald Tusk received a formal letter from British Prime Minister Theresa May requesting a delay to Brexit, an EU official told Reuters.
Reuters   |   Wed, 20 Mar 2019 12:17:45

EU's Tusk received Brexit delay letter from PM May - official

European Council President Donald Tusk received a formal letter from British Prime Minister Theresa May requesting a delay to Brexit, an EU official told Reuters.
Reuters   |   Wed, 20 Mar 2019 12:14:49

Theresa May Sends Letter To EU Asking For Brexit To Be Delayed Until June 30

Ned Simons / Huffington Post   |   Wed, 20 Mar 2019 12:10:24

Dollar mixed ahead of Fed

USD - Fed to detail end of QE and possibly inflation targeting Trade War - Deal could occur over next two months Brexit - May wants short delay Oil - Softer on China concerns Gold - Rising on tame inflation and trade deal uncertainty The conclusion of the two-day Fed ...
Ed Moya / OANDA   |   Wed, 20 Mar 2019 12:05:24

How to watch the Brexit crunch like a pro

EU leaders are due to consider a request to extend the Brexit deadline on Thursday.
Charlie Cooper / Politico   |   Wed, 20 Mar 2019 12:01:57

Brexit live: Theresa May to seek three month exit extension

FT   |   Wed, 20 Mar 2019 12:01:43

UK's Labour to request emergency debate in parliament on Brexit delay

Britain's opposition Labour Party Brexit spokesman Keir Starmer will request an emergency debate in parliament on the length and purpose of any extension to the Article 50 Brexit negotiation period, the party said on Twitter.
Reuters   |   Wed, 20 Mar 2019 11:57:22

Labour to request emergency debate in parliament on Brexit delay

Britain's opposition Labour Party Brexit spokesman Keir Starmer will request an emergency debate in parliament on the length and purpose of any extension to the Article 50 Brexit negotiation period, the party said on Twitter.
Reuters   |   Wed, 20 Mar 2019 11:56:25

Decision on UK participation in EU elections due by mid-April: EU official

A decision on whether Britain should participate in the European Parliament election needs to be taken by mid-April, an EU official said on Wednesday, as British Prime Minister Theresa May is expected to ask the EU for a short delay to Brexit.
Reuters   |   Wed, 20 Mar 2019 11:49:00

No-deal Brexit happens next week and no one knows if the EU will stop it

Brexit is deep into its most crucial week since the last one.
CNN   |   Wed, 20 Mar 2019 11:45:47

Brexit Drama Continues But Fed Moves To Center Stage

Seeking Alpha   |   Wed, 20 Mar 2019 11:44:32

BoE likely to remain on sidelines - TDS

Analysts at TD Securities are expecting the BoE to remain quiet on the sidelines on Thursday as Brexit uncertainty peaks, with a unanimous 9-0 no-change policy meeting. Key Quotes "The economy is broadly tracking in line with their Feb forecasts." "With Brexit headlines intensifying, and the FOMC tonight, markets remain ...
FX Street   |   Wed, 20 Mar 2019 11:44:09

The Roots of Brexit

Countries band together to promote trade, defend human rights, protect the environment and repel threats. They sign treaties and join international groups, and each time they do, they give up a bit of their own sovereignty as independent countries. That happened in a big way with the creation of the ...
Washington Post   |   Wed, 20 Mar 2019 11:42:13

FOMC Drift Dead As Global Stocks Slide Ahead Of Fed

After yesterday's last day selloff, the FOMC Drift is again missing again this morning, with S&P futures in the red following a drop in Asian shares and a bigger slump in Europe, where the Brexit chaos returned after May said she would not seek a long delay from the EU ...
Tyler Durden / Zero Hedge   |   Wed, 20 Mar 2019 11:37:36

Remain would win second Brexit referendum but no deal would get more votes than Theresa May's deal, poll indicates

Survey comes as expectations of 'Final Say' vote grow
Harry Cockburn / The Independent   |   Wed, 20 Mar 2019 11:32:00