Brexit News Archive: 27 Mar 2019

GBP/USD Technical Analysis: Cable drops 60 pips as DUP is not supporting the Brexit deal

GBP/USD daily chart GBP/USD is trading in a bull trend above its main simple moving averages (SMAs). It has just been reported that the DUP (Democratic Unionist Party) is not supporting the Brexit deal and GBP/USD loses about 60 pips on the news. GBP/USD 4-hour chart GBP/USD is trading above ...
FX Street   |   Wed, 27 Mar 2019 21:12:30

Tory leadership battle: who could replace May?

Most potential successors come from the Conservatives' pro-Brexit wing
FT   |   Wed, 27 Mar 2019 21:07:20

Factbox: Conservative lawmakers who have switched to back UK PM May's Brexit deal

Prime Minister Theresa May is considering bringing her twice-defeated Brexit deal back to parliament after some of its eurosceptic opponents indicated they could change their minds and back it amid fears another loss could mean Britain staying in the European Union.
Reuters   |   Wed, 27 Mar 2019 21:02:53

Q+A: Theresa May offers to stand down as British prime minister, but there's a catch

Theresa May has announced to her party that she will not stay on as prime minister into the next stage of the Brexit process if her proposed withdrawal agreement is approved by the British parliament. Here's what we know so far. Why did the prime minister feel she needed to ...
Tom Quinn, Senior Lecturer, Department of Government, University of Essex / The Conversation   |   Wed, 27 Mar 2019 21:02:23

Northern Irish DUP says will not support UK PM May's Brexit deal

The Northern Irish party which props up Prime Minister Theresa May's government said on Wednesday it would not support her Brexit divorce deal.
Reuters   |   Wed, 27 Mar 2019 21:02:03

DUP Won't Support Theresa May's Brexit Deal Despite Her Promise To Resign

Graeme Demianyk / Huffington Post   |   Wed, 27 Mar 2019 21:00:21

Brexit: Arlene Foster says DUP will not support withdrawal agreement in crushing blow for Theresa May

Theresa May's Northern Irish DUP partners in government have said they will not support her Brexit deal if it is put to a vote again in the House of Commons.
Joe Watts / The Independent   |   Wed, 27 Mar 2019 20:53:00

Factbox: Conservative MPs who have switched to back UK PM May's Brexit deal

Prime Minister Theresa May is considering bringing her twice-defeated Brexit deal back to parliament after some of its eurosceptic opponents indicated they could change their minds and back it amid fears another loss could mean Britain staying in the European Union.
Reuters   |   Wed, 27 Mar 2019 20:50:30

Revolt of The Public

Martin Gurri' book The Revolt of The Public and the Crisis of Authority in the New Millennium has gotten *lots of praise. For example, Tyler: I am reading this splendid book for the first time. It basically explains why Brexit ... Continue reading →
Robin Hanson / Overcoming Bias   |   Wed, 27 Mar 2019 20:10:53

PM May's move falls short for many pro-Brexit Conservative lawmakers: ERG spokesman

British Prime Minister Theresa May's promise to leave office if her deal is passed by parliament has not convinced enough members of a hardline pro-Brexit Conservative group to back her agreement to leave the EU, a spokesman for the group said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 20:10:16

Brexit: MPs await results of votes on alternatives to Theresa May's deal

Alternatives to PM's deal, including a no-deal exit and a referendum, are being tested in the Commons.
BBC   |   Wed, 27 Mar 2019 20:07:51

MPs react to Theresa May's promise to quit

MPs respond to the PM's announcement that she will stand down if her Brexit deal is passed.
BBC   |   Wed, 27 Mar 2019 20:03:32

Longing for a life beyond Brexit

Even on a key day in Brexit, MPs have plenty else to discuss.
David M. Herszenhorn / Politico   |   Wed, 27 Mar 2019 20:01:41

Banks, Big Tech, & Bond Yields Tumble As Fed-Cred Collapses

Goldilocks? Inconceivable! After two ugly days, China stabilized last night European markets were volatile today but UK's FTSE continues to underperform as various Brexit deadlines loom... Meanwhile, German bund yields dropped back below JGB 10Y yields for the first time since 2016... US markets tumbled shortly after the ubiquitous opening ...
Tyler Durden / Zero Hedge   |   Wed, 27 Mar 2019 20:01:12

Theresa May has offered to quit. What happens next - at No 10 and for Brexit?

The Independent looks at possible scenarios following PM's decision to step down should her Brexit deal pass Commons
Ashley Cowburn / The Independent   |   Wed, 27 Mar 2019 19:58:00

Iris Dorbian wrote a new post, PE HUB Second Opinion, on the site PE Hub

British Prime Minister Theresa May promises to resign if the UK parliament backs her Brexit plan. U.S. health insurer Centene Corp on Wednesday said it would buy smaller rival WellCare Health Plans Inc for [...]
peHUB   |   Wed, 27 Mar 2019 19:45:19

MPs seize control to debate alternative Brexit plans

Backbenchers outline proposals that would replace PM's exit package
FT   |   Wed, 27 Mar 2019 19:45:15

BMW 'interested in taking over Honda's Swindon site'

Firm among several carmakers awaiting Brexit clarity before making investment decisions Hopes have been raised that Honda's Swindon plant could be saved after reports that BMW is interested in taking over the factory when the Japanese manufacturer leaves in 2021. Honda last month announced that it would cease production in ...
Jasper Jolly / Guardian   |   Wed, 27 Mar 2019 19:43:36

Theresa May says she's ready to quit if her Brexit deal is passed

​May told a meeting of Conservative lawmakers she would stand down if her divorce plan finally got through a bitterly-divided parliament, to ensure a smooth path for a new leader to begin the next step of negotiating the future relationship with the European Union.
Times of India   |   Wed, 27 Mar 2019 19:36:44

Theresa May Concedes Desire for 'New Leadership'

The U.K. prime minister says she is prepared to step down earlier than intended in order to win passage of her Brexit deal.
The Associated Press / truthdig   |   Wed, 27 Mar 2019 19:27:13

May spells out departure date in Brexit gambit

Prime minister struggled with non-existing parliamentary majority and mutinous party
FT   |   Wed, 27 Mar 2019 19:20:09

Determined to deliver Brexit, May puts her job on the line if Parliament OKs her deal

Faced with losing all control over the Brexit process, British Prime Minister Theresa May has made one final, desperate move: hinting she will step down ...
No Author / Japan Times   |   Wed, 27 Mar 2019 19:17:55

Sterling jumps on report Johnson to back PM May's Brexit deal

Sterling rose on Wednesday on a report that former British foreign minister Boris Johnson, a prominent eurosceptic, will now back Prime Minister Theresa May's Brexit deal after she promised to quit if her agreement passes in parliament.
Reuters   |   Wed, 27 Mar 2019 19:16:24

Boris Johnson to back Brexit deal, says ally

Johnson said he would back the deal because there was now a risk the UK would not leave at all.
Charlie Cooper / Politico   |   Wed, 27 Mar 2019 19:06:47

Brexit: Who could replace Theresa May as prime minister and Conservative leader?

The prime minister has said she will quit if her deal is approved by the House of Commons
Andrew Grice / The Independent   |   Wed, 27 Mar 2019 19:03:00

PM May move shows Brexit talks were just about party management - Labour's Corbyn

Britain's main opposition Labour leader Jeremy Corbyn said on Wednesday Prime Minister Theresa May's offer to step down in exchange for support for her deal showed her Brexit talks were "about party management, not ... the public interest".
Reuters   |   Wed, 27 Mar 2019 18:56:04

May looks to unblock Brexit by cutting deal in half

Splitting exit agreement and declaration could pass Bercow test on third vote
FT   |   Wed, 27 Mar 2019 18:52:19

Brexit: Lots of switching Tory MPs now backing Theresa May's deal

"Lots of switching Tory MPs including Boris Johnson are now coming over to back Theresa May's deal. If the vote is on Friday (subject to John Bercow) MPs might vote to leave on the day in law Britain was meant to leave - March 29," Chief political correspondent of The ...
FX Street   |   Wed, 27 Mar 2019 18:50:27

Boris Johnson Backs Theresa May's Brexit Deal Despite Once Calling It 'A Suicide Vest'

Arj Singh / Huffington Post   |   Wed, 27 Mar 2019 18:48:22

Leadership contest to replace May will begin after May 22 if Brexit deal passes

A leadership contest to replace British Prime Minister Theresa May will begin after May 22 if her deal to leave the European Union is passed by parliament, her office told Conservative MPs on Wednesday.
Reuters   |   Wed, 27 Mar 2019 18:47:32

Boris Johnson will now back UK PM May's Brexit deal - Times reporter

Boris Johnson, former British foreign minister and prominent eurosceptic, will now back Prime Minister Theresa May's Brexit deal after she promised to quit if it passes, the deputy political editor of The Times said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 18:46:18

Brexit: What happens now?

After failing twice to get her Brexit deal through Parliament, Theresa May has now secured a delay to Brexit.
BBC   |   Wed, 27 Mar 2019 18:44:56

Brexit: What John Bercow's intervention means for May's deal

Just as the government seemed poised to try and get its Brexit deal through again, the Speaker spoke up.
BBC   |   Wed, 27 Mar 2019 18:42:01

Whitney Tilson Is Looking For Bargains In Weed, Are You?!

Whitney Tilson's email to investors discussing cannabis webinar tonight; SEC vs. Musk hearing; Tesla hiding sales to third-party resellers; Colbert on Brexit; question 7. 1) I've been warning investors about the publicly traded pot stocks ever since the absolute peak [...] The post Whitney Tilson Is Looking For Bargains In ...
Jacob Wolinsky / Value Walk   |   Wed, 27 Mar 2019 18:35:25

GBP/USD Technical Analysis: Cable bears looking at 1.3150 ahead of Brexit vote

GBP/USD daily chart GBP/USD is trading in a bull trend above its main simple moving averages (SMAs). At 19:30 GMT, the UK Parliament is going to decide whether the UK PM May's Brexit Plan is valid or not. If the Parliament doesn't approve it, the odds of a hard Brexit ...
FX Street   |   Wed, 27 Mar 2019 18:29:02

Around 40 lawmakers switch to support PM May's Brexit deal, 40 undecided - Times reporter

Around 40 lawmakers have switched to supporting British Prime Minister Theresa May's Brexit divorce deal but around 40 are still undecided, The Times' deputy political editor cited a source in the European Research Group (ERG) of lawmakers as saying.
Reuters   |   Wed, 27 Mar 2019 18:26:21

UK PM Theresa May vows to quit if Brexit deal approved

May tells Conservative MPs she will step down if her EU divorce deal is passed by the British parliament.
Al Jazeera   |   Wed, 27 Mar 2019 18:24:37

UK Prime Minister plays final card to save her Brexit deal

CNN   |   Wed, 27 Mar 2019 18:20:43

UK PM Theresa May to quit if Brexit deal gets passed

UK PM Theresa May "will go if deal gets through," the lawmaker, who spoke on condition of anonymity, said.
Reuters / Financial Express   |   Wed, 27 Mar 2019 18:19:39

Brexit: Highly unlikely DUP will back May's deal - UTV

Northern Irish broadcaster UTV on Wednesday reported that the Democratic Unionist Party was very unlikely to give their support to British Prime Minister Theresa May's Brexit deal.
Reuters   |   Wed, 27 Mar 2019 18:18:35

Rees-Mogg says will back May's Brexit deal if DUP abstain

Jacob Rees-Mogg, a leading Brexiteer in Theresa May's Conservative Party, said he would back the prime minister's EU divorce deal if the Northern Irish DUP party that props up the government abstains on the issue.
Reuters   |   Wed, 27 Mar 2019 18:10:43

UK MPs debate Brexit options ahead of vote

CNN   |   Wed, 27 Mar 2019 18:10:36

Theresa May will quit to deliver Brexit, source says

British Prime Minister Theresa May will leave Downing Street once her twice-rejected Brexit withdrawal deal from the European Union has been delivered, according to a Conservative Party lawmaker. She did not give a date for her departure.
CNN   |   Wed, 27 Mar 2019 18:10:21

Britain's May says she will quit if her Brexit deal passes

British Prime Minister Theresa May said on Wednesday she would quit if her twice-defeated EU divorce deal passes at the third attempt, making a last-ditch bid to persuade rebels in her Conservative party to back her.
Reuters   |   Wed, 27 Mar 2019 18:09:07

UK's Rees-Mogg says will back May's Brexit deal if DUP abstain

Jacob Rees-Mogg, a leading Brexiteer in Theresa May's Conservative Party, said he would back the prime minister's EU divorce deal if the Northern Irish DUP party that props up the government abstains on the issue.
Reuters   |   Wed, 27 Mar 2019 18:08:28

May vows to quit after Brexit deal passed

Theresa May has promised Tory MPs she will stand down after her deal has been passed by Parliament.
BBC   |   Wed, 27 Mar 2019 18:04:27

Britain's Theresa May offers to step down to get Brexit deal passed

Britain's Prime Minister Theresa May on Wednesday offered to step aside to break a deadlock over her unpopular plan to the leave the European Union.
Kim Hjelmgaard, USA TODAY / USA Today   |   Wed, 27 Mar 2019 17:57:52

British PM May's Brexit statement to Conservative lawmakers

British Prime Minister Theresa May gave the following statement to lawmakers at a meeting of her Conservative Party's 1922 Committee on Wednesday, according to a text from her office.
Reuters   |   Wed, 27 Mar 2019 17:56:58

May says she will quit if her Brexit deal passes

British Prime Minister Theresa May said on Wednesday she would quit if her twice-defeated EU divorce deal passes at the third attempt, making a last-ditch bid to persuade rebels in her Conservative party to back her.
Reuters   |   Wed, 27 Mar 2019 17:56:46

UK PM May says ready to quit to save her Brexit deal

British Prime Minister Theresa May said she was prepared to quit in order to get her Brexit divorce deal approved by parliament.
Reuters   |   Wed, 27 Mar 2019 17:55:08

British Prime Minister Theresa May says she will quit if her Brexit deal is passed, according to lawmaker

British Prime Minister Theresa May said on Wednesday she would quit if her twice-defeated EU divorce deal passes at the third attempt, making a last-ditch attempt to persuade rebels in her Conservative party to back her, a lawmaker in her party said.May “will go if deal gets through,” said the ...
Reuters / South China Morning Post   |   Wed, 27 Mar 2019 17:55:02

May offers to quit in push to get Brexit deal passed

Prime minister tells MPs she will step down before trade talks begin with EU
FT   |   Wed, 27 Mar 2019 17:51:53

U.K. Prime Minister Theresa May Promises She Will Quit Once Brexit Deal Is Delivered

May did not set a date for her departure
Associated Press / Time   |   Wed, 27 Mar 2019 17:48:54

Theresa May promises to step down if MPs pass Brexit deal

The prime minister did not give a date for her departure.
Tom McTague / Politico   |   Wed, 27 Mar 2019 17:47:21

Theresa May Offers to Resign

British Prime Minister Theresa May has told Tory MPs she would not remain in her post for the next phase of the negotiations with the European Union if her Brexit deal passes the House of Commons, the BBC reports. Said May: "I am prepared to leave this job earlier than ...
Taegan Goddard / Taegan Goddard   |   Wed, 27 Mar 2019 17:34:08

May says she will quit if Brexit deal gets passed - lawmaker

British Prime Minister Theresa May told Conservative Party lawmakers on Wednesday that she would quit if her twice-defeated Brexit deal gets approved by parliament, a member of the parliament at the meeting said.
Reuters   |   Wed, 27 Mar 2019 17:33:19

Theresa May Tells Tory MPs She Will Step Down After "Delivering Brexit"

Update (1:30 pm ET): Though she declined to specify a date, May told Tory backbenchers that she will step down after "delivering Brexit," meaning that she will not lead the next phase of negotiations with the EU, where the two sides are expected to hash out a new trade agreement. ...
Tyler Durden / Zero Hedge   |   Wed, 27 Mar 2019 17:31:20

May Tells Tory MPs She Will Step Down as PM Before Next Stage of Negotiations

Theresa May has told Tory MPs at the 1922 Committee that she will step down as Prime Minister before the next stage of the Brexit negotiations. May has not yet put a definite date on her departure but she has committed to step down once her deal is passed. May ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 27 Mar 2019 17:28:15

Theresa May says she will resign as prime minister if it means her Brexit deal passes

The prime minister said: 'I am prepared to leave this job earlier than I intended in order to do what is right for our country and our party'
Joe Watts / The Independent   |   Wed, 27 Mar 2019 17:26:00

Theresa May Signals To Tory MPs She Will Quit Downing Street Once Brexit Delivered

Paul Waugh / Huffington Post   |   Wed, 27 Mar 2019 17:25:05

Jacob Rees-Mogg derides fellow Tory MPs over the public schools they went to

Old Etonian suggests MPs who went to Winchester College are intelligent but fundamentally wrong'
Benjamin Kentish / The Independent   |   Wed, 27 Mar 2019 17:24:00

May pursuing new vote on her Brexit deal on Friday - lawmaker

British Prime Minister Theresa May is pursuing a new vote on her Brexit deal on Friday but it will depend on parliament's Speaker allowing it, a Conservative lawmaker said on Wednesday citing the party's chief whip.
Reuters   |   Wed, 27 Mar 2019 17:23:22

UK PM May pursuing new vote on her Brexit deal on Friday: lawmaker

British Prime Minister Theresa May is pursuing a new vote on her Brexit deal on Friday but it will depend on parliament's Speaker allowing it, a Conservative lawmaker said on Wednesday citing the party's chief whip.
Reuters   |   Wed, 27 Mar 2019 17:20:54

Brexit votes: What options are MPs voting on?

MPs will vote on a range of Brexit options; what are they?
BBC   |   Wed, 27 Mar 2019 16:52:07

Anna Soubry threat: Man and woman arrested for tweeting the Remain MP: 'Remember what happened to Jo Cox'

Account also sent photo of crossbow captioned: 'We are ready for civil war... are you?'
Samuel Osborne / The Independent   |   Wed, 27 Mar 2019 16:48:00

UK government moves to make parliament sit on Friday, mulls Brexit vote - minister

Britain's government will file a motion to allow parliament to sit on Friday as the government considers bringing another vote in parliament on its Brexit divorce deal, Brexit minister Stephen Barclay said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 16:40:40

New focus on the foundations of the UK's economy might help poorest regions post-Brexit

Oldham, Greater Manchester, is one of the UK's most deprived places. Neil Among all the uncertainty Brexit is causing, concerns have arisen over the potential fuel it is adding to the pertinent problem of inequality. There is mounting evidence that post-Brexit, the economic and social disparities between the stronger and ...
Laura Reynolds, Policy and Data Analyst, University of Birmingham / The Conversation   |   Wed, 27 Mar 2019 16:39:20

Indicative Votes: Second Referendum And Cancelling Brexit Among 8 Options MPs Set To Have Their Say On

Rachel Wearmouth / Huffington Post   |   Wed, 27 Mar 2019 16:31:01

Tensions emerge between Dublin and Brussels over Irish border

EU directive on trade checks in event of no-deal Brexit causes strain in Ireland
FT   |   Wed, 27 Mar 2019 16:30:16

GBP/USD - British pound snoozes through Brexit fireworks

GBP/USD continues to drift this week. In Wednesday's North American trade, the pair is trading at 1.3207, up 0.01% on the day. On the release front, British CBI Realized Sales shocked with a reading of -18, compared to the forecast of 5 points. There are no major U.S. indicators out ...
Kenny Fisher / OANDA   |   Wed, 27 Mar 2019 16:17:56

Brexit: John Bercow warns PM over meaningful vote ruling

The Speaker tells the government that if it wants to bring back its EU withdrawal agreement then he will expect it to meet the "test of change"
BBC   |   Wed, 27 Mar 2019 16:16:50

Brexit ballot: What are the options MPs are voting on tonight?

MPs will vote on eight possible outcomes after backbenchers seized control of the Commons agenda
Benjamin Kentish / The Independent   |   Wed, 27 Mar 2019 16:15:00

Speaker Bercow warns third Brexit vote must be different

The House of Commons speaker John Bercow again warned the government on Wednesday it could not bring forward proposals for a vote in parliament on its Brexit divorce deal unless it was in a fundamentally different form.
Reuters   |   Wed, 27 Mar 2019 16:10:35

Regions and cities across Europe are increasingly worried about Brexit

What would be the consequences of Brexit for European regions? On March 14 and 15, the 8th European Summit of Regions and Cities was held in Bucharest, with more than 700 local elected representatives taking part in it. While the date and place were chosen to prepare the future informal ...
Amaury Bisiaux / New Federalist   |   Wed, 27 Mar 2019 16:10:00

John Bercow Warns Theresa May She Can't Have 3rd Brexit Deal Vote Without Changes

Arj Singh / Huffington Post   |   Wed, 27 Mar 2019 15:53:43

Brexit: Tory vice-chairman says there will be no minister for disabled people until crisis resolved

James Cleverly suggests there is no point in replacing Sarah Newton - in case there are further ministerial walkouts
Rob Merrick / The Independent   |   Wed, 27 Mar 2019 15:52:00

UK lawmakers to vote on eight Brexit proposals

British lawmakers will be able to vote on eight alternative Brexit options on Wednesday in a bid to find a way forward which could break the deadlock in parliament, the Speaker of the House of Commons said.
Reuters   |   Wed, 27 Mar 2019 15:51:43

Factbox: Conservative lawmakers who have switched to back PM May's Brexit deal

Prime Minister Theresa May is considering bringing her twice-defeated Brexit deal back to parliament after some of its eurosceptic opponents indicated they could change their minds and back it amid fears another loss could mean Britain staying in the European Union.
Reuters   |   Wed, 27 Mar 2019 15:50:05

Brexit: Speaker Bercow continues opposing voting on an unchanged Brexit deal, GBP/USD awaits indicative votes

The Speaker of the UK Parliament John Bercow has restated his statement from last week rejecting another vote on the exact same Brexit deal. The government considered bringing the Brexit deal to a third Meaningful Vote either on Thursday or on Friday. UK PM Theresa May will have to show ...
FX Street   |   Wed, 27 Mar 2019 15:45:39

What You Need to Know as the Brexit Deadline Nears

Just as the Brexit saga was about to come to an end, it got more dramatic and a lot more confusing. An already uncertain process was thrown into disarray as the U.K. Parliament twice rejected the divorce deal that Prime Minister Theresa May negotiated with the European Union. Members of ...
Washington Post   |   Wed, 27 Mar 2019 15:39:03

UK Parliament Faces Crucial Question: What Kind Of Brexit Does It Want?

Frustrated MPs tired of Prime Minister Theresa May's ineffectual handling of the Brexit process - which has badly damaged the public's confidence in the government - finally mustered the votes on Monday to seize control (at least temporarily) from No. 10 and force an indicative vote on alternatives to May's ...
sellputs / Hedge Accordingly   |   Wed, 27 Mar 2019 15:14:53

Abuse Of Politicians 'Worse Now' Than When My Sister Jo Cox Was Murdered, Kim Leadbeater Says

Sara C Nelson / Huffington Post   |   Wed, 27 Mar 2019 15:12:50

Jo Cox's sister: Political abuse has worsened since EU referendum

The sister of an MP murdered during the Brexit campaign has said political abuse has become "progressively worse" since the EU referendum.
Sky   |   Wed, 27 Mar 2019 15:04:00

How negotiable are the pathways outlined by the options for indicative votes?

MPs will take part in "indicative votes" on various Brexit options today. The Speaker has selected eight different motions for indicative voting. Open Europe's Dominic Walsh assesses how negotiable each option would be with the EU. The post How negotiable are the pathways outlined by the options for indicative votes? ...
Dominic Walsh / Open Europe   |   Wed, 27 Mar 2019 15:00:19

People's Vote march: when it comes to crowds, history shows it's not all about size

The recent People's Vote march demanding another say on Brexit in London has re-opened the debate about attendance figures which surfaces every time there is a mass protest. The argument hinges on a correlation between magnitude and success - protesters claim a million people marched while others have sought to ...
Dave Steele, PhD Candidate, University of Warwick / The Conversation   |   Wed, 27 Mar 2019 14:43:12

15 Government Vacancies Open As Theresa May Runs Out Of MPs To Call On

Jasmin Gray / Huffington Post   |   Wed, 27 Mar 2019 14:41:31

UK government should follow parliament's wishes on Brexit options - lawmaker Letwin

Britain's government should pursue any alternative Brexit path that gains a majority in parliament and if it does not, parliament will seek to force it to do so, the Conservative lawmaker leading the process said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 14:38:34

Parliament taking control of Brexit is worrying precedent - minister

Andrea Leadsom, who is in charge of the British government's business in parliament, said on Wednesday the government would oppose the business motion allowing lawmakers to take control of the Brexit process, calling it a worrying precedent.
Reuters   |   Wed, 27 Mar 2019 14:27:10

Conservative MPs to be given free choice on 'indicative' Brexit votes

Theresa May's cabinet ordered to abstain
FT   |   Wed, 27 Mar 2019 14:18:31

How Brexit brought Britain's constitution to the brink

It would be amusing but unhealthy at the moment to host a drinking game based on the use of the phrase crisis". The term has been uttered 155 times in parliament since the EU referendum (38 times in 2019 and 20 in the first three weeks of March alone). It ...
Matthew Cole, Teaching Fellow, Department of History, University of Birmingham / The Conversation   |   Wed, 27 Mar 2019 14:10:28

Bigger questions for Europe as it moves on from Brexit

UK's dilemmas are an irritating distraction from bloc's pressing challenges
FT   |   Wed, 27 Mar 2019 14:05:59

Cyprus backstop? Ireland is not the only island with Brexit muddle

While the European Union and Britain wrestle over the "Irish backstop" issue in their stalled Brexit agreement, a similar problem is taxing another island at the other end of the continent - Cyprus.
Kathimerini   |   Wed, 27 Mar 2019 13:58:39

Theresa May Stokes Rumours She Will Resign To Secure Her Brexit Deal

Ned Simons / Huffington Post   |   Wed, 27 Mar 2019 13:57:17

Brexit in play: parliament tries multiple choice as May's job on the line

The British parliament will try to find an alternative to Theresa May's twice-defeated Brexit deal on Wednesday as the prime minister readied a last ditch effort to win over rebels in her party, possibly by giving a timetable for quitting.
Reuters   |   Wed, 27 Mar 2019 13:54:25

Northern Ireland must be treated differently after No Deal Brexit: Irish PM

Northern Ireland must be treated differently from the rest of the United Kingdom immediately after a no-deal Brexit if a hard border on the island of Ireland is to be avoided, Ireland's Prime Minister Leo Varadkar said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 13:53:45

Daffodil and coffee worker shortages amid Brexit uncertainty

Brexit has been holding back recruitment, with curbs on EU immigration likely to damage the farming industry's growth, union bosses have said.
Sky   |   Wed, 27 Mar 2019 13:53:00

UK's Letwin: No need for new round of voting on Brexit options after Monday

Conservative lawmaker Sir Oliver Letwin crossed the wires recently saying that he didn't believe there needs to be any further round of voting after Monday on Brexit options. "Should the government's deal pass this week, would be no need to carry out the second stage of indicative votes next week," ...
FX Street   |   Wed, 27 Mar 2019 13:52:08

Labour will back customs union, new referendum as Brexit options: spokesman

Britain's opposition Labour Party will back Brexit proposals including keeping the country in the European Union's customs union and a new referendum when lawmakers vote alternatives to Prime Minister Theresa May's divorce deal on Wednesday.
Reuters   |   Wed, 27 Mar 2019 13:49:23

Conservative lawmakers allowed 'free vote' on Brexit options: UK lawmakers

Conservative lawmakers will be able to vote with their consciences, a so-called free vote, when considering alternative Brexit options later on Wednesday, two of them said.
Reuters   |   Wed, 27 Mar 2019 13:47:45

May: I can deliver Brexit if MPs back my deal this week

British Prime Minister Theresa May told lawmakers on Wednesday that she could fulfill her pledge to take Britain out of the European Union if they backed her divorce deal this week.
Reuters   |   Wed, 27 Mar 2019 13:20:55

What different types of Brexit will MPs vote on today?

Tonight MPs will vote on a range of different Brexit scenarios, as they try to find an alternative they can support over Theresa May's deal.
Sky   |   Wed, 27 Mar 2019 13:15:00

Retail sales fall as Brexit uncertainty weighs on consumers

Latest CBI figures show sales slid in March by the most since October 2017 UK retail sales fell in March at the fastest rate for more than a year, as Britain's mounting political crisis over Brexit weighed on consumers' willingness to spend, according to a survey of major retailers. The ...
Richard Partington / Guardian   |   Wed, 27 Mar 2019 13:14:16

How Brexit broke 'Team Ruth'

The 2017 election saw 13 Scottish Tory MPs united under the leadership of Ruth Davidson. But has Brexit cracked that unity?
BBC   |   Wed, 27 Mar 2019 13:08:47

Key Pro-Brexit Boffins Switching to the Deal

Brexiteers are waking up to the fact that the writing is on the wall after May's capitulation on no deal and the Benn / Letwin successful coup on Monday night. First Jacob Rees-Mogg, now Boris and even Dominic Cummings have effectively put themselves in Guido's camp of "the deal is ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 27 Mar 2019 13:05:35

Tusk urges European Parliament to consider long Brexit delay

The head of the European Council Donald Tusk urged the European Parliament on Wednesday to be open to a long Brexit extension and not to ignore the "increasing majority" of British people who wanted to remain in the European Union.
Reuters   |   Wed, 27 Mar 2019 13:02:09

Theresa May fails to deny she is about to 'ride off into the sunset' ahead of Tory showdown meeting

Prime minister fuels suggestions that she will set out a timetable for her departure at a 5pm meeting with her party
Rob Merrick / The Independent   |   Wed, 27 Mar 2019 12:54:10

Labour will back Brexit options which prevent bad deal and 'no deal' - spokesman

Britain's opposition Labour Party will support Brexit proposals which keep options on the table to prevent a bad Conservative exit deal or a 'no deal', the party's spokesman said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 12:41:22

May: I can deliver Brexit if lawmakers back my deal this week

British Prime Minister Theresa May told lawmakers on Wednesday that she could fulfill her pledge to take Britain out of the European Union if they backed her divorce deal this week.
Reuters   |   Wed, 27 Mar 2019 12:38:53

UK's Labour will back Brexit options which prevent bad deal and 'no deal': spokesman

Britain's opposition Labour Party will support Brexit proposals which keep options on the table to prevent a bad Conservative exit deal or a 'no deal', the party's spokesman said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 12:38:19

EUR/USD eased from tops, still below 1.1300

The pair loses upside momentum beyond 1.1280. The greenback rebounds from lows near 96.70. Brexit 'indicative votes' in centre stage later in the day. After a brief test of session highs beyond 1.1280, EUR/USD lost some upside traction and is now hovering over the 1.1270/60 band. EUR/USD now looks to ...
FX Street   |   Wed, 27 Mar 2019 12:37:38

Theresa May indicates she will push through Brexit deal 'this week'

Her words at prime minister's questions seen as signal 'meaningful vote' could come before weekend
FT   |   Wed, 27 Mar 2019 12:36:59

How a 'Customs Union' Could Define Post-Brexit Trade

With Prime Minister Theresa May's Brexit deal not yet approved, the U.K. may need to come up with a new plan for how it wants to trade with the European Union after the divorce. A customs union could well be part of the solution. Such an arrangement would keep goods ...
Washington Post   |   Wed, 27 Mar 2019 12:31:49

UK PM May: I can deliver Brexit if lawmakers back my deal this week

British Prime Minister Theresa May told lawmakers on Wednesday that she could fulfill her pledge to take Britain out of the European Union if they backed her divorce deal this week.
Reuters   |   Wed, 27 Mar 2019 12:30:24

Brexit: Labour set to order MPs to vote for second referendum

Motion tabled in name of former foreign secretary Dame Margaret Beckett would require a public vote before any deal with the EU
Ashley Cowburn / The Independent   |   Wed, 27 Mar 2019 12:23:00

Sting: Brexit 'will be a disaster'

Sting says that he hopes that Brexit will 'go away,' adding that he wants England to be part of Europe and that leaving is 'insane.' (March 27)
sellputs / Hedge Accordingly   |   Wed, 27 Mar 2019 12:10:42

Brexit with brie? Common Market 2.0 proposal explained - through the import and export of cheese

Amid the ongoing Brexit standoff, one proposal that has been gaining traction and which MPs will now vote on in a series of indicative votes in parliament, has been the cross-party plan for a "Common Market 2.0". Superficially, the plan resolves a number of the challenges posed by Brexit, including ...
Stuart MacLennan, Senior Lecturer in Law, Coventry University / The Conversation   |   Wed, 27 Mar 2019 12:08:09

Brexit: Labour is whipped to support second referendum indicative vote, GBP holds higher ground

The UK media, including ITV's Robert Peston and Paul Brand, is reporting that Labour, the main opposition party, will support and whip the amendment to support a second referendum. The amendment is part of the series of indicative votes that Parliament will hold and has been tabled by Dame Margaret ...
FX Street   |   Wed, 27 Mar 2019 12:05:11

Brexit live: MPs take control as May fights for deal

FT   |   Wed, 27 Mar 2019 12:02:28

What are the alternative Brexit options?

CNN   |   Wed, 27 Mar 2019 11:58:43

Brexit: DUP says it will vote for Malthouse plan

The Democratic Unionist Party's 10 members of parliament on Wednesday plan to vote for an alternative to British Prime Minister Theresa May's Brexit withdrawal agreement, deputy leader Nigel Dodds said.
Reuters   |   Wed, 27 Mar 2019 11:58:14

UK lawmakers take control of Brexit

CNN   |   Wed, 27 Mar 2019 11:55:58

Brexit: Donald Tusk says EU must not betray pro-Europe UK voters

European Council president says EU leaders should stay open to long Brexit extension
FT   |   Wed, 27 Mar 2019 11:53:12

Brexit Shenanigans Continue

Seeking Alpha   |   Wed, 27 Mar 2019 11:49:57

Brexit: DUP to support Malthouse Compromise Plan A in indicative votes

the Northern Irish Democratic Unionist Party's (DUP) Deputy Leader Nigel Dodds recently crossed the wires announcing that his party will support the Brexit proposal for the Malthouse compromise plan A in indicative votes later today. About Malthouse compromise plan A (via www.parliament.uk) That this House recognises the result of the ...
FX Street   |   Wed, 27 Mar 2019 11:48:56

What Is the Norway Model, and Can It Solve Brexit?

Here's why there's a lot of talk about Brexit and the Norway model.
Washington Post   |   Wed, 27 Mar 2019 11:44:20

Brexit in play: May's job on the line as parliament tries multiple choice

British Prime Minister Theresa May is expected on Wednesday to indicate a date for quitting as the price for getting her twice-defeated Brexit deal ratified, while parliament tries to select its own alternative from a multiple-choice list of options.
Reuters   |   Wed, 27 Mar 2019 11:43:18

'Dozens' of Conservatives still opposed to PM May's deal: UK lawmaker

Dozens of pro-Brexit Conservative lawmakers are still opposed to British Prime Minister Theresa May's deal to leave the European Union, one eurosceptic Conservative lawmaker said on Wednesday, adding the was holding firm.
Reuters   |   Wed, 27 Mar 2019 11:42:51

DUP MEP Dodds says party won't accept May's Brexit deal

The Democratic Unionist Party will not accept British Prime Minister Theresa May's proposed Brexit deal as it would endanger the integrity of the United Kingdom, the party's only member of the European Parliament said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 11:34:04

Sting: Brexit 'will be a disaster'

Sting says that he hopes that Brexit will 'go away,' adding that he wants England to be part of Europe and that leaving is 'insane.' (March 27)
AP, AP / USA Today   |   Wed, 27 Mar 2019 11:30:37

Brexit campaign chief: We would win another referendum by more

The chief of the 2016 "Vote Leave" Brexit campaign said on Wednesday that opponents of European Union membership should start rebuilding the network and that they would win by a bigger margin if there was another referendum.
Reuters   |   Wed, 27 Mar 2019 11:20:59

UK government rejects 'Revoke Article 50' petition

The petition to cancel Brexit got almost 6M signatures, the highest in the House of Commons' history.
Ian Geoghegan / Politico   |   Wed, 27 Mar 2019 11:11:09

What are indicative votes and how do they influence Brexit?

Non-binding votes to take place as support slowly grows for Prime Minister Theresa May's EU withdrawal agreement.
Al Jazeera   |   Wed, 27 Mar 2019 11:10:36

Dominic Cummings: Vote Leave chief found in contempt of parliament over refusal to give evidence to 'fake news' inquiry

Dominic Cummings has been found in contempt of parliament after refusing to give evidence to an inquiry that found "foreign influence and voter manipulation" in the Brexit vote.
The Independent   |   Wed, 27 Mar 2019 10:59:12

DUP says its Brexit position has not changed

The Democratic Unionist Party's (DUP) position on Brexit remains unchanged, a spokesman for the Northern Irish party which props up Prime Minister Theresa May's government said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 10:53:19

Factbox: Brexit multiple choice - How will UK parliament's indicative votes work?

British lawmakers will wrest control of the Brexit process from the government on Wednesday in order to try to find a majority for an alternative way forward that could break the parliamentary deadlock.
Reuters   |   Wed, 27 Mar 2019 10:25:22

Good Friday agreement will apply in all Brexit scenarios: EU's Barnier

The Good Friday agreement to bring peace to Northern Ireland will continue to apply in all Brexit scenarios, the European Union's chief Brexit negotiator Michel Barnier said on Wednesday.
Reuters   |   Wed, 27 Mar 2019 10:25:00

EUR/GBP remains bid near 0.8550, focused on 'indicative votes'

The cross is recovering ground lost and trades in the mid-0.8500s. EUR/GBP appears supported near 0.8520 this week. Attention is on upcoming Brexit 'indicative votes'. The now better tone in the riskier assets is helping EUR/GBP to keep the buying bias above 0.8500 the figure. EUR/GBP now focused on Brexit ...
FX Street   |   Wed, 27 Mar 2019 10:22:11

Brexit: EU's chief negotiator Michel Barnier says UK 'can stay'

Barnier says anything is possible until just before planned exit date of 12 April
Jon Stone / The Independent   |   Wed, 27 Mar 2019 10:22:00

To Brexit or Not to Brexit

Yet more Brexit to-ing and fro-ing.
Yves Smith / Naked Capitalism   |   Wed, 27 Mar 2019 10:17:39

EU's Barnier: Good Friday agreement will continue to apply in all Brexit scenarios

European Union Chief Brexit Negotiator Michel Barnier crossed the wires saying that the Good Friday agreement would continue to apply in all Brexit scenarios. Barnier further explained that all options for the UK were still on the table ahead of April 12 including staying in the EU and added that ...
FX Street   |   Wed, 27 Mar 2019 10:12:27

Have your say: What is the top risk facing DB schemes amid Brexit?

In this week's Pensions Buzz, we want to know what you think the top risk facing defined benefit schemes is, amid concerns over Brexit uncertainty.
Kim Kaveh / Professional Pensions   |   Wed, 27 Mar 2019 10:09:00

Brexit Shenanigans Continue

Wednesday March 27: Five things the markets are talking about Global equities traded mixed overnight as investors deal with some disappointing economic signals this month, along with a plethora of central banks decisively turning towards accommodation, shying away from rate normalization for the foreseeable future. A number of sovereign yields ...
Dean Popplewell / OANDA   |   Wed, 27 Mar 2019 10:07:35

EU urged to consider long Brexit delay for British "sphinx"

The head of the European Council urged the European Parliament on Wednesday to be open to a long Brexit extension and not to ignore the "increasing majority" of British people who wanted to remain in the European Union.
Reuters   |   Wed, 27 Mar 2019 09:54:57

Pound to Swiss Franc Forecast - Will GBP/CHF rates rise or fall on Brexit?

The Brexit date of 29th March has been delayed to the 12th April or the 22nd May as the EU provide a lifeline to the UK to help them avoid a no-deal scenario. This has helped the pound to rise and has provided some of the best rates to buy ...
Jonathan Watson / SNB CHF Blog   |   Wed, 27 Mar 2019 09:54:45

May expected to offer her job for Brexit deal as parliament tries multiple choice

British Prime Minister Theresa May is expected on Wednesday to indicate a date for quitting as the price for getting her twice-defeated Brexit deal ratified, while parliament tries to select its own alternative from a multiple-choice list of options.
Reuters   |   Wed, 27 Mar 2019 09:53:12

EU urged to consider long Brexit delay for British 'sphinx'

The head of the European Council urged the European Parliament on Wednesday to be open to a long Brexit extension and not to ignore the "increasing majority" of British people who wanted to remain in the European Union.
Reuters   |   Wed, 27 Mar 2019 09:50:29

Another dramatic day in UK Parliament

Another day, another vote in Parliament UK MPs will once again convene in Parliament on Wednesday for another series of Brexit votes, this time on a range of alternative options to that negotiated by Prime Minister Theresa May, who's deal has been rejected twice in the Commons. The aim of ...
Craig Erlam / OANDA   |   Wed, 27 Mar 2019 09:48:53

UK MPs to debate alternatives to Theresa May's plan

Future of British prime minister left hanging as MPs to vote on various Brexit proposals
Al Jazeera   |   Wed, 27 Mar 2019 09:47:58

UK Lawmakers Prepare to Vote on Alternatives to Brexit Deal

British parliamentarians are seeking to end an impasse following the overwhelming defeat of the deal negotiated by Prime Minister Theresa May.
DANICA KIRKA and JILL LAWLESS / The Associated Press / truthdig   |   Wed, 27 Mar 2019 09:45:57

EU's Verhofstadt: "We are open to change the Political Declaration" - Twitter

The European Parliament's Brexit coordinator Guy Verhofstadt was on the wires last minutes, via Twitter, with the key quotes noted below. "We are open to change the Political Declaration. First of all, by turning it into a more binding agreement between the EU and the UK. Secondly, by creating a ...
FX Street   |   Wed, 27 Mar 2019 09:44:26

Nigel Farage likens Brexit deal to Treaty of Versailles that drove Hitler's rise to power

Former Ukip leader makes outlandish claims of 'reparations' and 'annexations'
Jon Stone / The Independent   |   Wed, 27 Mar 2019 09:41:00

Cabinet minister Leadsom refuses to back May after Brexit

Move comes as speculation grows PM could announce departure to secure support for deal
FT   |   Wed, 27 Mar 2019 09:37:29

Parliament attempts to break Brexit deadlock

Seeking Alpha   |   Wed, 27 Mar 2019 09:33:20

Brexit ASMR: whispering the Withdrawal Agreement

Finally, here's something that makes Brexit relaxing.
BBC   |   Wed, 27 Mar 2019 09:29:06

Tusk urges European Parliament to stay open to long Brexit delay

Council president says EU must stand with millions opposing Brexit, who feel unrepresented in London.
Maïa de La Baume, David M. Herszenhorn / Politico   |   Wed, 27 Mar 2019 09:26:37

UK PM May might not announce resignation until MPs back Brexit deal - FT

Reuters reports the latest tweet by the Financial Times (FT)'s Political Editor George Parker, as he expressed his take on the potential resignation by the UK PM Theresa May. Parker said the close aides of the PM May could delay the announcement of her intention to quit until after a ...
FX Street   |   Wed, 27 Mar 2019 09:21:22

Brexit News Archive: 27 Mar 2019     |     enquire