Brexit News Archive: 29 Mar 2019

Week ahead: Turkey, Brexit, US jobs

FT   |   Fri, 29 Mar 2019 21:43:13

Theresa May suffers third Brexit defeat

Times of India   |   Fri, 29 Mar 2019 21:14:53

Five arrested at Brexit march as protesters descend on Downing Street

Five people have been arrested at the pro-Brexit March to Leave demonstration in London, police say.
Sky   |   Fri, 29 Mar 2019 21:07:00

Northern Irish DUP says United Kingdom trumps Brexit

The Northern Irish party which props up Prime Minister Theresa May's government said on Friday that defending the province's place in the United Kingdom was a priority that came ahead of delivering Brexit.
Reuters   |   Fri, 29 Mar 2019 21:00:29

Donald Trump’s Twitter use is Rupert Murdoch has ‘less influence’, says ex-PM Malcolm Turnbull

Right-wing media mogul Rupert Murdoch is widely described as one of the architects of the rise of Donald Trump, Brexit in the United Kingdom and the ousting of Australian prime minister Malcolm Turnbull last year.But Turnbull believes that the influence of news baron Murdoch – who owns pro-Trump broadcaster Fox ...
Finbarr Bermingham / South China Morning Post   |   Fri, 29 Mar 2019 21:00:05

Trade hopes buoy stocks, Brexit setback hits pound

Stock markets around the world moved higher on Friday following signs of progress in U.S.-China trade talks, while the British pound fell after lawmakers rejected Prime Minister Theresa May's Brexit agreement for the third time.
Reuters   |   Fri, 29 Mar 2019 20:39:25

Exclusive: Trump eager for trade deal with post-Brexit Britain - Bolton to Reuters TV

White House national security adviser John Bolton said on Friday that President Donald Trump is eager for a U.S. trade deal with Britain once it breaks away from the European Union.
Reuters   |   Fri, 29 Mar 2019 20:21:38

May running out of options after third Brexit defeat

PM eyes one more Commons vote on her exit deal, but MPs could back alternative plan
FT   |   Fri, 29 Mar 2019 19:15:38

Stocks fueled by trade hopes, Brexit setback hits pound, German yields

European asset prices were rattled after lawmakers rejected Prime Minister Theresa May's Brexit deal for a third time, leaving Britain's withdrawal from the European Union in turmoil.
Reuters / Financial Express   |   Fri, 29 Mar 2019 19:13:25

What's next for Brexit?

The question everyone is asking in Westminster after the third defeat of Theresa May's Brexit plan is, what happens next? The honest answer is no one really knows for sure. But there are some fixed points and other things that can be inferred.
CNN   |   Fri, 29 Mar 2019 19:11:07

Why on earth is Theresa May looking smug?

Image of the Week: The British PM gambled on her own unpopularity to get her Brexit plan through parliament-and lost The post Why on earth is Theresa May looking smug? appeared first on Macleans.ca .
Michael Fraiman / Macleans   |   Fri, 29 Mar 2019 18:57:43

Brexit's failure leaves the UK in a profound crisis

The only way forward is a delay, a rethink, and a softer form of EU exit
FT   |   Fri, 29 Mar 2019 18:51:25

May confronts Brexit choices she hoped never to face

UK prime minister caught between compromise and splitting her party
FT   |   Fri, 29 Mar 2019 18:38:19

Pro-Brexit supporters take over Parliament Square

Rival Leave Means Leave and Ukip camps protest at either end of space outside Houses of Parliament
FT   |   Fri, 29 Mar 2019 18:34:19

Spanish footballers fear for future in UK amid Brexit uncertainty

The government is due to roll out its EU settlement scheme this weekend, which more than 3m European citizens living in the UK will have to apply for if they want to stay after Brexit. 
Sky   |   Fri, 29 Mar 2019 18:13:00

General election a strong prospect as Theresa May's Brexit deal defeated for third time

Cabinet minister tells The Independent Conservatives are ready to attack Labour for blocking Brexit in the coming campaign
Joe Watts / The Independent   |   Fri, 29 Mar 2019 18:10:00

UK lawmakers reject PM Theresa May's Brexit deal in Parliament

An approval to the deal, struck between May and the EU, would have given the British parliament time until May 22 to get all the accompanying legislation passed.
PTI / Financial Express   |   Fri, 29 Mar 2019 18:01:11

Brexit: where do we go from here?

The FT's Sebastian Payne takes stock of a momentous week in Westminster
FT   |   Fri, 29 Mar 2019 17:31:45

London protests cause gridlock as Brexit vote raises tensions

CNN   |   Fri, 29 Mar 2019 17:17:30

No-deal Brexit fears rise as parliament sinks May's deal

Lawmakers rejected Prime Minister Theresa May's Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain's withdrawal from the European Union in turmoil on the very day it was supposed to quit the bloc.
Reuters   |   Fri, 29 Mar 2019 17:16:49

Brexit fallout: Britain reacts to delayed exit

The consensus appears to be that UK politicians must do more to try to navigate their way out of this political crisis.
Al Jazeera   |   Fri, 29 Mar 2019 17:05:50

Brexit: Emily Maitlis eviscerates Jacob Rees-Mogg on Newsnight for 'evoking slavery'

To say that Jacob Rees-Mogg isn't the most popular MP in Westminster is a bit of an understatement.
Greg Evans / The Independent   |   Fri, 29 Mar 2019 17:00:00

Business leaders say they are fed up paying price of uncertainty

All steps need to be taken to prevent no-deal Brexit, which they view as hugely damaging Business leaders have reacted with frustration and warned that Britain is increasingly succumbing to Brexit fatigue, severely damaging the economy, after parliament again failed to break the deadlock over leaving the EU. After Theresa ...
Richard Partington / Guardian   |   Fri, 29 Mar 2019 16:54:39

Remain Day: Anti-Brexit activists celebrate UK's failure to leave EU

Remainers co-opt 29 March celebrations to poke fun at Brexiteers
Tim Wyatt / The Independent   |   Fri, 29 Mar 2019 16:47:00

Chance of UK 'no-deal' Brexit has risen 'sharply', says France

French President Emmanuel Macron's office said on Friday the risk of Britain leaving the European Union without a deal had risen "very sharply" following parliament's rejection of Prime Minister Theresa May's withdrawal agreement for a third time.
Reuters   |   Fri, 29 Mar 2019 16:45:34

The FT's biggest stories and best reads every Friday

Miranda Green's top reads this week: Theresa May's Brexit gamble, Mueller's verdict and the battle for the best schools
FT   |   Fri, 29 Mar 2019 16:43:19

Brexit vote: Theresa May turns third time unlucky; here's what all happened till now

Theresa May's Brexit deal was defeated once again as the UK lawmakers rejected the deal for the third time on Friday leaving country's exit from the EU in jeopardy.
FE Online / Financial Express   |   Fri, 29 Mar 2019 16:35:40

Theresa May tried one last Brexit - a half-Brexit played out by a marching flute band - but they still said no

Whatever it did or didn't mean, this meaningful vote with no meaning, it lost, again, by miles
Tom Peck / The Independent   |   Fri, 29 Mar 2019 16:35:00

Pound Primed For Brexit Surprise

Seeking Alpha   |   Fri, 29 Mar 2019 16:30:24

UK PM May to press on with talks to secure support for Brexit deal - spokesman

British Prime Minister Theresa May will press on with talks to secure support for her Brexit deal, her spokesman said on Friday, just minutes after parliament rejected it for a third time.
Reuters   |   Fri, 29 Mar 2019 16:30:17

GBP/USD: Investors to shift to a sell-on-rallies stance as Brexit tensions mount - TDS

"Despite last-minute scrambles to bring MPs over to supporting her deal, May's Withdrawal Agreement failed yet again in the House of Commons, losing 344 to 286. Key to this loss was that the DUP, hard ERG brexiters, and Labour rebels did not support her deal," note TD Securities analysts. Key ...
FX Street   |   Fri, 29 Mar 2019 16:20:18

US and UK markets regulators to co-operate in a no-deal Brexit

FT   |   Fri, 29 Mar 2019 16:15:41

GBP/USD recovers above 1.30 following the initial sell-off triggered by Brexit vote

PM May's Withdrawal deal gets rejected by a majority of 58 on Friday. US Dollar Index struggles to push higher after disappointing inflation data. UK GDP expands by 0.2% in Q4 as expected. The GBP/USD pair came under heavy bearish pressure and slumped to its lowest level since March 11 ...
FX Street   |   Fri, 29 Mar 2019 16:15:26

No-deal Brexit will put endangered forest giraffes at risk, experts warn

'Brexit is very bad news for conservation breeding,' says Sander Hofman, general curator of Antwerp Zoo
Toyin Owoseje / The Independent   |   Fri, 29 Mar 2019 16:06:52

GBP/JPY Technical Analysis: Sterling sub-145.00 against Yen as Brexit saga goes on

GBP/JPY daily chart GBP/JPY is trading in a consolidation below its 200-day simple moving averages (SMA). Brexit Vote 3 Quick Analysis: Parliament took the pound down, but could lift it on Monday. GBP/JPY 4-hour chart GBP/JPY is trading below its 200 SMA suggesting a bearish bias in the medium-term. GBP/JPY ...
FX Street   |   Fri, 29 Mar 2019 16:04:29

Brexit takes rap for securitisation regs hold-up

The simple, transparent and standardised regulation regime for securitisation is being delayed because EU translators are too busy working on documents about Brexit, according to market participants.
IFR   |   Fri, 29 Mar 2019 16:00:00

Business 'devastated' by Brexit vote

Industry bodies say the Brexit uncertainty puts the UK's reputation, jobs and livelihoods at stake.
BBC   |   Fri, 29 Mar 2019 15:59:10

What next for alternative Brexit options?

MPs are expected to vote for a second time on a range of Brexit options
BBC   |   Fri, 29 Mar 2019 15:59:02

Brexit: MPs reject May's EU withdrawal agreement

The PM says a longer Brexit delay is "almost certain" after losing by 58 votes - Labour says she must quit now.
BBC   |   Fri, 29 Mar 2019 15:54:30

Brexit: After "grave" defeat, PM Theresa May says Britain is running out of options

"I fear we are reaching the limits of this process in this House"
Reuters / Financial Express   |   Fri, 29 Mar 2019 15:54:03

Theresa May loses another Brexit vote: here's why April 12 is now the key date to watch

On the day that the United Kingdom was supposed to exit from the European Union, members of parliament effectively voted down Theresa May's Brexit deal for a third time, despite her attempts to change the substance of the motion on which they were deciding. The House of Commons voted 344 ...
Kenneth Armstrong, Professor of European Law, University of Cambridge / The Conversation   |   Fri, 29 Mar 2019 15:53:51

Theresa May's EU Brexit deal rejected by Parliament a third time

Britain now has until April 12 to announce a new plan to leave the European Union, or leave the bloc without a deal and risk a disorderly exit.
Kim Hjelmgaard, USA TODAY / USA Today   |   Fri, 29 Mar 2019 15:53:21

May's Brexit plan suffers THIRD defeat - EU calls emergency summit

CNN   |   Fri, 29 Mar 2019 15:50:23

Brexit: Leave supporters rally outside Parliament

Crowds of Brexit supporters gather in Westminster to protest against the delay to Brexit.
BBC   |   Fri, 29 Mar 2019 15:48:27

UK could ask for another short extension, PM May open to change political declaration

Citing government officials, Bloomberg reported that British Prime Minister Theresa May is open to changing the Brexit political declaration and could ask the EU for another short extension. Furthermore, PM May's spokesman recently told reporters that although the result was not what they wanted, it was a good sign to ...
FX Street   |   Fri, 29 Mar 2019 15:44:09

Brexit day is here but Britain isn't leaving the EU, at least not yet

CNN   |   Fri, 29 Mar 2019 15:43:03

The Brexit mess is a national embarrassment

CNN   |   Fri, 29 Mar 2019 15:40:51

Risk of no deal Brexit 'very real': Dutch PM Rutte

Dutch Prime Minister Mark Rutte said on Friday that Britain could now leave the European Union without a deal, after UK lawmakers rejected for a third time a withdrawal agreement negotiated by the EU and Prime Minister Theresa May.
Reuters   |   Fri, 29 Mar 2019 15:37:26

Brexit: No deal would subject hospitals across EU to shortages of tens of thousands of vital items, German minister warns

Tens of thousands of products likely to become unavailable almost overnight, Jens Spahn warns
Tim Wyatt / The Independent   |   Fri, 29 Mar 2019 15:36:15

Hard Brexit will happen if no new British plan - Austria's Kurz

Austrian Chancellor Sebastian Kurz said on Friday that unless Britain came up with a Brexit plan in the next two weeks there would be a "hard" British departure from the European Union.
Reuters   |   Fri, 29 Mar 2019 15:31:07

How the US Federal Reserve is financing climate change by taking its cue from modern monetary theory

Visiting Washington, London and Beijing over the past fortnight has left me confused. In Washington, the mood is “my way or the highway”, in London, “if Brexit, a May exit” and in Beijing, the “Belt and Road events demonstrate that going forward, anything is possible. The submission of the long-awaited, ...
Andrew Sheng / South China Morning Post   |   Fri, 29 Mar 2019 15:30:08

Sterling slips below $1.30 after MPs reject May Brexit plan

Fresh bout of uncertainty over Brexit hits UK currency
FT   |   Fri, 29 Mar 2019 15:29:02

Brexit supporters: Vote failure is 'blatant betrayal of democracy'

NBC News' Ali Arouzi talks to Brexit supporters protesting outside Parliament after lawmakers again failed to resolve a plan for the UK's departure from the EU.
MSNBC   |   Fri, 29 Mar 2019 15:28:34

May suffers fresh defeat on Brexit plan vote

MPs vote 344 to 286 against prime minister's third attempt to win backing for deal
FT   |   Fri, 29 Mar 2019 15:25:28

Protests underway after UK lawmakers reject Brexit deal

NBC News' Bill Neely reports from London where thousands have gathered outside Parliament in protest of lawmakers' handling of Brexit.
MSNBC   |   Fri, 29 Mar 2019 15:25:05

Defeat plunges UK further into crisis

UK lawmakers rejected Theresa May's Brexit deal for a third time on Friday, likely killing it off for good and plunging the country further into political uncertainty.
CNN   |   Fri, 29 Mar 2019 15:24:42

Brexit: How did my MP vote on the withdrawal agreement?

Check how your MP voted on the withdrawal agreement, covering the terms of exiting the EU.
BBC   |   Fri, 29 Mar 2019 15:24:15

Brexit vote: Jeremy Corbyn calls for Theresa May to go

Labour leader Jeremy Corbyn called for Theresa May to resign and call an election after MPs rejected her EU withdrawal agreement.
BBC   |   Fri, 29 Mar 2019 15:19:57

EUR/GBP Techncial Analysis: Euro jumps to 0.8650 on Brexit votes

EUR/GBP daily EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs). All eyes on the third and last Brexit vote. EUR/GBP 4-hour chart EUR/GBP is trading above its main SMAs suggesting a bullish bias in the medium-term. EUR/GBP 30-minute chart EUR/GBP is trading above its ...
FX Street   |   Fri, 29 Mar 2019 15:19:49

Brexit: What happens now?

UK PM Theresa May has failed three times to get her Brexit deal through Parliament. What happens now?
BBC   |   Fri, 29 Mar 2019 15:11:13

UK lawmakers reject Brexit deal for third time

Lawmakers in parliament's lower House of Commons defied May's plea to end the political deadlock that has plunged Britain into crisis, and defeated her withdrawal agreement by 344 votes to 286. Britain had been due to leave the EU on Friday, the long-heralded March 29 "Independence Day", but faced with ...
Times of India   |   Fri, 29 Mar 2019 15:10:48

Brexit: Theresa May's deal defeated for third time

UK prime minister's EU withdrawal agreement rejected by 344 votes to 286
FT   |   Fri, 29 Mar 2019 15:10:19

'Brexit day' in Middlesbrough: 'People are sick of the government'

Residents are less worried about crashing out of EU than holding politicians to account
FT   |   Fri, 29 Mar 2019 15:08:26

EUR/USD eases to 1.1220 on Brexit vote, upbeat U-Mich

The pair leaves the upper end of the range near 1.1240. PM May was defeated once again at today's vote. Upside in EUR/GBP weighs on the pair after the vote. EUR/USD is now shedding some ground to the 1.1220 region although it keeps the positive note for the time being. ...
FX Street   |   Fri, 29 Mar 2019 15:05:28

After "grave" defeat, May says Britain is running out of Brexit options

British Prime Minister Theresa May said on Friday that lawmakers' "grave" decision to reject her Brexit deal for a third time meant that parliament was running out of options for how Britain should leave the European Union.
Reuters   |   Fri, 29 Mar 2019 15:01:25

UK lawmakers reject Prime Minister Theresa May’s Brexit deal for a third time, opening door to ‘no deal’ EU divorce, or lengthy delays

British MPs on Friday rejected Prime Minister Theresa May’s EU divorce deal for a third time, opening the way for a long delay to Brexit – or a potentially catastrophic “no deal” withdrawal in two weeks.Lawmakers in parliament’s lower House of Commons defied May’s plea to end the political deadlock ...
Agence France-Presse / South China Morning Post   |   Fri, 29 Mar 2019 15:00:34

How MPs voted on May's withdrawal deal defeat

Visual analysis: see how your MP voted
FT   |   Fri, 29 Mar 2019 15:00:05

May's statement following Brexit defeat

British lawmakers rejected Prime Minister Theresa May's divorce deal with the EU for the third time by 344 to 286 votes.
Reuters   |   Fri, 29 Mar 2019 14:59:15

Brexit: No deal 'likely' on April 12 after Theresa May's deal rejected by MPs for third time, says EU Commission

The PM now has until April 12 to come up with new proposals to take to Brussels
Lizzy Buchan / The Independent   |   Fri, 29 Mar 2019 14:59:00

May must make way for new leader to take on Brexit - eurosceptic lawmaker

British Prime Minister Theresa May must make way for a new leader and acknowledge that her deal to leave the European Union is pro-Brexit Conservative lawmaker Steve Baker said on Friday.
Reuters   |   Fri, 29 Mar 2019 14:55:31

U.K. Rejects Brexit Deal for 3rd Time, Leaving the Plan for Exiting the E.U. in Tatters

The House of Commons voted 286-344 against the withdrawal agreement
DANICA KIRKA and JILL LAWLESS / AP / Time   |   Fri, 29 Mar 2019 14:55:18

The moment lawmakers reject May's Brexit deal

Members of Parliament have rejected Theresa May's Withdrawal Agreement for the third time, plunging Brexit into further uncertainty.
CNN   |   Fri, 29 Mar 2019 14:55:07

EU leaders to meet on Brexit on April 10: summit chair Tusk

European Union leaders will meet on April 10 to discuss Britain's departure from the bloc, summit chair Donald Tusk said after British lawmakers rejected a deal for a third time on Friday.
Reuters   |   Fri, 29 Mar 2019 14:52:28

GBP/USD Technical Analysis: Cable volatile on Brexit chaos

GBP/USD daily chart GBP/USD is trading is in consolidation mode above its 200-day simple moving average (SMAs). GBP/USD is very volatile as the Brexit votes are unfolding. GBP/USD 4-hour chart GBP/USD is trading below its main SMAs suggesting a bearish momentum in the medium-term. GBP/USD 30-minute chart GBP/USD is trading ...
FX Street   |   Fri, 29 Mar 2019 14:48:38

France's Macron: time to accelerate final preparations for no Brexit deal

French President Emmanuel Macron on Friday said that if British Prime Minister Theresa May failed to secure parliament's support for her Brexit withdrawal agreement by April 12 then Europe would decide with Britain on the timeframe for its exit.
Reuters   |   Fri, 29 Mar 2019 14:46:56

Brexit is not a disappointment - yet

Leavers are poised to get much more than they hoped for in 2016
FT   |   Fri, 29 Mar 2019 14:45:20

Brexit: UK's Theresa May loses crucial vote on EU divorce deal

Embattled prime minister suffers a third major defeat on Brexit as the UK heads for a 'no-deal' exit on April 12.
Al Jazeera   |   Fri, 29 Mar 2019 14:42:56

House of Commons rejects Brexit divorce deal for third time

MPs voted by 344 votes to 286 to reject the Withdrawal Agreement.
Charlie Cooper, David M. Herszenhorn / Politico   |   Fri, 29 Mar 2019 14:42:33

Brexit vote: Theresa May's deal rejected by MPs again despite winning support from Tory rebels

Prime minister warns of long delay to EU exit after Commons defeats withdrawal agreement by 58 votes
Benjamin Kentish / The Independent   |   Fri, 29 Mar 2019 14:42:00

Angry over Brexit delay, 'Leave' supporters march through London

Thousands of people opposed to Britain delaying its departure from the European Union marched through central London on Friday as the government scrambled to salvage its Brexit plan.
Reuters   |   Fri, 29 Mar 2019 14:37:30

May urges parliament to back divorce deal, guarantee Brexit

British Prime Minister Theresa May urged parliament on Friday to back her divorce deal with the European Union, saying it was the only way for parliament to guarantee Brexit would happen.
Reuters   |   Fri, 29 Mar 2019 14:35:46

Brexit: Macron says EU will decide timeframe for no-deal if Theresa May's deal not approved by April 12

French prime minister warns risk of UK crashing out of Europe without an agreement is real
Tom Embury-Dennis / The Independent   |   Fri, 29 Mar 2019 14:35:00

UK should leave EU with no deal, says former Bank of England governor

Mervyn King says Britain could ease 'dislocation costs' with six months of planning The former governor of the Bank of England, Mervyn King, has attacked MPs over their handling of Brexit and called for Britain to leave the EU without a deal after six months of preparation. In an extraordinary ...
Richard Partington Economics correspondent / Guardian   |   Fri, 29 Mar 2019 14:31:11

Passing EU withdrawal deal most important step in Brexit process - Dutch PM

Dutch Prime Minister Mark Rutte said on Friday the British parliament's approval of the European Union withdrawal agreement would significantly increase the chances of an orderly Brexit by May 22.
Reuters   |   Fri, 29 Mar 2019 14:30:32

UK PM May: This is the last opportunity to guarantee Brexit

Addressing the House of Commons one last time before the critical Brexit vote, British Prime Minister Theresa May said that she remains committed to having the UK leave the EU and reiterated that this was the last opportunity to guarantee Brexit.
FX Street   |   Fri, 29 Mar 2019 14:22:35

Brexit latest: What will happen now MPs have rejected Theresa May's deal for a third time?

What does the prime minister's latest defeat mean for Brexit, her premiership and the prospects of a general election?
Benjamin Kentish / The Independent   |   Fri, 29 Mar 2019 14:20:00

No-deal Brexit 'really likely', says top EU Brexit advisor

Michel Barnier also says no-deal has 'become more likely'
Jon Stone / The Independent   |   Fri, 29 Mar 2019 14:16:00

More than a million UK small businesses see Brexit as major obstacle to success

Alarm call. Sebestyen Balint When it comes to how Brexit will affect business, much of the debate in the UK has focused on large firms, particularly international ones such as Honda and Nissan. The CBI, which mainly represents big business, has been tirelessly warning of the economic dangers of a ...
John O.S. Wilson, Professor of Banking & Finance, University of St Andrews / The Conversation   |   Fri, 29 Mar 2019 14:09:06

Third time lucky? UK lawmakers hold new vote on Brexit deal

Times of India   |   Fri, 29 Mar 2019 14:03:33

Brexit at a crossroads: May puts her deal to 'last chance' vote in parliament

Prime Minister Theresa May puts a stripped-down version of her twice-defeated Brexit divorce deal to a vote in parliament on Friday, in an attempt to break the impasse over the United Kingdom's exit from the European Union.
Reuters   |   Fri, 29 Mar 2019 13:44:36

If Brexit deal fails Friday, UK has till April 12 to decide: Barnier

Britain will need to tell the European Union what it wants to do on Brexit by April 12 if parliament fails on Friday to back the EU withdrawal treaty, the bloc's negotiator Michel Barnier said.
Reuters   |   Fri, 29 Mar 2019 13:43:23

Britain is getting a new anti-Brexit party called Change UK

Britain is getting a new political party opposed to Brexit.
CNN   |   Fri, 29 Mar 2019 13:36:12

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

Prime Minister Theresa May will put a stripped-down version of her twice-defeated Brexit divorce deal to a vote in parliament on Friday in an attempt to break the impasse over the United Kingdom's exit from the European Union.
Reuters   |   Fri, 29 Mar 2019 13:28:39

Michel Barnier: EU open to customs union with UK

On what was meant to be Brexit day, EU negotiators urges British MPs 'to tell what they want.'
David M. Herszenhorn, Micha Broniatowski / Politico   |   Fri, 29 Mar 2019 13:27:09

Brexit has 'left our lifestyle in limbo'

Recently retired Pat and John say their motor home travel plans are on hold because of Brexit.
BBC   |   Fri, 29 Mar 2019 13:17:30

EU's Barnier: EU is willing to have a permanent customs union with UK

Speaking at a lecture in Warsaw, European Union Chief Brexit Negotiator Michel Barnier said that the EU is willing to have a customs union with the UK. With investors staying focused on Parliamentary vote at 14:30 GMT, the GBP/USD pair didn't show a notable reaction and was last up 0.35% ...
FX Street   |   Fri, 29 Mar 2019 13:12:18

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

Prime Minister Theresa May will put a stripped-down version of her twice-defeated Brexit divorce deal to a vote in parliament on Friday in an attempt to break the impasse over the United Kingdom's exit from the European Union.
Reuters   |   Fri, 29 Mar 2019 13:11:55

UK households spend above their income for longest period since 1980s

Average families have been net borrowers since just after Brexit referendum, says ONS British households have spent more than they received for an unprecedented nine consecutive quarters amid a longer squeeze on real incomes, according to official figures. Households across the country have been net borrowers in every quarter between ...
Richard Partington Economics correspondent / Guardian   |   Fri, 29 Mar 2019 13:07:11

Poland advocates for a long Brexit delay if deal not passed: PM

Warsaw is ready for another Brexit delay if London fails to ratify the European Union withdrawal agreement on Friday, Polish Prime Minister Mateusz Morawiecki said after talks with the bloc's chief negotiator Michel Barnier.
Reuters   |   Fri, 29 Mar 2019 12:59:59

Former UK Brexit minister Raab says he will back PM May's deal on Friday

Former Brexit minister Dominic Raab said he would vote for the government's Withdrawal Agreement on Friday to avoid the risk of Britain having to seek a longer delay to its exit from the European Union.
Reuters   |   Fri, 29 Mar 2019 12:59:41

Brexit: What is the deal MPs are voting on?

MPs will vote for a third time on Theresa May's Brexit deal, but only on the withdrawal agreement.
BBC   |   Fri, 29 Mar 2019 12:45:36

DUP's Wilson says party will not support Brexit deal today or in the future

Democratic Unionist Party lawmaker Sammy Wilson said on Friday he, and the rest of his party, would oppose the government's attempt to get approval for its European Union Withdrawal Agreement at a vote later and on future occasions.
Reuters   |   Fri, 29 Mar 2019 12:22:03

'No-deal' Brexit puts rare giraffes at risk too

Amid all the hand-wringing from businessmen and politicians about potential risks from a 'no-deal' Brexit, zookeepers are worried too - especially for a group of rare forest giraffes.
Reuters   |   Fri, 29 Mar 2019 12:05:12

EUR/GBP breaks below the 100-day SMA to fresh lows near 0.8550

The better tone in GBP drags the cross lower to the mid-0.8500s. Positive headlines around Brexit help the Sterling. May's plan could be backed by some Labour MPs. The now better mood around the British Pound is dragging EUR/GBP to test fresh lows in the mid-0.8500s, although rebounding soon afterwards. ...
FX Street   |   Fri, 29 Mar 2019 11:59:29

Brexit Vote: What The Hell Are MPs Actually Voting On Today - And What Will It Mean?

Jasmin Gray / Huffington Post   |   Fri, 29 Mar 2019 11:55:12

GBP/USD: Sharp intraday turnaround falters ahead of mid-1.3100s, focus remains on Brexit vote

• News that Dominic Raab will back May's Brexit deal prompts some aggressive short-covering move. • DUP maintained its position to vote against May's deal and kept a lid on any strong follow-through. The GBP/USD pair rallied over 100-pips in the last hour and surged through the 1.3100 handle in ...
FX Street   |   Fri, 29 Mar 2019 11:50:24

Grayling tries to sell ferry capacity due to Brexit delay

UK attempts to recoup millions of pounds of taxpayers' money spent on no-deal plan
FT   |   Fri, 29 Mar 2019 11:48:37

Brexit day: Brexiteers and right-wing newspapers vent rage over failure to leave EU today

'We should have left without a deal at 11 o'clock, that's what people expected,' Jacob Rees-Mogg claims
Tim Wyatt / The Independent   |   Fri, 29 Mar 2019 11:46:50

UK accord to exit treaty enough for smooth Brexit - EU executive

For the European Union, Britain's ratification of the Withdrawal Agreement being voted on in parliament on Friday would be sufficient to ensure the country's orderly departure from the bloc, the European Commission said.
Reuters   |   Fri, 29 Mar 2019 11:39:45

DUP opposition to Brexit deal 'still stands' - spokesman

Northern Ireland's Democratic Unionist Party's (DUP) stance that it cannot back a Brexit divorce deal that does not protect the whole of the United Kingdom "still stands and is our position," a spokesman for the party said on Friday.
Reuters   |   Fri, 29 Mar 2019 11:39:21

UK independent MPs seek to become political party for European elections

A group of pro-European Union British lawmakers who quit the governing Conservatives and opposition Labour over Brexit said on Friday they had applied to become a political party in order to stand in May's European elections.
Reuters   |   Fri, 29 Mar 2019 11:32:12

Poland is ready to agree on another Brexit delay: PM

Warsaw is ready to agree on another Brexit delay if London fails to adopt the withdrawal agreement on Friday, Polish Prime Minister Mateusz Morawiecki said.
Reuters   |   Fri, 29 Mar 2019 11:31:24

EU's Barnier says negotiating new deal more important than Brexit divorce

The European Union's Brexit negotiator, Michel Barnier, said on Friday that the stalled divorce agreement was "the best compromise" for both sides and that crucial for London was focusing on agreeing a new relationship with the bloc.
Reuters   |   Fri, 29 Mar 2019 11:25:46

May puts stripped-down Brexit deal to 'last chance' vote in parliament

Prime Minister Theresa May puts a stripped-down version of her twice-defeated Brexit divorce deal to a vote in parliament on Friday in an attempt to break the impasse over the United Kingdom's exit from the European Union.
Reuters   |   Fri, 29 Mar 2019 11:24:50

Brexit protest: Ukip leader slapped down by police for falsely claiming they could use water cannon they don't even own on protesters

Gerard Batten had suggested Metropolitan Police may use banned devices, despite force not owning any
Chris Baynes / The Independent   |   Fri, 29 Mar 2019 11:21:00

Game of Thrones, hamsters and other things that didn't last as long as Brexit

Game of Thrones, space travel, the life span of a hamster. They've all got nothing on Brexit.
BBC   |   Fri, 29 Mar 2019 11:15:43

Crunch time as UK lawmakers poised for pivotal vote on Prime Minster Theresa May’s Brexit deal

MPs are set for a momentous third vote Friday on Prime Minister Theresa May’s Brexit divorce deal, which could end a months-long crisis or risk Britain crashing out of the EU in two weeks.The House of Commons has twice rejected May’s withdrawal agreement, both times by large margins, but has ...
Agence France-Presse / South China Morning Post   |   Fri, 29 Mar 2019 11:14:50

Brexit: Dominic Raab has come round and will back the PM

Citing The Sun's political editor, Reuters has recently reported that latest chatter suggests that former Brexit Secretary Dominic Raab, who voiced his opposition to Prime Minister May's deal, is now supporting the PM's Brexit deal. "Tory MPs think something is underway with the DUP Dodds and Chief Whip met this ...
FX Street   |   Fri, 29 Mar 2019 11:10:36

MPs Could Get Power Over Future EU Trade Talks As Government Battles To Win Brexit Support

Ned Simons / Huffington Post   |   Fri, 29 Mar 2019 11:03:00

Irish PM to meet Germany's Merkel, France's Macron on Brexit

Irish Prime Minister Leo Varadkar will visit French President Emmanuel Macron on Tuesday to take stock of the latest Brexit developments, two days before he welcomes German Chancellor Angela Merkel to Dublin.
Reuters   |   Fri, 29 Mar 2019 10:50:43

Germany's Merkel to make Brexit visit to Ireland on Thursday

German Chancellor Angela Merkel will visit Ireland on Thursday for talks with her Irish counterpart Leo Varadkar on Brexit, a German government spokeswoman said on Friday.
Reuters   |   Fri, 29 Mar 2019 10:46:24

More in Common - how voters are bridging the Brexit divide

BBC Breakfast looks at an initiative bringing together voters on both sides of the Brexit debate.
BBC   |   Fri, 29 Mar 2019 10:27:54

GBP/USD: Volatile within range near 1.3030 ahead of Brexit vote

GBP/USD wavers in a 40-pips tight range, awaits fresh direction on Brexit vote. DUP's Wilson: No possibility of DUP changing its mind before vote The GBP/USD pair is seen making yet another recovery attempt to regain the 1.3050 barrier, as the buyers continue to lurk just ahead of the 1.30 ...
FX Street   |   Fri, 29 Mar 2019 10:23:17

Liam Fox: 'Last chance' for MPs on true Brexit

Fox warns of 'consequences' if MPs again reject the Brexit plan, leaving many UK voters feeling 'betrayed.'
Ian Geoghegan / Politico   |   Fri, 29 Mar 2019 10:18:27

Friday's Brexit vote is last chance to secure exit delay: Attorney General

Britain's Attorney General Geoffrey Cox urged lawmakers to approve the government's EU withdrawal agreement on Friday, saying it was lawmakers' last chance to ensure that Brexit will be delayed until May 22.
Reuters   |   Fri, 29 Mar 2019 10:11:11

EU's Barnier: approval of Brexit deal today to secure 22 May exit

Britain would secure a new Brexit date of May 22 if its parliament approves the EU divorce deal on Friday, the bloc's chief negotiator Michel Barnier said on Friday.
Reuters   |   Fri, 29 Mar 2019 10:03:33

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

Brexit News Archive: 29 Mar 2019     |     enquire