Brexit News Archive: 03 Apr 2019

Brexit news - live: MPs back first stage of bill ruling out no deal as Corbyn says 'not as much change as I expected' from May talks

Follow our live coverage of the day's political events
Adam Forrest, Lizzy Buchan / The Independent   |   Wed, 3 Apr 2019 20:45:00

Spain's Sánchez: Brexit and Catalan independence 'based on lies'

'The possibility of an orderly Brexit still exists and that's the appeal I'm making to British MPs.'
Paul Dallison / Politico   |   Wed, 3 Apr 2019 20:34:52

Theresa May seeks Brexit deal with Labor Party chief, outraging Britain's Conservatives

Britain's Brexit drama went into overtime Wednesday as Prime Minister Theresa May and the country's main opposition sought a compromise deal to prevent an abrupt British departure from the European Union at the end of next week. In an about-face that left pro-Brexit members of May's Conservative...
Associated Press / LA Times   |   Wed, 3 Apr 2019 20:15:00

Stocks up on hopes for U.S.-China trade, soft Brexit

World stocks climbed for a fifth session on Wednesday on optimism over U.S.-China trade talks and for a softer British exit from the European Union, while oil prices retreated after an unexpected rise in inventories.
Reuters   |   Wed, 3 Apr 2019 20:11:18

Brexit: May's talk with Corbyn "did not go well" - UK Gov' sources

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FX Street   |   Wed, 3 Apr 2019 20:08:29

Theresa May and Jeremy Corbyn have agreed never to agree to anything

At the end of a two hour meeting, they resolved to have another meeting, and another one after that
Tom Peck / The Independent   |   Wed, 3 Apr 2019 19:37:00

May and Corbyn kick off 'constructive' Brexit talks

Ministers quit but attorney-general signals government could accept customs union
FT   |   Wed, 3 Apr 2019 19:17:26

Bank of England will do what it can to help UK in no-deal Brexit: Carney

The Bank of England will do what it can to support the economy in the event of a no-deal Brexit, although it would be unable to solve problems like border delays, Governor Mark Carney said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 19:05:26

Corbyn: May meeting 'useful but inconclusive'

Labour's leader says "not as much change as expected" came out of his Brexit talks with the prime minster.
BBC   |   Wed, 3 Apr 2019 18:49:28

May and Corbyn hold 'constructive' talks on Brexit

The UK prime minister has recognized that she needs Labour votes to enact Brexit.
Charlie Cooper / Politico   |   Wed, 3 Apr 2019 18:40:39

Carney warns no-deal Brexit still a 'high risk'

BoE chief rejects Mervyn King idea that quitting EU without accord can be easily organised
FT   |   Wed, 3 Apr 2019 18:34:40

Brexit: Theresa May and Jeremy Corbyn hold 'constructive' talks

A "programme of work" is agreed while Jeremy Corbyn calls the talks "useful but inconclusive".
BBC   |   Wed, 3 Apr 2019 18:32:36

Lawmakers approve first stage of Brexit delay law

British lawmakers voted on Wednesday to approve the first stage of legislation which would force Prime Minister Theresa May to seek a delay to Brexit in order to prevent the risk of leaving without a deal on April 12.
Reuters   |   Wed, 3 Apr 2019 18:25:15

Labour's Corbyn says Theresa May has not moved enough on Brexit

Opposition Labour leader Jeremy Corbyn said on Wednesday that Prime Minister Theresa May had not moved far enough in crisis talks aimed at breaking the deadlock over Britain's exit from the European Union.
Reuters   |   Wed, 3 Apr 2019 18:23:09

UK lawmakers approve first stage of Brexit delay law

British lawmakers voted on Wednesday to approve the first stage of legislation which would force Prime Minister Theresa May to seek a delay to Brexit in order to prevent the risk of leaving without a deal on April 12.
Reuters   |   Wed, 3 Apr 2019 18:22:48

UK Labour's Corbyn: no agreement with May on referendum

UK opposition Labour leader Jeremy Corbyn said there had been no agreement with Prime Minister Theresa May on the option of a second referendum when they met to discuss possible ways out of the Brexit impasse.
Reuters   |   Wed, 3 Apr 2019 18:10:15

Hopes for U.S.-China trade, soft Brexit boost shares

World stocks rose for a fifth session on Wednesday amid optimism over U.S.-China trade talks and for a softer British exit from the European Union, while oil prices retreated after an unexpected rise in inventories.
Reuters   |   Wed, 3 Apr 2019 18:09:37

Pros and cons of customs union membership

The case for and against tariff-free access to the EU is a major sticking point in the Brexit debate
FT   |   Wed, 3 Apr 2019 18:08:59

Brexit: Carney says risk of no deal is 'alarmingly high'

It is "absolute nonsense" a no-deal Brexit could be easily managed, Bank of England governor says.
BBC   |   Wed, 3 Apr 2019 18:07:17

Brexit Prompts First Tie Vote in Britain's House of Commons Since 1993

Wednesday's vote ended in a 310-310 draw
Associated Press / Time   |   Wed, 3 Apr 2019 18:05:34

Labour's Corbyn: no agreement with May on referendum

UK opposition Labour leader Jeremy Corbyn said there had been no agreement with Prime Minister Theresa May on the option of a second referendum when they met to discuss possible ways out of the Brexit impasse.
Reuters   |   Wed, 3 Apr 2019 18:01:39

GBP/USD: All eyes on Brexit headlines ahead of nonfarm payrolls (Friday)

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FX Street   |   Wed, 3 Apr 2019 17:51:13

Is a second Brexit referendum becoming inevitable?

Amid the excitement of Prime Minister Theresa May suddenly being on speaking terms with opposition leader Jeremy Corbyn, something is happening in Parliament that could alter the course of Brexit.
CNN   |   Wed, 3 Apr 2019 17:45:09

Theresa May must show her change of heart is serious

The commitment to a cross-party Brexit is welcome but very late
FT   |   Wed, 3 Apr 2019 17:26:16

Will Corbyn make a serious attempt to agree a Brexit deal?

Labour leader has held talks with Theresa May but doubts remain over his willingness to compromise
FT   |   Wed, 3 Apr 2019 17:19:05

Lawmakers vote to go ahead with debate on Brexit delay law

British lawmakers on Wednesday voted to begin debating legislation which would force Prime Minister Theresa May to seek a delay to Brexit in order to prevent the risk of leaving without a deal on April 12.
Reuters   |   Wed, 3 Apr 2019 17:11:42

Labour Party had Brexit talks with PM May

Britain's opposition Labour Party said on Wednesday it had had constructive discussions with Prime Minister Theresa May on breaking the Brexit deadlock.
Reuters   |   Wed, 3 Apr 2019 17:10:51

Britain's Labour Party had 'constructive' Brexit talks with PM May

Britain's opposition Labour Party said on Wednesday it had had constructive discussions with Prime Minister Theresa May on breaking the Brexit deadlock.
Reuters   |   Wed, 3 Apr 2019 17:09:32

British lawmakers vote to go ahead with debate on Brexit delay law

British lawmakers on Wednesday voted to begin debating legislation which would force Prime Minister Theresa May to seek a delay to Brexit in order to prevent the risk of leaving without a deal on April 12.
Reuters   |   Wed, 3 Apr 2019 17:02:53

UK speaker Bercow blocks motion for new vote on Brexit deal

FT   |   Wed, 3 Apr 2019 16:52:18

Brexit: Labour heading for bust up as top party figures demand Jeremy Corbyn secure referendum in talks with Theresa May

Exclusive: Eleven MPs including four frontbenchers have said it is 'untenable' that Labour does not make a public vote a fixed demand from the prime minister
Joe Watts / The Independent   |   Wed, 3 Apr 2019 16:40:39

UK faces 'alarmingly high' risk of no-deal Brexit: BoE's Carney

Britain still faces an "alarmingly high" risk of a no-deal Brexit, which could happen suddenly and by accident without politicians fully intending it, Bank of England Governor Mark Carney warned on Wednesday.
Reuters   |   Wed, 3 Apr 2019 16:40:35

Brexit: Lawmakers tie in vote on plan to hold more indicative votes on Monday, Speaker rejects it

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FX Street   |   Wed, 3 Apr 2019 16:40:14

As Labour MPs who support Jeremy Corbyn, we urge him to make a referendum his bottom line in talks with Theresa May

This is the only way to guarantee jobs, rights and protections - and Labour's reputation with its membership and the electorate - is to support a confirmatory public vote on any option which is agreed by parliament
Clive Lewis / The Independent   |   Wed, 3 Apr 2019 16:40:00

British parliament rejects plan to hold more Brexit indicative votes on Monday

Britain's House of Commons on rejected a plan to hold more indicative votes on Brexit on Monday.
Reuters   |   Wed, 3 Apr 2019 16:39:53

May stakes Brexit on opposition Labour leader Corbyn

British Prime Minister Theresa May met opposition leader Jeremy Corbyn on Wednesday to seek a way out of a Brexit stalemate, a gamble that could see a European Union divorce deal finally clear parliament but also tear her party apart.
Reuters   |   Wed, 3 Apr 2019 16:36:50

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

Having failed to get her Brexit deal through Parliament, U.K. Prime Minister Theresa May is in talks with opposition Labour leader Jeremy Corbyn to find a compromise on how Britain should trade with the European Union after their split. Remaining in a customs union could be part of the solution. ...
Washington Post   |   Wed, 3 Apr 2019 16:33:08

Brexit: Further discussions likely between May and Corbyn this weekend - BBC

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FX Street   |   Wed, 3 Apr 2019 16:26:47

Britain could one day leave post-Brexit customs union with EU, attorney general says

Britain could one day review its membership of a possible post-Brexit customs union with the European Union, Attorney General Geoffrey Cox told the BBC.
Reuters   |   Wed, 3 Apr 2019 16:25:35

How Brexit Britain can repair its battered reputation

Once admired as an exemplar of national stability, the UK is now a figure of fun
FT   |   Wed, 3 Apr 2019 16:20:29

BoE's Carney: Risk of no-deal Brexit now alarmingly high - Sky News

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FX Street   |   Wed, 3 Apr 2019 16:09:54

Chris Heaton-Harris: Brexit minister resigns in protest at Theresa May extending Article 50

Brexiteer alleges civil servants are misleading prime minister about the dangers of a crash-out departure
Rob Merrick / The Independent   |   Wed, 3 Apr 2019 16:07:00

UK junior Brexit minister quits over further delay to departure

Junior Brexit minister Chris Heaton-Harris became the second government member to resign on Wednesday after Prime Minister Theresa May said she would ask to delay Brexit again. Heaton-Harris said in a letter to May that he would have wanted Britain to leave the European Union on the scheduled departure date ...
Times of India   |   Wed, 3 Apr 2019 15:45:47

Jeremy Corbyn's Brexit problem

The prime minister's Brexit offer forces the Labour leader to choose whether his party will really help deliver Brexit.
Tom McTague / Politico   |   Wed, 3 Apr 2019 15:39:48

Hopes for U.S.-China trade, softer Brexit lift shares for fifth day

World stocks climbed for a fifth session on Wednesday amid optimism over U.S.-China trade talks and for a softer British exit from the European Union, while an unexpected rise in inventories boosted oil prices toward $70 per barrel.
Reuters   |   Wed, 3 Apr 2019 15:31:33

May and Corbyn meet in last-ditch attempt to save Brexit deal

British Prime Minister Theresa May's meeting with opposition leader Jeremy Corbyn has infuriated some of her party.
Al Jazeera   |   Wed, 3 Apr 2019 15:18:30

Theresa May Meets With Opposition Party Leader in Attempt to End Brexit Impasse

EU leaders have given a cautious welcome to May's attempt at rapprochement
DANICA KIRKA and JILL LAWLESS / AP / Time   |   Wed, 3 Apr 2019 15:18:15

British PM May focused on ratifying Brexit deal to leave on May 22: spokesman

Prime Minister Theresa May is focused on ratifying a Brexit deal before May 22 so that Britain can leave on that day, her spokesman said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 15:17:10

May focused on ratifying Brexit deal to leave on May 22 - spokesman

Prime Minister Theresa May is focused on ratifying a Brexit deal before May 22 so that Britain can leave on that day, her spokesman said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 15:14:49

Junior Brexit minister Heaton-Harris quits May's government

Chris Heaton-Harris, a junior minister in Prime Minister Theresa May's government, quit his job on Wednesday because he did not support any further extension to Britain's departure from the European Union.
Reuters   |   Wed, 3 Apr 2019 15:11:06

EU would begin customs controls right after no-deal Brexit

The European Union will immediately introduce customs checks and import duties in the event of a "no deal" Brexit, erecting barriers to British exports ranging from cars to farm produce and preventing consumers bringing in British cheese or meats.
Reuters   |   Wed, 3 Apr 2019 15:09:54

Junior Brexit minister Heaton-Harris quits PM May's government

Chris Heaton-Harris, a junior minister in Prime Minister Theresa May's government, quit his job on Wednesday because he did not support any further extension to Britain's departure from the European Union.
Reuters   |   Wed, 3 Apr 2019 15:09:29

Juncker draws hard line on April 12 deadline for Brexit

If UK parliament can't adopt stance by then, no short extension will be possible, says Commission president.
Titus Wu / Politico   |   Wed, 3 Apr 2019 15:00:19

British PM is meeting opposition leader to break Brexit deadlock

CNN   |   Wed, 3 Apr 2019 14:55:43

Brexit gamble: UK's May to meet opposition leader to seek a deal

British Prime Minister Theresa May was set to seek a Brexit compromise with opposition leader Jeremy Corbyn on Wednesday, a gamble that could see a European Union divorce deal finally clear parliament but also tear her party apart.
Reuters   |   Wed, 3 Apr 2019 14:50:38

White House adviser says clean Brexit would spur U.S. trade deal

A so-called clean break between Britain and the European Union could help spur U.S. trade talks with the United Kingdom, White House economic adviser Larry Kudlow said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 14:45:58

Merkel: Will use Ireland trip to mull how to avoid a hard Brexit

German Chancellor Angela Merkel said on Wednesday she would fight until the very end for an orderly Brexit and use her visit to Ireland on Thursday to consider the border situation and solutions that could prevent a hard Brexit.
Reuters   |   Wed, 3 Apr 2019 14:44:25

Blow to UK global trade as new watchdog chief quits before launch

Chair of body set up by Liam Fox to expand world trade and protect UK industry pulls out The head of the watchdog tasked with protecting Britain from unfair global trading practices after Brexit has quit after less than six months, dealing a blow to government plans to expand world ...
Richard Partington / Guardian   |   Wed, 3 Apr 2019 14:37:54

Brexit: May says aim of Corbyn meeting is to leave EU with deal

UK MPs told of policy areas PM agrees upon with Labour leader
FT   |   Wed, 3 Apr 2019 14:35:15

Brexit gamble: May to meet opposition leader to seek a deal

British Prime Minister Theresa May was set to seek a Brexit compromise with opposition leader Jeremy Corbyn on Wednesday, a gamble that could see a European Union divorce deal finally clear parliament but also tear her party apart.
Reuters   |   Wed, 3 Apr 2019 14:22:07

Knife crime and gangs: how a decade of bad policy left deprived young people without real choice

Social exclusion: boarded-up homes in Liverpool, UK. Shutterstock. England's dramatic rise in gang-related knife crime has been called a "disease" by the UK home secretary, Sajid Javid, and amid the daily drama of Brexit the prime minister, Theresa May, has called a summit of 100 experts to Downing Street to ...
Robert F. Hesketh, Lecturer in Criminal Justice, Liverpool John Moores University / The Conversation   |   Wed, 3 Apr 2019 14:14:38

So far, so good for British bonds as Brexit storm rages

For all the Brexit tumult, one thing that has remained strong and stable -- to borrow a phrase Prime Minister Theresa May once used to describe her leadership -- is demand for British government debt.
Reuters   |   Wed, 3 Apr 2019 14:14:30

Carney says risk of no-deal Brexit now 'alarmingly high'

Mark Carney has told Sky News the risk of a no-deal Brexit is now "alarmingly high", branding suggestions such a scenario could be managed as "absolute nonsense".
Sky   |   Wed, 3 Apr 2019 13:59:00

British PM Theresa May still aiming for a May 22 exit from European Union, despite political deadlock

Prime Minister Theresa May said on Wednesday she wanted Britain to be able to leave the European Union with an exit deal on May 22.May had agreed with EU leaders to delay Brexit until May 22 if her Withdrawal Agreement with the bloc was approved by parliament by March 29 ...
Reuters / South China Morning Post   |   Wed, 3 Apr 2019 13:58:25

EU says it would not open talks with UK after no-deal Brexit until it agrees to divorce bill and Irish backstop

The EU would refuse to open trade talks with Britain after a no-deal Brexit until the UK decided to sign up to the main elements of the withdrawal agreement anyway, the European Commission has said.
Jon Stone / The Independent   |   Wed, 3 Apr 2019 13:54:00

Brexit talks: What are the likely sticking points?

What are the key Brexit issues at stake when Theresa May and Jeremy Corbyn meet for talks?
BBC   |   Wed, 3 Apr 2019 13:33:55

EU's Juncker: no more short Brexit delays unless leave deal approved by Apr.12

The European Union will not grant Britain another short delay to Brexit if UK lawmakers fail to ratify the stalled divorce agreement by April 12, the head of the bloc's executive European Commission, Jean-Claude Juncker, said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 13:27:16

Irish PM says thinks EU leaders open to further Brexit extension

Ireland believes European Union leaders are open to granting a British request to further delay its exit from the bloc, Prime Minister Leo Varadkar said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 13:26:12

UK lawmaker Letwin says Brexit delay law will give May backing in request to EU

British Conservative lawmaker Oliver Letwin said on Wednesday that legislation he hopes to pass to force Prime Minister Theresa May to seek a delay to Brexit will give her backing in her request to the European Union.
Reuters   |   Wed, 3 Apr 2019 13:25:03

UK lawmaker Letwin says Brexit delay law will give PM May backing in request to EU

British Conservative lawmaker Oliver Letwin said on Wednesday that legislation he hopes to pass to force Prime Minister Theresa May to seek a delay to Brexit will give her backing in her request to the European Union.
Reuters   |   Wed, 3 Apr 2019 13:19:23

EU's Juncker: no more short Brexit delays unless leave deal approved by April 12

The European Union will not grant Britain another short delay to Brexit if UK lawmakers fail to ratify the stalled divorce agreement by April 12, the head of the bloc's executive European Commission, Jean-Claude Juncker, said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 13:18:56

EU unlikely to allow a short extension if UK MPs don't approve the Brexit deal by April 11 - Report

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FX Street   |   Wed, 3 Apr 2019 13:15:21

Timeline: Seven days of Brexit - Will a week break Britain's political impasse?

Prime Minister Theresa May was meeting opposition Labour leader Jeremy Corbyn on Wednesday to seek a joint approach to Britain's departure from the European Union, a last-ditch bid - which has enraged much of her own Conservative Party - to secure an orderly exit.
Reuters   |   Wed, 3 Apr 2019 13:15:15

Investment group says solar energy could see "popularity boost" in UK due to Brexit

Solar energy companies could fill the void created by the lack of secure energy transfer between UK and EU, the group says.
REN   |   Wed, 3 Apr 2019 13:07:06

Three questions on May's volte face

With just 9 days before the next Brexit cliff edge, can PM's change of direction work?
FT   |   Wed, 3 Apr 2019 13:03:12

Labour ready for serious Brexit talks if PM May willing to shift position

Britain's opposition Labour Party is ready for serious discussion with Prime Minister Theresa May on Brexit, if May is ready to relax the 'red lines' she has so far set in negotiations, a Labour spokesman said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 12:48:51

Brexit gamble: UK's May to meet opposition leader to forge a deal

British Prime Minister Theresa May will try to thrash out a Brexit compromise with opposition leader Jeremy Corbyn on Wednesday, a gamble that could see a European Union divorce deal finally clear parliament but also tear her party apart.
Reuters   |   Wed, 3 Apr 2019 12:48:09

Seven days of Brexit: Will a week break Britain's political impasse?

Prime Minister Theresa May was meeting opposition Labour leader Jeremy Corbyn on Wednesday to seek a joint approach to Britain's departure from the European Union, a last-ditch bid - which has enraged much of her own Conservative Party - to secure an orderly exit.
Reuters   |   Wed, 3 Apr 2019 12:47:35

Angry Conservative MPs condemn Theresa May for opening Brexit talks with 'Marxist, antisemite' Corbyn

Prime minister's questions dominated by Tories attacking their leader for turning to Labour to find Brexit compromise
Rob Merrick / The Independent   |   Wed, 3 Apr 2019 12:44:35

EU's Juncker: No deal Brexit on April 12 is more and more likely scenario

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FX Street   |   Wed, 3 Apr 2019 12:44:08

Brexit gamble: May to meet opposition leader to forge a deal

British Prime Minister Theresa May will try to thrash out a Brexit compromise with opposition leader Jeremy Corbyn on Wednesday, a gamble that could see a European Union divorce deal finally clear parliament but also tear her party apart.
Reuters   |   Wed, 3 Apr 2019 12:32:34

EU would deploy customs controls immediately after no-deal Brexit: Moscovici

The European Union's main economics and tax official said on Wednesday that the risk of a 'no-deal' Brexit on April 12 was increasing, as he explained the bloc's contingency plans for customs checks.
Reuters   |   Wed, 3 Apr 2019 12:31:33

May, Labour's Corbyn to meet at 1330 GMT seeking Brexit compromise - spokesman

British Prime Minister Theresa May will meet opposition Labour Party leader Jeremy Corbyn at 1330 GMT on Wednesday, her spokesman said, adding that further talks could probably be arranged if necessary.
Reuters   |   Wed, 3 Apr 2019 12:31:02

UK PM May, Labour's Corbyn to meet at 1330 GMT seeking Brexit compromise: spokesman

British Prime Minister Theresa May will meet opposition Labour Party leader Jeremy Corbyn at 1330 GMT on Wednesday, her spokesman said, adding that further talks could probably be arranged if necessary.
Reuters   |   Wed, 3 Apr 2019 12:30:28

European Parliament committee approves post-Brexit visa waiver amid Gibraltar row

Spain and Britain have long clashed over the sovereignty of 'the Rock.'
Galaxy Henry / Politico   |   Wed, 3 Apr 2019 12:13:36

Brexit deal between May and Corbyn would 'satisfy nobody' and 'make country poorer', Nicola Sturgeon says

Scottish first minister warns against 'cobbled together least bad option' and calls for long delay to Brexit instead
Benjamin Kentish / The Independent   |   Wed, 3 Apr 2019 12:08:00

May sees areas of agreement with Labour opposition on Brexit

British Prime Minister Theresa May, speaking ahead of talks with Labour leader Jeremy Corbyn to find a compromise on leaving the European Union, said on Wednesday there were several areas of agreement between them.
Reuters   |   Wed, 3 Apr 2019 11:39:31

World stocks at six-month highs on optimism over U.S.-China trade, soft Brexit hopes

World stocks rallied to six-month highs on Wednesday thanks to signs of progress in U.S.-China trade talks, reassuring economic data and hopes of a softer Brexit, helping push Germany's 10-year bond yield back above zero percent.
Reuters   |   Wed, 3 Apr 2019 11:18:58

Austria sees 'absolutely no reason' for Brexit extension

There is currently "absolutely no reason" for another extension to Brexit because the situation in Britain's parliament has not fundamentally changed, Austria's Chancellor Sebastian Kurz said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 11:13:14

UK PM May and Corbyn won't produce best Brexit outcome: Sturgeon

British Prime Minister Theresa May's talks with opposition Labour Party leader Jeremy Corbyn to break the Brexit deadlock will not produce the best option for the country, Scottish First Minister Nicola Sturgeon said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 11:12:48

May and Corbyn won't produce best Brexit outcome - Sturgeon

British Prime Minister Theresa May's talks with opposition Labour Party leader Jeremy Corbyn to break the Brexit deadlock will not produce the best option for the country, Scottish First Minister Nicola Sturgeon said on Wednesday.
Reuters   |   Wed, 3 Apr 2019 11:11:33

UK's Corbyn says any Brexit deal with May must be made law

The leader of Britain's opposition Labour Party Jeremy Corbyn said he wanted any Brexit deal he reaches with Prime Minister Theresa May to be put into law so it cannot be changed by her successor, the Evening Standard newspaper quoted him as saying.
Reuters   |   Wed, 3 Apr 2019 11:09:46

Corbyn says any Brexit deal with May must be made law

The leader of Britain's opposition Labour Party Jeremy Corbyn said he wanted any Brexit deal he reaches with Prime Minister Theresa May to be put into law so it cannot be changed by her successor, the Evening Standard newspaper quoted him as saying.
Reuters   |   Wed, 3 Apr 2019 11:09:16

Germany: If Britain wants Brexit delay, it must make specific request

Britain needs to make a specific request if it wants to get another delay to its departure from the European Union, a German government spokesman said on Wednesday, adding that this had not yet happened.
Reuters   |   Wed, 3 Apr 2019 11:08:23

Brexit: Conservative Party members tear up membership cards in anger over Corbyn talks

'That's me finally done'
Tom Embury-Dennis / The Independent   |   Wed, 3 Apr 2019 11:04:22

All too hard: understanding Brexit, Theresa May and the British humiliation

In a recent poll, 90% of the British public agreed that the way Brexit negotiations were being handled was a "national humiliation". A lot of people have described the current situation as a constitutional crisis but they are wrong: the word "crisis" is not strong enough to capture the gravity ...
Matthew Flinders, Founding Director of the Sir Bernard Crick Centre for the Public Understanding of Politics, University of Sheffield / The Conversation   |   Wed, 3 Apr 2019 11:00:57

UK economy at risk of shrinking as Brexit chaos hurts service sector

Overall business activity stalled in March on back of gridlock over leaving EU The British economy is at risk of sliding into a deepening downturn after stalling in the first quarter, following the weakest performance in the private sector in almost seven years as Brexit approaches. In the latest sign ...
Richard Partington Economics correspondent / Guardian   |   Wed, 3 Apr 2019 10:39:38

May to meet Labour leader to try to break Brexit stalemate

British Prime Minister Theresa May will meet opposition leader Jeremy Corbyn on Wednesday to thrash out a Brexit compromise, a gamble that could finally see a European Union divorce deal agreed but also tear her party apart.
Reuters   |   Wed, 3 Apr 2019 10:32:21

Hunnam on Brexit: 'A lot of people get hurt'

At CinemaCon, actor Charlie Hunnam calls Brexit a but is hopeful that the UK will recover. (April 3)
AP, AP / USA Today   |   Wed, 3 Apr 2019 10:25:56

Brexit: Corbyn should walk out of talks with Theresa May if she refuses to discuss fresh referendum, says senior Labour MP

'Maybe she has got more sense than that, you just never know'
Ashley Cowburn / The Independent   |   Wed, 3 Apr 2019 10:24:00

UK's May to meet Labour leader to try to break Brexit stalemate

British Prime Minister Theresa May will meet opposition leader Jeremy Corbyn on Wednesday to thrash out a Brexit compromise, a gamble that could finally see a European Union divorce deal agreed but also tear her party apart.
Reuters   |   Wed, 3 Apr 2019 10:03:10

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: 03 Apr 2019     |     enquire