Brexit News Archive: 01 May 2019

US Federal Reserve ignores Donald Trump and leaves interest rates on hold - business live

US central bank holds interest rates, despite pressure from the White House to cut borrowing costs Full story: Snub for Trump BREAKING: Fed holds rates Trump has called for rate cuts and more QE Earlier: UK factory growth fell in April UK house price growth rose last month First-time buyers ...
Graeme Wearden / Guardian   |   Wed, 1 May 2019 18:58:21

Farage confirms Brexit Party to contest Peterborough by-election after disgraced MP Fiona Onasanya loses seat

Nearly 20,000 people signed a recall petition demanding the MP lose her seat after being jailed
Ashley Cowburn / The Independent   |   Wed, 1 May 2019 17:50:00

Brexit news: May sacks defence secretary Williamson over 'unprecedented' Huawei leak as MPs set to vote on climate change

Follow live updates from Westminster, as they happened
Samuel Osborne, Lizzy Buchan / The Independent   |   Wed, 1 May 2019 17:43:00

Fiona Onasanya Recall Petition Succeeds

19,261 Peterborough constituents have signed the recall petition calling for her to go, far surpassing the 10% recall threshold. The speaker has confirmed that there will be a by-election. Fiona Gone-asanya... Nigel Farage has confirmed that The Brexit Party will be standing a candidate in the by-election (although it won't ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 1 May 2019 17:40:21

Goodbye Gavin Williamson, we should never have seen your like in the first place

For any event, the army stood ready, according to the outgoing defence secretary. Now it stands ready to jump for joy
Tom Peck / The Independent   |   Wed, 1 May 2019 17:37:00

Brexit uncertainty: Conservative party under pressure

For months now the predictions have been that the disaster of Brexit will destroy the Conservative party.
Al Jazeera   |   Wed, 1 May 2019 17:26:40

Why Boris Johnson looms large over Brexit

The prospect of the former foreign secretary becoming prime minister permeates all debates on what comes next
FT   |   Wed, 1 May 2019 16:39:13

UKIP launches EU election campaign with swipe at Brexit Party

Nigel Farage's party is a 'Tory-lite' ego trip, says UKIP boss Gerard Batten.
Bjarke Smith-Meyer / Politico   |   Wed, 1 May 2019 16:38:54

May - Deal on second phase of Brexit negotiations still possible by end 2020

Prime Minister Theresa May said on Wednesday she still believed it was possible to reach a deal on the second phase of Brexit negotiations by the current deadline of Dec. 31 2020.
Reuters   |   Wed, 1 May 2019 16:29:41

British Steel receives £120m government loan

Government makes emergency loan to cover an EU bill for carbon dioxide emissions The government has given British Steel an emergency £120m loan to cover an EU bill for carbon dioxide emissions, after the delay in reaching a Brexit withdrawal deal forced it to intervene. The business secretary, Greg Clark, ...
Jasper Jolly / Guardian   |   Wed, 1 May 2019 16:14:22

Brexit: May hopes UK will leave 'well before' 31 October deadline

Theresa May says her aims are "very similar" to Labour's when it comes to customs talks.
BBC   |   Wed, 1 May 2019 15:37:34

Brexit: Theresa May says students 'priced out' of EU universities are better off in UK

Prime minister dismisses protest that only rich will be able to afford to study in EU in future - by insisting UK has higher-quality institutions
Rob Merrick / The Independent   |   Wed, 1 May 2019 15:21:00

UK government and Labour share jobs aims in Brexit customs talks - May

Britain's Conservative government and the Labour Party, which are engaged in ongoing Brexit talks, share similar aims over future customs arrangements with the European Union, Prime Minister Theresa May said on Wednesday.
Reuters   |   Wed, 1 May 2019 15:01:58

UK PM May: Reluctant to put date on Brexit deadline

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FX Street   |   Wed, 1 May 2019 15:01:02

Quick Takes on Uber, Apple/Qualcomm, Pinterest, Brexit, and More

Youngme, Felix, and Mihir offer short takes on six different topics, including: Uber's S-1, Apple and Qualcomm settling their lawsuit, Pinterest's prospects as a public company, Brexit, and the best TV shows about business.
HBR   |   Wed, 1 May 2019 14:41:31

We need to end Brexit uncertainty as soon as possible - May

Britain needs to end the current uncertainty regarding its exit from the European Union as soon as possible, Prime Minister Theresa May said on Wednesday.
Reuters   |   Wed, 1 May 2019 14:29:04

UK manufacturing upturn slows as Brexit stockpiling eases

Companies had increased their output amid concerns of a no-deal departure
FT   |   Wed, 1 May 2019 12:52:24

The EU's least favourite Brexit cocktails

October 31 deadline is already looking in need of an extension
FT   |   Wed, 1 May 2019 12:50:06

UK government has shown willingness to shift on Brexit - Labour Party

The British government has shown a willingness to explore changes to its position on Brexit, a Labour Party spokesman said commenting on talks between ministers and the opposition party seeking a compromise on leaving the European Union.
Reuters   |   Wed, 1 May 2019 12:29:55

UK Labour spokesman: Clear evidence that government is willing to explore shifts in its position on Brexit

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FX Street   |   Wed, 1 May 2019 12:21:10

Grayling faces calls to quit after Brexit ferry contracts cancelled

Britain's transport secretary was under fresh pressure to resign after the government stacked up a 50 million pound loss for cancelling contracts to charter extra ferries to bring in essential supplies in the event of a no-deal Brexit.
Reuters   |   Wed, 1 May 2019 12:19:40

Brexit: Theresa May admits she could cave in to Labour demands to stay in customs union

Prime minister's spokesman refuses, four times, to rule out the concession - which would enrage Brexiteer Tories
Rob Merrick / The Independent   |   Wed, 1 May 2019 12:19:00

The biggest government pledge to science spending for 60 years - but who benefits? | Sarah Main

All political parties have said research and innovation can help raise living standards. A good start would be to invest in staff Amid the turbulence of Brexit deadlines and extensions, you might be pleased to know that there are at least some long-term plans afoot. A good news story in ...
Sarah Main / Guardian   |   Wed, 1 May 2019 12:13:53

Chris Grayling cancels ferry contracts at extra £50m cost to taxpayers

Transport secretary axes further deals made to ensure imports under a no-deal Brexit The ferry contracts signed to ensure critical imports under a no-deal Brexit have been cancelled at a cost of further £50m to the taxpayer. The latest payout joins an accumulating bill for the contracts awarded by the ...
Gwyn Topham Transport correspondent / Guardian   |   Wed, 1 May 2019 11:28:46

Local elections: 'disaster for local democracy' as hundreds of seats go uncontested

No place for young people. Gareth Fuller/PA Images. Between the chaos of Brexit, the upcoming European elections and the prospect of a general election this year, the local elections on May 2, 2019 seem to have crept up largely unnoticed. Yet the results are just as important for towns and ...
Joanie Willett, Lecturer in Politics, University of Exeter / The Conversation   |   Wed, 1 May 2019 11:21:58