Brexit News Archive: 07 May 2019

Labour: No agreement reached in Brexit talks - RTE

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FX Street   |   Tue, 7 May 2019 22:03:47

UK Conservatives resume Brexit talks with Labour amid low expectations

After Prime Minister Theresa May's deal was rejected three times in parliament and she was forced to delay Brexit, the government has spent more than four weeks in talks with Labour - negotiations that have done little to soften positions in either party.
Reuters / Financial Express   |   Tue, 7 May 2019 20:15:07

Conservatives resume Brexit talks with Labour amid low expectations

Britain's Conservative government held what it called "constructive and detailed" talks with the opposition Labour Party on Tuesday as the two sides struggle to break a parliamentary deadlock over the country's exit from the European Union.
Reuters   |   Tue, 7 May 2019 19:46:26

UK Conservatives' Brexit talks with Labour 'constructive and detailed'

Talks held on Tuesday between Britain's Conservative government and the opposition Labour Party aimed at breaking the impasse over Brexit were "constructive and detailed", a Downing Street spokesman said.
Reuters   |   Tue, 7 May 2019 18:32:10

Government's new deadline for passing Brexit deal is 2 July, says Lidington - The Guardian

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FX Street   |   Tue, 7 May 2019 17:20:01

Prince of Wales: UK-German bonds must endure after Brexit

The Prince of Wales says relations are "in transition" due to Brexit, as he begins a tour of Germany.
BBC   |   Tue, 7 May 2019 17:11:41

Brexit: Tory MPs tell Theresa May second referendum becoming 'inevitable' as Labour talks hopes fade

Warning comes as prime minister suffers embarrassment of European elections going ahead - and as her own deputy suggests crisis will drag on until July
Rob Merrick / The Independent   |   Tue, 7 May 2019 16:58:00

Trade war and Brexit pose mounting risk to EU economy, says EC

European commission warns of 'major shock' and slashes growth forecast for the union The threat of a full-blown trade war between the US and China and Brexit uncertainty are posing mounting risks to the EU economy, the European commission has warned, after downgrading its growth outlook for 2019. Brussels' executive ...
Richard Partington Economics correspondent / Guardian   |   Tue, 7 May 2019 16:44:41

With low expectations, UK Conservatives and Labour resume Brexit talks

Britain's Conservative government and the opposition Labour Party resumed Brexit talks on Tuesday to try to find a way to break the deadlock in parliament over the country's departure from the European Union.
Reuters   |   Tue, 7 May 2019 16:21:50

Electoral Commission Spends £36,000 Just on Printing for Darren Grimes Case

Fresh from the revelation that the Electoral Commission have blown almost half a million pounds of taxpayers' money trying to fight Brexit campaigner Darren Grimes over a £20,000 fine for a minor administrative error, Guido has learned that they have claimed a staggering £36,000 in printing costs alone. What have ...
Hugh Bennett / Guy Fawkes' blog   |   Tue, 7 May 2019 16:18:29

UK's May seeks Brexit deal amid mounting pressure to quit

Foreign Secretary Jeremy Hunt said "compromises on all sides" were needed "because the message of last week was that voters for both main parties are very, very angry about the fact that Brexit hasn't been delivered."
PTI / Financial Express   |   Tue, 7 May 2019 16:03:51

Trade Talks Episode 84: Brexit, British Politics, and European Parliamentary Elections

Soumaya Keynes, Chad P. Bown / Petersen Institute   |   Tue, 7 May 2019 16:03:22

Nigel Farage is betraying his own voters

A vote for the 'Brexit Party' is now a vote for a no-deal Brexit, which no one in the country has ever voted for before
Tom Peck / The Independent   |   Tue, 7 May 2019 15:48:14

Ex-Tory donors to give 'big bucks' to Brexit Party - Farage

Former Conservative donors are ready to provide "big bucks" for Nigel Farage's Brexit Party to fight a general election, the anti-EU campaigner has suggested.
Sky   |   Tue, 7 May 2019 15:22:00

May regrets Britain will hold European elections - spokesman

British Prime Minister Theresa May regrets that Britain will hold European Parliament elections and is determined to find a way to get a Brexit deal through, her spokesman said on Wednesday.
Reuters   |   Tue, 7 May 2019 15:20:55

Investors and Business Owners Think Brexit Will Be Good for the Economy

The latest UBS Global Wealth Management survey has found that investors and business owners now think that Brexit will be good for the economy. 41% of High Net Worth Investors now believed that Brexit would have a positive impact on the economy, compared to only 35% who think it will ...
Hugh Bennett / Guy Fawkes' blog   |   Tue, 7 May 2019 15:04:27

Tory Brexiteer slams Verhofstadt for 'double standard' on Turkey vote

'Holding a second vote in Turkey is dictatorship. But holding a second vote in the UK is democracy?' Dan Hannan tweeted.
Judith Mischke / Politico   |   Tue, 7 May 2019 14:56:57

Brexit: UK 'has to fight European elections', says David Lidington

The PM hoped to avoid the vote by getting a Brexit deal agreed, but her de facto deputy rules it out.
BBC   |   Tue, 7 May 2019 14:56:17

Britain impatiently awaits royal baby name

Ending days of suspense, a smiling Harry announced Monday the birth of the couple's first child - a son who will be seventh in the long line of British succession. It was a rare piece of good news for a nation exhausted by its endless fight over Brexit. A big ...
Times of India   |   Tue, 7 May 2019 14:33:03

European elections to go ahead because Theresa May can't do Brexit in time, government admits

Go-ahead paves the way for what is expected to be a record Tory drubbing by Nigel Farage's new Brexit Party
Rob Merrick / The Independent   |   Tue, 7 May 2019 14:14:00

Government Confirms UK Will Hold European Parliament Elections

The Government have finally confirmed the least surprising political news in some time - that European Parliament Elections will go ahead. David Lidington confirmed that there would not be enough time to complete the ratification of Brexit before 23rd May. There wasn't a single person outside Downing Street who believed ...
Hugh Bennett / Guy Fawkes' blog   |   Tue, 7 May 2019 14:13:24

Lib Dems Take Their Dodgy Bar Charts Digital

The Lib Dems have produced a flashy new video urging Remainers to vote for the Lib Dems to overtake the pro-leave parties. But following years of dodgy Lib Dem bar chart tradition, their own calculations don't work... Taking the latest poll, the parties that the Lib Dems say are 'Brexit ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 7 May 2019 13:30:59

Prince Charles' Brexit tour has a baby problem

Heir to the throne heads to Germany, but people want to talk about the new arrival.
Matthew Karnitschnig / Politico   |   Tue, 7 May 2019 13:30:24

Juncker regrets EU silence on Brexit campaign 'lies'

Jean-Claude Juncker thinks heeding David Cameron's request to stay silent while Brexit campaigners told "lies" before Britain's 2016 referendum was the biggest mistake he has made as EU chief executive.
Reuters   |   Tue, 7 May 2019 13:13:38

Tory-Labour Brexit talks to resume as European vote looms

Ministers say too late for UK to avoid taking part in this month's elections
FT   |   Tue, 7 May 2019 12:58:34

Brexit discussion to be banned from EU leaders' summit this week

Summit to be 'in principle Brext-free' as Theresa May stays aways
Jon Stone / The Independent   |   Tue, 7 May 2019 12:52:39

Travelodge seeks 3,000 students as it faces Brexit staff shortage

Budget hotel chain offers flexible working hours to fit in with university study Travelodge is aiming to recruit 3,000 students this summer with contracts that allow them to fit work around their studies, as the hospitality industry faces a Brexit-fuelled labour shortage. The budget hotel chain said its student recruitment ...
Sarah Butler / Guardian   |   Tue, 7 May 2019 12:28:59

EU foreign policy after Brexit: the debate over decision-making rules continues

Ahead of the Sibiu Summit where EU27 leaders will discuss the future of the Union, Open Europe's Anna Nadibaidze examines the state of the debate over EU foreign policy decision-making. The post EU foreign policy after Brexit: the debate over decision-making rules continues appeared first on Open Europe .
Anna Nadibaidze / Open Europe   |   Tue, 7 May 2019 12:14:29

Stocks, Yields Extend Drop After EU Slashes Growth Outlook

Surprise! The European Commission slashed previously hope-filled economic growth forecasts for the region this morning. Most notably, the Euro-area GDP growth forecast for 2019 cut to 1.2% from 1.3% prior with Germany slashed to 0.5% from 1.1%. "As initial deadlines for U.S.-China trade negotiations and Brexit have passed without resolution, ...
Tyler Durden / Zero Hedge   |   Tue, 7 May 2019 12:11:07

GBP/USD - British pound under pressure after rough start to week

GBP/USD has ticked lower on Tuesday, after starting the week with considerable losses. Currently, GBP/USD is trading at 1.3062, down 0.27% on the day. There are no major events on the schedule. Today's highlight is U.S. JOLTS Jobs Openings, which is expected to climb to 7.35 million. With Brexit extended ...
Kenny Fisher / OANDA   |   Tue, 7 May 2019 11:58:45

Jean-Claude Juncker says it was a 'mistake' for EU to stay silent during Brexit referendum 'lies'

EU commission president says he regrets listening to David Cameron's advice not to intervene in campaign
Jon Stone / The Independent   |   Tue, 7 May 2019 11:56:00

Juncker: I should have intervened in Brexit referendum

European Commission president regrets taking David Cameron's advice to stay quiet
FT   |   Tue, 7 May 2019 11:51:14

Britain just declared a climate emergency. What happens next?

Brexit may have polarised Britain's politics, but providing leadership on climate change could be the binding force that brings the country back together.
Chaitanya Kumar / Open Democracy   |   Tue, 7 May 2019 11:49:45

UK government yet to reach Brexit deal with opposition Labour - PM May's spokesman

British Prime Minister Theresa May's government has not yet reached a Brexit agreement with the opposition Labour Party and further talks will take place later on Tuesday, her spokesman said.
Reuters   |   Tue, 7 May 2019 11:35:26

UK PM spokesman: Brexit talks with Labour due to start at 4 PM

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FX Street   |   Tue, 7 May 2019 11:34:34

Consumers apply the brakes to UK new car sales

Analysts blame Brexit uncertainty as April data shows 10% fewer private sales than last year New car sales fell more than 4% in the UK last month, the second-lowest April since 2012, with analysts blaming consumer reluctance to make significant purchases while Brexit uncertainty persists. Just over 160,000 new cars ...
Gwyn Topham Transport correspondent / Guardian   |   Tue, 7 May 2019 11:32:06

EUR/GBP recedes from tops near 0.8560, focus on Brexit, May

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FX Street   |   Tue, 7 May 2019 11:27:47

Brexit news - Live: EU chief says David Cameron stopped him getting involved in referendum, as Theresa May faces fresh pressure to resign ahead of Tory meeting

Follow live updates from Westminster
Benjamin Kentish / The Independent   |   Tue, 7 May 2019 11:15:00

Farage Announces Parliamentary Candidate Selections

The Brexit Party this morning announced that it is now actively recruiting new MP candidates for a future general election. This morning it launched a new section of its website for potential candidates to apply. They're charging £100 per application for admin and vetting... Also revealed at today's eventful press ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 7 May 2019 11:14:23