Brexit News Archive: 15 May 2019

Labour will not abstain in Brexit vote - senior lawmaker

Britain's opposition Labour Party will vote against Prime Minister Theresa May's European Union withdrawal bill next month, and will not abstain, if the deal does not meet Labour's conditions, a senior lawmaker said on Wednesday.
Reuters   |   Wed, 15 May 2019 19:57:47

'Reject Brexit deal and risk no Brexit', UK ministers warn

Theresa May will attempt to get MPs' support for her Brexit deal for the fourth and final time.
Al Jazeera   |   Wed, 15 May 2019 18:49:02

Why May faces defeat on her flagship Brexit bill

Legislation risks fuelling Eurosceptic opposition to PM's withdrawal agreement
FT   |   Wed, 15 May 2019 18:46:17

May says will present bill that ensures orderly Brexit

British Prime Minister Theresa May said on Wednesday she was sure lawmakers would recognise their duty to deliver on the result of the Brexit referendum and vote for her EU divorce deal when it is put before parliament again in June.
Reuters   |   Wed, 15 May 2019 17:35:27

GBP/USD: Bears taking charge on Brexit pessimism, eyes on February low at 1.2772

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FX Street   |   Wed, 15 May 2019 17:34:57

May 'sure' MPs will want to deliver Brexit in June vote

British Prime Minister Theresa May said she was confident lawmakers would want to deliver Brexit when legislation to secure Britain's departure from the European Union comes before parliament next month.
Reuters   |   Wed, 15 May 2019 17:10:37

UK-taught developer 'devised software Russia used to try to sway Brexit vote'

Investigations team / Telegraph   |   Wed, 15 May 2019 17:00:00

Factbox - The Brexit law: What is the UK government putting to parliament next month?

Prime Minister Theresa May plans to ask British lawmakers to vote in early June on legislation to ratify her Brexit deal with the European Union.
Reuters   |   Wed, 15 May 2019 16:28:47

Theresa May has reduced the bottom of the barrel to a single atom

We will not see these times again, and thank goodness for that
Tom Peck / The Independent   |   Wed, 15 May 2019 16:14:09

Brexit: Stephen Barclay says PM's deal is 'dead' if bill fails

The Brexit secretary says the UK could face no deal or the revocation of Article 50.
BBC   |   Wed, 15 May 2019 15:52:35

Labour Brexit Policy Not Clear to 87% of Electorate

Guido is surprised even 13% of voters think they know where Labour clearly stands on Brexit this week. Only a third of voters think Change UK and the Greens are clear, while the Brexit Party is double digits ahead of even UKIP. With just eight days to go Guido isn't ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 15 May 2019 15:36:17

FTSE gains ground as trade tensions continue to cause swings in markets

After a rough start to the week, the FTSE has reversed directions and posted gains. In the North American session, the pair is at 7,279, up 0.43% on the day. There are no British releases on the schedule. The uncertainty surrounding Brexit and global trade tensions are making fund managers ...
Kenny Fisher / OANDA   |   Wed, 15 May 2019 15:19:17

UK Brexit secretary warns deal has one last chance

Stephen Barclay sees no deal or no Brexit should EU withdrawal agreement be defeated
FT   |   Wed, 15 May 2019 15:12:25

Factbox - How will Conservative Party choose May's successor?

British Prime Minister Theresa May has said she will stand down once her Brexit deal with Brussels is approved by parliament and the government has said it hopes to do this by the time lawmakers break for the summer in late July.
Reuters   |   Wed, 15 May 2019 15:03:24

Brexit news: Tory MP urges Theresa May to resign before European elections during PMQs clash

Theresa May will bring key legislation to ratify her Brexit deal before the Commons within weeks, in a last-ditch effort to break the deadlock.
Ashley Cowburn, Samuel Osborne / The Independent   |   Wed, 15 May 2019 14:55:00

Britain’s Prime Minister Theresa May pins her hopes on final June Brexit vote in order to leave EU in July

Theresa May’s Brexit minister said Wednesday that her EU withdrawal deal would be if parliament rejects it for a fourth time next month, after the British premier set the date for what could be the final act of her leadership.May said MPs will vote on legislation to implement the Brexit ...
Agence France-Presse / South China Morning Post   |   Wed, 15 May 2019 14:33:59

British Land and Landsec shrug off Brexit thanks to London elite

Vote to leave the EU has widened the commercial split between London and the rest of England
FT   |   Wed, 15 May 2019 14:29:07

Rebels hope to kill off May's Brexit deal in 'last-chance' vote

Brexit-supporting rebels in British Prime Minister Theresa May's Conservative Party said on Wednesday they would vote down her European Union divorce deal when she brings it back to parliament next month.
Reuters   |   Wed, 15 May 2019 14:26:37

Labour warns May it will not back her Brexit deal

PM told to make more concessions and ensure that any cross-party agreement is 'Boris-proof'
FT   |   Wed, 15 May 2019 14:13:10

Sterling touches lowest since February as Brexit uncertainty drags on

UK currency tracks investors' unease over cross-party talks in London
FT   |   Wed, 15 May 2019 13:48:45

Welcome to the last days of Theresa May

Theresa May has thrown the kitchen sink at her Brexit deal three times to date. It hasn't worked on any of those occasions, but for some reason, the British Prime Minister having a fourth go.
CNN   |   Wed, 15 May 2019 13:35:30

Merkel - Brexit is ultimately is a loss for everyone

German Chancellor Angela Merkel said on Wednesday that Britain's departure from the European Union would ultimately be a loss for everyone even if some companies had moved some of their business to Europe's largest economy.
Reuters   |   Wed, 15 May 2019 13:19:27

Germany's Merkel: Brexit ultimately is a loss for everyone

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FX Street   |   Wed, 15 May 2019 13:14:55

Is Australia Next?

Amid the sound and fury of US President Donald Trump, European populists, and Brexiteers, it is tempting to think that Australia has been spared from the political turmoil sweeping Western democracies. But if one focuses not on the rise of populism but on the decline of the mainstream, Australia no ...
Sam Roggeveen / Project Syndicate   |   Wed, 15 May 2019 13:03:21

GBP/USD plummets to 3-month lows near 1.2850 on latest Brexit headlines

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FX Street   |   Wed, 15 May 2019 13:01:21

Labour Party says cannot support Brexit legislation without agreement

Britain's opposition Labour Party cannot support legislation to ratify Prime Minister Theresa May's Brexit deal if it has not reached a compromise agreement with the government, a spokesman for the party said on Wednesday.
Reuters   |   Wed, 15 May 2019 12:48:51

Four Welsh AMs Including Mark Reckless Defect to Brexit Party

Mark Reckless and three other Welsh AMs have formally confirmed that they are joining to the Brexit Party, after Guido revealed their imminent defections 24 hours ago. You're either in front of Guido... The four AMs have now given official notice to the Welsh Assembly that they are forming a ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 15 May 2019 12:47:51

Plans for Brexit Party Welsh Assembly group

Planned Brexit Party group includes a defector from UKIP and three who previously left the party.
BBC   |   Wed, 15 May 2019 12:47:02

Brexit: Labour may abstain on the next Withdrawal Agreement vote, opening the door to its passage,GBP/USD ignores

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FX Street   |   Wed, 15 May 2019 12:46:12

May's office declines to say if she will resign if Brexit deal fails again

British Prime Minister Theresa May's spokesman declined to say on Wednesday whether May would resign if her latest bid to get support for her Brexit withdrawal deal is defeated when it comes back to parliament for a fourth time next month.
Reuters   |   Wed, 15 May 2019 12:30:41

UK PM May spokesman: Discussions continue with lawmakers to build a majority to pass Brexit legislation

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FX Street   |   Wed, 15 May 2019 12:27:32

Labour failure to rule out Brexit abstention hands potential lifeline to Theresa May in crunch vote

Jeremy Corbyn has insisted he will not back the PM's plan without a cross-party agreement
Andrew Woodcock / The Independent   |   Wed, 15 May 2019 12:19:00

Brexit deal 'dead' if MPs reject it again next month

Theresa May's Brexit deal will be "dead" if MPs reject it for a fourth time next month, a senior minister has admitted.
Sky   |   Wed, 15 May 2019 12:10:00

May says she will not pay for EU market access after Brexit

Britain will not pay for access to the European Union's market after it has left the bloc, Prime Minister Theresa May said on Wednesday.
Reuters   |   Wed, 15 May 2019 11:52:24

EU should give Britain more time to reconsider Brexit - Poland

The European Union should allow Britain as much time as needed to reconsider Brexit, Poland's Foreign Minister Jacek Czaputowicz told Reuters.
Reuters   |   Wed, 15 May 2019 11:45:32

No-deal Brexit risk is under appreciated, Barclay says

There is an under appreciation of the risk Britain could leave the European Union without a deal later this year, Brexit minister Stephen Barclay said on Wednesday.
Reuters   |   Wed, 15 May 2019 11:45:13

EU's vanishing Brexit copycats

UK's loud pro-Leave movement is odd man out in Europe, not the norm
FT   |   Wed, 15 May 2019 11:44:26

May says will not pay for EU market access after Brexit

Britain will not pay for access to the European Union's market after it has left the bloc, Prime Minister Theresa May said on Wednesday.
Reuters   |   Wed, 15 May 2019 11:37:28

UK Brexit Sec. Barclay: A responsible government has to mitigate a no deal Brexit

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FX Street   |   Wed, 15 May 2019 11:32:40

Eurovision 2019: 'Game time' for UK's Michael Rice

As the final nears, Michael Rice talks betting odds, boxing gloves... and why he's "sick" of Brexit.
BBC   |   Wed, 15 May 2019 11:20:28