Brexit News Archive: 23 May 2019

Brexit and beyond: wealth management in an era of political risk

A Corbyn-led government is a key concern for many clients, say managers
FT   |   Thu, 23 May 2019 21:47:41

Britain's Theresa May: A political deathwatch for a prime minister done in by Brexit

British politicians agree on precious little these days. But on one matter, there's near-unanimity across the spectrum: Theresa May's days as prime minister are numbered. The political deathwatch comes against the backdrop of Britons' vote Thursday for the European Parliament - balloting that would...
Christina Boyle, Laura King / LA Times   |   Thu, 23 May 2019 21:15:00

Brexit: Time running out for UK's Theresa May

British prime minister's latest attempt to deliver a Brexit deal has provoked a backlash from within her own party.
Al Jazeera   |   Thu, 23 May 2019 21:04:02

Factbox: Who wants to be Britain's next prime minister?

Prime Minister Theresa May is under pressure to resign after a backlash to her final Brexit gambit and has agreed to meet the chairman of her Conservative Party's 1922 Committee on Friday to discuss her future.
Reuters   |   Thu, 23 May 2019 20:26:18

May to give firm departure date as Brexit deal founders

Week of June 10 seen as most likely for PM's formal departure as party leader
FT   |   Thu, 23 May 2019 19:49:05

UK PM Theresa May forced to postpone final Brexit showdown

Times of India   |   Thu, 23 May 2019 19:47:42

Brexit: FT reports that PM May will be giving a firm exit date

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FX Street   |   Thu, 23 May 2019 19:32:22

5 Leveraged ETFs For Q2 Of 2019

With market volatility on the rise due to heightened tensions from the U.S. trade beef with China, Brexit negotiations, and general global uncertainty and political unrest, savvy investors are looking for ways to both capitalize on the increased market movement, and also hedge existing portfolios against potential market declines. Leveraged ...
Ian Young / ETF Trends   |   Thu, 23 May 2019 18:59:47

Fragile May hunkers down to plan Downing St exit

Hunt and Javid left prime minister with no hope for her Brexit deal
FT   |   Thu, 23 May 2019 18:51:00

Market selloff: Wall Street joins rout as trade war hits US economy - business live

Financial markets hit as tensions between Beijing and Washington escalate, and fears of a no-deal Brexit rise Latest: US PMI hits three-year low Wall Street tumbles at the open WTO chief: We must end trade war Stocks slide in Europe Beijing: Trade talks can't continue unless US mends its ways ...
Graeme Wearden / Guardian   |   Thu, 23 May 2019 18:21:54

Jeremy Hunt urges May to kill off her bill in another blow to PM's authority

Prime minister pressed to name date for her departure in showdown with men in grey suits
Andrew Woodcock / The Independent   |   Thu, 23 May 2019 17:27:00

May hangs on after Brexit gambit backfires

Prime Minister Theresa May was clinging to power on Thursday after her final Brexit gambit backfired, overshadowing a European election that has shown a United Kingdom still riven over its divorce from the EU.
Reuters   |   Thu, 23 May 2019 17:24:42

The Withdrawal Bill vanished, and with it, so did the Prime Minister

A chap called Mark Spencer stood at the despatch box of the House of Commons, and magicked the invisible Prime Minister in and out of existence
Tom Peck / The Independent   |   Thu, 23 May 2019 17:04:00

May rewrites Brexit deal to head off cabinet revolt

PM abandons plans to publish legislation on Friday to facilitate UK's departure from EU
FT   |   Thu, 23 May 2019 16:48:31

Brexit: Jeremy Hunt becomes first cabinet minister to tell May to abandon doomed bill

Foreign secretary does not call on prime minister to quit - but scrapping the withdrawal agreement bill would almost certainly trigger her departure
Rob Merrick / The Independent   |   Thu, 23 May 2019 16:38:00

UK's May hangs on after Brexit gambit backfires

Prime Minister Theresa May was clinging to power on Thursday after her final Brexit gambit backfired, overshadowing a European election that has shown a United Kingdom still riven over its divorce from the EU.
Reuters   |   Thu, 23 May 2019 16:37:18

British Steel's Scunthorpe works could be saved by a new ownership model | Letters

Readers respond to the collapse of British Steel, which has put 5,000 jobs directly at risk and endangered thousands more in the supply chain Your editorial (23 May) is surely right to say that Scunthorpe steelworks' distress was forged in the fires of Brexit, for which this government ought to ...
Letters / Guardian   |   Thu, 23 May 2019 16:15:35

The UK after May: no-deal, new deal, socialism - or no Brexit?

The end of Theresa May's premiership will usher in an even more turbulent phase of Britain's exit from the European Union as any new leader is likely to seek to strike a tougher divorce deal, and there could be an election within months.
Reuters   |   Thu, 23 May 2019 16:06:30

UK election authority blames 'short notice' for EU27 voter problems

The3million citizens' rights group called for an investigation into a 'democratic disaster.'
James Randerson / Politico   |   Thu, 23 May 2019 15:57:47

Johnson acted in 'dishonest' way in Brexit poll, court told

Campaigner tries to bring private prosecution against former foreign secretary over EU cash claim
FT   |   Thu, 23 May 2019 15:39:58

UK's May clings to power after Brexit gambit backfires

Prime Minister Theresa May clung to power on Thursday after her final Brexit gambit backfired, overshadowing a European election that has shown a United Kingdom still riven over its divorce from the EU.
Reuters   |   Thu, 23 May 2019 15:28:22

UK's May discussed Brexit legislation with two ministers: spokesman

British Prime Minister Theresa May held separate meetings with her foreign and interior ministers on Thursday to discuss legislation to enact her Brexit deal, May's spokesman said.
Reuters   |   Thu, 23 May 2019 15:27:32

Why the UK's European election is not proxy Brexit referendum

Politicians on all sides accept that only a second referendum on EU membership can reverse the first.
Annabelle Dickson / Politico   |   Thu, 23 May 2019 15:26:49

Investors May Look To Gold, Gold ETFs As Geopolitical Tension Heat Up

With the markets on the fritz due to the unpredictability of trade wars, Brexit, and a variety of other global events, replete with economic consequences, investors might soon be searching for risk off assets, as a means to hedge against ongoing volatility, and diversify an existing portfolio of stocks. The ...
Ian Young / ETF Trends   |   Thu, 23 May 2019 15:04:50

European elections - live: Corbyn tells supporters 'get ready for a general election' as Theresa May teeters on brink after shelving Brexit vote

Follow latest updates from Westminster
Ashley Cowburn, Chris Baynes, Harry Cockburn / The Independent   |   Thu, 23 May 2019 14:39:00

European Parliament Projection

Europe Elects has produced a handy projection of how the European Parliament is likely to look, aggregating polls from all 28 member states. Europe Elects looks like it has used this combination of the previous five polls in the UK to determine the results, putting Brexit Party on 30 seats, ...
Tom Harwood / Guy Fawkes' blog   |   Thu, 23 May 2019 14:10:37

EU's Verhofstadt says Brexit is a 'tragedy for Europe', but unified it

European Union liberal lawmaker Guy Verhofstadt said on Thursday that Britain's vote to leave the bloc was a "tragedy for Europe" but had the effect that nobody else on the continent wanted to see their country leave.
Reuters   |   Thu, 23 May 2019 13:42:45

Brexit crisis: Minister quits, piling pressure on Britain's May

Prominent Brexit supporter Andrea Leadsom resigned from Prime Minister Theresa May's government on Wednesday, piling pressure on the British leader after a new Brexit gambit backfired and fueled calls for her to quit.
Reuters   |   Thu, 23 May 2019 13:41:20

Doubt over Theresa May's future overshadows UK vote

The polls suggest both main parties will do poorly in the election with Nigel Farage's Brexit Party taking top spot.
Charlie Cooper / Politico   |   Thu, 23 May 2019 13:40:25

Brexit: Boris Johnson 'irresponsible and dishonest' with £350m-a-week NHS pledge, court hears

Frontrunner to become PM could be hauled before judge over claims
Lizzy Buchan / The Independent   |   Thu, 23 May 2019 13:29:00

FTSE slides as embattled PM May shelves Brexit withdrawal proposal

The FTSE index continues to slide. Currently, the FTSE index is trading at 7,249, down 1.2% on the day. There are no British events on Thursday. On Friday, the U.K. releases retail sales and CBI realized sales. The turmoil surrounding Brexit continues to confound and worry investors. The blue-chip FTSE ...
Kenny Fisher / OANDA   |   Thu, 23 May 2019 13:28:17

Shares skid on view trade spat morphing into tech cold war

World shares skidded lower on Thursday as concerns grew that the China-U.S. trade conflict was fast turning into a technology cold war between the world's two largest economies and that Brexit was heading for another unpredictable twist.
Reuters   |   Thu, 23 May 2019 13:04:37

Thanks to Brexit, America Could Now Colonize Great Britain

Knowing that the British are desperate for a deal, Trump could make one, which puts "America First."
John A. Tures / NY Observer   |   Thu, 23 May 2019 13:00:38

Theresa May faces mounting pressure to quit in Brexit backlash

British Prime Minister Theresa May faced mounting calls to resign in a backlash against her latest Brexit plan, and multiple reports indicated she could step down as soon as Friday, Business Insider reported . The resignation of the leader of the House of Commons, Andrea Leadsom, on Wednesday night appeared ...
The Week   |   Thu, 23 May 2019 12:51:46

Brexit has returned to the headlines - Danske Bank

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FX Street   |   Thu, 23 May 2019 12:49:28

Theresa May clings to power after Brexit gambit backfires

Prime Minister Theresa May was clinging to power on Thursday after her final Brexit gambit backfired, overshadowing a European election that has shown a United Kingdom still riven over its divorce from the EU.
Reuters   |   Thu, 23 May 2019 12:29:04

UK PM May appoints Mel Stride new Leader of House of Commons: statement

British lawmaker Mel Stride was appointed as the government's Leader of the House of Commons on Thursday, replacing Andrea Leadsom who quit in protest at Prime Minister Theresa May's Brexit strategy.
Reuters   |   Thu, 23 May 2019 12:28:05

May clings to power after Brexit gambit backfires

Prime Minister Theresa May was clinging to power on Thursday after her final Brexit gambit backfired, overshadowing a European election that has shown a United Kingdom still riven over its divorce from the EU.
Reuters   |   Thu, 23 May 2019 12:25:44

May appoints Mel Stride new Leader of House of Commons - statement

British lawmaker Mel Stride was appointed as the government's Leader of the House of Commons on Thursday, replacing Andrea Leadsom who quit in protest at Prime Minister Theresa May's Brexit strategy.
Reuters   |   Thu, 23 May 2019 12:25:26

'Thousands' of British citizens living abroad denied vote in EU elections due to administrative errors

Postal ballots not turning up on time
Jon Stone / The Independent   |   Thu, 23 May 2019 12:15:00

Army veteran 'attacked' with milkshake outside polling station for wearing a Brexit rosette

Martin Evans / Telegraph   |   Thu, 23 May 2019 11:51:27

Trade, Brexit, And Disappointing Flash PMIs Weigh On Global Markets

Seeking Alpha   |   Thu, 23 May 2019 11:18:26

Theresa May's government pulls June Brexit vote

Plans to publish Withdrawal Agreement Bill shelved amid growing backlash.
Charlie Cooper / Politico   |   Thu, 23 May 2019 11:14:19

Capital Markets: "Trade, Brexit, and Disappointing Flash PMIs Weigh on Global Markets "

From Marc to Market: Overview: The deterioration of the investment climate is spurring the sales of stocks and the buying of bonds. The dollar is firm. China and the US appear to be digging as if the trade tensions will remain for some time and the breech is beginning to ...
climateer / Climateer Investing   |   Thu, 23 May 2019 11:09:00

Brexit News Archive: 23 May 2019     |     enquire