Brexit News Archive: 10 Jun 2019

GBP/USD: Weaker economy and risk of a Brexit hardliner PM to keep the pound on the back foot - Rabobank

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FX Street   |   Mon, 10 Jun 2019 20:06:34

Labour: Jeremy Corbyn in 'heated' meeting with MPs

The Labour leader is confronted over anti-Semitism and Brexit at parliamentary gathering.
BBC   |   Mon, 10 Jun 2019 20:05:29

British candidates for PM take aim at favorite Johnson

A host of candidates to replace Theresa May as British prime minister launched their campaigns on Monday promising to solve the turmoil of Brexit and taking shots at frontrunner Boris Johnson.
Reuters   |   Mon, 10 Jun 2019 19:22:51

British candidates for PM take aim at favourite Johnson

A host of candidates to replace Theresa May as British prime minister launched their campaigns on Monday promising to solve the turmoil of Brexit and taking shots at front-runner Boris Johnson.
Reuters   |   Mon, 10 Jun 2019 19:22:40

British PM candidates take aim at favourite Johnson

A host of candidates to replace Theresa May as British prime minister launched their campaigns on Monday promising to solve the turmoil of Brexit and taking shots at frontrunner Boris Johnson.
Reuters   |   Mon, 10 Jun 2019 18:03:44

Tory leadership race down to 10

The contest is split between candidates who insist the UK must leave the EU on October 31, and those prepared to spend longer renegotiating a Brexit deal.
Charlie Cooper / Politico   |   Mon, 10 Jun 2019 18:00:13

Legal hazards but no default seen if Britain doesn't pay Brexit bill

Britain's withholding of 39 billion pounds it promised the EU as part of its original Brexit plan would not constitute a default in the eyes of credit ratings agencies, but lawyers said it could lead to international court battles.
Reuters   |   Mon, 10 Jun 2019 17:55:06

The race for UK's next prime minister - all the candidates

An updated guide to who's most likely to lead on Brexit
FT   |   Mon, 10 Jun 2019 17:50:26

Boris Johnson attacked by Tory rivals over revelations his £10bn tax-cut pledge would benefit rich pensioners and himself

Frontrunner also accused of a Brexit plan that would 'annihilate' party and put Jeremy Corbyn in power 'by Christmas' - while 'hiding' from scrutiny.
Rob Merrick / The Independent   |   Mon, 10 Jun 2019 17:25:00

Brexit: 1922 announce valid nominations for No10 Downing Street

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FX Street   |   Mon, 10 Jun 2019 17:06:32

Brexit news - live: Final Tory leadership candidates confirmed, as Boris Johnson condemned over tax cuts for the wealthy

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Lizzy Buchan, Tom Barnes, Ben Kentish / The Independent   |   Mon, 10 Jun 2019 16:55:00

PM candidates take aim at favourite Johnson

A host of candidates to replace Theresa May as British prime minister launched their campaigns on Monday promising to solve the turmoil of Brexit and taking shots at frontrunner Boris Johnson.
Reuters   |   Mon, 10 Jun 2019 16:38:48

Gyimah Withdraws

Pro-second referendum candidate Sam Gyimah has pulled out of the race after being unable to secure the required proposer, seconder, and six signatories required. He has released this statement: "I entered the Conservative Party leadership contest to broaden the debate and bring the diverse views of millions on Brexit to ...
Tom Harwood / Guy Fawkes' blog   |   Mon, 10 Jun 2019 16:31:39

British PM candidates take aim at favorite Johnson

A host of candidates to replace Theresa May as British prime minister launched their campaigns on Monday promising to solve the turmoil of Brexit and taking shots at frontrunner Boris Johnson.
Reuters   |   Mon, 10 Jun 2019 15:59:22

Hunt begins Tory leadership bid with Johnson attack

Foreign secretary projects himself as 'serious candidate' to tackle Brexit crisis
FT   |   Mon, 10 Jun 2019 15:46:25

Attacks on Grieve and Bercow stem from flawed, feudal ideas of 'sovereignty'

Parliament, human rights and judges - Brexiteers see all of these as impediments to their increasingly autocratic leaders. And their longstanding attacks are getting bolder.
Julian Petley, Dimitrios Giannoulopoulos / Open Democracy   |   Mon, 10 Jun 2019 15:44:26

Can the economy recover from its 'Brexit hangover'?

Anna Isaac / Telegraph   |   Mon, 10 Jun 2019 15:40:49

Hunt-Bot Offers No Change

Jeremy Hunt's launch was Prime Ministerial, backed with strong endorsements of Amber Rudd, the leading Remainer in Cabinet, and Penny Mordaunt, the most senior Brexiteer still left in it. Hunt is now the official candidate of the Tory establishment. Over 80% of his MP backers supported Remain... He said at ...
order-order / Guy Fawkes' blog   |   Mon, 10 Jun 2019 15:39:21

Brexit: What would happen if UK decided not to pay the £39bn divorce bill to the EU?

Politics explained: Boris Johnson's gambit could backfire
Jon Stone / The Independent   |   Mon, 10 Jun 2019 14:45:00

Drugs, tax and Brexit: Conservative Party race to replace Theresa May begins

The contest to replace Theresa May as Britain’s next leader formally began on Monday, with candidates lining up to define themselves against the “bluff and bluster” of front runner Boris Johnson.Eleven Conservative MPs are vying to succeed May, who quit as the party’s leader on Friday over her failure to ...
Agence France-Presse / South China Morning Post   |   Mon, 10 Jun 2019 14:18:50

Tory leadership race: what are candidates' promises on tax?

We look at how policies from Boris Johnson, Dominic Raab and others stack up Candidates running in the Conservative leadership contest have launched a low-tax policy drive as they seek to burnish their economic credentials alongside their Brexit stances. In developments that would carry a hefty price tag for the ...
Richard Partington / Guardian   |   Mon, 10 Jun 2019 14:14:46

Is anyone asking who young Conservatives want as their leader? It's probably not Boris Johnson

This is the race the Conservative Party didn't want. A contest set for spills with few apparent thrills for a party, an electorate and a country fatigued by the sheer boredom of the Brexit nightmare. Would-be successors to Theresa May didn't even wait for the official starter's gun on June ...
Mark Shanahan, Associate Professor and Head of Department for Politics & IR, University of Reading / The Conversation   |   Mon, 10 Jun 2019 13:06:40

Favourite Johnson pledges tax cut as race to succeed May starts

Leading Brexit advocate Boris Johnson promised tax cuts for higher earners if he becomes Britain's next prime minister as the contest to replace Theresa May - and take charge of the EU divorce - officially kicked off on Monday.
Reuters   |   Mon, 10 Jun 2019 13:02:28

Favorite Johnson pledges tax cut as race to succeed PM May starts

Leading Brexit advocate Boris Johnson promised tax cuts for higher earners if he becomes Britain's next prime minister as the contest to replace Theresa May - and take charge of the EU divorce - officially kicked off on Monday.
Reuters   |   Mon, 10 Jun 2019 13:00:08

Britain not paying Brexit bill would not be default, S&P, Fitch say

Britain's withholding the 39 billion pounds it promised the European Union as part of its original Brexit plan would not constitute a sovereign default, the top credit-rating agencies said.
Reuters   |   Mon, 10 Jun 2019 12:39:33

UK strikes post-Brexit trade deal with South Korea

Britain has secured agreements accounting for 63% of commerce covered by EU deals
FT   |   Mon, 10 Jun 2019 12:35:17

Tory Choice: Political Extinction Or Halloween Brexit

Authored by Mike Shedlock via MishTalk, The Brexit party was supposed to win the Peterborough by-election. Instead, Labour won. But that's the wrong takeaway. There was a special election to replace an MP in the Peterborough district. Nigel Farage's Brexit party was supposed to win the seat. It didn't, and ...
Tyler Durden / Zero Hedge   |   Mon, 10 Jun 2019 12:23:08

Tory leadership contest: Jeremy Hunt warns the Conservatives will be 'annihilated' in an early general election under Boris Johnson's Brexit plans

Hunt secures surprise backing of cabinet Brexiteer Penny Mordaunt
Lizzy Buchan / The Independent   |   Mon, 10 Jun 2019 12:08:00

Brexit chaos could push the UK economy into reverse this quarter

The UK economy could be headed for its first quarterly contraction since late 2012 after uncertainty over Brexit caused a sharp slowdown in manufacturing.
CNN   |   Mon, 10 Jun 2019 11:43:37

Tory spending plans to strip billions from poorest areas after Brexit and give cash to richest regions, study finds

Wales and the south west and north east of England will be biggest losers, it calculates - with funds diverted to wealthy London and the south east
Rob Merrick / The Independent   |   Mon, 10 Jun 2019 11:42:02

Dominic Raab launches Tory leadership campaign

Latest contender promises hard line on Brexit
FT   |   Mon, 10 Jun 2019 11:40:34

McVey Launch Interrupted By Aggressive Protester

Esther McVey might have the toughest stance on Brexit of all the Tory contenders but that didn't stop a very aggressive protester interrupting her campaign launch shouting "you are fake news! Fake Tories." He's angry that Brexit hasn't happened yet... H/t: Paul Brand The post McVey Launch Interrupted By Aggressive ...
Tom Harwood / Guy Fawkes' blog   |   Mon, 10 Jun 2019 11:39:15

UK PM candidate Hunt says: EU will do a new Brexit deal with me

Jeremy Hunt, one of the leading candidates vying to succeed Prime Minister Theresa May, said he would leave the European Union without a deal but with a heavy heart and that he hoped the bloc would engage with a new British leader.
Reuters   |   Mon, 10 Jun 2019 11:31:13

Raab's Pitch: Competence

Dominic Raab's launch today was solid and competent, it did the job and he didn't stand in front of a bright window. He got in his jabs against both Remainers and Boris with a clear pro-enterprise, pro-Brexit, pro-worker message of targeted tax cuts and a "buccaneering approach" to trade. He ...
Tom Harwood / Guy Fawkes' blog   |   Mon, 10 Jun 2019 11:27:10

PM candidate Hunt says: EU will do a new Brexit deal with me

Jeremy Hunt, one of the leading candidates vying to succeed Prime Minister Theresa May, said he would leave the European Union without a deal but with a heavy heart and that he hoped the bloc would engage with a new British leader.
Reuters   |   Mon, 10 Jun 2019 11:21:10