Brexit News Archive: 12 Jun 2019

Boris Johnson is making promises he cannot keep, says leadership rival Stewart

Boris Johnson is making promises over Brexit he will not be able to keep if he wins the contest to become Prime Minister, one of his rivals for the top job, Rory Stewart, said on Wednesday.
Reuters   |   Wed, 12 Jun 2019 21:03:06

UK businesses can be successful after Brexit says Prince Andrew

Prince Andrew, the second son of Queen Elizabeth, said on Wednesday he saw no reason why British businesses could not survive Brexit and the recent visit of President Donald Trump had shown him the issue would also not effect U.S. relations.
Reuters   |   Wed, 12 Jun 2019 19:28:33

MB Fund seminars in Canberra and Sydney

As we round out 2 years in the saddle, we are happy to announce round three of the MB Fund seminar series. This year's presentation is titled Global Shocker! It will examine the mushrooming threats in Australia's external environment including Cold War 2.0 and trade wars, Brexit, a slowing China ...
Tim Fuller / MacroBusiness   |   Wed, 12 Jun 2019 19:12:12

Mass UK protest demanding second EU referendum planned days before Brexit

Campaigners for a second Brexit referendum are planning another mass protest in London ahead of the date on which Britain is due to leave the European Union in October as the leading candidates to be the next prime minister say they will leave without a trade deal.
Reuters   |   Wed, 12 Jun 2019 18:25:19

No-deal Brexit 'a last resort', concedes Johnson

Leadership favourite launches campaign as cabinet note on lack of preparedness revealed
FT   |   Wed, 12 Jun 2019 18:24:14

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

An updated guide to who's most likely to lead on Brexit
FT   |   Wed, 12 Jun 2019 18:07:24

Labour loses bid to prevent no-deal Brexit

Grieve says vote may have been MPs' last chance to block leaving EU without agreement
FT   |   Wed, 12 Jun 2019 17:44:43

Boris Johnson launches UK Tory leadership campaign

Frontrunner in Conservative leadership race offers no details on how he can deliver a different Brexit trade deal.
Al Jazeera   |   Wed, 12 Jun 2019 17:20:15

The Ten Tories Who Voted to Hand Power to Corbyn

Oliver Letwin's latest attempt to hijack Parliament to block Brexit ultimately flopped by a margin of 11 votes - the most comfortable margin of victory the Government's had in a while. This was despite 10 Tory MPs voting to hand power over to Jeremy Corbyn and Keir Starmer: Guto Bebb ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 12 Jun 2019 17:05:58

The government wins today - but tough times lie ahead

It was almost enough to bring you out in a spell of deja vu.
Sky   |   Wed, 12 Jun 2019 17:05:00

MPs reject move to legislate against no-deal Brexit - as it happened

FT   |   Wed, 12 Jun 2019 17:00:19

Brexit: Boris Johnson says he is 'not aiming for no deal'

Boris Johnson bids to be leader with a vow to leave the EU by October, but rival Sajid Javid says he's "yesterday's news".
BBC   |   Wed, 12 Jun 2019 16:56:44

Explainer: Can Britain's parliament stop a no-deal Brexit?

Several of the contenders to replace Prime Minister Theresa May have said Britain should leave the European Union on October 31, even if that means a "no-deal" Brexit.
Reuters   |   Wed, 12 Jun 2019 16:56:30

Labour-led bid to block no-deal Brexit defeated by MPs

The government has survived an attempt by the opposition to seize control of the House of Commons agenda in their attempt to block a no-deal Brexit.
Sky   |   Wed, 12 Jun 2019 16:40:00

MPs reject opposition move to block no-deal Brexit

British lawmakers on Wednesday defeated an attempt led by the opposition Labour Party to try to block a no-deal Brexit by seizing control of the parliamentary agenda from the government.
Reuters   |   Wed, 12 Jun 2019 16:13:33

Pound Tumbles After Parliament Rejects Move To Block No-Deal Brexit

After several weeks in which headlines from the endless farce that is Brexit were mercifully absent around the flux surrounding Theresa May's resignation, we have some bad news: Brexit is back... and with a vengeance because moments ago cable, which had been rising gingerly in recent days, plunged after the ...
Tyler Durden / Zero Hedge   |   Wed, 12 Jun 2019 16:12:29

Labour vows to fight on against a no deal Brexit

Britain's opposition Labour Party will do all it can to fight against the country leaving the European Union without a deal, its Brexit policy chief, Keir Starmer, said on Wednesday after parliament rejected its move to try to prevent a no deal.
Reuters   |   Wed, 12 Jun 2019 16:10:52

MPs fail in bid to block no-deal Brexit

Theresa May's government defeated the motion by 309 votes to 298.
Charlie Cooper / Politico   |   Wed, 12 Jun 2019 16:02:22

MPs reject Labour plan for no-deal vote

MPs reject the chance to take control of Parliament's timetable, blocking the latest attempt to stop no-deal Brexit.
BBC   |   Wed, 12 Jun 2019 16:01:01

Brexit march: UK-wide push for Final Say to culminate in major London rally two weeks before exit deadline

12 October 'march of our lives' will be climax of The Independent and People's Vote campaign for a fresh referendum, with rallies across Britain this summer
Andrew Woodcock / The Independent   |   Wed, 12 Jun 2019 15:54:00

UK: Lawmakers reject motion to block no-deal Brexit, GBP/USD drops below 1.27

Read more on
FX Street   |   Wed, 12 Jun 2019 15:47:50

Brexit: MPs lose vote in bid to prevent future Tory PM forcing through no-deal

Opposition MPs have lost critical vote on a bid to prevent a future Tory prime minister from forcing through a no-deal Brexit.
Lizzy Buchan / The Independent   |   Wed, 12 Jun 2019 15:44:00

Brexit: UK firms 'not even close to ready' for no deal

Less that 10% of firms have applied to a HMRC scheme aimed at facilitating UK imports, Newsnight reveals.
BBC   |   Wed, 12 Jun 2019 15:38:17

Where all 10 Tory leadership candidates stand on Brexit, in their own words

From locking MPs in parliament to paying for border technology that hasn't been invented, a number of solutions have been touted by the people vying to be PM
Colin Drury / The Independent   |   Wed, 12 Jun 2019 15:37:27

Brexit party risks breaking electoral law, watchdog warns

Electoral Commission says fundraising structure could expose party to illegal contributions
FT   |   Wed, 12 Jun 2019 14:02:53

PM candidate Hunt says: Parliament likely to block a no-deal Brexit

Jeremy Hunt, one of the candidates vying to succeed Prime Minister Theresa May, said the British parliament would likely block a no-deal Brexit so the country needed a leader who could negotiate with the EU rather than making empty threats.
Reuters   |   Wed, 12 Jun 2019 14:01:53

Boris Johnson has taken the Conservative Party into a post-shame world

This was the Tory Party in survival mode. Things are serious now. It has decided it must live so everything else must die
Tom Peck / The Independent   |   Wed, 12 Jun 2019 13:57:00

Labour moves to prevent new PM pursuing no-deal Brexit - Starmer

Britain's opposition Labour Party said on Wednesday it had brought forward a motion for parliament to take control of government business to prevent a new prime minister pursuing a no-deal Brexit.
Reuters   |   Wed, 12 Jun 2019 13:53:39

Boris Johnson dodges questions on cocaine and Brexit - but it likely won't stop him becoming UK PM

CNN   |   Wed, 12 Jun 2019 13:46:52

EU warns UK must pay bill even in 'no deal' Brexit

This sum would cover budget commitments up through a transition period at the end of next year, but the British parliament has refused to ratify the treaty and Brexit has been delayed until October 31.
AFP / Financial Express   |   Wed, 12 Jun 2019 13:34:42

England's history of defaulting on European lenders shows repercussions of not paying Brexit bill

Shutterstock Boris Johnson's threat to withhold payment of the UK's £39 billion Brexit divorce bill until the EU gives Britain better exit terms has been the source of much debate over whether or not it constitutes a sovereign debt default. Technically, the UK would argue that this is not a ...
Tony Moore, Lecturer in Finance, Henley Business School, University of Reading / The Conversation   |   Wed, 12 Jun 2019 13:33:24

Johnson plays it safe as he launches Tory leadership bid

Favourite to be next prime minister waters down support for no-deal Brexit
FT   |   Wed, 12 Jun 2019 13:17:52

No-deal Brexit will be 'commercial suicide', manufacturers tell MPs

Industry draws link between politicians' talk of crashing out of EU and firms losing clients A no-deal Brexit will be "commercial suicide" with tens of thousands of jobs already lost in the UK because of the political uncertainty, manufacturing representatives have said. As Boris Johnson broke cover to launch his ...
Lisa O'Carroll Brexit correspondent / Guardian   |   Wed, 12 Jun 2019 13:07:48

Parts of Britain's finance sector still not ready for no-deal Brexit - EU

Parts of the financial sector were still not ready for a no-deal Brexit in October that would split the industry, the European Union's executive body said on Wednesday.
Reuters   |   Wed, 12 Jun 2019 13:07:02

Brexit Party 'at high risk' of accepting illegal donations

The elections watchdog says its systems must change to ensure money it receives is within the law.
BBC   |   Wed, 12 Jun 2019 12:48:16

What is 'no-deal Brexit'?

What people really mean when they talk about leaving the EU without a Brexit deal.
BBC   |   Wed, 12 Jun 2019 12:41:39

Brexit 'frustration' causing more Britons to avoid the news, report finds

Remain voters say polarising debate drags them down, and Leave voters say they can't always trust reports
Jane Dalton / The Independent   |   Wed, 12 Jun 2019 12:40:00

With October 31 Brexit pledge, Boris Johnson bids for UK leadership

Boris Johnson kicked off his campaign to succeed Prime Minister Theresa May on Wednesday with a commitment to lead Britain out of the European Union on October 31, warning his divided Conservative Party "delay means defeat".
Reuters   |   Wed, 12 Jun 2019 12:39:18

Labour says it will not allow May's successor to pursue a no deal Brexit

Britain's opposition Labour Party is not prepared to let Prime Minister Theresa May's successor pursue a no-deal Brexit, the party's spokesman said on Wednesday.
Reuters   |   Wed, 12 Jun 2019 12:38:56

EUR/GBP - Leadership race weighs on sterling

UK data encouraging but leadership race remains a drag on GBP It's all gone a little quiet in the UK recently, well, compared to the Brexit noise we've become accustomed to. The Conservative leadership race has put Brexit on hold for now, which is handy as the new end of ...
Craig Erlam / OANDA   |   Wed, 12 Jun 2019 12:37:05

Brexit news - live: MPs reject attempt to seize control of Commons agenda in latest attempt to prevent no-deal exit

Follow live updates from Westminster
Jane Dalton, Ashley Cowburn, Jon Sharman, Lizzy Buchan / The Independent   |   Wed, 12 Jun 2019 12:35:00

Government will oppose Labour bid to seize parliamentary time - PM May's spokesman

The British government will instruct its lawmakers to vote against an attempt on Wednesday by the opposition Labour Party to seize control of parliamentary time to try and stop a no-deal Brexit, Prime Minister Theresa May's spokesman said.
Reuters   |   Wed, 12 Jun 2019 12:34:09

Northern Ireland businesses warned over no-deal Brexit

Firms face severe problems from export checks and inspections, report says A no-deal Brexit will create severe problems for Northern Irish businesses and oblige the Republic of Ireland to build border inspection posts, a report has said. Firms will have "limited room for manoeuvre" as they face an array of ...
Rory Carroll Ireland correspondent / Guardian   |   Wed, 12 Jun 2019 12:22:49

Tory leadership contestants drugged on Brexit

Candidates are making ever wilder promises about leaving without a deal and tax cuts
FT   |   Wed, 12 Jun 2019 12:16:39

Boris Johnson admits no-deal Brexit will hurt UK while dodging journalists' questions during rambling campaign launch

'I'm not going to pretend to you now that everything will be plain sailing, there will be difficulties'
Andrew Woodcock / The Independent   |   Wed, 12 Jun 2019 11:51:00

Channel 4 Now Blaming Football as Well as Brexit for Slump

Channel 4 News have now shifted to trying to blame the World Cup for their poor recent viewing figures, editor Ben De Pear had a sense of humour failure over an obviously light-hearted joke by Iain Dale last night. Funny how Channel 4's annual report forgot to mention the football ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 12 Jun 2019 11:45:24

Labour plan for soft Brexit has 'run out of road' and party should back second referendum, says Welsh first minister

Mark Drakeford said Tory leadership contest shows that referendum is now most realistic option
Jon Stone / The Independent   |   Wed, 12 Jun 2019 11:36:00

Boris Johnson bids for UK leadership with pledge of October 31 Brexit

Boris Johnson kicked off his campaign to succeed Prime Minister Theresa May on Wednesday with a pledge to lead Britain out of the European Union on Oct. 31 and a warning to his divided Conservative Party that "delay means defeat".
Reuters   |   Wed, 12 Jun 2019 11:17:19

Parliament faces 'mortal retribution' from voters if Brexit is blocked -Johnson

It would be very difficult for parliament to block Brexit and there would be "mortal retribution" from voters if it did, Boris Johnson, the frontrunner to succeed Prime Minister Theresa May, said on Wednesday.
Reuters   |   Wed, 12 Jun 2019 11:12:27

Boris Johnson dismisses 'offensive' language charge

The former foreign secretary and leadership hopeful predicted 'a sense of duty' would mean MPs would not block a no-deal Brexit.
Charlie Cooper, James Randerson / Politico   |   Wed, 12 Jun 2019 11:08:54