Brexit News Archive: 22 Jul 2019

Legal move against Commons Brexit suspension

A cross-party group of parliamentarians is seeking a ruling that parliament cannot be prorogued.
BBC   |   Mon, 22 Jul 2019 20:59:29

No-deal Brexit in October could lead to 'severe downturn': Report

British think-tank says there is a 25 percent chance the country has already 'entered a technical recession'.
Al Jazeera   |   Mon, 22 Jul 2019 20:54:30

Brexit: MPs and peers taking legal action to stop Boris Johnson from suspending Commons to allow no deal

Cross-party group of parliamentarians want Scottish court to rule before MPs return to Westminster in September
Andrew Woodcock / The Independent   |   Mon, 22 Jul 2019 20:02:00

Pay at London's 'magic circle' lawyers hits new record

Demand for advice on regulatory fallout from Brexit helps top firms
FT   |   Mon, 22 Jul 2019 20:00:25

Voting for new U.K. prime minister ends amid Brexit foreboding

Voting closed Monday in the two-man contest to become Britain's next prime minister, as critics of likely winner Boris Johnson condemned his vow to take ...
No Author / Japan Times   |   Mon, 22 Jul 2019 19:16:32

EUR/GBP at the mercy of Brexit noise, the Fed and ECB

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FX Street   |   Mon, 22 Jul 2019 18:37:25

How Brexit Could Unleash a U.K. Constitutional Crisis: QuickTake

Could the next prime minister suspend Parliament to push through Brexit against the will of lawmakers? That's the most pressing question facing businesses, citizens and investors as the front-runner to become Britain's next prime minister vows to lead the country out of the European Union in October with or without ...
Washington Post   |   Mon, 22 Jul 2019 18:35:48

Brexit activist James Goddard escapes immediate prison term after harassing Remain MP Anna Soubry

Right-wing 'yellow vest' campaigner handed suspended sentence and banned from area around parliament
Jane Dalton / The Independent   |   Mon, 22 Jul 2019 17:55:35

Boris Johnson 'faces constitutional crisis' over his 'do or die' Brexit plans within weeks of becoming PM

Warnings from MPs come as John Major says Theresa May's successor must choose between the voice of an 'ultra-Brexit faction' or the servant of the people
Andrew Woodcock / The Independent   |   Mon, 22 Jul 2019 17:32:00

GBP/USD: Neutral as no deal Brexit risks increasingly discounted - CitiBank

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FX Street   |   Mon, 22 Jul 2019 17:13:06

US firm WeWork secures 'financial inducement' of £55.7m in Brexit windfall

Property company makes deal as a result of European Medicines Agency's move to Amsterdam A US firm run by two billionaire entrepreneurs is being paid €62m (£55.7m) in "financial inducements" as part of the Brexit-enforced relocation of the European Medicines Agency from London to Amsterdam. WeWork, a $47bn (£37.7bn) property ...
Daniel Boffey in Brussels / Guardian   |   Mon, 22 Jul 2019 16:51:46

Jo Swinson elected Liberal Democrat leader

Appointment comes with party enjoying revival as anti-Brexit party
FT   |   Mon, 22 Jul 2019 15:48:30

Brexit news - live: Senior Tory reveals plot to oust Boris Johnson on first day as PM in extraordinary revelation

Follow for live updates from Westminster
Jane Dalton, Chris Baynes, Lizzy Buchan / The Independent   |   Mon, 22 Jul 2019 15:45:00

Britain's anti-Brexit Liberal Democrats name Jo Swinson as new leader

Britain's anti-Brexit Liberal Democrat party named lawmaker Jo Swinson as its new leader on Monday, as the party looks to translate a surge in voter support for its pro-European Union agenda into influence in a deadlocked parliament.
Reuters   |   Mon, 22 Jul 2019 15:41:01

Theresa May forced to abandon school funding boost

Chancellor blocks legacy cash injection amid concerns over raiding Brexit 'war chest'
FT   |   Mon, 22 Jul 2019 15:35:47

UK economy could be in recession, warns think-tank

Britain is 'vulnerable' as it heads towards Halloween Brexit deadline
FT   |   Mon, 22 Jul 2019 15:30:17

Insurgents make stand against a no-deal Brexit

Conservative moderates are resigning so they can obstruct new prime minister
FT   |   Mon, 22 Jul 2019 14:54:39

OANDA Market Insights podcast (episode 74)

OANDA Senior Market Analyst Craig Erlam previews the week's business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week Jonny and Craig discuss the next UK Prime Minister, Brexit, Bitcoin, Libra, Facebook, Amazon, Boeing, Deutsche Bank and the ECB interest rate decision. Needless to say, it's ...
Craig Erlam / OANDA   |   Mon, 22 Jul 2019 14:30:39

Alan Duncan: Tory minister reveals he resigned so he could try to oust Boris Johnson on his first day as PM

Former foreign office minister hoped to test the Brexit figurehead's ability to command a majority in the Commons
Andrew Woodcock / The Independent   |   Mon, 22 Jul 2019 14:28:00

UK Economy In Recession Risk As Brexit Nears: Study

Britain's economic growth is stagnating and there is an apprehension that the Brexit crisis has already pushed the U.K economy into a recession, according to a leading think tank. The findings of the study by the National Institute of Economic and Social Research (NIESR) say that Britain's economy is facing ...
IBTimes   |   Mon, 22 Jul 2019 14:06:56

No-deal Brexit risk may have already pushed UK into recession, says NIESR

Leaving without deal will 'throw concrete' in wheels of British-EU trade, says economist The mounting risk of no-deal Brexit may have pushed the UK economy into a recession already, one of the country's foremost economic forecasters has warned. Sounding the alarm ahead of the expected elevation of Boris Johnson to ...
Richard Partington / Guardian   |   Mon, 22 Jul 2019 13:44:30

Brexit harming UK industrial strategy, warns top economist

Deadlock means "not as much other stuff has happened as might," says the Bank of England's Andy Haldane.
BBC   |   Mon, 22 Jul 2019 13:31:41

Man who harassed MP Anna Soubry given suspended sentence

Pro-Brexit protester James Goddard, who admitted harassment after calling the MP Anna Soubry a Nazi outside the Houses of Parliament, has been given a suspended sentence.
Sky   |   Mon, 22 Jul 2019 13:08:00

Why the radical right relishes Boris Johnson as Prime Minister

Johnson's success in the Conservative leadership election is based upon undeliverable or potentially disastrous promises, either of which will only increase the Brexit Party surge.
Paul Stocker / Open Democracy   |   Mon, 22 Jul 2019 12:55:25

Hammond's successor must tell hard Brexit truths

The chancellor's warnings about no deal have irritated his cabinet colleagues
FT   |   Mon, 22 Jul 2019 12:44:21

Irish deputy PM sees a way past Brexit impasse in future relationship text

A planned declaration on the future relationship between Britain and the European Union could provide an way out of the current impasse in Brexit talks, Ireland's Foreign Minister Simon Coveney was quoted as saying on Monday.
Reuters   |   Mon, 22 Jul 2019 12:37:27

Under "dark cloud" of Brexit, UK minister quits before Johnson becomes PM,

A British minister and longstanding critic of Boris Johnson quit on Monday, the latest resignation before the presumed new prime minister takes office with a "do or die" pledge to leave the European Union with or without a deal.
Reuters   |   Mon, 22 Jul 2019 12:22:37

Darren Grimes Hits Out at Biased Electoral Commission

Exonerated Brexit hero Darren Grimes appeared on PoliticsLive today where he hit out at the wealthy Remainers who made the last three years of his life hell. He also took the time to thank generous backers who helped clear his name... The post Darren Grimes Hits Out at Biased Electoral ...
Tom Harwood / Guy Fawkes' blog   |   Mon, 22 Jul 2019 12:09:51

Stocks struggle, oil jumps on Middle East tensions

European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil prices and rising fears for a no-deal Brexit haunted the pound.
Reuters   |   Mon, 22 Jul 2019 11:49:21

Morning News: July 22, 2019

Sawdust Might Be One Answer to the World's Plastic Problem Millions of Barrels of Iranian Oil Are Piled Up in China's Ports Brexit May Have [...]
Eddy Elfenbein / Eddy Elfenbein   |   Mon, 22 Jul 2019 11:26:17

UK PM front-runner Boris Johnson says trade deal can break Brexit deadlock

Boris Johnson, favoured to become Britain's new prime minister, said on Sunday the country could agree a free trade deal to leave the European Union that would remove the need for one of the more problematic parts of a previous agreement. In his weekly column in The Telegraph newspaper, Johnson ...
sellputs / Hedge Accordingly   |   Mon, 22 Jul 2019 11:21:18