Brexit News Archive: 31 Jul 2019

Britain to spend an extra £2.1 billion on no-deal Brexit planning

Britain is ramping up preparations for a no-deal Brexit by preparing to spend an extra £2.1 billion to make sure the country is ready to leave the European Union with or without a divorce deal at the end of October.
Reuters   |   Wed, 31 Jul 2019 21:55:54

UK Treasury announces £2.1 billion funding to prepare for no-deal Brexit - The Telegraph

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FX Street   |   Wed, 31 Jul 2019 21:47:03

Boris Johnson's Belfast Brexit message leaves Dublin and EU in cold

Boris Johnson went a long way toward cementing his working majority in the U.K. Parliament with a visit to Northern Ireland on Wednesday, but did ...
No Author / Japan Times   |   Wed, 31 Jul 2019 21:39:47

No-deal Brexit plans to get £2.1bn boost

Measures to beef up border security and stockpile medicines are among the preparations being funded.
BBC   |   Wed, 31 Jul 2019 21:30:43

Javid to unveil £2bn extra Brexit cash for no-deal planning

Pot includes £434m to stop UK running out of vital medicines and £138m information campaign
FT   |   Wed, 31 Jul 2019 21:30:42

'No room' for excess meat in no-deal Brexit

Plans to buy up thousands of tonnes of unsold lamb in the event of a no-deal Brexit could be unworkable, Newsnight learns.
BBC   |   Wed, 31 Jul 2019 20:39:30

Boris Johnson: What does his tour around the UK tell us?

The new prime minister's Brexit strategy received a lot of push-back in Edinburgh, Cardiff and Belfast.
BBC   |   Wed, 31 Jul 2019 18:14:16

Leadsom fills first business roundtable with Brexiters

Leave campaigners dominate 'optimistic' meeting for new secretary of state
FT   |   Wed, 31 Jul 2019 17:48:35

No-deal Brexit plans turbo-charged with £2bn cash boost

Sajid Javid is announcing an emergency spending blitz of more than £2bn to prepare for a no-deal Brexit on 31 October.
Sky   |   Wed, 31 Jul 2019 17:47:00

Brexit News: Congress Refuses US - UK Trade Deal If Northern Ireland Agreement Is Threatened

British Prime Minister Boris Johnson, a passionate advocate for the U.K.'s exit from the European Union, may face a dilemma if his Brexit proposal threatens stability in Northern Ireland. Johnson is hoping that a robust trade deal with the United States could be made with President Donald Trump administration after ...
IBTimes   |   Wed, 31 Jul 2019 17:41:07

Johnson warned over Brexit impact on Northern Ireland

No-deal exit could trigger 'border poll' on leaving the UK, PM told
FT   |   Wed, 31 Jul 2019 17:10:16

UK plans no-deal Brexit ad campaign in Europe

London wants to ram home the message to EU capitals that it's not bluffing.
Charlie Cooper / Politico   |   Wed, 31 Jul 2019 17:00:25

Ryanair says it will cut 900 pilot and flight attendant jobs because of Brexit concerns and the Boeing 737 Max grounding

Low-cost airline Ryanair - Europe's largest airline - announced that it would cut 900 pilot and flight attendant jobs this year. The announcement comes following a rough second quarter for the airline, which saw profits drop 21%. Ryanair faced several challenges stemming from the global Boeing 737 Max grounding, the ...
David Slotnick / Business Insider   |   Wed, 31 Jul 2019 16:50:12

Hauliers face increased fines under new no-deal Brexit powers

Hauliers will face increased fines and civilian traffic officers will be granted new powers in the event of a no-deal Brexit under government plans to try and avoid debilitating customs delays at Dover. 
Sky   |   Wed, 31 Jul 2019 16:43:00

'Pull Trigger On Farage' Lib Dem Banned By Twitter

The former Liberal Democrat candidate who asked his Twitter followers if "as a patriot" they would "squeeze the trigger" on Nigel Farage. After days, Twitter has finally banned his account. Looks like '@RichardNoBrexit' has become Richard No Twitter... The post 'Pull Trigger On Farage' Lib Dem Banned By Twitter appeared ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 31 Jul 2019 16:32:32

Brexit cloud hanging over BoE "Super Thursday"

Is there anything to be learned from BoE on Thursday? The Bank of England's "not-so-Super Thursday" has gone completely under the radar this week, having been completely overshadowed by other seemingly far more important events but traders will still be watching with interest. Let's face it, it's understandable that the ...
Craig Erlam / OANDA   |   Wed, 31 Jul 2019 15:56:40

Oreo-maker Mondelez is bracing for Brexit - saying the pound's drop and price spikes may hurt sales of chocolate, cookies, and candy

The maker of Oreo and Cadbury Dairy Milk prepared for the worst ahead of the UK's scheduled departure from the European Union in March. Ahead of the new Brexit deadline, Mondelez plans to stockpile raw ingredients, lease extra warehouse space, and contract more delivery trucks for the second time this ...
Theron Mohamed / Business Insider   |   Wed, 31 Jul 2019 15:41:45

The UK auto industry is facing a slow death

The British car industry has been written off before. It now faces its biggest challenge since the 1970s.
CNN   |   Wed, 31 Jul 2019 15:22:56

Traders on tenterhooks ahead of Fed verdict; pound rebounds

The dollar index was flat on Wednesday while the pound bounced back from a 'no-deal Brexit' slump, with oil up for a fifth day and stocks little changed ahead of a highly anticipated statement from the U.S. central bank.
Reuters   |   Wed, 31 Jul 2019 15:19:18

Lloyds may need more protection insurance - against Brexit

As the hit from PPI payouts tails off, bank must now prepare for potential new economic crisis
FT   |   Wed, 31 Jul 2019 15:09:54

Farage, fundraising and the inescapable elite

For all the furore over World4Brexit, there's little the UK can do to stop rich outsiders influencing its politics
FT   |   Wed, 31 Jul 2019 15:08:27

Boris Johnson news - live: PM faces fresh court action over Brexit 'lies', amid more jeers on UK tour as Irish leaders unite against him

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Chris Baynes, Lizzy Buchan / The Independent   |   Wed, 31 Jul 2019 15:04:00

Tory MP to 'spend summer' considering Lib Dem defection

A Conservative MP has suggested he will "spend the summer" deciding whether to defect to the Liberal Democrats due to his opposition to a no-deal Brexit.
Sky   |   Wed, 31 Jul 2019 14:43:00

UK Set for Record August Flight Departures Despite Brexit

Despite the incessant doom and gloom from Remainers about Boris and the low pound - now it suits their agenda, at least - the UK's aviation market is still set to soar to new heights this August. Departing seats from UK airports are set to rise to their highest level ...
Hugh Bennett / Guy Fawkes' blog   |   Wed, 31 Jul 2019 14:35:23

Dominic Cummings: Boris Johnson's new adviser will relish his controversial status

One of Boris Johnson's first decisions on becoming prime minister of the UK was to appoint Dominic Cummings as a senior political adviser. An unfamiliar face outside of Westminster, Cummings is best known for his significant role as campaign director for Vote Leave - as portrayed in the film "Brexit: ...
Alistair Jones, Associate Professor of Politics, De Montfort University / The Conversation   |   Wed, 31 Jul 2019 14:31:01

Boris Johnson urges NI parties to 'seal power-sharing deal'

The PM held talks in Belfast to discuss Brexit and restoring devolved government.
BBC   |   Wed, 31 Jul 2019 14:17:56

Boris Johnson accused of threatening Irish peace process by 'wining and dining' DUP leaders

New prime minister completes his tour of the four nations of the UK with talks on restoration of devolved government in Northern Ireland
Andrew Woodcock / The Independent   |   Wed, 31 Jul 2019 13:38:00

Brexit: Emily Thornberry says Labour would be 'off our rockers' not to back Remain in second referendum

Position conflicts with Jeremy Corbyn who declined to say how Labour would campaign in a referendum if in government
Ashley Cowburn / The Independent   |   Wed, 31 Jul 2019 13:35:00

Brexit Update

The October 31 deadline for the UK to leave the EU is less than 100 days away. The new Prime Minister is beginning to convince others that that UK will, in fact, leave at the end of October. PredictIt.Org shows the odds of the UK leaving has risen to almost ...
Marc Chandler / Marc to Market   |   Wed, 31 Jul 2019 13:20:47

Boris Johnson's threat of a no-deal Brexit will not break EU unity | Guy Verhofstadt

The UK government should instead seek an agreement that removes the need for the backstop altogether• Guy Verhofstadt is Brexit coordinator for the European parliament No matter what Boris Johnson or his new Vote Leave cabinet threaten - and the expectation in Brussels is that no-deal planning will be ramped ...
Guy Verhofstadt / Guardian   |   Wed, 31 Jul 2019 13:17:38

Brexit: How have UK councils prepared?

Repaving roads, hiring vets and stockpiling food are all on councils' lists of Brexit preparations.
BBC   |   Wed, 31 Jul 2019 13:02:41

Johnson's Europe adviser in Brussels to pass on PM's Brexit message - spokesman

Prime Minister Boris Johnson's Europe adviser is in Brussels to pass on the British leader's message that the country is leaving the European Union on Oct. 31 "whatever the a government spokesman said on Wednesday.
Reuters   |   Wed, 31 Jul 2019 12:46:13

Irish Central Bank Warns of 100,000 Jobs Lost if No Deal

The Central Bank of Ireland has sounded off about potential 'cliff-edge' risks in the event of a no-deal, no-transition Brexit: "The main outstanding source of risk to financial stability in Ireland stems from a worse-than-expected macroeconomic shock. This could arise if the expected negative impact through trade channels is compounded ...
order-order / Guy Fawkes' blog   |   Wed, 31 Jul 2019 12:45:53

Brexit uncertainty boosts support for Welsh independence from the UK

vladm/Shutterstock In a move that surprised many, in June 2016, 52.5% of people in Wales voted to leave the European Union. But concerns over Brexit negotiations, and "chaos in UK politics" have mounted since then, and recent polls suggest that support for remain has risen considerably in Wales. Now, the ...
Stephen Clear, Lecturer in Constitutional and Administrative Law, and Public Procurement, Bangor University / The Conversation   |   Wed, 31 Jul 2019 12:16:10

PM Johnson stands by peace, no hard border whatever Brexit result - spokeswoman

British Prime Minister Boris Johnson told Northern Irish parties on Wednesday he would stand by the government's commitment to the Irish peace agreement and a pledge not to return to a hard border whatever the result of Brexit, a spokeswoman said.
Reuters   |   Wed, 31 Jul 2019 12:10:22

UK Brexit negotiator heads to Brussels to meet EU officials despite Boris Johnson claim there would be no talks

The UK's Brexit negotiator is heading to Brussels for meetings with EU officials, despite a claim by Boris Johnson that the UK would stay away until the bloc scraps the controversial backstop.
The Independent   |   Wed, 31 Jul 2019 12:03:48

Trade tensions drag on stocks as markets await Fed verdict

Fresh trade war fears weighed on global stocks on Wednesday before a U.S. Federal Reserve meeting, with the dollar holding firm and Britain's pound subdued on growing fears of a no-deal Brexit.
Reuters   |   Wed, 31 Jul 2019 12:01:32

Remain Alliance - can it halt Brexit and beat Boris Johnson?

Shutterstock This week's by-election in Brecon and Radnorshire will be the first formal test of the so-called Remain Alliance. The unusually short list of candidates in this contest is partly because parties such as the Green Party and Plaid Cymru, have stood down in favour of the Liberal Democrats. Campaign ...
Paula Keaveney, Senior Lecturer in Politics, Edge Hill University / The Conversation   |   Wed, 31 Jul 2019 11:57:04

Remainers Blame Brexit for Not Making Profit for Seven Years

Gay Star News has shut its doors, making twenty people redundant and not paying them for a whole month of work. Aside from journalism, the company had also been running the official not-so-successful LGBT+ for a People's Vote campaign. What are they blaming for their demise? "The uncertainty over Brexit" ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 31 Jul 2019 11:43:15

Ireland not going to be bullied on Brexit - Varadkar

Ireland is not going to be bullied in talks over Britain's withdrawal from the European Union, Irish Prime Minister Leo Varadkar said in an interview published on Wednesday.
Reuters   |   Wed, 31 Jul 2019 11:31:56

Morning News: July 31, 2019

Brexit and Boris Johnson Send the British Pound on a Slide Some Very Hungry Cows May Rescue India From a Giant Sugar Glut With Fed [...]
Eddy Elfenbein / Eddy Elfenbein   |   Wed, 31 Jul 2019 11:13:33

Brexit meltdown? UK car investment tumbles but consumers resilient

Investment in Britain's car industry has slumped due to fears about a disorderly no-deal Brexit, adding to signs of a manufacturing downturn even as consumers stay relatively resilient, surveys and company comments showed on Wednesday.
Reuters   |   Wed, 31 Jul 2019 11:11:30

Brexit News Archive: 31 Jul 2019     |     enquire