Brexit News Archive: 02 Aug 2019

Edinburgh Festival artists refuse pay in sterling

Brexit uncertainty forces event organisers to use euros and dollars
FT   |   Fri, 2 Aug 2019 20:30:27

Nervous UK plc battens down no-deal Brexit hatches

Big companies are largely prepared but many small groups appear vulnerable
FT   |   Fri, 2 Aug 2019 20:18:11

EUR/GBP: Sterling poised to benefit from Brexit resolution but upside limited by current account deficit - CIBC

FX Street   |   Fri, 2 Aug 2019 19:14:22

With no clear path for Brexit, expect more volatility in UK markets

The United Kingdom’s newly minted Prime Minister Boris Johnson has stepped up his “no deal” rhetoric, claiming he will not meet with EU leaders unless they agree to change key aspects of Britain’s divorce deal and sending the British pound spiralling downwards.Regarding his purportedly hardline stance, Johnson’s exact words were ...
Tai Hui / South China Morning Post   |   Fri, 2 Aug 2019 19:00:08

Carney sees major chance of no-deal Brexit

Taipei Times   |   Fri, 2 Aug 2019 18:04:48

Tory rebels threaten Boris Johnson after majority cut to one

Prime minister faces losing control of parliament after Lib Dem byelection win Boris Johnson faced a grave threat to his control of parliament on Friday as he was warned that Conservative rebels could cross the House of Commons to foil Brexit in the aftermath of a byelection that reduced his ...
Jessica Elgot Chief political correspondent / Guardian   |   Fri, 2 Aug 2019 17:42:12

Brexit supporter jailed for death threats to MPs

A Brexit-supporting father-of-three who left voicemail death threats for a number of MPs has been jailed.
Sky   |   Fri, 2 Aug 2019 17:22:00

The week Boris Johnson's Brexit plan met reality

Currency markets, business and voters all knock the prime minister
FT   |   Fri, 2 Aug 2019 16:58:19

OANDA Market Insights podcast (episode 76)

OANDA Senior Market Analyst Craig Erlam previews the week's business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week they discuss the US jobs report, the Fed, the trade war, Brexit, sterling, the RBA and the RBNZ.
Craig Erlam / OANDA   |   Fri, 2 Aug 2019 16:44:02

Man jailed for death threats to 'anti-Brexit' MPs

Robert Vidler is sentenced to 18 weeks in prison after making threatening phone calls to six MPs.
BBC   |   Fri, 2 Aug 2019 16:31:00

FTSE 100 endures worst day of 2019, Brexit worries hit RBS

UK shares plunged to their lowest in a over a month on Friday after U.S. President Donald Trump threatened to hit China with more trade tariffs, while a Brexit-induced warning on targets knocked shares in Royal Bank of Scotland.
Reuters   |   Fri, 2 Aug 2019 16:05:46

Yes, a no-deal Brexit will hurt the economy. But nobody knows just how much | Anand Menon and Jonathan Portes

Leaving without a deal is not an event, it's the start of a process - and Mark Carney is right not to predict its long-term impact Predictions matter, not least because they feed directly into the political debate. We saw this all too clearly in 2016. And apocalyptic predictions matter ...
Anand Menon and Jonathan Portes / Guardian   |   Fri, 2 Aug 2019 15:42:59

German public trust in UK falls to historic low amid Brexit stand-off

Justin Huggler / Telegraph   |   Fri, 2 Aug 2019 15:27:27

RBS/Brexit: lowland fling

For better or worse, the bank cannot escape the UK
FT   |   Fri, 2 Aug 2019 14:52:36

Pound plunge prompts bargain hunters to look beyond Brexit fog

For those with the stomach to digest more months of Brexit-induced political wrangling, sterling's plunge to two-year lows is raising the question: is it time to dip back into hard-hit British markets for potential bargains?
Reuters   |   Fri, 2 Aug 2019 14:21:23

The Clearest Sign Yet of Britain's Brexit Pain

RBS is stuck in purgatory, with no escape in sight.
Washington Post   |   Fri, 2 Aug 2019 12:45:39

Offer for £875m office development boosts London property market

South Bank office bid a lift for real estate sector weighed down by Brexit
FT   |   Fri, 2 Aug 2019 12:32:14

Just telling people to do stuff doesn't work then

A retired accountant from Wandsworth tells us that: So, fourthly, what this proves is that Sajid Javid is a fantasist, living in his Brexit bunker, thinking that writing a letter will solve a problem. It won't. Just a monent's thought ... read more
Tim Worstall / Tim Worstall   |   Fri, 2 Aug 2019 11:45:44

Frank Field To Stand In Next Election As 'Birkenhead Social Justice Party' Candidate

Veteran former Labour MP and Brexiteer Frank Field has announced that he will seek re-election at the next election as a candidate for his new 'Birkenhead Social Justice Party'. Field sensationally quit the Labour Party last year over anti-Semitism and bulling within the party. Field's new party will be publishing ...
Tom Harwood / Guy Fawkes' blog   |   Fri, 2 Aug 2019 11:05:14

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