Brexit News Archive: 15 Aug 2019

UK centrists urged not to dismiss Corbyn's Brexit plan for power

Staring down a 'no-deal' Brexit, opposition leader Jeremy Corbyn announced a plan, which was immediately dismissed.
Al Jazeera   |   Thu, 15 Aug 2019 20:54:06

Corbyn plan to avert no-deal Brexit faces big hurdles

Labour leader does not appear to have the votes to form government
FT   |   Thu, 15 Aug 2019 19:16:48

Brexit, the Irish backstop, and the Good Friday Agreement

One of Boris Johnson's early moves as Prime Minister was to throw back the so-called provision which proved the most contentious part of the Brexit deal negotiated between Theresa May and the EU. The backstop would temporarily keep the United Kingdom in the European Union Customs Union until a permanent ...
Jacques Mistral / Brookings   |   Thu, 15 Aug 2019 18:45:53

FTSE 100 plunges to six-month low on China's trade threat

London's FTSE 100 tumbled to a six-month low as China's warning to counter the latest U.S. tariffs fanned trade tensions, while the more domestically focussed midcap index fared better in comparison, amid investors' hopes of averting a no-deal Brexit.
Reuters   |   Thu, 15 Aug 2019 17:13:44

Brexit teaches us a useful lesson in the need for civics

A bureaucratic test and guidebook has been ridiculed but it exposes a deficit in knowledge of Britishness
FT   |   Thu, 15 Aug 2019 16:56:00

Ireland well-placed to respond to growing no deal Brexit risk - minister

The growing possibility of a no deal Brexit will present a very difficult shock for Ireland but is one its strongly growing economy is well-placed to respond to, Irish Finance Minister Paschal Donohoe said on Thursday.
Reuters   |   Thu, 15 Aug 2019 16:08:11

Brexit: Corbyn plan to stop no deal meets resistance

The Labour leader's plan to become caretaker PM is rejected by Liberal Democrat leader Jo Swinson.
BBC   |   Thu, 15 Aug 2019 16:05:36

Brexit: Tory MP Guto Bebb backs Corbyn as caretaker PM to avoid no-deal

A Conservative MP has broken ranks to support making Jeremy Corbyn a caretaker prime minister to avert the "generational damage" from a no-deal Brexit.
Rob Merrick / The Independent   |   Thu, 15 Aug 2019 15:42:00

Will Brexiters Bring Free Trade Back to Britain?

They can and they should, but it won't be easy.
Oliver Wiseman / Hit & Run   |   Thu, 15 Aug 2019 15:25:31

EU Tariff War With Indonesia Gives Brexit Britain Opportunity to Cream Off Trade

The EU's trade relations with South-East Asian powerhouse Indonesia have come under renewed strain with Indonesia preparing to slap a 20-25% tariff on dairy products from the EU in response to the EU whacking 8-18% tariffs on Indonesian biodiesel. How dair-EU! Indonesia's population of 260 million is over half the ...
Hugh Bennett / Guy Fawkes' blog   |   Thu, 15 Aug 2019 15:22:08

Brexit protester jailed over £1m train disruption stunt

A Brexit protester has been jailed for blocking trains running between London and France, causing disruption costing more than £1m.
Sky   |   Thu, 15 Aug 2019 14:42:00

Pound back above $1.21 on strong data and Brexit hopes

Beleaguered currency set for its best day under prime minister Boris Johnson
FT   |   Thu, 15 Aug 2019 14:37:12

Foreign Office Spending £500,000 on Trade Policy Training

While Civil Servants have been dragging their feet when it comes to Brexit, the Foreign Office has notoriously been the worst when it comes to accepting the result of the referendum. However, it appears that with Boris Johnson now in Downing Street and Dominic Raab in charge the penny has ...
Christian Calgie / Guy Fawkes' blog   |   Thu, 15 Aug 2019 14:18:00

The European Central Bank criticized financial institutions for not preparing for Brexit quickly enough

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Banking subscribers. To receive the full story plus other insights each morning,click here. The European Central Bank (ECB) criticized banks for not preparing for Brexit quickly enough, saying that financial institutions (FIs) have transferred "significantly fewer activities, ...
Gregory Magana / Business Insider   |   Thu, 15 Aug 2019 13:58:00

Meatloaf Brexiteers

It's the joke that might actually save the country, pointing out very simply that the group of people who have made their entire political raison d'etre opposition to Brexit were, in fact, just using it as one more thing to use to complain about Corbyn. They dislike Corbyn more than ...
Atrios / Eschaton   |   Thu, 15 Aug 2019 13:33:00

Explainer: UK to loosen budget purse strings as Brexit nears

Prime Minister Boris Johnson's government has made billions of pounds of new spending commitments in its first three weeks in office, even before the potential costs of a disruptive, no-deal Brexit are taken into account.
Reuters   |   Thu, 15 Aug 2019 13:27:27

Jo Swinson would do anything to stop a no-deal Brexit, but she won't do that

Somebody at some point is going to have to do something they don't want to do. And that person, for now, is not going to be Jo Swinson
Tom Peck / The Independent   |   Thu, 15 Aug 2019 13:27:00

Spend, spend, spend: spirit of Viv Nicholson lives on among shoppers | Larry Elliott

Consumers are not fretting about Brexit but you can understand why retailers are uneasy over 31 October Viv Nicholson, those with long enough memories may recall, won what was then a small fortune on the football pools in 1961. Asked what she was going to do with the money, she ...
Larry Elliott / Guardian   |   Thu, 15 Aug 2019 12:55:53

Asda cites 'Brexit uncertainty' as sales fall

First-half sales fell 0.3% but were boosted in the second half by the later timing of Easter.
BBC   |   Thu, 15 Aug 2019 12:47:01

What is Labour's Brexit plan?

Labour says it will do all it can to stop a no-deal Brexit.
BBC   |   Thu, 15 Aug 2019 12:46:44

Asda sales fall as Brexit uncertainty hits shoppers

Asda said Brexit uncertainty was hurting its customers as it reported a fall in sales for the first half of the year.
Sky   |   Thu, 15 Aug 2019 12:41:00

With Brexit looming, the future of Ireland is at stake

It would be one of the great ironies of history if the U.K. departure from the EU actually led to the end of its occupation of Northern Ireland.
David Callaway, Opinion contributor / USA Today   |   Thu, 15 Aug 2019 12:38:22

Asda says Brexit uncertainty affecting customers

Asda, the British supermarket arm of U.S. retail giant Walmart , said uncertainty surrounding Brexit was affecting its customers as it eked out a small rise in second quarter sales, helped by the later timing of Easter this year.
Reuters   |   Thu, 15 Aug 2019 12:26:17

Boris Johnson news: Labour calls Swinson 'childish' after Lib Dem leader rejects Corbyn plan to thwart no-deal Brexit by becoming PM

Conservative MP breaks ranks to support plan as Brexit crisis continues
Adam Forrest, Ashley Cowburn, Zamira Rahim / The Independent   |   Thu, 15 Aug 2019 12:15:00

Weekly Briefing: Bolton's visit demonstrates potential for post-Brexit tug-of-war between US and EU

This is the third of a series of weekly briefings Open Europe will publish analysing key Brexit, UK and EU developments. The post Weekly Briefing: Bolton's visit demonstrates potential for post-Brexit tug-of-war between US and EU appeared first on Open Europe .
Anna Nadibaidze / Open Europe   |   Thu, 15 Aug 2019 12:10:16

Rival plans to stop no-deal Brexit clash, limiting their chances

Opposition parties launched rival campaigns to topple Prime Minister Boris Johnson and stop him taking Britain out of the European Union without a deal, illustrating fractures in the anti-Brexit movement that make neither scheme likely to succeed.
Reuters   |   Thu, 15 Aug 2019 11:58:01

1 million EU citizens granted right to reside in UK after Brexit

Polish, Romanian and Italian nationals sent most applications under settlement scheme, according to Home Office.
Cristina Gallardo / Politico   |   Thu, 15 Aug 2019 11:51:19

We will not rule out any option to stop Brexit - Scottish leader Sturgeon

The leader of the Scottish National Party, Nicola Sturgeon, said on Thursday her party and its 35 lawmakers would explore any option to stop Brexit in parliament and did not rule out backing opposition Labour Party leader Jeremy Corbyn.
Reuters   |   Thu, 15 Aug 2019 11:36:49

Brexiteers promised a new dawn for UK farming, not agricultural Armageddon | Polly Toynbee

A new report sounds the death knell for Britain's farms in the event of no deal. It's not the vision our farmers were sold A small flock of sheep are trotting down Whitehall today to join a meeting of farmers who are coming together to mark the launch of a ...
Polly Toynbee / Guardian   |   Thu, 15 Aug 2019 11:33:12

German government expects no-deal Brexit - Handelsblatt

Read more on
FX Street   |   Thu, 15 Aug 2019 11:20:30

Online spending helps UK retail sales grow unexpectedly in July

British retail sales unexpectedly edged up in July, helped by the strongest growth in online spending in three years, as consumers continued to support the economy before the Oct. 31 Brexit deadline.
Reuters   |   Thu, 15 Aug 2019 11:17:02

Germany believes no-deal Brexit 'highly likely' - Handelsblatt

Germany's government expects Britain to crash out of the European Union on Oct. 31 without a deal in place on their future relations, the Handelsblatt business daily reported on Thursday, citing a finance ministry document.
Reuters   |   Thu, 15 Aug 2019 11:15:06

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