Brexit News Archive: 22 Aug 2019

Macron delivers tough Brexit message to Johnson

When Emmanuel Macron and Boris Johnson spoke to reporters ahead of their meeting in Paris on Thursday, they stood side by side but sounded as if they were living in parallel universes.
CNN   |   Thu, 22 Aug 2019 21:20:04

British Pound ETF Surges After Macron Says Brexit Deal Can Be Adjusted

The British pound sterling-relate ETF fund climbed Thursday after French President Emmanuel Macron said the United Kingdom can leave the European Union with a deal. The Invesco CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) rose 1.1% on Thursday while the pound strengthened 1.1% to $1.226. Macron stated that the Withdrawal ...
Max Chen / ETF Trends   |   Thu, 22 Aug 2019 18:55:01

'We Will Not Find A New Deal' - Macron Pours Cold Water On Brexit Compromise

Prime Minister Boris Johnson has just completed his first full rotation on the withdrawal agreement merry-go-round. And unfortunately for him and his Conservative Party, it doesn't look like he accomplished much, other than winding down the clock toward Oct. 31, the new - and some claim final - 'Brexit Day'. ...
Tyler Durden / Zero Hedge   |   Thu, 22 Aug 2019 18:45:26

'How f---ing stupid is this?': A hard Brexit could upend global air travel thanks to complex rules from 1944

With a no-deal, or "hard," Brexit looking increasingly likely on October 31, airlines and aviation officials are preparing for the consequences of the United Kingdom leaving the European Union. The process of disentangling UK and EU airlines, regulations, and practices has proved, predictably, complicated. Though there had been concerns that ...
David Slotnick / Business Insider   |   Thu, 22 Aug 2019 18:38:00

PM puts foot on table during Brexit talks at Elysee

Boris Johnson rested his foot on a piece of furniture during his visit to the Elysee Palace in Paris.
Sky   |   Thu, 22 Aug 2019 17:18:00

Did Merkel really offer a big Brexit concession?

Germans say UK media has misinterpreted chancellor's stance on Irish backstop
FT   |   Thu, 22 Aug 2019 17:16:22

Macron backs more Brexit talks but insists no concessions

French President Emmanuel Macron on Thursday backed holding further talks to avoid Britain crashing out of the EU without a deal but rejected major concessions, as he hosted Prime Minister Boris Johnson just over two months ahead of the planned British exit. Echoing comments by German Chancellor Angela Merkel, Macron ...
IBTimes   |   Thu, 22 Aug 2019 17:08:36

Brexit: Northern Ireland farmers warn of no deal risks

Some food producers say a no-deal Brexit could put them out of business within three days.
BBC   |   Thu, 22 Aug 2019 16:57:55

FTSE 100 falls after Fed minutes, pound rally

London's FTSE 100 fell on Thursday as the latest signals from the U.S. Federal Reserve dampened hopes of hefty interest rate cuts, while exporter stocks slipped as the pound rose after German Chancellor Angela Merkel's comments on the Brexit deal.
Reuters   |   Thu, 22 Aug 2019 16:46:05

Let the Brexit blame game begin

EU leaders have made it clear Brexit is Boris Johnson's problem.
Emilio Casalicchio / Politico   |   Thu, 22 Aug 2019 16:43:00

Jeremy Corbyn: I agree with Macron on Brexit

Labour leader Jeremy Corbyn is in agreement with Emmanuel Macron's stance on Brexit - after the French president insisted the Irish border backstop is
Sky   |   Thu, 22 Aug 2019 16:22:00

Move Your Bankers to Paris or Frankfurt ... Or Else

The quest by some in Brussels to weaken the post-Brexit City of London and beef up the euro zone's finance industry might be self-defeating.
Washington Post   |   Thu, 22 Aug 2019 16:10:24

Brexit news - LIVE: Macron tells Boris Johnson backstop is 'indispensable' and says new Withdrawal Agreement 'cannot be found within 30 days'

Follow all the latest developments
Adam Forrest, Lizzy Buchan / The Independent   |   Thu, 22 Aug 2019 15:49:00

Duh

I don't want to go to the airport on peak travel day either.Britain has been warned by the German government that its food producers might stop delivering to the UK rather than risk their goods getting caught up in bottlenecks at ports in a no-deal Brexit, BuzzFeed News can reveal.It ...
Atrios / Eschaton   |   Thu, 22 Aug 2019 15:47:00

Explainer: What is the Brexit backstop alternative paper Johnson praised?

British Prime Minister Boris Johnson referred for the second successive day on Thursday to "an excellent paper" endorsed by pro-Brexit members of parliament proposing alternatives to replace the so-called Irish backstop.
Reuters   |   Thu, 22 Aug 2019 15:28:42

Britain-EU talks must respect single market integrity, Irish stability - Macron

French President Emmanuel Macron and Prime Minister Boris Johnson held constructive talks on Thursday and agreed that exchanges between Britain and the European Union in search of a Brexit deal should continue until the end of September, an official in Macron's office said.
Reuters   |   Thu, 22 Aug 2019 14:52:59

The Brief: Brexit Brussels scale-back and pressure over ivory trade

euronews   |   Thu, 22 Aug 2019 14:51:00

Merkel: I didn't mean 30 days as a fixed Brexit deadline

'The 30 days were meant as an example to highlight the fact that we need to achieve it in a short time.'
Joshua Posaner / Politico   |   Thu, 22 Aug 2019 14:40:25

Macron: There's no time to negotiate new Brexit deal

Talks over the Irish backstop unlikely to yield a dramatically different divorce deal, French president warns.
Al Jazeera   |   Thu, 22 Aug 2019 14:33:39

Macron backs further Brexit talks as Johnson visits

French leader Emmanuel Macron backed the idea of further talks to find a solution to Brexit while ruling out major concessions as he met British Prime Minister Boris Johnson on Thursday. Like German Chancellor Angela Merkel on Wednesday, Macron supported allowing another 30 days to find a solution to the ...
IBTimes   |   Thu, 22 Aug 2019 14:24:31

Boris Johnson could 'declare no confidence in himself' to force no-deal Brexit, ex-Tory warns

Nick Boles fears ruse is way to suspend parliament for general election - to be held after UK has crashed out of EU
Rob Merrick / The Independent   |   Thu, 22 Aug 2019 14:06:00

Sterling rises on optimistic Merkel comments

Pound shot higher on hopes that a Brexit deal could still be within reach
FT   |   Thu, 22 Aug 2019 13:52:47

Stock markets play waiting game before Fed chief speech

Global stock markets traded sideways Thursday as investors avoided risk on the eve of a speech by Federal Reserve head Jerome Powell, hotly anticipated for clues on the interest rate outlook. The British pound, meanwhile, gained on optimism that an orderly Brexit may yet be on the cards. "Caution is ...
IBTimes   |   Thu, 22 Aug 2019 13:52:26

Merkel - '30 days' Brexit remarks were meant to highlight urgency

German Chancellor Angela Merkel said she had not given Britain 30 days to find a solution for the so-called Irish backstop but had wanted to highlight how short time was before Britain's planned European Union exit date of Oct. 31.
Reuters   |   Thu, 22 Aug 2019 13:50:51

Brexit: Backstop indispensable, Macron tells Johnson

PM meets French president in Paris, insisting Brexit impasse can be broken "with energy and creativity".
BBC   |   Thu, 22 Aug 2019 13:47:23

Pound jumps after Germany's Merkel says Brexit backstop solution possible by October 31

The British pound jumped more than half a cent on Thursday to nearly a one-month high after German Chancellor Angela Merkel said a solution to the Irish border issue could be found before the Oct. 31 deadline for Britain to leave the European Union.
Reuters   |   Thu, 22 Aug 2019 13:35:43

‘I want a deal’: UK PM Johnson presses for new Brexit negotiations, but French leader Macron rules out major compromises

French leader Emmanuel Macron backed the idea of a month of further talks to find a solution to Brexit while ruling out major compromises as he met British Prime Minister Boris Johnson for talks on Thursday.Like German Chancellor Angela Merkel on Wednesday, Macron supported allowing another 30 days to find ...
Agence France-Presse / South China Morning Post   |   Thu, 22 Aug 2019 13:31:41

Emmanuel Macron is refusing to take the blame for Boris Johnson's lies - but that doesn't mean they'll stop

The prime minister is using his trip to Europe to be blatantly dishonest about the Northern Irish border. No one believes what he's saying, but he knows it doesn't matter
Tom Peck / The Independent   |   Thu, 22 Aug 2019 13:25:00

British retail sales crash in August as no-deal fears mount

British retail sales dropped this month at the fastest rate since 2008, according to a survey conducted by the business group CBI.
Sky   |   Thu, 22 Aug 2019 12:53:00

Brexit: Labour must 'seriously consider' backing alternative caretaker PM to prevent no-deal if Corbyn fails, says frontbencher

Labour leader wants other opposition parties to install him in No10 after no-confidence vote in Boris Johnson
Lizzy Buchan / The Independent   |   Thu, 22 Aug 2019 12:39:24

UK retail sales collapse at fastest pace since 2008 - CBI

British retail sales plunged in August at the fastest pace since December 2008, according to a survey published on Thursday that added to signs of a slowing economy ahead of Brexit in just over two months' time.
Reuters   |   Thu, 22 Aug 2019 12:30:48

7 things to do in 30 days (that aren't averting no-deal Brexit)

Boris Johnson could take up Angela Merkel's challenge - or he could do something else.
Paul Dallison / Politico   |   Thu, 22 Aug 2019 12:25:47

Macron backs month of Brexit talks as Johnson visits

French leader Emmanuel Macron backed the idea of a month of further talks to find a solution to Brexit while ruling out major compromises as he met British Prime Minister Boris Johnson for talks on Thursday. Like German Chancellor Angela Merkel on Wednesday, Macron supported allowing another 30 days to ...
IBTimes   |   Thu, 22 Aug 2019 12:23:19

Immigration to Britain falls to five-year low ahead of Brexit - ONS

Net immigration to Britain sank to its lowest since 2013 during the year to the end of March, driven by a sustained fall in the number of immigrants from the European Union since 2016's Brexit referendum, official figures showed on Thursday.
Reuters   |   Thu, 22 Aug 2019 12:19:27

Macron to Johnson: 'Different' Brexit agreement not possible in 30 days

UK prime minister and French president set for talks on Brexit.
Rym Momtaz, Charlie Cooper / Politico   |   Thu, 22 Aug 2019 12:19:17

Laura Ashley reports £14m loss on slump in home furnishings

Retailer blames Brexit for denting consumer confidence, with furniture sales also down Laura Ashley has slumped to an annual loss of more than £14m after a collapse in demand for its signature floral home furnishings. The retailer said Brexit concerns had hit consumer confidence and stopped shoppers from making big-ticket ...
Zoe Wood / Guardian   |   Thu, 22 Aug 2019 12:16:31

Macron casts doubt on Johnson hopes for Brexit deal

UK prime minister insists agreement can be reached before Halloween deadline
FT   |   Thu, 22 Aug 2019 12:15:55

France's Macron tells Johnson: not enough time for a new Brexit deal

French President Emmanuel Macron firmly told Prime Minister Boris Johnson on Thursday that there was not enough time to negotiate a wholly new Brexit divorce deal.
Reuters   |   Thu, 22 Aug 2019 12:08:21

UK and South Korea sign post-Brexit trade deal

Britain and South Korea on Thursday signed a deal that will allow the two countries to keep trading freely after Brexit.The deal rolls over existing provisions under an EU trade deal and protects annual bilateral trade flows worth £14.6 billion (US$17.7 billion) in 2018.Malaysia dangles post-Brexit trade deal in front ...
Agence France-Presse / South China Morning Post   |   Thu, 22 Aug 2019 11:57:11

UK high street sales fall at fastest rate since 2008

Sentiment 'crumbling' as shop owners grapple with rising costs and Brexit uncertainty High street sales have slumped at their fastest pace since 2008 in August, leaving retailers' confidence The CBI's health check on the retail industry found sales volumes and orders fell at the fastest rate in 10 years, while ...
Phillip Inman / Guardian   |   Thu, 22 Aug 2019 11:52:23

Food for thought: Mecca Bingo owner plans no-deal Brexit menu

Rank will not need to rely on foodstuffs coming through ports if there is disruption The gambling group Rank has drawn up an emergency "Brexit menu" for its Mecca Bingo and Grosvenor Casino chains, which it will roll out if food and drink supplies are disrupted in a no-deal departure ...
Mark Sweney / Guardian   |   Thu, 22 Aug 2019 11:45:05

Emmanuel Macron dismisses Boris Johnson's hopes of new Brexit deal in 30 days

Emmanuel Macron has dashed Boris Johnson's hopes of negotiating a new Brexit deal, warning that any possible agreement would look similar to the existing one struck by his predecessor.
Jon Stone / The Independent   |   Thu, 22 Aug 2019 11:45:00

Boris Johnson must change his negotiating tactics to avoid no-deal Brexit - EU treaty-making experts

With the clock counting down to a no-deal Brexit, the UK's new prime minister, Boris Johnson has been meeting with his German and French counterparts, over the terms of the UK's withdrawal from the European Union (EU). Seemingly committed to a no-deal Brexit on October 31, Johnson hopes his hardline ...
Dermot Hodson, Professor of Political Economy, Birkbeck, University of London / The Conversation   |   Thu, 22 Aug 2019 11:44:43

Setting stern tone, France's Macron to spar with Johnson on Brexit

British Prime Minister Boris Johnson will on Thursday try to convince France to reopen Brexit negotiations less than a day after President Emmanuel Macron bluntly ruled out any further talks on the divorce deal.
Reuters   |   Thu, 22 Aug 2019 11:43:33

Johnson on Brexit at meeting with Macron

British Prime Minister Boris Johnson met French President Emmanuel Macron on Thursday. Following are key Johnson quotes when he spoke alongside Macron just after his arrival:
Reuters   |   Thu, 22 Aug 2019 11:43:12

Irish businesses most exposed to Brexit aren't ready, government warns

Some of the Irish businesses most exposed to the risk of Britain crashing out of the European Union in 10 weeks are not very well prepared, Ireland's government warned on Thursday.
Reuters   |   Thu, 22 Aug 2019 11:39:33

France's Macron: No time to negotiate new Brexit deal

French President Emmanuel Macron on Thursday told Britain's Prime Minister Boris Johnson there was not enough time in the month ahead to negotiate a new Brexit Withdrawal Agreement.
Reuters   |   Thu, 22 Aug 2019 11:34:15

Weekly Briefing: Boris Johnson challenges the EU on the backstop

This is the fourth of a series of weekly briefings Open Europe will publish analysing key Brexit, UK and EU developments. The post Weekly Briefing: Boris Johnson challenges the EU on the backstop appeared first on Open Europe .
David Shiels / Open Europe   |   Thu, 22 Aug 2019 11:30:23

Ending free movement for EU citizens on day one of Brexit is impossible, experts warn

Oxford University's respected Migration Observatory dismisses Priti Patel's plan - because employers will be unable to carry out checks
Rob Merrick / The Independent   |   Thu, 22 Aug 2019 11:20:00

Encouraged by Merkel, Johnson tells Macron: I want a Brexit deal

British Prime Minister Boris Johnson told French President Emmanuel Macron on Thursday that he wanted a Brexit deal and believed it was still possible to reach one in time for the Oct. 31 deadline.
Reuters   |   Thu, 22 Aug 2019 11:19:48

Brexit News Archive: 22 Aug 2019     |     enquire