Brexit News Archive: 03 Sep 2019

Brexit: No-deal opponents defeat government

More than 20 of Boris Johnson's MPs vote against him - he responds by saying he will push for an October election.
BBC   |   Tue, 3 Sep 2019 21:59:22

Brexit: Did your MP vote to take control of Parliament?

Find out how your MP voted as Parliament ....
BBC   |   Tue, 3 Sep 2019 21:55:44

Tory divisions over Brexit laid bare at Westminster

String of rebels including former ministers line up to defy Johnson
FT   |   Tue, 3 Sep 2019 21:54:02

What next after crushing Tory defeat on no-deal Brexit?

Way cleared for emergency legislation to prevent UK leaving EU on October 31
FT   |   Tue, 3 Sep 2019 21:53:01

Conservative rebels defeat Johnson Brexit policy

No-deal opponents seize control of Commons agenda and cast Tories into disarray
FT   |   Tue, 3 Sep 2019 21:49:51

Brexit turmoil sends the pound on a wild ride

The pound is getting whipsawed amid growing political turmoil as UK Prime Minister Boris Johnson fights to take Britain out of the European Union by October 31.
CNN   |   Tue, 3 Sep 2019 21:49:18

Winston Churchill's grandson faces expulsion from party after defying PM Johnson

Nicholas Soames, the grandson of Britain's World War Two leader Winston Churchill, was facing expulsion from the Conservative Party after voting against Prime Minister Boris Johnson on Brexit.
Reuters   |   Tue, 3 Sep 2019 21:42:29

Pound rises briefly after lawmakers move to block no-deal Brexit

Sterling posted a brief rise against the dollar late on Tuesday after UK lawmakers approved a motion to seize control of parliamentary time to try to block Britain leaving the European Union with no deal.
Reuters   |   Tue, 3 Sep 2019 21:39:16

Who are the 21 Tories who defeated Johnson over Brexit?

A group of 21 Tory MPs joined a cross-party group trying to delay Brexit to stop no deal next month.
Sky   |   Tue, 3 Sep 2019 21:39:00

UK Prime Minister Boris Johnson loses key vote on Brexit

NBC's Matt Bradley brings the latest from London as UK Prime Minister has lost a key vote on Brexit.
MSNBC   |   Tue, 3 Sep 2019 21:38:00

GBP/USD seesaws around 1.2100 despite anti-no-deal Brexit MPs victory at the UK's parliament

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FX Street   |   Tue, 3 Sep 2019 21:34:48

'Brexiles' protest in Dublin at prospect of UK leaving EU with no deal

Despairing at a country she believed was becoming more insular the more its Brexit debate raged, Briton Jess Worsdale decided this year that it was time to move to Ireland for good.
Reuters   |   Tue, 3 Sep 2019 21:32:50

Javid review commits another £2bn to Brexit planning

Rapid increase in emergency spending raises fears over public finances
FT   |   Tue, 3 Sep 2019 21:31:15

Johnson says election is only option if lawmakers vote to delay Brexit

Prime Minister Boris Johnson said on Tuesday an election would be the only way to resolve the impasse over Britain's departure from the European Union if lawmakers vote to force him to seek a delay to Brexit.
Reuters   |   Tue, 3 Sep 2019 21:31:12

Rebel MPs Successfully Seize Control Of UK Parliament, General Election Likely

Having suddenly lost his parliamentary majority earlier today, and having accused opposition leader Jeremy Corbyn of intentionally weakening the UK's hand in Brexit negotiations, Boris...
sellputs / Hedge Accordingly   |   Tue, 3 Sep 2019 21:26:21

'Rebel alliance' defeats Johnson in key no-deal Brexit vote

Revolting Conservatives ensure prime minister's first defeat in parliament.
Al Jazeera   |   Tue, 3 Sep 2019 21:25:50

Brexit and 'no-deal': What just happened in the UK Parliament?

Boris Johnson's Brexit plans have been dealt a major blow. Here's a guide to what just happened.
BBC   |   Tue, 3 Sep 2019 21:25:00

British MPs defeat Johnson on Brexit, election looms

Prime Minister Boris Johnson faced a crucial vote in parliament on Tuesday that could derail Britain's exit from the European Union next month and lead to early elections. Johnson earlier lost his working majority in parliament with the dramatic defection of a party member ahead of a vote that could ...
IBTimes   |   Tue, 3 Sep 2019 21:20:07

Breaking: Brexit vote Yes 328 to block 301 no to block, UK gov loses vote

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FX Street   |   Tue, 3 Sep 2019 21:15:33

Boris Johnson defeated as MPs seek to stop no-deal Brexit

The prime minister said he regarded the vote as one of confidence in his premiership.
Annabelle Dickson, Emilio Casalicchio / Politico   |   Tue, 3 Sep 2019 21:14:42

Opponents of 'no-deal' Brexit defeat Johnson in parliament

A cross-party alliance defeated Prime Minister Boris Johnson in parliament on Tuesday in a bid to prevent him taking Britain out of the EU without a divorce agreement - a move that the government warned would thrust Britain towards an October snap election.
Reuters   |   Tue, 3 Sep 2019 21:13:44

British MPs Move to Allow Bill to Block No-Deal Brexit

"British lawmakers on Tuesday rose up against Prime Minister Boris Johnson, moving to prevent him from taking the country out of the European Union without a formal agreement, and precipitating an epic showdown that could provoke a snap general election," the New York Times reports. "The lawmakers voted to take ...
Taegan Goddard / Taegan Goddard   |   Tue, 3 Sep 2019 21:13:14

Brexit vote result: Rebel MPs defy threats from Boris Johnson in vote against no-deal

MPs vote by 328 to 301 in crushing blow to Boris Johnson's EU withdrawal plans
Andrew Woodcock / The Independent   |   Tue, 3 Sep 2019 21:10:00

Rich Hongkongers ‘snap up UK golden visas at unheard-of pace’

Rich Hongkongers are pouring cash into UK “golden visas” to ensure a bolt-hole for themselves and their families amid growing political unrest in Hong Kong, immigration lawyers and property investment companies said.The Brexit-battered pound, which makes the fee of £2 million (US$2.4 million) less expensive when converted from some other ...
Hilary Clarke / South China Morning Post   |   Tue, 3 Sep 2019 21:00:12

Brexit vote result: Which Tory MPs defied Boris Johnson's threats to stand in the way of no-deal?

Prime minister defeated in crunch vote after 21 Conservative MPs rebel
Chiara Giordano / The Independent   |   Tue, 3 Sep 2019 20:51:51

Ireland to up Brexit preparations as no deal risk rises

Ireland will begin a new phase of no-deal Brexit preparations on Wednesday with a call to action encouraging businesses to increase their level of preparedness, the government said after its weekly Cabinet meeting on Tuesday.
Reuters   |   Tue, 3 Sep 2019 20:39:46

Brexit keeps squeezing the pound

Mike Mackenzie's daily analysis of what's moving global markets
FT   |   Tue, 3 Sep 2019 20:36:41

Global markets rattled amid Brexit, U.S.-China trade war standoffs; Dow falls nearly 300 points

The volatility comes as investors are still smarting from a particularly volatile August, and there has been no word on when U.S.-China talks will resume.
Taylor Telford / Washington Post   |   Tue, 3 Sep 2019 20:30:52

Forex Today: Brexit dominates it all

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FX Street   |   Tue, 3 Sep 2019 20:08:55

PM Johnson faces parliament Brexit showdown

Prime Minister Boris Johnson faced a crucial vote in parliament on Tuesday that could derail Britain's exit from the European Union next month and lead to early elections. Johnson earlier lost his working majority in parliament with the dramatic defection of a party member ahead of a vote that could ...
IBTimes   |   Tue, 3 Sep 2019 20:05:05

Lawmakers shout 'Resign!' as U.K.'s Johnson loses party majority amid defections over Brexit

British Prime Minister Boris Johnson suffered key defections from his party Tuesday, losing a working majority in Parliament and weakening his position as he tried ...
No Author / Japan Times   |   Tue, 3 Sep 2019 19:30:39

MPs against no-deal Brexit take control of Commons agenda

MPs trying to avoid a no-deal Brexit next month have cleared a major hurdle by winning a vote to seize control of the parliamentary agenda.
Sky   |   Tue, 3 Sep 2019 19:23:00

Brexit: New rules could give EU nationals three-year right to remain after possible no-deal

Change comes after government backed away from Priti Patel plan for immediate halt to freedom of movement
Andrew Woodcock / The Independent   |   Tue, 3 Sep 2019 19:21:00

Brexit showdown: MPs trigger vote to block PM leaving EU with no deal

British MPs on Tuesday triggered a vote that could allow them to stop Boris Johnson pursuing a "no-deal" Brexit, a challenge that the government warned would prompt the prime minister to seek an election on Oct. 14.
Reuters   |   Tue, 3 Sep 2019 19:01:02

Brexit negotiation team reduced to less than a quarter of size under Theresa May

Boris Johnson understood to have ordered of manpower to avoid complexity
Andrew Woodcock / The Independent   |   Tue, 3 Sep 2019 18:59:00

Rees-Mogg says bid to block no-deal Brexit is constitutionally irregular

A bid by British lawmakers to take control of parliamentary time to try to stop Britain leaving the European Union without a deal is constitutionally irregular, leader of the House of Commons Jacob Rees-Mogg said on Tuesday.
Reuters   |   Tue, 3 Sep 2019 18:54:37

Britain Enters Brexit Endgame

Rachel Shabi The mother of all parliaments is now locked into the mother of all battles. The post Britain Enters Brexit Endgame appeared first on The Nation .
Rachel Shabi / The Nation   |   Tue, 3 Sep 2019 18:42:27

Pound rebounds from 34-year low ahead of crunch Brexit vote - live updates

Olivia Rudgard / Telegraph   |   Tue, 3 Sep 2019 18:41:05

Vote on UK Brexit delay marks last chance to stop disorderly exit - Jeremy Corbyn

The parliamentary vote to force an extension to Brexit represents the last chance to prevent a disorderly exit, the leader of the opposition Labour Party said on Tuesday, ahead of a crucial vote.
Reuters   |   Tue, 3 Sep 2019 18:40:51

Brexit Showdown Nears in British Parliament

"Parliament was given a green light Tuesday to mount an effort to stop Britain from leaving the European Union without an agreement, opening the way for one of the most critical showdowns in the country's agonizing, three-year Brexit battle," the New York Times reports. "The decision clears the way for ...
Taegan Goddard / Taegan Goddard   |   Tue, 3 Sep 2019 18:37:30

Parliament faces last chance to block a no-deal on Tuesday - Oliver Letwin

British lawmakers on Tuesday face their last opportunity to prevent a no-deal Brexit at the end of October, a Conservative lawmaker leading an emergency debate on Brexit said.
Reuters   |   Tue, 3 Sep 2019 18:28:42

Lib Dem LGBT chair quits party after it lets Tory MP with poor gay rights record join

Phillip Lee ran a campaign to bar people with HIV from being able to move to the UK
Jon Stone / The Independent   |   Tue, 3 Sep 2019 18:21:00

No-deal Brexit would harm UK, warn leading world business federations

Open letter from group representing 4m western firms outlines 'grave concerns' A group of the world's leading business organisations, including from the US, Japan and Australia, have warned the UK that a no-deal Brexit would damage its reputation with some of its biggest trading partners. In an open letter signed ...
Richard Partington Economics correspondent / Guardian   |   Tue, 3 Sep 2019 18:18:37

UK economic resilience faces the Brexit test

Faltering consumers and weak investment spell a high-risk election
FT   |   Tue, 3 Sep 2019 18:15:49

Johnson's government loses majority after Lee defects

MP for Bracknell joins Lib Dems, having warned that a no-deal Brexit would cost lives
FT   |   Tue, 3 Sep 2019 17:58:20

Brexit negotiation team cut to under a quarter of size under May

Boris Johnson's Brexit negotiating team has been slashed to less than a quarter of the size it was under Theresa May.
Sky   |   Tue, 3 Sep 2019 17:58:00

Brexit rebels given a chance to seize Parliament's agenda

CNN   |   Tue, 3 Sep 2019 17:57:39

British Prime Minister Boris Johnson loses working majority ahead of crucial Brexit parliament showdown

Prime Minister Boris Johnson on Tuesday lost his working majority in parliament with the dramatic defection of a party member ahead of a showdown with MPs over Brexit that could lead to an early general election.In a heated parliamentary session, Johnson condemned a plan by lawmakers to block his Brexit ...
Agence France-Presse / South China Morning Post   |   Tue, 3 Sep 2019 17:53:04

Twin blows help opposition clear first hurdle in plot to block PM's Brexit plans

Boris Johnson was dealt twin blows on Tuesday evening when a dramatic resignation cost him his razor-thin majority in Parliament and rebel lawmakers cleared the first hurdle in their plot to block to the Prime Minister's Brexit plans.
CNN   |   Tue, 3 Sep 2019 17:52:10

Winston Churchill's grandson to vote against PM Johnson, risking expulsion from party

Nicholas Soames, the grandson of Britain's World War Two leader Winston Churchill, said he would vote against Prime Minister Boris Johnson on Brexit on Tuesday, a step that enforcers have warned would lead to expulsion from the Conservative Party.
Reuters   |   Tue, 3 Sep 2019 17:51:12

Parliament speaker approves emergency Brexit debate

The speaker of Britain's House of Commons, John Bercow, approved an emergency debate in parliament on Brexit put forward by a group of lawmakers who are seeking to block leaving the EU without a deal.
Reuters   |   Tue, 3 Sep 2019 17:50:39

UK offered no alternatives to backstop, say EU officials

But London wants changes to 3 other elements of Brexit deal.
Jacopo Barigazzi / Politico   |   Tue, 3 Sep 2019 17:50:24

Boris Johnson news - live: PM faces vote on bill to block no-deal Brexit, hours after losing his Commons majority

Follow all the latest developments
Adam Forrest, Jon Sharman / The Independent   |   Tue, 3 Sep 2019 17:47:00

Brexit: Boris Johnson open to all-Ireland food zone as backstop solution

Boris Johnson tells the House of Commons he is open to the idea as a replacement to the backstop.
BBC   |   Tue, 3 Sep 2019 17:46:40

PM Johnson loses majority ahead of Brexit parliament showdown

Prime Minister Boris Johnson on Tuesday lost his working majority in parliament with the dramatic defection of a party member ahead of a showdown with MPs over Brexit that could lead to an early general election. In a heated parliamentary session, Johnson condemned a plan by lawmakers to block his ...
IBTimes   |   Tue, 3 Sep 2019 17:33:30

Pound volatile in further Brexit turmoil

Sterling edges above $1.20 and €1.10 as Prime Minister Boris Johnson loses his Commons majority.
BBC   |   Tue, 3 Sep 2019 17:27:15

Global markets wracked with anxiety amid Brexit and US-China trade war stand-offs

A maelstrom of anxieties dragged down global markets Tuesday, as Brexit chaos and worrisome manufacturing data dovetailed with a tense impasse in the US-China trade war.The latest rounds of tariffs from both nations took hold over the weekend, with each piling on the hundreds of billions of dollars in imports ...
The Washington Post / South China Morning Post   |   Tue, 3 Sep 2019 17:17:38

Boris Johnson loses wafer-thin majority as MP defects over Brexit

Brexit is set to dominate proceedings throughout the week in Parliament, with Opposition MPs on overdrive to block Johnson from pushing through what they believe would be a damaging forced divorce from the EU without a deal in place just to meet the October 31 deadline.
PTI / Financial Express   |   Tue, 3 Sep 2019 17:07:41

UK stands to lose $16 bn on EU exports in case of no-deal Brexit: UN

Britain could lose at least $16 billion annually on exports to the European Union if it leaves without a deal and possibly billions more on trade beyond the bloc, UN economists said Tuesday. In a fresh report, the UN Conference on Trade and Development (UNCTAD) found that "a loss of ...
IBTimes   |   Tue, 3 Sep 2019 17:02:31

MPs clear key hurdle on path to delay no-deal Brexit

MPs trying to delay Brexit to avoid no deal have been granted an emergency debate and vote tonight on seizing control of parliament.
Sky   |   Tue, 3 Sep 2019 16:54:00

Boris Johnson loses parliamentary majority as Brexit crisis bites

Phillip Lee has abandoned the Conservative Party, citing 'bullying and lies'.
Al Jazeera   |   Tue, 3 Sep 2019 16:53:15

Weak data, Brexit woes knock European stocks off one-month high

European shares retreated from a 1-month high on Tuesday as weak U.S. factory data added to worries about global growth, while uncertainty over Britain's chaotic exit from the European Union knocked the FTSE 100 lower after a four-day run of gains.
Reuters   |   Tue, 3 Sep 2019 16:51:08

Stocks fall as concerns over Brexit, global growth weigh

London-listed stocks most exposed to the British economy fell as investors worried the country was heading for a chaotic no-deal exit from the European Union or an early national election, while global growth concerns also persisted.
Reuters   |   Tue, 3 Sep 2019 16:41:29

'No deal' Brexit would cost at least £13 billion in UK sales to the EU - U.N.

Leaving the European Union without a trade deal would cost Britain at least $16 billion (13 billion pounds) in lost EU sales, and probably far more after accounting for indirect effects and other markets, a report by the U.N. trade agency UNCTAD said on Tuesday.
Reuters   |   Tue, 3 Sep 2019 16:30:13

Gove - No-deal Brexit would bring challenges, but can be managed

Michael Gove, the government minister in charge of preparing Britain for a no-deal Brexit, said on Tuesday this scenario would present significant challenges but that the risks could be mitigated.
Reuters   |   Tue, 3 Sep 2019 16:28:28

EU wants to see if MPs will block Brexit before striking new deal - Johnson

The European Union is waiting to see if British lawmakers block Brexit before giving Britain concessions to strike a new withdrawal agreement, Prime Minister Boris Johnson said.
Reuters   |   Tue, 3 Sep 2019 16:27:22

UK stands to lose $16 bln on EU exports in case of no-deal Brexit: UN

If Britain leaves the European Union without a deal, it could lose at least $16 billion annually on exports to the bloc, and possibly billions more on trade beyond the EU, UN economists said on
AFP, Geneva / Al Arabiya   |   Tue, 3 Sep 2019 16:20:16

Pound rebounds as Johnson loses majority in parliament

The British pound hit multi-year lows against the dollar on Tuesday amid fears of a no-deal Brexit but rebounded after Prime Minister Boris Johnson lost his working parliamentary majority ahead of a crucial Brexit vote. "For all the uncertainty that lies ahead, markets see a Boris Johnson led no-deal Brexit ...
IBTimes   |   Tue, 3 Sep 2019 16:12:02

UK PM Johnson: EU won't make a concession until they know UK parliament won't block Brexit

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FX Street   |   Tue, 3 Sep 2019 16:06:45

'No deal' Brexit would cost at least $16 billion in UK exports losses - U.N.

Leaving the European Union without a trade deal would cost Britain at least $16 billion (13 billion pounds) in lost exports, and would probably cost far more after indirect effects are taken into account, a report by the U.N. trade agency UNCTAD said on Tuesday.
Reuters   |   Tue, 3 Sep 2019 15:44:09

Asked about rebel Brexit bill, Johnson says he will obey the law

British Prime Minister Boris Johnson said on Tuesday he would obey the law, when asked by a lawmaker if his government would abide by legislation blocking a no-deal Brexit.
Reuters   |   Tue, 3 Sep 2019 15:43:52

Rebel lawmakers in Britain's Parliament move to block Boris Johnson's 'no-deal' Brexit

Prime Minister Boris Johnson faces a showdown in Britain's Parliament that could determine the fate of the country's exit from the European Union.
Kim Hjelmgaard, USA TODAY / USA Today   |   Tue, 3 Sep 2019 15:37:55

UK PM Boris Johnson loses parliamentary majority as MP joins Liberal Democrats

With the defection of Conservative MP Phillip Lee to the pro-EU Liberal Democrats, British PM Boris Johnson lost his working parliamentary majority ahead of a crucial Brexit vote. Members of Johnson's own Tory party, including Lee, have worked with opposition lawmakers to draft a bill to force him to delay ...
Times of India   |   Tue, 3 Sep 2019 15:28:08

Boris Johnson Loses Commons Majority

Britain's governing Conservative party lost its majority today as one of its MPs defected to join the anti-Brexit Liberal Democrats, Politico reports. "Phillip Lee sat on the opposition benches on Tuesday as Prime Minister Boris Johnson stood to deliver a statement in the House of Commons. The move increases pressure ...
Taegan Goddard / Taegan Goddard   |   Tue, 3 Sep 2019 15:27:14

EU warns Johnson an election win 'changes nothing'

French and German diplomats say they have yet to see alternative UK proposals for Brexit deal
FT   |   Tue, 3 Sep 2019 15:16:24

Can no-deal Brexit be stopped?

What ways - if any - do MPs and lawyers have of preventing the UK leaving the EU without a deal on 31 October?
BBC   |   Tue, 3 Sep 2019 15:09:56

Stocks down as markets react to new China tariffs, Brexit jitters

Stocks fell broadly on Wall Street Tuesday as markets opened after a long weekend to expanded tariffs between the U.S. and China. Overseas, the British pound dropped to its lowest level against the U.S. dollar in 34 years.
The Associated Press / CBC   |   Tue, 3 Sep 2019 15:08:31

Boris Johnson loses majority as MPs seek to stop no-deal Brexit

Phillip Lee defected, accusing the Tories of using 'political manipulation, bullying and lies.'
Emilio Casalicchio, Charlie Cooper / Politico   |   Tue, 3 Sep 2019 15:06:57

Dominic Raab: EU must engage in preparations for no-deal Brexit

Legislating to prevent no-deal Brexit would 'undermine' UK's negotiating position, foreign secretary says.
Cristina Gallardo / Politico   |   Tue, 3 Sep 2019 15:06:46

UK PM Johnson: There will be no further pointless delay on Brexit

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FX Street   |   Tue, 3 Sep 2019 15:06:27

A no-deal Brexit would just be the beginning

Negotiating a new relationship with the EU in such circumstances will be torturous
FT   |   Tue, 3 Sep 2019 15:06:00

Johnson says rebel Brexit law would destroy negotiations

British Prime Minister Boris Johnson said on Tuesday he had achieved "real momentum" in Brexit talks with the European Union over the summer and that a bid by lawmakers to pass a law to block a no-deal exit would destroy the negotiations.
Reuters   |   Tue, 3 Sep 2019 15:05:37

Brexit: Leo Varadkar says Ireland must stand its ground

The Irish PM stands firm on the withdrawal agreement as Boris Johnson says he will visit Dublin next week.
BBC   |   Tue, 3 Sep 2019 15:02:09

Brexit: All the latest updates

UK legislators ready for crucial vote on PM Johnson's plan to exit the EU by Halloween, with or without a divorce deal.
Al Jazeera   |   Tue, 3 Sep 2019 14:55:44

Brexit: Tory MP defects ahead of crucial no deal vote

Phillip Lee's move leaves Boris Johnson with no working majority as he faces a showdown over no deal.
BBC   |   Tue, 3 Sep 2019 14:55:31

What to Expect From the Brexit Showdown in Parliament

More than three years after Britain voted to break away from the European Union, the country is still tearing itself apart over Brexit. The new U.K. Prime Minster Boris Johnson is headed for a showdown with Parliament this week and the murky outlook has sent the pound tumbling to its ...
Washington Post   |   Tue, 3 Sep 2019 14:47:39

UK plc mulls policies of possible Corbyn government

Britain faces the prospect of a general election in the near future, with investors concerned not just about a no-deal Brexit -- but also a potential Labour government led by Jeremy Corbyn. Labour Party leader Corbyn has vowed to redistribute wealth to address inequality and his policies are widely regarded ...
IBTimes   |   Tue, 3 Sep 2019 14:42:49

Boris Johnson loses majority as Tory MP Phillip Lee crosses floor to join Lib Dems

'The party I joined in 1992 is not the party I am leaving today,' says Final Say supporter and latest defector
Rob Merrick / The Independent   |   Tue, 3 Sep 2019 14:41:00

The Latest: Brexit: Boris Johnson doesn't want election

British Prime Minister Boris Johnson says he doesn't want an election and has urged legislators not to undercut Britain's negotiating position with the European Union....
sellputs / Hedge Accordingly   |   Tue, 3 Sep 2019 14:30:07

PM Johnson faces parliament showdown over fate of Brexit

Prime Minister Boris Johnson was braced for a showdown with parliament on Tuesday over his Brexit plan that could spark a snap election and derail...
sellputs / Hedge Accordingly   |   Tue, 3 Sep 2019 14:29:58

Daily Digest 9/3 - Stocks Fall On Trade War Jitters, How The Prison Economy Works

Dow slides 300 points after new US-China trade tariffs take effect Stocks fall on trade war jitters, pound slides on Brexit The World's Factories Are Stalling as Tariff Pain Spreads Dubai to curb pace of construction projects as prices fall Sterling falls below $1.20, hitting its lowest level since October ...
Daily Digest / Peak Prosperity   |   Tue, 3 Sep 2019 14:29:29

How to register to vote: A step-by-step guide as Boris Johnson threatens snap election

Prime minister may put moves in train to seek new mandate from voters if opposition and Tory rebels block no-deal Brexit
Joe Sommerlad / The Independent   |   Tue, 3 Sep 2019 14:28:42

Brexit's 'Never-Ending Story' Continues: Saxo Welcomes UK To Emerging Market Status

Authored by Steen Jakobsen via Saxobank, Any deal on Brexit still very unlikely - highest probability is yet another delay to allow for General Election and maybe even new referendum. As a public speaker for over 30 years I sort of know most of the questions from an international investment ...
Tyler Durden / Zero Hedge   |   Tue, 3 Sep 2019 14:24:16

Plotting sterling's latest lurch - just how low did it go?

Britain's currency tumbled below $1.20 on Tuesday, the first time it has breached that level since a "flash crash" in October 2016, as fears over Brexit and a possible general election escalated sharply.
Reuters   |   Tue, 3 Sep 2019 14:18:26

The UK could be heading for an early election. Here's what you need to know

In the latest twist in the UK's ongoing Brexit saga, Britain's Prime Minister Boris Johnson is expected to trigger a snap election if he loses a vote against a no-deal Brexit vote in Parliament on Tuesday evening.
CNN   |   Tue, 3 Sep 2019 14:07:24

Ferguson/Brexit: New World sympathy

A trend for multinationals to cut loose British subsidiaries may be gathering momentum
FT   |   Tue, 3 Sep 2019 14:06:00

Global stocks slip amid trade, Brexit fears

FT   |   Tue, 3 Sep 2019 14:03:03

MP will vote against Johnson 'because it is the right thing to do'

- Britain's crazy Brexit crisis is about to get crazier - Brexit turmoil bashing the pound again - UK could be headed for snap election: What you need to know - What is a no-deal Brexit and what would it mean for Britain?
CNN   |   Tue, 3 Sep 2019 13:52:56

Brexit: Deutsche would ditch bearish sterling bet if election called for October 14

Deutsche Bank said on Tuesday it would drop its bearish bet on sterling should Prime Minister Boris Johnson call a general election for Oct. 14, as UK lawmakers braced for a showdown over the nation's exit from the European Union.
Reuters   |   Tue, 3 Sep 2019 13:52:39

Who is John Bercow? The speaker in the eye of the Brexit storm

The House of Commons speaker has at times upset many on both the left and right, but he has his admirers as well.
Al Jazeera   |   Tue, 3 Sep 2019 13:49:47

Global markets rattled amid Brexit, U.S.-China trade war standoffs; Dow falls nearly 400 points

All U.S. markets are starting September in the red after a particularly volatile August, including several days of trading where the Dow dropped more than 700 points.
Taylor Telford / Washington Post   |   Tue, 3 Sep 2019 13:42:04

What is a no-deal Brexit and what would it mean for Britain?

Tick, tick, tick.
CNN   |   Tue, 3 Sep 2019 13:41:25

U.S. Vice President urges EU to negotiate 'in good faith' on Brexit

U.S. Vice President Mike Pence used a visit to Ireland on Tuesday to urge the European Union to negotiate "in good faith" with British Prime Minister Boris Johnson and reach a Brexit deal that respects British sovereignty.
Reuters   |   Tue, 3 Sep 2019 13:38:25

We are working to stop Johnson using election for no-deal Brexit - Corbyn

British Labour leader Jeremy Corbyn said on Tuesday opposition parties were working on ways to stop Prime Minister Boris Johnson from using an early election to force through a no-deal Brexit.
Reuters   |   Tue, 3 Sep 2019 13:36:45

Pound falls to lowest level in three years as Brexit clash looms

Sterling has not been weaker since 1985, barring 'flash crash' in 2016, with no deal major risk Pound plunges below $1.20 as snap election speculation swirls - business live The pound has fallen below $1.20 to its weakest level in three years as traders rushed to sell sterling after Boris ...
Phillip Inman and Rob Davies / Guardian   |   Tue, 3 Sep 2019 13:31:24

Brexit: is a snap election part of Boris Johnson's strategy?

FT editor Lionel Barber and Whitehall correspondent Sebastian Payne on the prime minister's Brexit options
FT   |   Tue, 3 Sep 2019 13:30:58

IEA Hires Former Tory MEP Leader Syed Kamall

The Institute of Economic Affairs has hired top-Brexiteer, and former leader of the eurosceptic European Conservatives and Reformists Group in the European Parliament, Professor Syed Kamall. Guido readers will know him for his punchy performances... After leaving the European Parliament in July, Kamall took up the role of Professor of ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 3 Sep 2019 13:30:19

Irish PM sends message back with U.S. vice president

Irish Prime Minister Leo Varadkar said his government must stand behind the divorce agreement the European Union has struck with Britain for the sake of peace, a message he asked Vice President Mike Pence to take back to the United States.
Reuters   |   Tue, 3 Sep 2019 13:29:54

Brexit: Corbyn hopes to block no-deal and trigger snap general election

Labour leader says he is confident legislation to block Halloween no-deal will succeed
Andrew Woodcock / The Independent   |   Tue, 3 Sep 2019 13:26:00

EU set to make disaster funds available for no-deal Brexit

Brussels to assert it is ready for the UK to crash out of the bloc without an agreement
FT   |   Tue, 3 Sep 2019 13:22:09

Johnson faces Parliament showdown over fate of Brexit

Prime Minister Boris Johnson was braced for a showdown with Parliament on Tuesday over his Brexit plan that could spark a snap election and derail ...
No Author / Japan Times   |   Tue, 3 Sep 2019 13:14:37

Should Labour back an early election?

Jeremy Corbyn faces poll dilemma as Brexit drama approaches boiling point
FT   |   Tue, 3 Sep 2019 13:13:12

The maker of Malibu rum and Absolut vodka has warned of a 'particularly uncertain' outlook due to the trade war and Brexit

Pernod Ricard has signaled its rising concerns about global trade and Brexit with a single word. The maker of Malibu rum and Absolut vodka warned of a "particularly uncertain environment" in its full-year outlook, after flagging a merely backdrop three months earlier. "The level of uncertainty has notched up just ...
Theron Mohamed / Business Insider   |   Tue, 3 Sep 2019 13:13:11

GBP/USD technical analysis: Cable enters the New York session below the 1.2038 level as Brexit weighs on the Sterling

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FX Street   |   Tue, 3 Sep 2019 13:10:55

"No Deal" Brexit Just Means There Are Lots Of Deals To Be Made

Brexiteers want people to think "no deal" is somehow an end state, except for maybe signing GLORIOUS TRADE DEALS WITH AMERICA which a) take forever to get through Congress and b) will likely be worse than our relationship with the EU, but the state of a "no deal Brexit" will ...
Atrios / Eschaton   |   Tue, 3 Sep 2019 13:07:00

UK opposition parties to vote against election unless no-deal Brexit blocked - ITV

British opposition parties have agreed to vote against Prime Minister Boris Johnson's possible request for an election, unless legislation has been passed blocking a no-deal Brexit, an ITV political correspondent said.
Reuters   |   Tue, 3 Sep 2019 12:48:56

EU considers designating no-deal as 'disaster comparable to earthquake' for emergency aid purposes

EU Solidarity Fund would be used to help member states impacted by British policy
Jon Stone / The Independent   |   Tue, 3 Sep 2019 12:48:00

Brexit showdown: Who are Tory rebels set to defy Boris Johnson?

Which ex-ministers are set to defy Boris Johnson by voting to stop a no-deal exit on 31 October?
BBC   |   Tue, 3 Sep 2019 12:41:16

Capital Markets: "Pound Punished in High Drama"

From Marc to Market: Overview: A showdown between UK Prime Minister Johnson and Parliament over Brexit pushed sterling below $1.20. The euro is extended its losses after finishing last week below $1.10. Growth concerns are seeing equities retreat. Japanese and Chinese shares managed to eke out gains, but the Asia ...
climateer / Climateer Investing   |   Tue, 3 Sep 2019 12:40:00

PM accused of risking destruction of party ahead of no-deal Brexit showdown

Tory rebels have accused Boris Johnson of risking the destruction of their party ahead of a parliamentary showdown over his Brexit strategy.
Sky   |   Tue, 3 Sep 2019 12:37:00

Would Brexit extension cost taxpayers £1bn a month?

Would the UK have to pay the EU £1bn a month under the proposed Brexit extension bill?
BBC   |   Tue, 3 Sep 2019 12:32:35

Not even 'scribbling on cigarette packets': EU says U.K. has yet to show plan to revise Brexit deal

Britain has made no concrete proposals on revising the Brexit agreement, and the prospect of a divorce without a deal remains "a very distinct possibility," ...
No Author / Japan Times   |   Tue, 3 Sep 2019 12:25:28

Corbyn - I am ready to fight an election

British opposition Labour Party leader Jeremy Corbyn said he was ready to fight an election but his priority was to prevent a no-deal Brexit.
Reuters   |   Tue, 3 Sep 2019 12:23:55

UK's Corbyn: We expect to win bill to force a delay to Brexit

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FX Street   |   Tue, 3 Sep 2019 12:14:29

UK watchdog warns polling firms ahead of possible Brexit election

Trading government bonds or currencies using information gleaned from unpublished polls could breach market abuse rules, Britain's Financial Conduct Authority (FCA) said on Tuesday.
Reuters   |   Tue, 3 Sep 2019 11:46:36

New UK construction orders fall at fastest pace in 10 years

Commercial sector 'devastated' as Brexit uncertainty takes its toll
FT   |   Tue, 3 Sep 2019 11:43:32

Cboe readies Amsterdam hub despite Brexit uncertainty

Trading venue will allow investors across the EU to trade shares of companies based in the bloc
FT   |   Tue, 3 Sep 2019 11:43:19

US Open - Trade Tariffs Begin, Brexit drama, Oil sinks on demand woes, Gold and Bitcoin rise

Traders returned from a three-day weekend with concerns that the risky economic profile of the global economy got worse as concerns grow that US-China trade war will not yield a September meeting. Over the weekend, the US rejected Beijing's request to delay tariffs. Over the past couple weeks, momentum has ...
Ed Moya / OANDA   |   Tue, 3 Sep 2019 11:23:55

Pound strikes near three-year dollar low on Brexit turmoil

The British pound tumbled Tuesday to the lowest level against the dollar in almost three years, as the UK faces a possible general election amid Brexit turmoil. Sterling struck $1.1959 around 0750 GMT, as British Prime Minister Boris Johnson faces a rebellion by his own lawmakers over his Brexit strategy ...
IBTimes   |   Tue, 3 Sep 2019 11:20:53

Brexit crisis pushes UK borrowing costs to record lows

British government borrowing costs plunged to record lows on Tuesday as the Brexit crisis prompted investors to seek the safety of gilts which outperformed both European and U.S. debt markets.
Reuters   |   Tue, 3 Sep 2019 11:19:18

UK construction reports biggest fall in new work since 2009

Builders say Brexit uncertainty has made clients cut budgets, especially in commercial sector Britain's building industry suffered by the biggest fall in new work in more than a decade as Brexit uncertainty gripped construction firms before the deadline on 31 October. New orders contracted for a fifth month in May ...
Phillip Inman / Guardian   |   Tue, 3 Sep 2019 11:18:44

No-deal Brexit 'very distinct possibility' - EU executive

A no-deal Brexit is a "very distinct possibility" and European Union citizens and businesses must be ready for Britain's departure on Oct. 31, the bloc's executive said on Tuesday.
Reuters   |   Tue, 3 Sep 2019 11:15:33

Raab should 'pick a fight' with Iran over Zaghari-Ratcliffe

The husband of a woman jailed in Iran is worried Brexit issues could cause people to "forget" about her.
BBC   |   Tue, 3 Sep 2019 11:12:41

Morning News: September 3, 2019

Amid Brexit Chaos, the Pound is Plunging Again After Britain's Economy Just Posted 'Shocking' Manufacturing Data Pound Slides Below $1.20 After Boris Johnson Threatens Snap [...]
Eddy Elfenbein / Eddy Elfenbein   |   Tue, 3 Sep 2019 11:10:48

Total's CEO says Britain must stick by Brexit mistake

The chief executive of French oil major Total believes that Britain should stick by its decision to leave the European Union even though he thinks it is a fundamental mistake that could be a real issue for the UK economy.
Reuters   |   Tue, 3 Sep 2019 11:10:02

Brexit News Archive: 03 Sep 2019     |     enquire