Brexit News Archive: 04 Sep 2019

Trump offers full support for Johnson as Pence prepares to visit London amid Brexit chaos

No one was more gleeful than Trump to see Johnson's political ascent on the back of the promised British withdrawal from the E.U., and no other world leader may have as much to lose from the stunning political humiliation of a populist brother-in-arms.
Anne Gearan / Washington Post   |   Wed, 4 Sep 2019 21:53:14

Snap election on horizon after UK lawmakers vote to block 'no-deal' Brexit

The British parliament voted on Wednesday to prevent Prime Minister Boris Johnson taking Britain out of the European Union without a deal on Oct. 31, but rejected his first bid to call a snap election two weeks before the scheduled exit.
Reuters   |   Wed, 4 Sep 2019 21:38:16

Brexit: What happens next?

Prime Minister Boris Johnson says he plans to renegotiate the Brexit deal. What could happen?
BBC   |   Wed, 4 Sep 2019 21:36:12

Johnson defeated in no-deal Brexit and election votes

Humiliating setbacks leave UK prime minister 'hostage' in Downing Street
FT   |   Wed, 4 Sep 2019 21:32:29

British lawmakers reject Boris Johnson's bid for election after Brexit vote

Boris Johnson tried to call a general election. He failed.
Kim Hjelmgaard, USA TODAY / USA Today   |   Wed, 4 Sep 2019 21:06:27

British PM in limbo after MPs reject his Brexit plan, elections

British Prime Minister Boris Johnson's government was left in limbo on Wednesday after MPs voted to derail his Brexit plan and rejected his call for an early election to break the political deadlock. Just six weeks after taking office, Johnson lost his majority in the House of Commons as his ...
IBTimes   |   Wed, 4 Sep 2019 21:03:21

Stock Market Today: US Markets Gain On Hong Kong, Brexit Developments, Dow Gains 0.9%

Stocks closed higher Wednesday after fears of instability in Hong Kong were eased amid the government's decision to withdraw an extradition bill that triggered protests that damaged the territory's economy and Britain's parliament moved to prevent a hard exit from the European Union. The Dow Jones Industrial Average gained 237.45 ...
IBTimes   |   Wed, 4 Sep 2019 20:55:52

Boris Johnson defeated again; no snap UK election

Suffering a third defeat in the House of Commons in two days, Boris Johnson's Brexit plans are now in disarray.
Al Jazeera   |   Wed, 4 Sep 2019 20:54:42

How to trade foreign cross-currents

Mid-week market update: Global markets have taken a decided risk-on tone today on the news that Hong Kong leader Carrie Lam has withdrawn the controversial extradition bill. As well, the revolt in the British parliament has lessened the chances of a chaotic no-deal Brexit on October 31. On the other ...
Cam Hui, CFA / Humble Student of the Markets   |   Wed, 4 Sep 2019 20:47:00

U.S. Vice President Pence says he hopes for orderly Brexit amid showdown

U.S. Vice President Mike Pence said on Wednesday he hoped Great Britain and the European Union would reach a deal for an orderly UK exit from the bloc, commenting on the issue that has convulsed British politics for months and reached a crescendo this week.
Reuters   |   Wed, 4 Sep 2019 20:43:53

Cable Climbs As Parliament Rejects Johnson's Election Request

Update (16:30ET): In the second major paliamentary vote Wednesday evening, Parliament rejected Boris Johnson's request to hold another snap election by 298 - 56 - shy of the two-third's majority needed to pass Johnson's major. Should there be an early general election? Yes - 298 No - 56 However because ...
Tyler Durden / Zero Hedge   |   Wed, 4 Sep 2019 20:40:51

Boris Johnson's high-stakes gamble fails

Boris Johnson's strategy to wrench Britain out of the European Union by the end of the month was in tatters on Wednesday when lawmakers denied his demand for an early election and approved a rebel bill to block a no-deal Brexit.
CNN   |   Wed, 4 Sep 2019 20:38:43

MPs Reject Boris's Election Motion

Despite passing their anti-No Deal "surrender bill" a couple of hours ago, MPs have rejected Boris's election motion, by failing to meet the 2/3rds majority needed under the FTPA. Brexiteers better hope MPs find a spine before prorogation... The post MPs Reject Boris's Election Motion appeared first on Guido Fawkes ...
Christian Calgie / Guy Fawkes' blog   |   Wed, 4 Sep 2019 20:37:57

Brexit: MPs reject bid to hold snap election after defeating government in key no-deal vote

Boris Johnson's bid for a snap general election - to carry out a crash-out Brexit on 31 October if necessary - has failed, in another crushing Commons defeat.
The Independent   |   Wed, 4 Sep 2019 20:36:24

Pence says he hopes for orderly Brexit amid showdown

U.S. Vice President Mike Pence said on Wednesday he hoped Great Britain and the European Union would reach a deal for an orderly UK exit...
sellputs / Hedge Accordingly   |   Wed, 4 Sep 2019 20:27:25

Johnson Calls for Snap Election After Another Brexit Defeat

(Bloomberg) - Follow@Brexit,sign upto our Brexit Bulletin, andtell us your Brexit story.A defiant U.K. Prime Minister Boris Johnson hit back after a second crushing defeat...
sellputs / Hedge Accordingly   |   Wed, 4 Sep 2019 20:27:15

UK lawmakers approve Brexit delay law, defeating PM Johnson

British lawmakers on Wednesday approved a piece of legislation designed to prevent Prime Minister Boris Johnson's government taking the country out of the European Union without a deal.
Reuters   |   Wed, 4 Sep 2019 20:27:13

EU pours cold water on Johnson's Brexit strategy

Brussels on Wednesday warned Prime Minister Boris Johnson against the idea he could strike a new Brexit deal with EU leaders before Britain crashes out...
sellputs / Hedge Accordingly   |   Wed, 4 Sep 2019 20:26:43

The Brexit debate: What happens next?

Morgan Radford talks with The Intercept senior contributor and podcast host Mehdi Hasan about what happens next, now that British lawmakers are trying to stop Prime Minister Boris Johnson from pulling the UK out of the European Union
MSNBC   |   Wed, 4 Sep 2019 20:16:51

Britain abandons plan to immediately end freedom of movement after Brexit

Britain's government has abandoned plans to end freedom of movement for European Union citizens immediately after a possible no-deal Brexit and will instead return to an earlier policy of giving them three years' temporary leave to remain.
Reuters   |   Wed, 4 Sep 2019 20:14:38

Pence says he hopes for orderly Brexit amid showdown

U.S. Vice President Mike Pence said on Wednesday he hoped Great Britain and the European Union would reach a deal for an orderly UK exit from the bloc, commenting on the issue that has convulsed British politics for months and reached a crescendo this week.
Reuters   |   Wed, 4 Sep 2019 20:09:34

Brexit: Ireland will 'try' to impose checks away from border in no-deal

The Irish deputy PM says Ireland would have to protect its place within the single market.
BBC   |   Wed, 4 Sep 2019 19:54:17

Boris Johnson suffers second major Brexit defeat this week

UK prime minister loses again after former Conservative rebels align with the opposition to delay 'no-deal' Brexit.
Al Jazeera   |   Wed, 4 Sep 2019 19:44:37

Brexit: How did your MP vote on the Brexit delay bill?

MPs have voted for a bill aimed at blocking a no-deal Brexit,, how did your MP vote?
BBC   |   Wed, 4 Sep 2019 19:43:17

Brexit turmoil continues as lawmakers defy U.K.'s Johnson

British lawmakers battling Prime Minister Boris Johnson's plan to leave the European Union without a divorce deal cleared their first big hurdle Wednesday, approving in ...
No Author / Japan Times   |   Wed, 4 Sep 2019 19:41:57

PM loses bid for snap election to break Brexit deadlock

Boris Johnson has lost a bid to call an early general election to break the Brexit deadlock.
Sky   |   Wed, 4 Sep 2019 19:40:00

Boris Johnson calls for October 15 election after MPs vote to block no-deal Brexit - latest news

FT   |   Wed, 4 Sep 2019 19:37:51

Snap poll on horizon after UK lawmakers vote to block 'no-deal' Brexit

The lower house of the British parliament voted on Wednesday to prevent Prime Minister Boris Johnson taking Britain out of the European Union without a deal, but he proposed a snap election on Oct. 15, just weeks before Brexit, to free his hands.
Reuters   |   Wed, 4 Sep 2019 19:36:38

UK PM Johnson Proposes Snap Election After Losing Key Brexit-Delay Vote

As expected, the House of Commons has passed a bill calling on Johnson to ask the EU for another Article 50 extension until Jan. 31....
sellputs / Hedge Accordingly   |   Wed, 4 Sep 2019 19:26:27

Pound holds above $1.22 as MPs back Brexit delay bill - live updates

Tom Rees / Telegraph   |   Wed, 4 Sep 2019 19:24:57

Boris Johnson calls on MPs to back October general election

The prime minister put forward his plan in the Commons after MPs backed a bill to block a no-deal Brexit.
BBC   |   Wed, 4 Sep 2019 19:24:49

United Kingdom ETFs Jump on Optimism for a Brexit Deal

With parliament successfully taking steps to avert a no-deal Brexit from the European Union, United Kingdom country-specific ETFs popped on renewed optimism. The iShares MSCI United Kingdom ETF (NYSEArca: EWU), the largest U.K.-related ETF listed in the U.S., was up 1.5% on Wednesday after retreating in the previous session amid ...
Max Chen / ETF Trends   |   Wed, 4 Sep 2019 19:24:41

Boris Johnson suffers a fresh blow

British Prime Minister Boris Johnson suffered a fresh blow Wednesday, after the House of Commons approved a rebel bill to block a no-deal Brexit next month.
CNN   |   Wed, 4 Sep 2019 19:24:30

EUR/GBP seen at parity on no deal Brexit on October 31 - Rabobank

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FX Street   |   Wed, 4 Sep 2019 19:22:55

MPs back bid to block no-deal Brexit amid election haggling

The British parliament on Wednesday voted to prevent Prime Minister Boris Johnson taking Britain out of the European Union without a deal, but he sought an election just weeks before Brexit to free his hands.
Reuters   |   Wed, 4 Sep 2019 19:20:02

The moment MPs back Brexit delay bill

The bill has passed its stages in the House of Commons and now heads to the House of Lords.
BBC   |   Wed, 4 Sep 2019 19:18:39

British Prime Minister Boris Johnson faces fresh defeat as MPs back bill to prevent no-deal Brexit

British MPs inflicted a fresh defeat on Prime Minister Boris Johnson’s hardline Brexit strategy on Wednesday, approving a law that could stop him taking Britain out of the European Union without a deal next month.In a second parliamentary revolt in as many days, the House of Commons voted 327 to ...
Agence France-Presse / South China Morning Post   |   Wed, 4 Sep 2019 19:15:00

GBP/USD adds more than 1% above 1.22 as lawmakers approve bill to delay Brexit

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FX Street   |   Wed, 4 Sep 2019 19:10:27

Johnson bets on ballot-box dividend from risky gamble

As chaos grips Tories, PM's allies revel in cleansing party of Brexit non-believers
FT   |   Wed, 4 Sep 2019 19:08:06

British MPs inflict new defeat on Johnson's Brexit strategy

British MPs inflicted a fresh defeat on Prime Minister Boris Johnson's hardline Brexit strategy on Wednesday, approving a law that could stop him taking Britain out of the European Union without a deal next month. In a second parliamentary revolt in as many days, the House of Commons voted 327 ...
IBTimes   |   Wed, 4 Sep 2019 19:05:44

Brexit Chaos Points to a General Election. Here's How It Would Work

The U.K. is poised to hold its third general election in four years, as new Prime Minister Boris Johnson gambles that reshuffling the deck will help him carry out his vision of Brexit. He's locked in a face-off with lawmakers convinced that crashing out of the European Union without any ...
Washington Post   |   Wed, 4 Sep 2019 19:01:31

UK lawmakers approve Brexit delay law at final House of Commons stage

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FX Street   |   Wed, 4 Sep 2019 18:53:36

The Sinister Forces Behind Boris Johnson's Brexit Mess

The newly minted U.K. prime minister is playing a risky game as he blows up his own majority and tries to impede Parliament from doing its job.
Natasha Hakimi Zapata / truthdig   |   Wed, 4 Sep 2019 18:52:07

UK MPs back bill to block no-deal Brexit

The bill would push the Brexit deadline to January 31 next year.
Emilio Casalicchio / Politico   |   Wed, 4 Sep 2019 18:51:37

Parliament approves change to Brexit delay bill to allow vote on May's deal

British MPs on Wednesday approved a change to a bill aimed at preventing a no-deal Brexit that would allow lawmakers to vote on the existing Withdrawal Agreement negotiated by former Prime Minister Theresa May.
Reuters   |   Wed, 4 Sep 2019 18:51:29

Brexit: Boris Johnson suffers second humiliating defeat in two days as MPs vote to block no-deal

Legislation to force UK to seek Brexit delay - if no fresh agreement has been struck by 19 October - heads to House of Lords for marathon sitting
Rob Merrick / The Independent   |   Wed, 4 Sep 2019 18:49:00

Jacob Rees-Mogg, the U.K.'s sleepiest MP

Image of the Week: Jacob Rees-Mogg, a hardline social machine, slouched his way through a Brexit debate in spectacular fashion The post Jacob Rees-Mogg, the U.K.'s sleepiest MP appeared first on Macleans.ca .
Michael Fraiman / Macleans   |   Wed, 4 Sep 2019 18:48:29

EU nationals can apply for three-year right to remain in UK after no-deal Brexit

Britain has announced that European Union nationals will be able to apply for a three-year right to remain in the country in the event of a possible no-deal Brexit.
Reuters   |   Wed, 4 Sep 2019 18:39:03

Labour eyes no-confidence move next week

Timing contingent on MPs' bill to block no-deal Brexit being passed
FT   |   Wed, 4 Sep 2019 18:37:13

To Cut Rates Or Not To Cut Rates, That Is The Question

With the global economy stagnating, Brexit looming on the horizon, an ongoing trade war with Beijing, and an economic slowdown from China that has sent reverberations throughout emerging market economies, which have seen a decline in exports, experts are now split on whether or not the Fed should raise interest ...
Ian Young / ETF Trends   |   Wed, 4 Sep 2019 18:36:42

UK: Lawmakers reject Graham amendment to Brexit delay law

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FX Street   |   Wed, 4 Sep 2019 18:31:25

Churchill's grandson says Brexit is sending UK's influence into 'free fall'

Nicholas Soames, the grandson of World War Two leader Winston Churchill, said on Wednesday that Brexit is sending Britain's status into "free fall" after he was sacked from the Conservative Party for rebelling on a vote on leaving the European Union.
Reuters   |   Wed, 4 Sep 2019 18:19:55

Pence says he hopes for orderly Brexit

U.S. Vice President Mike Pence said on Wednesday he hoped Great Britain and the European Union would reach an agreement providing for an orderly UK exit from the bloc.
Reuters   |   Wed, 4 Sep 2019 17:57:06

No-deal Brexit impact not as bad as forecast, says BoE

Governor Mark Carney says preparations have mitigated effects on economic output
FT   |   Wed, 4 Sep 2019 17:54:56

U.S. Vice President Pence says he hopes for orderly Brexit

U.S. Vice President Mike Pence said on Wednesday he hoped Great Britain and the European Union would reach an agreement providing for an orderly UK exit from the bloc.
Reuters   |   Wed, 4 Sep 2019 17:54:03

Bank of England revises impact of no-deal Brexit from 8% to 5% of GDP

Mark Carney says impact will be negative, but preparations are helping restore confidence Mark Carney has said the impact of a no-deal Brexit will be less severe than first thought, stating preparations for a disorderly departure had helped to reduce the likely hit to the UK economy. Although maintaining "material ...
Richard Partington and Graeme Wearden / Guardian   |   Wed, 4 Sep 2019 17:52:49

UK Lawmakers clear key hurdle in blocking Brexit

A huge setback for British Prime Minister Boris Johnson as he loses his majority in UK Parliament. Washington Post White House bureau chief Phil Rucker and NBCNews Correspondent Matt Bradley join Andrea Mitchell to discuss what this means in the
MSNBC   |   Wed, 4 Sep 2019 17:47:45

Brexit jargon: From backstop to no-deal, the key terms explained

Al Jazeera explains the parlance surrounding the UK's bid to depart from the European Union.
Al Jazeera   |   Wed, 4 Sep 2019 17:47:44

A humbled Boris Johnson has lost control of Brexit

Government's bullying tactics pushed MPs to reassert parliamentary sovereignty
FT   |   Wed, 4 Sep 2019 17:33:23

Court bid to block 'no-deal' Brexit fails

Judge rules the suspension of Parliament is not a court matter, throwing the onus back to voters and parliamentarians.
Al Jazeera   |   Wed, 4 Sep 2019 17:22:57

Brexit vote result - live: Boris Johnson suffers second humiliating defeat as MPs vote to block no deal but put May's deal back on table on technicality

Follow live updates from Westminster
Adam Forrest, Tom Embury-Dennis, Jon Sharman, Lizzy Buchan / The Independent   |   Wed, 4 Sep 2019 17:19:00

Javid ramps up spending as election talk mounts

British finance minister Sajid Javid said he was "turning the page on austerity" as he promised the biggest spending increases in 15 years, a move widely seen as part of Prime Minister Boris Johnson's push for an election to break the Brexit impasse.
Reuters   |   Wed, 4 Sep 2019 17:12:21

Factbox: In the Brexit maelstrom - what is happening on Wednesday?

British Prime Minister Boris Johnson's defeats in parliament on Tuesday and Wednesday leave Brexit up in the air.
Reuters   |   Wed, 4 Sep 2019 17:03:03

Bill blocking a no-deal Brexit passes through the first stage

CNN   |   Wed, 4 Sep 2019 16:55:38

U.S. Vice President Pence hopes for orderly Brexit

U.S. Vice President Mike Pence said on Wednesday he hoped Britain and the European Union would come to the negotiating table and reach an agreement providing for an orderly UK exit from the bloc.
Reuters   |   Wed, 4 Sep 2019 16:53:10

MPs strike new blow to PM Johnson's Brexit plan

British lawmakers inflicted a fresh defeat on Prime Minister Boris Johnson's Brexit strategy on Wednesday, approving in principle a law that could stop him taking Britain out of the European Union without a deal next month. The House of Commons voted by 329 to 300 in favour of a draft ...
IBTimes   |   Wed, 4 Sep 2019 16:52:44

Barratt reports record profits despite Brexit uncertainty

Higher margins help Britain's largest housebuilder defy subdued market
FT   |   Wed, 4 Sep 2019 16:48:45

EU signals it is open to Brexit extension

But Brussels officials say a good reason would have to be shown for another delay
FT   |   Wed, 4 Sep 2019 16:45:15

MPs vote to block no-deal Brexit amid election haggling

The British parliament on Wednesday voted to prevent Prime Minister Boris Johnson taking Britain out of the European Union without a deal, but he sought an election just weeks before Brexit to free its hands.
Reuters   |   Wed, 4 Sep 2019 16:40:13

UK-focussed stocks catch Brexit breather; Hong Kong hopes boost FTSE

British stocks advanced on Wednesday after parliament succeeded in taking steps towards averting a no-deal Brexit, while Asia-facing banks gained on hopes that protests in Hong Kong would end, leading the FTSE 100 higher.
Reuters   |   Wed, 4 Sep 2019 16:40:00

Bill instructs Johnson to request another extension if he can't secure deal

CNN   |   Wed, 4 Sep 2019 16:36:09

Johnson demands an election, opponents demand a block on no-deal Brexit

British Prime Minister Boris Johnson on Wednesday demanded an Oct. 15 snap election, but lawmakers vowed to block his attempt until they could pass a law preventing a departure from the European Union without an exit deal.
Reuters   |   Wed, 4 Sep 2019 16:34:06

UK parliament approves first stage of bill to stop no-deal Brexit

Britain's parliament approved the first stage of a bill designed to stop a so-called no-deal Brexit on Oct. 31, underlining the lack of support for Prime Minister Boris Johnson's vow to take Britain out of the European Union with or without a deal.
Reuters   |   Wed, 4 Sep 2019 16:33:35

UK lawmakers approve first stage of law to delay Brexit

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FX Street   |   Wed, 4 Sep 2019 16:30:03

Javid sacrifices prudence in his spending review

But he did not take account of the impact that a no-deal Brexit would have on growth
FT   |   Wed, 4 Sep 2019 16:27:49

British MPs Move to Block No Deal Brexit

In a procedural vote, the British House of Commons voted to stop a no-deal Brexit on October 31 by 329 votes to 300 - a majority of 29. That majority is two bigger than the one last night. The Guardian has an excellent live blog covering the action.
Taegan Goddard / Taegan Goddard   |   Wed, 4 Sep 2019 16:24:38

Brexit Chaos Points to Election. Here's How It Works

The U.K. is poised to hold its third general election in four years, as new Prime Minister Boris Johnson gambles that reshuffling the deck will help him carry out his vision of Brexit. He's locked in a face-off with lawmakers convinced that crashing out of the European Union without any ...
Washington Post   |   Wed, 4 Sep 2019 16:13:46

Brexit: Tory kicked out of party for voting against Boris Johnson accuses PM of 'serial disloyalty'

Sir Nicholas Soames is one of 21 MPs stripped of the Conservative whip after rebelling against the PM over Brexit
Andrew Woodcock / The Independent   |   Wed, 4 Sep 2019 16:12:00

Brexit bill will stop the EU moving its position - Barclay

British Brexit minister Stephen Barclay urged lawmakers on Wednesday to reject a bill aimed at stopping a so-called no-deal Brexit, saying it would prevent the European Union from moving its position on an agreement.
Reuters   |   Wed, 4 Sep 2019 16:09:38

British PM Johnson demands October 15 election after defeat over Brexit

British Prime Minister Boris Johnson on Wednesday demanded an Oct. 15 snap election after lawmakers seeking to prevent a no-deal Brexit dealt him a humiliating...
sellputs / Hedge Accordingly   |   Wed, 4 Sep 2019 15:56:02

Boris Johnson's move to purge 21 no-deal Brexit rebels will have electoral consequences

Prime minister Boris Johnson's decision to remove the whip from 21 MPs who voted against his government capped an extraordinarily dramatic day in parliament on September 3. But is this de-selection something that will have lasting consequences, or is it just another episode in the long-running parliamentary edition of Carry ...
Chris Hanretty, Professor of Politics, Royal Holloway / The Conversation   |   Wed, 4 Sep 2019 15:26:12

Brexit: Split at top of Labour as key figures urge Jeremy Corbyn to slam brakes on early election

Keir Starmer and others challenge Labour leader to fully nail down Article 50 extension first - delaying poll until November at earliest
Rob Merrick / The Independent   |   Wed, 4 Sep 2019 15:18:00

Has Boris Johnson called time on One Nation Conservatives? It looks that way

The unprecedented purge of the 21 moderate Conservative MPs who opposed Prime Minister Boris Johnson's apparent willingness to pursue a no-deal Brexit has heightened divisions within Britain's governing party. Various Brexiteer hardliners have welcomed this development as a means of finally and decisively dealing with a stubborn group of opponents ...
Ben Williams, Tutor in Politics and Political Theory, University of Salford / The Conversation   |   Wed, 4 Sep 2019 15:05:42

Brexit: Hundreds of EU citizens use Windrush scheme to stay in UK instead of 'deeply flawed' settlement system

Human rights campaigners warn lack of physical record endangers EU citizens' rights
Conrad Duncan / The Independent   |   Wed, 4 Sep 2019 15:04:58

Where Are America's 'Rebel Tories'?

After the riveting debate in Parliament yesterday about the terms and timing for Brexit, 21 Tory "rebel" MPs defected from the Conservative party on a major vote. They joined members of other parties in dealing a crushing defeat to Boris Johnson's plans and probably his governing prospects. After the vote, ...
James Fallows / The Atlantic   |   Wed, 4 Sep 2019 15:00:00

Carney speech: Would vote to ease policy in event of no-deal Brexit

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FX Street   |   Wed, 4 Sep 2019 14:58:54

UK MPs to vote on blocking no-deal Brexit

If the bill forcing the PM to seek Brexit delay until January passes, Johnson has said he will call for a general election.
Al Jazeera   |   Wed, 4 Sep 2019 14:58:39

Britain ending 'decade of austerity' despite Brexit

Britain's finance minister announced Wednesday that the crisis-torn country was ending a decade of austerity and focusing on investing in growth despite the economic uncertainties of Brexit. "We can now afford to turn the page on austerity and move forward from a decade of recovery to a decade of renewal," ...
IBTimes   |   Wed, 4 Sep 2019 14:58:37

Brexit turmoil continues as lawmakers defy UK's Johnson

Times of India   |   Wed, 4 Sep 2019 14:57:41

Weakened UK's Johnson faces new Brexit battle

Prime Minister Boris Johnson faced a fresh Brexit showdown in parliament on Wednesday after a stinging defeat over his promise to get Britain out of the European Union at any cost next month. The Conservative leader said he would call for an early election on October 15 if lawmakers vote ...
IBTimes   |   Wed, 4 Sep 2019 14:51:05

UK Parliament to Vote to Stop No-Deal Brexit

U.K. lawmakers are set to vote on crucial legislation on whether to stop a no-deal Brexit. If passed, the legislation will force Prime Minister Boris Johnson to request a delay to the U.K.'s departure date from the EU if no deal is agreed before October 31. Johnson, who became prime ...
Alfonso Esparza / OANDA   |   Wed, 4 Sep 2019 14:45:25

US Stocks Rise After Chinese Services Data and HK and Brexit Concerns Ease

U.S. stocks rose broadly at the open on Wednesday as encouraging data from China allayed concerns of slowing global growth, with sentiment getting a boost on signs of easing tensions in Hong Kong following the withdrawal of a controversial bill. The Dow Jones Industrial Average .DJI rose 183.97 points, or ...
Alfonso Esparza / OANDA   |   Wed, 4 Sep 2019 14:44:16

Defiant UK lawmakers move to block Brexit

Britain’s parliament was attempting to defy Prime Minister Boris Johnson’s Brexit plans on Wednesday as lawmakers sought a way out of the impasse that has gripped the nation since the 2016 vote to leave the European Union.The House of Commons was set to confront Johnson over his insistence that the ...
Associated Press / South China Morning Post   |   Wed, 4 Sep 2019 14:40:59

MPs debate anti no-deal bill ahead of crucial vote tonight

MPs trying to stop a no-deal Brexit in October have moved one step closer to turning their efforts into law.
Sky   |   Wed, 4 Sep 2019 14:38:00

Labour Party want rebel bill to pass before backing election

Britain's opposition Labour Party will not back a vote later on Wednesday to hold an election and would ideally like to pass legislation that seeks to prevent a no-deal Brexit before backing a new parliamentary poll.
Reuters   |   Wed, 4 Sep 2019 14:31:08

Brexit: Cross-party group of 40 MEPs sign pledge to work together to keep EU membership on the table

The MEP delegations of Labour, Greens, Liberal Democrats, Alliance, Plaid Cymru, and the SNP will formally cooperate
Jon Stone / The Independent   |   Wed, 4 Sep 2019 14:23:00

UK and EU diplomats pessimistic as UK Brexit negotiator arrives

British and EU diplomats made clear on Wednesday that there was no immediate prospect of substantive negotiations on an EU divorce deal as Britain's new negotiator, David Frost, arrived in Brussels for talks.
Reuters   |   Wed, 4 Sep 2019 14:21:09

Brexit: MPs debating bill to block no-deal

Boris Johnson has warned he will seek a general election if the law is passed in the Commons.
BBC   |   Wed, 4 Sep 2019 14:20:00

Baffled By Brexit? How to Follow the Latest Showdown

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 embroiled in a showdown with Parliament this week and the murky outlook has the pound see-sawing. The risk of ...
Washington Post   |   Wed, 4 Sep 2019 14:08:36

In Volatile Markets, Hold On for One More Day

By CLS Investments From Y2K to 9/11 to the European debt crisis to Brexit, there will always be reasons not to invest in the stock market. The latest reason? An ongoing trade dispute between the world's two largest economies, China and the United States. After the U.S. announced expanded tariffs ...
CLS Investments / ETF Trends   |   Wed, 4 Sep 2019 14:00:24

Boris Johnson will not stand down as PM, Downing Street insists

Number 10 declines to say what PM will do if he fails to secure a snap election
Andrew Woodcock / The Independent   |   Wed, 4 Sep 2019 13:49:00

Johnson believes MPs must back new election if they vote for Brexit bill - spokesman

British Prime Minister Boris Johnson believes that if parliament votes to try to stop a no-deal Brexit - or "surrender bill" - lawmakers should back an election before an EU summit on Oct. 17, his spokesman said on Wednesday.
Reuters   |   Wed, 4 Sep 2019 13:39:42

Bank of England scales back estimate for worst-case Brexit GDP hit

The Bank of England has lowered its estimate for the scale of damage to Britain's economy in a worst-case Brexit scenario because of preparations undertaken since the end of last year, BoE Governor Mark Carney said on Wednesday.
Reuters   |   Wed, 4 Sep 2019 13:38:28

Winston Churchill's grandson expelled by Johnson

Britain's unending Brexit crisis has shifted the foundations of the country's politics and claimed the careers of two prime ministers in collateral damage. But few examples of its seismic effect on Westminster could be more profound than an extraordinary sacking made on Tuesday evening.
CNN   |   Wed, 4 Sep 2019 13:36:47

No proposals 'at all' from Britain on Brexit impasse, Ireland says

Britain has not yet presented any solutions to solve the Brexit impasse, Ireland's foreign minister said on Wednesday after British Prime Minister Boris Johnson told parliament substantial progress was being made in the negotiations.
Reuters   |   Wed, 4 Sep 2019 13:34:41

Labour wants no-deal bill implemented before UK election - Reynolds says

Britain's opposition Labour Party wants a bill blocking a no-deal Brexit to be implemented before there can be an election, junior finance spokesman Jonathan Reynolds said.
Reuters   |   Wed, 4 Sep 2019 13:32:33

Bank of England: No-deal Brexit not as bad as we predicted

The negative impact of a no deal Brexit will not be as severe as originally predicted because of improved planning by government, business and the financial sector, the Bank of England has said.
Sky   |   Wed, 4 Sep 2019 13:26:00

Brexit: Judge rejects parliament shutdown legal challenge

The cross-party group of MPs and peers behind the case say they will appeal against the ruling.
BBC   |   Wed, 4 Sep 2019 13:22:11

What's next for Brexit and how likely is a snap election?

Analysis: Here is how to make sense of the turbulent two months ahead in Westminster
Sean O'Grady / The Independent   |   Wed, 4 Sep 2019 13:19:43

Carney speech: Worst-case Brexit scenarios now less severe than 2018

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FX Street   |   Wed, 4 Sep 2019 13:19:05

GBP/USD bulls eyeing a sustained move beyond 1.2200 handle amid Brexit optimism

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FX Street   |   Wed, 4 Sep 2019 13:18:34

Letter from the Governor to the Treasury Select Committee regarding updated Brexit scenarios

Letter from Mark Carney, Governor
Bank of England   |   Wed, 4 Sep 2019 13:15:00

Disruption Is Beating Stability

First Read: "What we've learned the last three years since the 2016 election and original Brexit vote is that disruption tactics work, especially for political parties and movements that appear to be at a crossroads." "What we don't know is how disruption movements end." "Do voters around the world crave ...
Taegan Goddard / Taegan Goddard   |   Wed, 4 Sep 2019 13:10:57

Morning Charts 09/04/2019 SPX

running late today.Nothing new. BREXIT big deal. Will the deep state globalists get another delay? On to the lie - Bored yet? More to come below. Have a good day. GL and GB!
Shanky / Shanky   |   Wed, 4 Sep 2019 13:07:00

UK ending 'decade of austerity' despite Brexit

Britain's finance minister announced Wednesday that the crisis-torn country was ending a decade of austerity and focusing on investing in growth despite the economic uncertainties of Brexit. "We can now afford to turn the page on austerity and move forward from a decade of recovery to a decade of renewal," ...
IBTimes   |   Wed, 4 Sep 2019 13:06:03

The case for an immediate referendum

A way forward could be an emergency government that settles the Brexit question first before an election
FT   |   Wed, 4 Sep 2019 13:03:42

Trading the markets in September (video)

OANDA Senior Market Analyst Craig Erlam previews the upcoming month in the markets and provides an update on where things currently stand with Brexit, the US/China trade war, Italy and more. Craig also gives his analysis on EURUSD, GBPUSD, EURGBP, AUDUSD, USDCAD, GBPCAD, NZDUSD, USDJPY, GBPJPY, EURJPY and Gold.
Craig Erlam / OANDA   |   Wed, 4 Sep 2019 13:02:08

Brexit: Sajid Javid unveils spending review as government reels from defeat in vote - live news

Prime minister threatens to seek snap general election after crucial vote passed on Tuesday in Commons Explained: who are the 21 Tory rebels and will an election now happen? PMQs verdict: Johnson resorts to machismo and cheap jibes More than 100,000 apply to register to vote in UK in 48 ...
now / Guardian   |   Wed, 4 Sep 2019 12:59:25

Easing political worries lift shares, pound jumps

Britain's pound bounced from three-year lows on Wednesday after a parliamentary vote raised the prospect of another delay to Brexit, while an easing of worries about political risk in Italy helped push world stocks higher.
Reuters   |   Wed, 4 Sep 2019 12:57:35

Sajid Javid promises 'decade of renewal' as he sets out post-Brexit spending

Chancellor announces extra £13.4bn for 2020-21 and vows to build a 'global Britain' • Spending review 2019 - live blog The chancellor, Sajid Javid, has promised "a decade of renewal" after he set out plans for government spending covering the first year outside the EU, with an extra £13.4bn in ...
Phillip Inman / Guardian   |   Wed, 4 Sep 2019 12:56:24

In his first PMQs, Boris Johnson's racist words had consequences - but this time they were finally for him

Tanmanjeet Singh Dhesi was quite right to challenge the prime minister on his description of women wearing the hijab or burqa. He had no answer and his MPs fell silent
Tom Peck / The Independent   |   Wed, 4 Sep 2019 12:54:56

Britain’s super-rich prepare to flee as prospect of socialist rule looms

No-deal Brexit? That’s no problem, at least for Britain’s wealthiest people. Their bigger fear is leftist firebrand Jeremy Corbyn.For more than a year, some of the country’s most affluent have prepared for a hard separation from the European Union, making clear they can take a chaotic Brexit in their stride. ...
Bloomberg / South China Morning Post   |   Wed, 4 Sep 2019 12:54:40

Javid says he is 'turning the page on austerity'

British finance minister Sajid Javid said he was "turning the page on austerity" as he outlined spending increases which are widely seen part of a push for an early election by Prime Minister Boris Johnson to break the country's Brexit impasse.
Reuters   |   Wed, 4 Sep 2019 12:48:56

Johnson demands October 15 election after defeat over Brexit

British Prime Minister Boris Johnson on Wednesday demanded an Oct. 15 snap election after lawmakers seeking to prevent a no-deal Brexit dealt him a humiliating defeat in parliament which he cast as an attempt to surrender to the European Union.
Reuters   |   Wed, 4 Sep 2019 12:47:54

Common agricultural standards only part of Brexit border conundrum, Ireland says

Recognising common agricultural standards across the island of Ireland is just one element in seeking any new solution over how to keep the border between Ireland and Northern Ireland open after Brexit, Ireland's finance minister said on Tuesday.
Reuters   |   Wed, 4 Sep 2019 12:35:04

Sterling to rally 6% against euro if Brexit deal agreed - Reuters poll

Sterling will rally around 6% against the euro if Britain leaves the European Union with a deal, an outcome looking somewhat more likely after British lawmakers seized control of parliament to try and block a no-deal Brexit, a Reuters poll found.
Reuters   |   Wed, 4 Sep 2019 12:27:07

Sajid Javid announces 'end of austerity' with biggest public spending boost for 15 years

A 4.1 per cent hike, worth £13.8bn in 2020-21, is biggest since 2002 - but Labour calls it 'a sham'
Rob Merrick / The Independent   |   Wed, 4 Sep 2019 12:23:00

Britain has not yet presented any Brexit solutions, Ireland says

Britain has not yet presented any solutions to solve the Brexit impasse, Ireland's foreign minister said on Wednesday after British Prime Minister Boris Johnson told parliament substantial progress was being made in the negotiations.
Reuters   |   Wed, 4 Sep 2019 12:15:12

Spending review 2019: the chancellor's key points at a glance

Sajid Javid is delivering his spring statement - here are the main points, with political analysis • Spending review 2019 - live blog • Sajid Javid announces £2bn for Brexit delivery next year. There will be more support for business readiness and to prepare Britain's ports for a no-deal Brexit. ...
Richard Partington / Guardian   |   Wed, 4 Sep 2019 12:06:42

GBP/USD - Bounces on Boris Defeat

Markets bounce on political developments It promised to be an eventful week in Parliament and that's exactly how it's playing out and so far, the pound is the winner. Sterling has been battered in recent months as no-deal Brexit odds have soared and extraordinary measures have been touted to ensure ...
Craig Erlam / OANDA   |   Wed, 4 Sep 2019 12:01:01

Boris Johnson: Opposition 'surrender bill' the only thing blocking Brexit

• ANALYSIS: Johnson detonates his own majority and calls for snap election after Brexit blow • The complexities of a snap election, explained
CNN   |   Wed, 4 Sep 2019 11:55:45

'Some loud bloke who stunk of booze yelling at us': Dominic Cummings faces backlash from all sides as Boris Johnson government descends into chaos

Under mounting pressure from across the house, PM's senior adviser said to have shouted at Jeremy Corbyn outside Parliament
Zamira Rahim / The Independent   |   Wed, 4 Sep 2019 11:55:00

Tens of thousands of young people register to vote in just 48 hours as general election looms

More than 100,000 have people applied, with 58 per cent of applications submitted by people aged 34 and under
Zamira Rahim / The Independent   |   Wed, 4 Sep 2019 11:30:30

Time to Unlock the Brexit Relief Fund

The U.K.'s looming withdrawal from the EU looks like a good reason to turn on the spending taps.
Washington Post   |   Wed, 4 Sep 2019 11:28:45

Boris Johnson swears in parliament amid PMQs pummeling after historic Brexit defeat

Embattled prime minister describes Labour economic policy as 's**t or bust'
Jon Sharman / The Independent   |   Wed, 4 Sep 2019 11:26:00

Boris Johnson Still In Power But Not In Control

Politico: "Johnson's preference is for an election on Oct. 14, hoping that his Conservative Party will gain seats in the House of Commons and give him more backing for his preferred approach to Brexit." "Calling an election would be a big risk, though. It would essentially amount to a second ...
Taegan Goddard / Taegan Goddard   |   Wed, 4 Sep 2019 11:19:53

Germany - Lack of British proposal on Irish border raises risk of no-deal Brexit

Germany sees an increased risk of a no-deal Brexit next month because Britain has so far failed to come up with an alternative proposal to solve the Irish border question, a government document from last week showed.
Reuters   |   Wed, 4 Sep 2019 11:17:26

Johnson challenges opponents to agree to October 15 election

British Prime Minister Boris Johnson on Wednesday challenged opposition Labour Party leader Jeremy Corbyn to agree to an Oct. 15 parliamentary election, calling a Labour-led plan to try and prevent a no-deal Brexit a 'surrender bill'.
Reuters   |   Wed, 4 Sep 2019 11:17:13

Brexit: Slouching Jacob Rees-Mogg lampooned in memes

The Conservative MP's relaxed posture in Parliament unleashed a flood of creativity from web users.
BBC   |   Wed, 4 Sep 2019 11:11:49

Pound extends recovery amid Brexit drama

The pound rebounded further Wednesday, but gains were capped by investor anxiety after Brexit turmoil sent the currency tumbling and set the stage for a potential snap UK election next month. Having dived Tuesday to $1.1959 -- the pound's weakest level since 1985 except for a 2016 "flash crash" -- ...
IBTimes   |   Wed, 4 Sep 2019 11:11:09

Burgon's Car Crash Brexit Interview

Shadow Justice Secretary, and general lump of incompetence, Richard Burgon had a shocker of an interview last night when trying to explain Labour's non-existant Brexit policy. Guido felt it was our duty to broadcast the car crash. Could he make it more obvious he only got to where he is ...
Tom Harwood / Guy Fawkes' blog   |   Wed, 4 Sep 2019 11:04:38

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