Brexit News Archive: 09 Sep 2019

Brexit: BMW could cut shifts at Mini plant in event of no-deal

Finance chief Nicolas Peter says output at the Oxford plant is likely to fall, affecting jobs.
BBC   |   Mon, 9 Sep 2019 22:03:42

Former PM's Brexit negotiator joins Goldman Sachs

Olly Robbins, who helped negotiate the EU withdrawal agreement, will join the bank after a sabbatical.
BBC   |   Mon, 9 Sep 2019 22:00:44

Corbyn to accuse Johnson of hijacking Brexit

Opposition Labour leader Jeremy Corbyn will accuse Prime Minister Boris Johnson on Tuesday of hijacking Brexit to lead Britain out of the European Union without a deal and shift power and wealth "to those at the top".
Reuters   |   Mon, 9 Sep 2019 21:35:43

Ex-UK PM May's Brexit negotiator Robbins to join Goldman Sachs

Former British Prime Minister Theresa May's chief Brexit negotiator Olly Robbins will join Goldman Sachs' investment banking division after a sabbatical, the Cabinet Office said on Tuesday.
Reuters   |   Mon, 9 Sep 2019 20:51:05

Johnson to suspend U.K. Parliament as his Brexit plans stall, house speaker exits

British lawmakers demanded Monday that Prime Minister Boris Johnson's government release officials' correspondence about plans for Brexit, as the government prepared to suspend Parliament and ...
No Author / Japan Times   |   Mon, 9 Sep 2019 20:22:50

Brexit: Boris Johnson will not negotiate an extension with Brussles, only a deal

Read more on
FX Street   |   Mon, 9 Sep 2019 20:08:29

UK foreign minister Raab - Government will always respect the rule of law

The British government will always respect the rule of law, foreign minister Dominic Raab said on Monday, responding to concerns that Prime Minister Boris Johnson could ignore legislation that may force him to delay Brexit.
Reuters   |   Mon, 9 Sep 2019 19:56:21

Former Brexit negotiator Olly Robbins to join Goldman Sachs

Powerful aide to Theresa May was lighting rod for criticism by hardline Brexiters
FT   |   Mon, 9 Sep 2019 19:55:46

Order! John Bercow bows out of Brexit drama

MPs' 'bastion' or 'objectionable' show-off. The larger-than-life Commons speaker divides opinion.
Charlie Cooper, Annabelle Dickson, Emilio Casalicchio / Politico   |   Mon, 9 Sep 2019 19:42:49

Commons votes for release of prorogue documents

Grieve move to force No 10 to hand over private communications on no-deal Brexit
FT   |   Mon, 9 Sep 2019 19:33:36

Ringo Gets It

( John Hinderaker ) Readers of a certain age probably remember Ringo Starr fondly. He always seemed sensible, for a rock musician, and it appears that money hasn't driven him to the left, as happens with so many. Here Ringo says what he thinks about Brexit. It's common sense, clearly ...
John Hinderaker / Power Line   |   Mon, 9 Sep 2019 19:23:05

Cameron, May, Johnson: Where they went wrong

The three Tory Prime Ministers of this millennium - David Cameron, Theresa May and Boris Johnson - could have been the solvers of Brexit if only they had been wiser, magnanimous and acted in the national interest. WISER - by realising that an advisory referendum, with such a narrow win ...
Jon Danzig / Ideas on Europe   |   Mon, 9 Sep 2019 19:16:46

British MPs inflict fresh blow on Johnson over Brexit documents

British MPs voted Monday to demand Prime Minister Boris Johnson release confidential documents relating to Britain's EU exit, during a final day of defiance before he suspends their session until just weeks before Brexit. MPs voted by 311 to 302 for a motion by a rebel Conservative MP demanding the ...
IBTimes   |   Mon, 9 Sep 2019 19:15:38

Boris Johnson: Voters attack 'unacceptable' suspension of parliament, as prime minister prepares to lock MPs out of Commons

Parliamentary sittings to be suspended for five weeks as Brexit crisis heightens
Andrew Woodcock / The Independent   |   Mon, 9 Sep 2019 18:58:00

Senior UK govt figures must publish Brexit WhatsApp messages

Communications on Parliament suspension must be handed over after House of Commons vote in latest Johnson defeat.
Al Jazeera   |   Mon, 9 Sep 2019 18:45:39

Speaker Bercow, champion of Britain's parliament in clash with Johnson, bows out

House of Commons Speaker John Bercow, champion of Britain's parliament in its move to rein in Prime Minister Boris Johnson over Brexit, said on Monday he would stand down, issuing a warning to the government not to "degrade" parliament.
Reuters   |   Mon, 9 Sep 2019 18:36:42

British lawmakers vote to demand government hand over Brexit documents

British lawmakers voted on Monday to demand the government publish documents relating to its planning for a no-deal Brexit and private communications from government officials involved in a decision to suspend parliament.
Reuters   |   Mon, 9 Sep 2019 18:35:49

UK Queen approves law blocking no-deal Brexit

Prime Minister Boris Johnson must now ask for an extension or get a deal.
Al Jazeera   |   Mon, 9 Sep 2019 17:37:05

Brexit: MPs order Boris Johnson to hand over government communications about parliament suspension and no-deal planning

Boris Johnson's government has suffered another humiliating Commons defeat, as MPs ordered the release of internal communications between the prime minister's top advisers over the decision to suspend parliament.
Ashley Cowburn / The Independent   |   Mon, 9 Sep 2019 17:31:00

Business wants Brexit resolved. An election may not help

Businesses in the United Kingdom have been hobbled by Brexit uncertainty for three years. They want a resolution, fast.
CNN   |   Mon, 9 Sep 2019 17:14:24

EU vents frustration with Brexit shambles, but a 'no' to extension not likely

As frustration with Britain's Brexit crisis boils over across Europe, France and the Netherlands have raised the prospect that the European Union might reject a request by Prime Minister Boris Johnson to extend the divorce deadline from Oct. 31.
Reuters   |   Mon, 9 Sep 2019 16:59:48

John Bercow is standing down, but only after an hour and a half of welling up at tributes to himself

The speaker's bombshell announcement turned out to be about by far the most important matter in the speaker's life - the speaker himself.
Tom Peck / The Independent   |   Mon, 9 Sep 2019 16:58:28

British PM's office says Brexit will happen on October 31, 'no ifs or buts'

A bill demanding that Prime Minister Boris Johnson delay Britain's withdrawal from the EU on October 31 if he cannot get a divorce deal became law on Monday but his office insisted that Brexit would happen by that date, "no ifs and buts".
Times of India   |   Mon, 9 Sep 2019 16:57:55

UK bluechips give up gains as sterling strengthens

London's FTSE 100 fell on Monday as the pound ploughed ahead after unexpectedly robust economic data and as no-deal Brexit worries tempered, leaving stocks in the dumps.
Reuters   |   Mon, 9 Sep 2019 16:54:38

UK refuses to publish details of legal advice on divorce bill in no-deal Brexit

The British government said on Monday it had received legal advice on its rights and obligations when it leaves the European Union but publishing the details would damage its negotiating position.
Reuters   |   Mon, 9 Sep 2019 16:51:54

How Brexit could make milk way more complicated

Brexit's thorniest issue is the border between Northern Ireland and the Republic of Ireland. CNN's Nic Robertson reports on the impact a no-deal Brexit could have on daily life there.
CNN   |   Mon, 9 Sep 2019 16:36:08

UK's Johnson heads for new defeat in Brexit crisis

British Prime Minister Boris Johnson faced another parliamentary defeat Monday in a vote on holding early elections as Brexit turmoil deepened with the House of Commons speaker promising to resign within weeks. Parliament will be suspended for five weeks immediately after the vote, leaving Johnson to attempt to salvage his ...
IBTimes   |   Mon, 9 Sep 2019 16:07:45

House of Commons speaker surprises U.K. Parliament by stepping down

Parliament might soon get a bit more dis-orderly. The United Kingdom's House of Commons Speaker John Bercow announced Monday he will step down from his post by Oct. 31, the current Brexit deadline, if no general election is called before then. In the unlikely scenario that there election before Oct. ...
The Week   |   Mon, 9 Sep 2019 16:03:00

Everything you need to know

The UK's Brexit saga enters a new phase on Monday, as Prime Minister Boris Johnson prorogues -- or suspends -- Parliament for over a month.
CNN   |   Mon, 9 Sep 2019 15:59:38

Boris Johnson must face brutal logic of his choices

He must either squeeze the Brexit party or countenance a deal with Nigel Farage
FT   |   Mon, 9 Sep 2019 15:42:37

John Bercow: Speaker at centre of Brexit debate to retire

The Speaker of the House of Commons, under fire from his own party, is to stand down in the coming weeks.
Al Jazeera   |   Mon, 9 Sep 2019 15:41:34

Speaker John Bercow announces he will quit

Britain's House of Commons Speaker John Bercow, who played a key role in the three-year Brexit crisis, said on Monday he would stand down from the role, issuing a warning to the government not to "degrade" parliament.
Reuters   |   Mon, 9 Sep 2019 15:35:20

UK Parliament speaker says will step down

The speaker of Britain's House of Commons John Bercow said on Monday he would step down within weeks, amid criticism by Brexit hardliners who say he has twisted parliamentary rules to undermine them.
Times of India   |   Mon, 9 Sep 2019 15:26:13

UK foreign secretary Dominic Raab says Johnson will go to Brussels 'to negotiate our departure' on October 31

• UK government to suspend Parliament • Everything you need to know • How British politics broke
CNN   |   Mon, 9 Sep 2019 15:24:19

UK Government to suspend Parliament

Boris Johnson's government will prorogue, or suspend, Parliament at the end of Monday's sitting, the Prime Minister's official spokesperson has told journalists.
CNN   |   Mon, 9 Sep 2019 15:22:26

PM Johnson set out possible solutions to Irish backstop - spokesman

British Prime Minister Boris Johnson believes the Irish backstop must be abolished from the Brexit Withdrawal Agreement and set out possible solutions when he met his Irish counterpart Leo Varadkar earlier on Monday, his spokesman said.
Reuters   |   Mon, 9 Sep 2019 15:22:18

It's not about Tariffs or Brexit, Expect the Equity Market to Push Higher

By Gary Stringer, Kim Escue and Chad Keller, Stringer Asset Management As our process allows us to manage risk in real time, we have adjusted our Strategies to weather market volatility while still participating in potential market appreciation. Recent news that Brexit may be delayed and that trade talks between ...
Gary Stringer, Kim Escue, & Chad Keller, Stringer Asset Management / ETF Trends   |   Mon, 9 Sep 2019 15:09:28

Boris Johnson: Only one in five voters back PM's demand for general election before Brexit deadline

More than half want MPs to face voters before the end of next year
Andrew Woodcock / The Independent   |   Mon, 9 Sep 2019 15:08:00

Brexit to be delayed, chance of no-deal departure holds at 35% - economists

Brexit will be delayed again, according to a Reuters poll of economists that continued to put the chance of Britain and the European Union parting ways without agreeing a deal at 35%, despite the UK parliament attempting to block a no-deal exit.
Reuters   |   Mon, 9 Sep 2019 15:05:39

Brexit: Boris Johnson told he would 'open door to mob rule' if he breaks no-deal law

PM says he would rather be 'dead in a ditch' than delay Brexit, despite rebel bill
Lizzy Buchan / The Independent   |   Mon, 9 Sep 2019 14:58:34

How British politics broke

By the end of Monday, the British government will suspend the country's Parliament for five weeks -- at the request of newly installed Prime Minister Boris Johnson. It's part of a broader feud between Johnson and Parliament as the two sides try to figure out how Britain can leave the ...
CNN   |   Mon, 9 Sep 2019 14:51:32

Boris Johnson news - live: MPs order government to publish Brexit communications and planning as John Bercow resigns as speaker

Follow all the latest developments
Adam Forrest, Conrad Duncan / The Independent   |   Mon, 9 Sep 2019 14:42:00

John Bercow to Stand Down

In perhaps the best news for Brexiteers since Boris became PM, the John Bercow has announced he will be standing down as speaker and an MP at the next election, following news the Tories were planning on fielding a candidate against him... If an election passes tonight, he'll stand down ...
Christian Calgie / Guy Fawkes' blog   |   Mon, 9 Sep 2019 14:38:32

Prorogation: How can the government suspend Parliament?

Can the prime minister shut down Parliament to force a no-deal Brexit?
BBC   |   Mon, 9 Sep 2019 14:36:15

Queen Elizabeth approves law seeking to block October 31 no-deal Brexit

Britain's Queen Elizabeth on Monday gave final approval to a piece of legislation which seeks to prevent Prime Minister Boris Johnson from taking the country out of the European Union without an exit deal on Oct. 31.
Reuters   |   Mon, 9 Sep 2019 14:34:44

Why is Boris Johnson suspending Parliament, and what does it mean for Brexit?

CNN   |   Mon, 9 Sep 2019 14:32:24

Emotional John Bercow announces plans to step down as speaker

John Bercow has announced he will stand down as Commons speaker on 31 October at the latest.
Sky   |   Mon, 9 Sep 2019 14:26:00

Stocks to watch: Intu, Abcam, Berkeley, Spire, ProSieben, Moncler

Even a no-deal Brexit won't stop UK housebuilders throwing off cash, says HSBC
FT   |   Mon, 9 Sep 2019 14:03:57

Brexit - Parliament fights back (video)

OANDA Senior Market Analyst Craig Erlam discusses the latest developments in the Brexit as MP's prepare for the prorogation of Parliament this evening.
Craig Erlam / OANDA   |   Mon, 9 Sep 2019 13:49:06

Tory MPs expelled by Boris Johnson demand all government communications over parliament suspension

Former Conservatives join with opposition to demand release of letters, emails, texts and WhatsApp messages
Andrew Woodcock / The Independent   |   Mon, 9 Sep 2019 13:37:00

Irish PM Varadkar: no-backstop equals no-deal Brexit

Irish Prime Minister Leo Varadkar said on Monday that the removal of the border backstop without any proper replacement would mean a no-deal Brexit for the United Kingdom.
Reuters   |   Mon, 9 Sep 2019 13:30:11

After Arnold Schwarzenegger, British Banks Face a Corbyn Battering

For Lloyds, the PPI scandal was costly - but Brexit and Labour could spell more pain.
Washington Post   |   Mon, 9 Sep 2019 13:27:41

Japan business chief says South Korea rift, Brexit still big risks

Keidanren Chairman Hiroaki Nakanishi says Japanese companies continue to face major risks stemming from heightened tensions with South Korea and the uncertain outlook for Britain's ...
No Author / Japan Times   |   Mon, 9 Sep 2019 13:13:00

UK parliament suspension set to begin after MPs vote on election

Britain's parliament will be suspended for five weeks on Monday following another expected defeat by MPs for Prime Minister Boris Johnson as he battles to salvage his hardline Brexit strategy amid fierce opposition in Westminster. The controversial suspension will begin shortly after MPs are set to vote again against Johnson's ...
IBTimes   |   Mon, 9 Sep 2019 13:06:16

Rudd Was Not on No. 10 Negotiation Committees

When Amber Rudd resigned on Saturday night, she offered the explanation that there is "insufficient planning for a deal" by Downing Street. The only flaw with this explanation is that Amber Rudd did not sit on a single one of No. 10's Brexit committees. So she was not privy to ...
Christian Calgie / Guy Fawkes' blog   |   Mon, 9 Sep 2019 13:00:44

British PM Johnson: I want a Brexit deal but parliament doesn't daunt me

British Prime Minister Boris Johnson said on Monday he wanted a Brexit deal on Oct. 18 and that he was undaunted by attempts by parliament...
sellputs / Hedge Accordingly   |   Mon, 9 Sep 2019 12:56:07

UK electric car supplier Yasa eyes Europe plant after Brexit

FT   |   Mon, 9 Sep 2019 12:28:24

Brexit differences on show at Johnson-Varadkar meeting

Irish prime minister says he is 'ready to listen' but that 'no backstop is no-deal for us'
FT   |   Mon, 9 Sep 2019 11:56:13

Johnson: I want a Brexit deal but parliament doesn't daunt me

British Prime Minister Boris Johnson said on Monday he wanted a Brexit deal on Oct. 18 and that he was undaunted by attempts by parliament to block a no-deal exit.
Reuters   |   Mon, 9 Sep 2019 11:53:34

Deutsche Börse's Eurex makes fresh euro clearing push ahead of Brexit

FT   |   Mon, 9 Sep 2019 11:43:36

Irish and British PMs establish common Brexit ground but say big gaps remain

British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar established some common ground on Brexit on Monday when they met for the first time, but significant gaps remain, after the British and Irish governments said.
Reuters   |   Mon, 9 Sep 2019 11:41:00

UK economy shows unexpected strength in July, dampening recession fears

Britain's economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis as the Brexit crisis escalates.
Reuters   |   Mon, 9 Sep 2019 11:27:33