Brexit News Archive: 13 Sep 2019

Week ahead: Federal Reserve, Bank of England, Brexit

FT   |   Fri, 13 Sep 2019 21:38:55

Johnson plans to force Brexit deal in 10-day blitz

Brussels talks show signs of progress over contentious Irish backstop
FT   |   Fri, 13 Sep 2019 20:30:29

London Fashion Week Opens Under Brexit Cloud

London Fashion Week gets under way on Friday, launching spring/summer 2020 collections set to come out after Brexit -- a divorce bitterly opposed by the UK fashion industry. A survey by the Fashion Roundtable consultancy found 96 percent of British fashion sector professionals backed Britain staying in the European Union ...
IBTimes   |   Fri, 13 Sep 2019 20:28:35

Liberal Democrat policy to revoke Article 50 is 'natural stance' for stopping Brexit, Guy Verhofstadt says

The European parliament's Brexit coordinator is attending the annual conference of Jo Swinson's party
Andrew Woodcock / The Independent   |   Fri, 13 Sep 2019 20:27:00

No-deal Brexit: Scores of councils say food shortages a risk if UK crashes out of EU

'This is not Project Fear so much as Project Here,' say campaigners
Vincent Wood / The Independent   |   Fri, 13 Sep 2019 20:20:00

Britain may need a second Brexit referendum, says former PM Cameron

Former British prime minister David Cameron, who took the decision in 2016 to hold a referendum on the country's membership of the European Union, said another vote may be needed to resolve the Brexit impasse.
Reuters   |   Fri, 13 Sep 2019 20:03:20

Investors shun pound as Brexit concerns dominate

Daniel Chambers, head of trading at Sequoia Capital Fund Management, has stopped trading the pound in his nearly $200 million (£160 million) systematic currency portfolio over the course of the year because of the Brexit headline risk.
Reuters   |   Fri, 13 Sep 2019 19:31:31

Hong Kong tests London's post-Brexit loyalties

HKEX's £32bn bid for the London Stock Exchange caught everyone by surprise. It now faces a host of hurdles just as tensions between China and the west intensify
FT   |   Fri, 13 Sep 2019 18:14:31

OANDA Market Insights - Episode 82 (Podcast)

OANDA Senior Market Analyst Craig Erlam previews the week's business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week they discuss the ECB stimulus package, Brexit, the trade war and next week's interest rate decisions from the Fed, BoE and BoJ.
Craig Erlam / OANDA   |   Fri, 13 Sep 2019 17:18:35

Week ahead - Central banks the only game in town

Brexit, Fed and trade war remain in focus For many months now, all of the attention has been on the trade war, Brexit and central bank easing. Next week is going to be no different as the UK Supreme Court rules on Boris Johnson's prorogation of Parliament, talks continue ahead ...
Craig Erlam / OANDA   |   Fri, 13 Sep 2019 17:00:20

Finland's Prime Minister Says No Deal Brexit Likely

A no-deal Brexit looks likely, Finland's Prime Minister Antti Rinne told CNBC, though he is still hopeful that both sides of the English Channel will have good relations going forward. Said Rinne: "I will say that now it seems that it's going to happen, and we need to accept that ...
Taegan Goddard / Taegan Goddard   |   Fri, 13 Sep 2019 16:54:29

Brexit optimism breathes life into UK-focussed stocks

UK stocks ended Friday on a high note as optimism that a no-deal Brexit could be avoided spurred a rally in stocks with domestic exposure, overpowering losses in blue-chip exporter stocks that were hit by a stronger sterling.
Reuters   |   Fri, 13 Sep 2019 16:36:05

Friends Without Benefits: The "Special Relationship" After Brexit

More by accident than design, the U.S.-UK partnership is at a potentially ruinous inflection point. The post Friends Without Benefits: The "Special Relationship" After Brexit appeared first on The American Interest .

'People say all sorts of things': David Cameron admits being shouted at in street about Brexit

'I do understand some people are very angry because they didn't want to leave the EU,' former PM concedes
Vincent Wood / The Independent   |   Fri, 13 Sep 2019 16:22:32

Boris Johnson news - live: David Cameron attacks 'appalling' new leader after PM heckled and accosted in street during northern debacle

Follow all the latest developments in Westminster
Adam Forrest, Jane Dalton, Lizzy Buchan / The Independent   |   Fri, 13 Sep 2019 16:16:00

Northern Ireland can't have veto on Brexit backstop, Ireland says

UK had tried to give Stormont say over EU single market rules
Jon Stone / The Independent   |   Fri, 13 Sep 2019 16:13:00

UK week ahead: Brexit, Supreme Court and BoE - Danske Bank

Read more on
FX Street   |   Fri, 13 Sep 2019 16:12:53

Why sterling is on the rebound

FT's capital markets editor Katie Martin sees fading no-deal Brexit fears driving the pound's recovery
FT   |   Fri, 13 Sep 2019 15:58:03

Property agents seek to put market malaise behind them

UK house prices have not risen since 2016 and Brexit uncertainty continues to weigh on activity
FT   |   Fri, 13 Sep 2019 15:54:57

Gibraltar boosts port preparations in case of no deal Brexit

Gibraltar has extended port facilities to be able to handle more ships carrying goods as part of contingency plans if Britain leaves the European Union without an agreement, the British territory's maritime minister said on Friday.
Reuters   |   Fri, 13 Sep 2019 15:52:53

Cameron: Second referendum can't be ruled out

David Cameron says a second Brexit referendum can't be ruled out "because we're stuck" - but admits some people will "never forgive him" for calling the vote that took place in 2016.
Sky   |   Fri, 13 Sep 2019 15:50:00

David Cameron hits out at Boris Johnson for suspending parliament and expelling MPs, warning no-deal Brexit would be 'bad outcome'

Former prime minister claims suspension 'a bad thing' and warns that tough stance against rebels has 'rebounded'
Benjamin Kentish / The Independent   |   Fri, 13 Sep 2019 15:47:00

Heidi Allen to Defect to the Lib Dems Tomorrow

Guido hears from a reliable source, who has previously provided accurate information on similar defections, that the Liberal Democrats are to announce former-Tory, former-Tigger, former-Change UK, former-Independent who promised to respect the referendum and deliver Brexit, Heidi Allen, will be joining their growing ranks at their party conference. Not a ...
Tom Harwood / Guy Fawkes' blog   |   Fri, 13 Sep 2019 15:46:54

Friday afternoon news briefing: Reasons to be optimistic about Brexit?

Danny Boyle / Telegraph   |   Fri, 13 Sep 2019 15:28:58

Brexit Party Allocated Just One Minute in Three Hour European Parliament Brexit 'Debate'

From 9am -12pm next Wednesday the European Parliament will hold a big debate on the Brexit process. Curiously, the largest party in the Parliament has been allocated just one minute of the three hours of speaking time, despite making up 4% of all MEPs, and the debate being about the ...
Tom Harwood / Guy Fawkes' blog   |   Fri, 13 Sep 2019 15:27:34

Last Night of the Proms: flags and fanfare can't hide the divisions in Brexit Britain

Love it or loathe it, there's no question that Last Night of the Proms operates as an elaborate piece of British cultural theatre, on multiple levels. On the one hand, it's a rare and exceptionally important opportunity to subvert the sobriety of the classical music establishment. On the other hand, ...
Simon Keegan-Phipps, Lecturer in Ethnomusicology, University of Sheffield / The Conversation   |   Fri, 13 Sep 2019 15:11:02

Met Police drop criminal probe into Leave.EU spending

The Met found "insufficient evidence" to continue its investigation into the pro-Brexit group.
BBC   |   Fri, 13 Sep 2019 14:50:56

British PM 'cautiously optimistic' on Brexit deal

Times of India   |   Fri, 13 Sep 2019 14:48:29

Hungary's far-right government says it won't veto Brexit extension as favour to Boris Johnson

Foreign minister says country will not seek to have casting vote
Jon Stone / The Independent   |   Fri, 13 Sep 2019 14:48:00

Umunna on 'vile' Labour abuse and the Brexit battle

New Lib Dem MP aims to use contest in Tory's City stronghold to make the case for Remain
FT   |   Fri, 13 Sep 2019 14:43:16

Brexit backstop: Will the DUP do a political 180?

Senior party figures have denied reports that red lines on the backstop have been privately shifted.
BBC   |   Fri, 13 Sep 2019 14:22:45

PM Johnson says 'rough shape' exists for Brexit deal

British Prime Minister Boris Johnson said on Friday there was "the rough shape of a deal to be done" over Brexit, as he prepared to meet European Commission President Jean-Claude Juncker in a renewed push to reach an agreement.
Reuters   |   Fri, 13 Sep 2019 14:22:20

Brexit Update: Hungary Key To Johnson's No-Deal Strategy

European Union officials say they fear Hungary may help British Prime Minister Boris Johnson crash out of the alliance without a deal by refusing to join colleagues in approving an extension of the Oct. 31 deadline. Johnson has indicated he might ignore a Parliamentary resolution directing him to seek a ...
IBTimes   |   Fri, 13 Sep 2019 14:17:47

Boris Johnson is bringing the country together, to tell him to go away

Wherever he goes, the people suddenly realise there is more that unites them than divides them, and what unites them is not wanting Boris Johnson anywhere near them
Tom Peck / The Independent   |   Fri, 13 Sep 2019 14:12:21

Scargill Calls for the Left to Oppose Remain MPs

Former leader of the National Union of Mineworkers, Arthur Scargill, has called on all socialists to oppose any Labour MPs wanting to stay in the European Union. Good old traditional Labour... Scargill proffered his Brexit call to arms at a meeting of the left-wing Brexit Group, Leave Fight Transform (LeFT), ...
Christian Calgie / Guy Fawkes' blog   |   Fri, 13 Sep 2019 14:04:37

EU-UK Brexit talks to continue next week

EU and British Brexit negotiators will continue talks next week, a UK government spokeswoman said on Friday after the latest round of talks in Brussels.
Reuters   |   Fri, 13 Sep 2019 13:58:44

Pound Jumps On Brexit Hopes As Global Stocks Firm

The British pound hit a seven-week high against the dollar Friday on easing fears of a no-deal Brexit. Stock markets meanwhile won support after China said some US agricultural products including pork and soybeans would be exempt from added tariffs, ahead of trade talks between Beijing and Washington scheduled for ...
IBTimes   |   Fri, 13 Sep 2019 13:54:14

Boris Johnson 'won't be deterred' from Brexit on 31 October

Boris Johnson says the UK will leave by the deadline, but he is "cautiously optimistic" of getting a deal.
BBC   |   Fri, 13 Sep 2019 13:53:06

EU very concerned at idea of Northern Irish border veto, Ireland says

European Union negotiators are very concerned by the idea of handing Northern Ireland's devolved government the right to approve future regulatory changes as a part of finding a Brexit compromise, Ireland's foreign minister said on Friday.
Reuters   |   Fri, 13 Sep 2019 13:44:09

'I am giving up on the Conservatives': Boris Johnson faces election gamble as voters desert him over Brexit

Frustration with the failure to leave the EU evident on streets of Lincoln
Agencies / The Independent   |   Fri, 13 Sep 2019 13:41:27

Pound Soars on No-Deal Brexit Declining Possibility Even as Doubts Remain

The pound has hit its highest level against the dollar since July amid hopes a no-deal Brexit can be avoided. Sterling jumped more than 1% on Friday to over $1.24 against the dollar, its highest level in seven weeks. The pound was boosted after a report in the Times said ...
Alfonso Esparza / OANDA   |   Fri, 13 Sep 2019 13:39:46

Boris Johnson 'cautiously optimistic' of Brexit deal

'Get back to parliament,' a heckler shouted during Johnson's speech.
Cristina Gallardo / Politico   |   Fri, 13 Sep 2019 13:37:09

Investigation dropped into Leave.EU's Brexit spending

Leave.EU, a Brexit campaign group led by Arron Banks, will not face any more criminal investigation into the spending return it submitted after the 2016 European Union referendum, London's Metropolitan Police said on Friday.
Reuters   |   Fri, 13 Sep 2019 13:35:50

Brexit: 'Has Monty Python taken over?' - what the world press thinks

The world press sees Brexit making dramatic changes to Britain's tradition and reputation.
BBC   |   Fri, 13 Sep 2019 13:26:20

PM Johnson says there is the 'rough shape' of a Brexit deal to be done

British Prime Minister Boris Johnson said on Friday there was the "rough shape" of a Brexit deal to be done and he was cautiously optimistic an agreement could be reached to smooth Britain's exit from the European Union.
Reuters   |   Fri, 13 Sep 2019 12:55:41

Ireland doubts UK PM's ability to pass any new Brexit deal

Irish Prime Minister Leo Varadkar said he was not sure his British counterpart Boris Johnson would be able to make the compromises necessary to get a Brexit deal that would win enough support from UK lawmakers to ratify it.
Reuters   |   Fri, 13 Sep 2019 12:50:44

'No Deal' Brexit Still On The Table, Scotland Silliness, DUP Dealing

'No Deal' Brexit Still On The Table, Scotland Silliness, DUP Dealing Authored by Mike Shedlock via MishTalk, Despite a lot of huffing and puffing by Remainers, nothing has changed. Eurointelligence wrote yesterday morning "No, the Scottish courts will not stop Brexit" I thought the stuff on Scotland silly I did ...
Tyler Durden / Zero Hedge   |   Fri, 13 Sep 2019 12:50:00

How Brexit Could Unleash a U.K. Constitutional Crisis

U.K. Prime Minister Boris Johnson, who took office in July, unleashed a storm of controversy in Britain with his move to suspend Parliament. He argued that the mid-September recess -- weeks earlier than is customary -- was a routine step bringing one legislative session to a close and allowing a ...
Washington Post   |   Fri, 13 Sep 2019 12:43:14

'Get back to Parliament': Boris Johnson heckled during speech shortly after being accosted in street over Brexit

Audience member told PM he should be in Westminster 'sorting out the mess that you have created'
Andrew Woodcock / The Independent   |   Fri, 13 Sep 2019 12:26:00

Brexit reopens old wounds in Northern Ireland

The challenge of keeping the border open remains one of the biggest obstacles to a deal
FT   |   Fri, 13 Sep 2019 11:49:02

No-deal Brexit 'will hit fresh food supplies'

Supplies of fresh food would be hit by a no-deal Brexit, a supermarket boss has told Sky News.
Sky   |   Fri, 13 Sep 2019 11:41:00

Pound Jumps On Brexit Hopes As Global Stocks Firmer

The British pound hit a seven-week high against the dollar Friday on easing fears of a no-deal Brexit. Stock markets meanwhile won support after China said some US agricultural products including pork and soybeans would be exempt from added tariffs, ahead of trade talks between Beijing and Washington scheduled for ...
IBTimes   |   Fri, 13 Sep 2019 11:21:44

Pound climbs to highest level since July

Sterling rises as traders believe the risk of a no-deal Brexit is receding.
BBC   |   Fri, 13 Sep 2019 11:19:40