Brexit News Archive: 02 Oct 2019

Can Deal Be Reached Before Brexit Deadline? Boris Johnson's Plan Gets Cool Reception

British Prime Minister Boris Johnson unveiled his proposal for exiting the European Union Wednesday, noting there's "very little time" for the United Kingdom and the other 27 members of the economic alliance to reach agreement ahead of the Oct. 31 Brexit deadline. Johnson has said he's against extending the deadline ...
IBTimes   |   Wed, 2 Oct 2019 20:33:46

PM Johnson makes final Brexit offer, draws guarded welcome from EU

British Prime Minister Boris Johnson made a final Brexit offer to the European Union on Wednesday, pitching a possible compromise for a last-minute exit deal that was cautiously welcomed by the EU though the two sides still remain far apart.
Reuters   |   Wed, 2 Oct 2019 20:22:35

Monday's Stock Market Close: Dow Plunges Nearly 500 Points On Economic Worries

Fears about the global economy and uncertainty over Brexit sent U.S. stocks lower Monday as President Trump railed against House Democrats and the impeachment investigation. London's FTSE posted its biggest loss in more than three years. The Dow Jones Industrial Average, which plunged more than 550 points during the session, ...
IBTimes   |   Wed, 2 Oct 2019 20:11:31

Tough or impossible? The next 10 days are critical for PM's deal

"This is the moment of truth." That's how Boris Johnson put it in our interview this week at Conservative Party conference just before formally putting forward his new Brexit offer to Brussels. 
Sky   |   Wed, 2 Oct 2019 20:05:00

Johnson's Brexit plan leaves big 'gap to bridge'

EU leaders ready to listen to Northern Ireland proposals but guarded on scale of challenge
FT   |   Wed, 2 Oct 2019 19:29:37

Stocks Falling Substantially into Final Hour on Global Growth Fears, Brexit Concerns, Impeachment Talk, Financial/Retail Sector Weakness

Broad Equity Market Tone: Advance/Decline Line: Substantially Lower Sector Performance: Almost Every Sector Declining Volume: Above Average Market Leading Stocks: Performing In Line Equity Investor Angst: Volatility(VIX) 20.4 +9.8% Euro/Yen Carry Return Index 121.97 -.28% Emerging Markets Currency Volatility(VXY) 8.12 unch. S&P 500 Implied Correlation 49.40 +9.1% ISE Sentiment Index ...
Unknown / Between the Hedges   |   Wed, 2 Oct 2019 19:21:00

PM's new Brexit plan: Does the parliamentary maths add up?

The initial response from the EU may not be entirely positive, but there is enough diplomatic leeway in the language to conclude Boris Johnson's proposals have not been entirely written off.
Sky   |   Wed, 2 Oct 2019 19:17:00

Brexit proposals give Northern Ireland unionists a veto - DUP

British Prime Minister Boris Johnson's Northern Ireland allies on Wednesday said they support his new Brexit proposals because they give pro-British unionists an effective veto over any regulatory alignment with the European Union.
Reuters   |   Wed, 2 Oct 2019 18:47:40

EU gives cautious response to UK's 'problematic' Brexit plan

EU27 officials suspect the prime minister's offer is less about getting a deal, and more about positioning for an election.
David M. Herszenhorn, Jacopo Barigazzi, Hans von der Burchard / Politico   |   Wed, 2 Oct 2019 18:40:38

GBP/USD rebounds and stabilizes around 1.2300, ignores Brexit headlines

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FX Street   |   Wed, 2 Oct 2019 18:39:24

UK Brexit Plan Gets Cool Reception In Brussels

Britain's new Brexit plan got a cool reception Wednesday in Brussels, where European officials highlighted problems and their chief negotiator warned it left "a lot of work" to be done. European Commission chief Jean-Claude Juncker used a call with Prime Minister Boris Johnson to share concerns about "problematic points" in ...
IBTimes   |   Wed, 2 Oct 2019 18:37:15

Wary EU welcomes progress in Brexit proposal, says big gaps remain

The European Union on Wednesday welcomed as a step forward Prime Minister Boris Johnson's latest proposals to unlock a Brexit deal before Britain's Oct.31 departure, but made clear big gaps still needed to be bridged to secure an agreement in time.
Reuters   |   Wed, 2 Oct 2019 18:35:16

Johnson should pursue compromise, not conflict

For his career and his country, the UK prime minister needs to secure a Brexit deal
FT   |   Wed, 2 Oct 2019 18:20:10

EU's Verhofstadt says initial reaction to UK proposals 'not positive'

European lawmaker Guy Verhofstadt said his initial reaction to Brexit proposals set out by British Prime Minister Boris Johnson were not positive, and thought they were possibly designed to shift blame on to Brussels if talks fail.
Reuters   |   Wed, 2 Oct 2019 18:19:23

Johnson's Brexit plan: What six key players think

Boris Johnson has faced mixed reaction as he set out new plans to deal with the problem of the border on the island of Ireland and avoid the backstop.
Sky   |   Wed, 2 Oct 2019 18:19:00

NHS preparing for 'worst case scenario' ahead of Brexit day

NHS trusts across the country are continuing to plan for a no-deal Brexit, with many expressing concerns at the timing of when Britain could finally leave the European Union.
Sky   |   Wed, 2 Oct 2019 18:10:00

Boris Johnson Brexit plan 'risks damaging Northern Ireland economy'

Taking Britain out of customs union will harm jobs and growth, say business chiefs Business leaders have told Boris Johnson his Brexit plan risks causing severe damage to the Northern Ireland economy and has ramped up the chance of a no-deal departure. In an angry response to the prime minister's ...
Richard Partington and Rob Davies / Guardian   |   Wed, 2 Oct 2019 18:05:10

FTSE suffers biggest drop since before Brexit vote - live updates

LaToya Harding / Telegraph   |   Wed, 2 Oct 2019 17:59:32

Ireland says UK Brexit proposals do not fully meet agreed objectives

Irish Prime Minister Leo Varadkar on Wednesday told British counterpart Boris Johnson that new proposals on Britain's exit from the European union did not fully meet agreed objectives but said he would study them further and consult with EU partners.
Reuters   |   Wed, 2 Oct 2019 17:48:12

Boris Johnson's big Brexit offer decoded

The British prime minister warns of a historic 'failure of statecraft' if a deal cannot be done.
James Randerson / Politico   |   Wed, 2 Oct 2019 17:41:48

PM Johnson makes final Brexit offer, draws cautious welcome from EU

British Prime Minister Boris Johnson made a final Brexit offer to the European Union on Wednesday, pitching a possible compromise for a last-minute exit deal that was cautiously welcomed by the EU though the two sides still remain far apart.
Reuters   |   Wed, 2 Oct 2019 17:22:59

EU concerned over Boris Johnson's 'problematic' Brexit plan

Ireland says proposals don't meet needs of a backstop while Verhofstadt suggests European Parliament would never accept plan
Jon Stone / The Independent   |   Wed, 2 Oct 2019 17:21:30

Boris Johnson to suspend parliament again next week ahead of Queen's Speech

The move would allow for a Queen's Speech to take place on 14 October
Lizzy Buchan / The Independent   |   Wed, 2 Oct 2019 17:21:00

Johnson speaks to Merkel, Varadkar and Juncker on new Brexit deal

British Prime Minister Boris Johnson spoke on Wednesday to Germany's Angela Merkel, Ireland's Leo Varadkar and Jean-Claude Juncker, president of the European Commission, to discuss his new proposals on Brexit.
Reuters   |   Wed, 2 Oct 2019 17:17:27

Eurosceptics welcome Johnson's Brexit proposals

Labour says prime minister's plan is worse than Theresa May's deal
FT   |   Wed, 2 Oct 2019 17:12:56

EU's Barnier: progress made on Brexit, but a lot of work remains

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FX Street   |   Wed, 2 Oct 2019 17:03:38

UK shares in tailspin as global woes deepen, Brexit angst lingers

London's FTSE 100 index endured its worst day since January 2016 on Wednesday as an overhang from weak U.S. manufacturing data rekindled global growth worries and cast a shadow over markets, while investors scrambled for more clarity as Brexit looms.
Reuters   |   Wed, 2 Oct 2019 16:59:03

Boris Johnson's Brexit plan would create new borders for Northern Ireland

Plan to replace backstop branded 'problematic' by Brussels and 'ludicrous' by opponents of Brexit
Andrew Woodcock / The Independent   |   Wed, 2 Oct 2019 16:58:00

Boris Johnson offers EU Irish backstop alternative in new Brexit offer

Johnson's proposals would see the UK territory of Northern Ireland effectively stay within the EU single market for goods but leave the common Customs Union. The new offer would mean additional checks on goods moving from Great Britain to Northern Ireland, but the UK would not apply further checks on ...
Times of India   |   Wed, 2 Oct 2019 16:45:06

Britain publishes new Brexit proposal

EU Commission chief warns of 'problematic points' in new plan but says some 'positive advances' made.
Al Jazeera   |   Wed, 2 Oct 2019 16:44:53

Boris Johnson news - live: PM to prorogue parliament again amid EU concern over 'problematic points' in new Brexit border plan

Follow all the latest developments
Adam Forrest, Jon Sharman, Lizzy Buchan / The Independent   |   Wed, 2 Oct 2019 16:43:00

Boris Johnson's Brexit plan: what his party conference speech revealed

Boris Johnson's first conference speech as Conservative leader heralds the beginning of yet another crucial month as the British political classes grapple with the latest difficulties and divisions over Brexit. After the bitterness and acrimony that followed parliament's return, the speech was classic Johnson: thin on detail, sometimes improvised, yet ...
Jim Buller, Senior Lecturer, Department of Politics, University of York / The Conversation   |   Wed, 2 Oct 2019 16:39:11

How to understand Boris Johnson's conference speech

The takeaway message from prime minister Boris Johnson's speech at the Conservative Party's autumn conference was: "Let's get Brexit done, and bring this country together." In one form or another, this has been the keynote of the conference all week, so it was no surprise that Johnson's speech comprised a ...
Christopher Fear, Lecturer in Politics and International Relations, University of Hull / The Conversation   |   Wed, 2 Oct 2019 16:37:23

What you need to know about Johnson's new Brexit pitch to EU

Boris Johnson has written to European Commission President Jean-Claude Juncker to set out his new proposals for Britain leaving the bloc.
Sky   |   Wed, 2 Oct 2019 16:36:00

EU says UK Brexit proposal has 'positive advances' but still 'problematic points'

The proposal made on Wednesday by Britain for a deal on its departure from the European Union included "positive advances" but there are still "some problematic points that will need further work in the coming days", the European Commission said.
Reuters   |   Wed, 2 Oct 2019 16:33:34

UK eurosceptic lawmaker welcomes Johnson's Brexit plan, still has some concerns

The head of a group of eurosceptic lawmakers in Prime Minister Boris Johnson's Conservative Party welcomed the government's new Brexit plan on Wednesday but said he still had some concerns around elements of the deal.
Reuters   |   Wed, 2 Oct 2019 16:31:39

Johnson's Brexit plan - what's in it?

The prime minister wants to remove the Brexit backstop and has a new plan to avoid a hard Irish border.
BBC   |   Wed, 2 Oct 2019 16:26:48

Boris Johnson unveils his Brexit plan - as it happened

FT   |   Wed, 2 Oct 2019 16:13:30

EU's Juncker: Welcomed PM Johnson's determination to advance Brexit talks

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FX Street   |   Wed, 2 Oct 2019 15:59:23

Librexits look likely

Microsoft returns to phones with Surface Duo, Ikea's big smart home push
FT   |   Wed, 2 Oct 2019 15:45:33

Distrustful EU to examine Britain's latest Brexit offer

Britain's latest Brexit proposal was bound for a cool reception in the European Union but the bloc stressed it would examine it in detail as both sides seek to sidestep blame over the increasingly intractable divorce.
Reuters   |   Wed, 2 Oct 2019 15:44:53

Boris Johnson's new Brexit plan relies on Northern Ireland signing it off despite ongoing Stormont crisis

UK officials 'absolutely believe' the devolved assembly could be up and running in nine months
Lizzy Buchan / The Independent   |   Wed, 2 Oct 2019 15:43:00

Northern Irish DUP party backs Johnson's new Brexit proposals

The Northern Irish party that supports Prime Minister Boris Johnson in Britain's parliament on Wednesday backed his proposal for a renegotiated Brexit deal, saying it would ensure the province leaves both the EU customs union and single market.
Reuters   |   Wed, 2 Oct 2019 15:39:48

Boris Johnson: U.K. Offering Brexit 'Compromise' to EU

A plan to maintain an open border between the U.K.'s Northern Ireland and EU member Ireland will likely face deep skepticism.
JILL LAWLESS and DANICA KIRKA / The Associated Press / truthdig   |   Wed, 2 Oct 2019 15:23:33

Wednesday afternoon news briefing: Boris Johnson sends Brexit deal proposal to EU after Conservative Party conference speech

Chris Price / Telegraph   |   Wed, 2 Oct 2019 15:21:20

New UK Brexit plan will not get EU support - Labour's Corbyn

The leader of Britain's opposition Labour Party, Jeremy Corybn, said he could not see how new proposals for a Brexit deal announced earlier on Wednesday by Prime Minister Boris Johnson would get support from other European Union governments.
Reuters   |   Wed, 2 Oct 2019 15:20:49

UK Proposes New Brexit Plan To Avoid Customs Checks In Ireland

UK Prime Minister Boris Johnson on Wednesday proposed a new Brexit plan aimed at removing the need for customs checks at the Irish border, calling the EU-backed approach a "bridge to nowhere". Johnson's plan, published by the UK government, says the revised agreement "should make a firm commitment to avoiding ...
IBTimes   |   Wed, 2 Oct 2019 15:14:07

Boris Johnson Turns in Brexit Proposal Promises to Avoid Checks at Irish Border

U.K. Prime Minister Boris Johnson promised his Conservative Party on Wednesday to deliver a Brexit that would "avoid checks at or near the border in Northern Ireland." In his first party conference as U.K. prime minister, Johnson told delegates that a fresh text outlining how Britain and Northern Ireland can ...
Alfonso Esparza / OANDA   |   Wed, 2 Oct 2019 15:10:30

UK ready for intense EU negotiations on Brexit proposal

British Prime Minister Boris Johnson will hold talks with European Union leaders later on Wednesday and is ready for an intense period of negotiations after he set out his new Brexit proposal, his spokesman said on Wednesday.
Reuters   |   Wed, 2 Oct 2019 15:09:42

Boris Johnson charges toward the valley of Death

The mood at the annual Tory conference was buoyant, despite the fierce battles ahead.
Charlie Cooper / Politico   |   Wed, 2 Oct 2019 15:04:53

Strong sales despite Brexit nerves - PAD London fair 2019

Dealers say collectors are moving design pieces from London to continental Europe in case they want to sell in future
FT   |   Wed, 2 Oct 2019 15:04:12

Government publishes Brexit proposals

The PM's plan would see Northern Ireland essentially stay in the single market for goods.
BBC   |   Wed, 2 Oct 2019 14:53:10

Policies you might have missed at the Tory conference

Much of the focus at the Conservative Party conference in Manchester may have been on allegations surrounding Boris Johnson's conduct and the Brexit impasse, but a raft of new policies were also unveiled.
Sky   |   Wed, 2 Oct 2019 14:44:00

PM Johnson's letter to EU's Juncker on new Brexit plan

Britain issued its proposals on Wednesday for how to deal with the Irish border after Brexit, removing the so-called backstop but with measures it said would avoid the need for checks or physical infrastructure.
Reuters   |   Wed, 2 Oct 2019 14:43:17

UK Brexit proposal removes Irish backstop, says avoids Irish border checks

Britain on Wednesday proposed creating an all-island regulatory zone in Ireland to cover all goods and a commitment to avoid border checks or physical infrastructure in a bid to break the Brexit deadlock.
Reuters   |   Wed, 2 Oct 2019 14:35:14

Johnson says 'no checks' at Irish border, rails against Corbyn

In a wide-ranging speech, the prime minister talks up his Brexit ideas and targets opposition leader Jeremy Corbyn.
Al Jazeera   |   Wed, 2 Oct 2019 14:29:43

Factbox: Key points from PM Johnson's Brexit offer

Prime Minister Boris Johnson unveiled what he said would be his final offer to the European Union for an amended Brexit deal, warning that if the proposals are not accepted Britain will leave the bloc at the end of the month without a divorce deal.
Reuters   |   Wed, 2 Oct 2019 14:29:03

How Boris Johnson plans to escape from Brexit quagmire

Proposals focus on vexed issue of the Irish backstop but Dublin may prove hard to convince
FT   |   Wed, 2 Oct 2019 14:25:52

Johnson Releases New Brexit Proposal, Delivers 'Ultimatum' To Europe

Johnson Releases New Brexit Proposal, Delivers 'Ultimatum' To Europe Though most of the details had already leaked out prior to the official release, UK Prime Minister has finally shared his Brexit plan with the public via a letter addressed to European Commission President Jean-Claude Juncker. Johnson's 6-page proposal rips up ...
Tyler Durden / Zero Hedge   |   Wed, 2 Oct 2019 14:24:15

Merkel wants negotiated Brexit, but prepared for no-deal scenario

Germany still wants a negotiated Brexit but is prepared for a no-deal scenario, Chancellor Angela Merkel said on Wednesday.
Reuters   |   Wed, 2 Oct 2019 14:19:01

UK government publishes Brexit proposals

European Commission will examine the UK's offer but hopes of a deal are slim.
Cristina Gallardo, Charlie Cooper / Politico   |   Wed, 2 Oct 2019 14:15:36

Brexit: UK proposal avoids the need for checks or infrastructure on the border

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FX Street   |   Wed, 2 Oct 2019 14:13:14

Boris Johnson's plan to achieve Brexit at the end of the month revealed

The government has released details of prime minister Boris Johnson's proposals for a withdrawal agreement to take the UK out of the EU by the end of the month.
The Independent   |   Wed, 2 Oct 2019 14:01:34

Research shows Boris Johnson hardly ever mentioned the war before Brexit

The UK prime minister, Boris Johnson, is well known for his colourful language but he has come under criticism in recent weeks for using militaristic terms to describe Brexit, which some feel is inciting division. He has said he'd rather "die in a ditch" than extend the Brexit deadline and ...
Victoria Honeyman, Lecturer in British Politics, University of Leeds / The Conversation   |   Wed, 2 Oct 2019 14:00:18

Brexit and climate change - London police plan for big protests this month

London police said on Wednesday they would mobilise thousands of officers to deal with two weeks of planned chaos by climate activists and potential protests over Brexit.
Reuters   |   Wed, 2 Oct 2019 13:57:15

Boris Johnson 'scratches party itch' at Conservative conference

FT's Robert Shrimsley says fate of Brexit will be decided in Brussels
FT   |   Wed, 2 Oct 2019 13:54:04

PM's new Brexit offer calls for backstop to be abolished

Boris Johnson has made a new Brexit offer to Brussels to replace the Irish backstop.
Sky   |   Wed, 2 Oct 2019 13:52:00

Monday's Stock Market Open: Shares Tumble On Economic, Brexit Worries

Investors precious metals Wednesday as worries over the economy and Brexit pressured equities. The Dow Jones Industrial Average opened 175 points lower or 0.68% at 26,391.65 68. The S&P 500 was off 20 points or 0.7% at 29,20.29 and the Nasdaq Composite fell to 7,843.23, down 65 points or 0.83%
IBTimes   |   Wed, 2 Oct 2019 13:45:30

British PM Boris Johnson promises Brexit offer to European Union

British Prime Minister Boris Johnson said he would submit plans for a Brexit agreement to Brussels on Wednesday but again warned that Britain was prepared to leave the European Union later this month without a deal, despite fears it could herald an economic slump.In his closing speech to his Conservative ...
Agence France-Presse / South China Morning Post   |   Wed, 2 Oct 2019 13:44:20

Boris Johnson needs to throw someone under a bus over Brexit

Boris Johnson has set the UK on course for a Brexit showdown.
CNN   |   Wed, 2 Oct 2019 13:37:30

Mum knows best? Boris says mother backs him on Brexit

Times of India   |   Wed, 2 Oct 2019 13:36:36

Irish PM says what he is hearing on UK Brexit proposals not encouraging

Irish Prime Minister Leo Varadkar on Wednesday said that he had not yet received new British proposals on the terms of its departure from the European Union, but that British officials had briefed their Irish counterparts and the details were not encouraging.
Reuters   |   Wed, 2 Oct 2019 13:35:45

Germany and France brace for another Brexit delay

No agreement seems likely before or during the forthcoming Brussels summit
FT   |   Wed, 2 Oct 2019 13:18:07

DUP says if EU rejects UK Brexit offer, we 'enter realm of no deal'

The leader of the Northern Irish party that supports British Prime Minister Boris Johnson's Conservative government on Tuesday said that, if the European Union rejects Britain's latest Brexit proposals, "we will be entering the realms of 'no-deal'".
Reuters   |   Wed, 2 Oct 2019 13:00:15

Johnson: If Brexit talks fail 'no deal' is the alternative

- Man suffered acute psychotic illness triggered by Brexit vote - Analysis: The women of Johnson's past are starting to catch up with him - Video: What you need to know about Brexit
CNN   |   Wed, 2 Oct 2019 12:55:40

PM Johnson, urging compromise, makes final offer to break Brexit deadlock

Prime Minister Boris Johnson urged the European Union on Wednesday to compromise after Britain came up with its final offer to try to secure a Brexit deal, promising he would not be deterred from leaving on Oct. 31.
Reuters   |   Wed, 2 Oct 2019 12:42:07

The Future of Brexit, Britain and Boris

Invitation Only Research Event 17 October 2019 - 8:30am to 9:30amAdd to Calendar iCalendar Outlook Google Yahoo Chatham House | 10 St James's Square | London | SW1Y 4LE Philip Rycroft, Permanent Secretary, Department for Exiting the EU (2017-19)Chair: Tom Raines, Head, Europe Programme, Chatham House Once again, Brexit is ...
Anonymous / Chatham House   |   Wed, 2 Oct 2019 12:15:01

Labour: PM Johnson is cynically forcing through no-deal Brexit

Britain's main opposition Labour Party dismissed Brexit proposals reportedly being considered by Conservative Prime Minister Boris Johnson as neither credible nor workable.
Reuters   |   Wed, 2 Oct 2019 12:08:19

Boris Johnson gives glimpse into the Government he wants after Brexit

Unions said Tory claim to be 'party of the NHS' would make staff and patients' blood boil
Andrew Woodcock / The Independent   |   Wed, 2 Oct 2019 12:03:00

French government awaiting 'substantial modifications' on Brexit

France is waiting for substantial modifications from Britain regarding its Brexit proposals, said government spokeswoman Sibeth Ndiaye.
Reuters   |   Wed, 2 Oct 2019 12:00:51

Johnson vows 'no checks' at Irish border after Brexit

UK prime minister tells Tory conference his offer to Brussels is 'constructive'
FT   |   Wed, 2 Oct 2019 11:56:20

Prime Minister Johnson's speech to Conservative conference

British Prime Minister Boris Johnson delivered a speech to a conference of his Conservative Party on Wednesday, outlining the priorities for his administration ahead of Brexit.
Reuters   |   Wed, 2 Oct 2019 11:51:02

Boris Johnson: No-deal only alternative to Brexit plan

Addressing his party conference in Manchester, the PM says his offer to the EU offers compromise on both sides.
BBC   |   Wed, 2 Oct 2019 11:44:37

Tory Activist Scheduled Tweets Imploring Party to End Bullying Before Tragic Death

A prominent and well-loved Tory activist from the North East, who tragically died at the weekend, left scheduled Tweets before her death that have just been sent out, calling on the Tory Party to root out institutional bullying, harassment and intimidation. Jade Smith - a keen Brexiteer, who appeared on ...
Christian Calgie / Guy Fawkes' blog   |   Wed, 2 Oct 2019 11:37:11

'Ace up my sleeve' - PM Johnson reveals his mother voted to quit the EU

Prime Minister Boris Johnson revealed on Wednesday what he described as his "ace up my sleeve" - that his mother voted to leave the European Union at a referendum, trying to make light of the divisions in his family over Brexit.
Reuters   |   Wed, 2 Oct 2019 11:36:07

Factbox: What detail did PM Johnson give about his grand Brexit bargain?

British Prime Minister Boris Johnson on Wednesday unveiled some proposals for an amended Brexit agreement with the European Union.
Reuters   |   Wed, 2 Oct 2019 11:35:34

European update - PMI, economy, Brexit, gold, oil

Markets lower on renewed growth fears Sentiment is fragile after a series of weak PMI readings this week, with the US ISM number particularly shocking investors and sending stock markets tumbling. Source - Thomson Reuters Eikon Naturally, Trump was quick to point the finger of blame at the Fed and ...
Craig Erlam / OANDA   |   Wed, 2 Oct 2019 11:12:16