Brexit News Archive: 08 Oct 2019

Global Stocks Mostly Down On Trade War, Brexit Worries

European and US stocks took a beating Tuesday on dimming hopes for a US-China trade accord and as talks between Britain and Europe over Brexit teetered on the brink of collapse. US markets were in the red the entire session after the Commerce Department late Monday announced new restrictions on ...
IBTimes   |   Tue, 8 Oct 2019 21:25:09

Stocks fall as trade tensions rise further; Brexit battle hurts pound

Stocks fell on Tuesday as U.S.-China tensions rose further ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Reuters   |   Tue, 8 Oct 2019 21:15:17

Will Britain run out of toilet paper after no-deal Brexit? MPs seek answers

British lawmakers have asked the government to give guarantees that supplies of toilet paper do not dry up in the event of a no-deal Brexit.The country is due to leave the European Union on October 31, and with three weeks to go there is still no deal to smooth over ...
Agence France-Presse / South China Morning Post   |   Tue, 8 Oct 2019 20:55:57

Very difficult to secure Brexit deal by next week - Irish PM

It will be very difficult to secure a Brexit agreement by next week with big gaps remaining in the British position, Irish Prime Minister Leo Varadkar said on Tuesday following a phone call with his British counterpart, Boris Johnson.
Reuters   |   Tue, 8 Oct 2019 20:46:20

Juncker: No-deal Brexit will lead to 'decline' of the UK

Commission president says he believes blame lies with UK, not EU.
Paul Dallison / Politico   |   Tue, 8 Oct 2019 20:16:05

EP president: Johnson's Brexit plans cast doubt on willingness to get a deal

'I came here in the confident hope of hearing proposals that could take negotiations forward. However, I must note that there has been no progress.'
Maïa de La Baume / Politico   |   Tue, 8 Oct 2019 20:12:31

Brexit deal further off than ever as blame game intensifies

After a wild day of rhetoric and recriminations, thin hopes for a Brext deal persist.
David M. Herszenhorn / Politico   |   Tue, 8 Oct 2019 20:11:30

US-China trade tensions and Brexit rattle markets

Markets have been gripped by renewed volatility as fears over the US-China trade war as well as Brexit rattled investors.
Sky   |   Tue, 8 Oct 2019 20:07:00

How Brexit can change trade negotiations between India and UK

For India, and several other countries, negotiating trade deals with UK-distinct from EU-might imply greater negotiating flexibility and better prospects of meaningful outcomes.
Amitendu Palit / Financial Express   |   Tue, 8 Oct 2019 20:06:17

You win by convincing the next generation of leaders

The UK government is about to appoint a new Governor of the Bank of England, as Mark Carney's term is expiring. Oddsmakers have made Gerard Lyons the even money favorite to be picked, partly because he's the only candidate who supported Brexit and partly because he's known and liked by ...
ssumner / Money Illusion   |   Tue, 8 Oct 2019 19:47:09

U.K. calls chances of Brexit deal slim as EU chides 'blame game'

Britain and the European Union traded ill-tempered barbs Tuesday as the U.K. said a Brexit deal might be impossible, while insisting it was still working ...
No Author / Japan Times   |   Tue, 8 Oct 2019 19:40:50

PM Johnson told EU Parliament's Sassoli UK wants a Brexit deal - Downing Street

British prime minister Boris Johnson told the European Parliament's president, David Sassoli, he wanted to leave the European Union with a deal, a Downing Street spokesperson said after they held talks in London.
Reuters   |   Tue, 8 Oct 2019 19:40:13

No impasse in Brexit talks, but gaps remain - Coveney

Ireland's foreign minister said on Tuesday there was still hope for a deal with Britain to smooth its exit from the European Union but more work needed to be done on customs arrangements to avoid a hard border on the island of Ireland.
Reuters   |   Tue, 8 Oct 2019 19:30:11

Brexit: Deal essentially impossible, No 10 source says after PM-Merkel call

The source says Germany's Angela Merkel was highly pessimistic in a call with Boris Johnson, but the EU's top official hits back.
BBC   |   Tue, 8 Oct 2019 19:22:16

US Economy Likely To Keep Growing: Fed's Powell

The American economy should continue its expansion, with strong jobs markets but with price pressures in check and inflation approaching the central bank's target, Federal Reserve Chairman Jerome Powell said Tuesday. However, US job creation has slowed while a weakening global economy, trade wars and Brexit uncertainty are risks to ...
IBTimes   |   Tue, 8 Oct 2019 18:58:34

Brexit: Base case remains another extension followed by a snap election - Danske Bank

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FX Street   |   Tue, 8 Oct 2019 18:52:08

John Bercow is bowing out -- and he's got some parting shots for Brexit critics

Speaker John Bercow is bowing out of the UK Parliament -- and he's leaving with a a volley of parting shots for his many critics.
CNN   |   Tue, 8 Oct 2019 18:36:08

EU parliament head says 'no progress' in Brexit talks

European Parliament head David Sassoli said on Tuesday after meeting British Prime Minister Boris Johnson that "there has been no progress" in Brexit talks.
Reuters   |   Tue, 8 Oct 2019 18:23:34

IMF boss Kristalina Georgieva warns of 'painful' Brexit

Brexit will add to world economic woes, IMF managing director Kristalina Georgieva says.
BBC   |   Tue, 8 Oct 2019 18:13:06

What happens next with Brexit will make or break the UK economy

CNN   |   Tue, 8 Oct 2019 18:12:56

Johnson urges Varadkar to keep Brexit talks alive

Bid to cool tempers as hopes for deal with EU fade amid blame and acrimony
FT   |   Tue, 8 Oct 2019 18:04:25

No-deal Brexit could be a 'catastrophe', EU's Sassoli warns PM

The president of the European Parliament has told Sky News that a no-deal Brexit could be a and Boris Johnson needs to "feel this as the clock ticks towards the deadline for Britain's EU exit.
Sky   |   Tue, 8 Oct 2019 17:59:00

EU's Sassoli: Only two options left for Brexit, "an extension or no-deal"

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FX Street   |   Tue, 8 Oct 2019 17:49:07

Stocks fall on trade angst; Brexit battle hurts pound

Oil prices and stocks across major markets fell on Tuesday as tensions rose between China and the United States ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Reuters   |   Tue, 8 Oct 2019 17:42:30

Portugal's Lesson for the Global Left

As Trump rages and Brexit looms, Lisbon offers a blueprint to beat back the rising tide of fascism across the West.
Natasha Hakimi Zapata / truthdig   |   Tue, 8 Oct 2019 17:31:23

Britain's Brexit Talks With EU On Verge Of Collapse

Brexit talks between Britain and the European Union teetered on the verge of collapse on Tuesday, with tit-for-tat claims of intransigence and sabotage before an end-October deadline.
IBTimes   |   Tue, 8 Oct 2019 17:30:30

Johnson's Brexit blame game is a dangerous step

The government is stirring up public anger against UK institutions and the EU
FT   |   Tue, 8 Oct 2019 17:26:25

PM Johnson, Ireland's Varadkar want Brexit deal - Downing Street

British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar reiterated their desire for a Brexit deal in a phone conversation on Tuesday, a Downing Street spokesperson said.
Reuters   |   Tue, 8 Oct 2019 17:11:53

Brussels plays for time as UK goes on the attack

EU wants to avoid responsibility for collapsing Brexit talks ahead of critical summit
FT   |   Tue, 8 Oct 2019 17:03:40

Boris Johnson news - live: Tusk accuses PM of 'stupid blame game', after disastrous Merkel call leaves Brexit talks on brink of collapse

Follow all the latest developments
Adam Forrest, Benjamin Kentish / The Independent   |   Tue, 8 Oct 2019 17:03:00

Pound slumps against euro and dollar as Brexit chaos bites

Sterling falls to lowest level in more than a month in sign that fears for economy are growing The pound has slumped to its lowest level in more than a month, as hopes fade that a Brexit deal will be struck. With weeks left before the 31 October Brexit deadline, ...
Richard Partington Economics correspondent / Guardian   |   Tue, 8 Oct 2019 17:01:19

Fresh Brexit legal drama as EU blasts Boris 'blame game'

Ruling likely to be delayed as campaigners warn of constitutional crisis.
Al Jazeera   |   Tue, 8 Oct 2019 16:33:32

Britain's Brexit Talks With EU Teeter On Verge Of Collapse

Brexit talks between Britain and the European Union teetered on the verge of collapse on Tuesday, with tit-for-tat claims of intransigence and sabotage before an end-of-the-month deadline. Prime Minister Boris Johnson spoke to German Chancellor Angela Merkel as he tried to salvage new divorce terms he had proposed ahead of ...
IBTimes   |   Tue, 8 Oct 2019 16:24:14

European stocks drop on trade, Brexit anxiety; Qiagen tumbles 21%

European shares fell on Tuesday as an escalation in U.S.-China trade tensions and Brexit worries along with disappointing corporate news dented sentiment.
Reuters   |   Tue, 8 Oct 2019 16:19:37

Expectations for Europe's third quarter earnings season deteriorate again

Expectations for the third-quarter earnings season of European companies continue to worsen as uncertainties about Brexit, the trade policy of the Trump administration or a possible technical recession in Germany bite, data showed on Tuesday.
Reuters   |   Tue, 8 Oct 2019 16:18:12

UK shares succumb to Brexit fears; LSE drops as Hong Kong nixes bid

UK-focused stocks from Tesco to housebuilders sank on Tuesday as worries over a no-deal Brexit peaked after a Downing Street source said a divorce deal was essentially impossible, while LSE dropped after the Hong Kong bourse dropped its takeover bid.
Reuters   |   Tue, 8 Oct 2019 16:17:45

What happens next with Brexit could make or break the UK economy

The chances of Britain leaving the European Union with a deal on October 31 are fading fast. That's likely to leave the country facing a general election which could lead to a 'no deal' Brexit or a new coalition government led by leftwinger Jeremy Corbyn that would give voters the ...
CNN   |   Tue, 8 Oct 2019 16:08:22

UK expects to use 'huge opportunities' to expand India-UK relations post Brexit: Lord Tariq Ahmad

Times of India   |   Tue, 8 Oct 2019 15:54:32

Recruitment firms warn Brexit and China trade war will hit profits

PageGroup and Robert Walters also point to uncertainty created by Hong Kong protests Two of Britain's biggest recruitment companies have warned that uncertainty created by Brexit, protests in Hong Kong and the US-China trade dispute will hit their profits this year. PageGroup, the UK's second-largest recruiter, said rising fears about ...
Sean Farrell / Guardian   |   Tue, 8 Oct 2019 15:53:53

Jobs market fears mount as recruiters warn on Brexit uncertainty

The undisputed strength of the UK economy since the financial crisis has been the jobs market.
Sky   |   Tue, 8 Oct 2019 15:52:00

Public Believe UK Should Leave EU With No Deal

A new ComRes poll has found that more people think the UK should leave the EU without a deal on 31 October if the EU doesn't agree to Boris Johnson's deal. 42% of Brits agree with the statement "If the EU doesn't agree to Boris Johnson's proposals for a Brexit ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 8 Oct 2019 15:33:35

Brexit talks are continuing for one reason only - and it's not to get a deal

During busy times at Heathrow, you get congestion in the sky.
Sky   |   Tue, 8 Oct 2019 15:31:00

Stocks fall on trade angst; Brexit battle tackles pound

Oil prices and stocks across major markets fell on Tuesday as tension rose between China and the United States ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Reuters   |   Tue, 8 Oct 2019 15:30:09

Ireland sets aside €1.2bn to battle effects of no-deal Brexit

Special aid for 'vulnerable but viable' companies, agriculture and tourism
FT   |   Tue, 8 Oct 2019 15:26:48

Tuesday afternoon news briefing: Brexit deal is 'essentially impossible' says Downing Street after call between Boris Johnson and Angela Merkel

Chris Price / Telegraph   |   Tue, 8 Oct 2019 15:24:37

Brexit is a journey without end

No majority exists for any deal option with the EU. Brexiters are as much to blame as Remainers
FT   |   Tue, 8 Oct 2019 15:04:02

Global stocks slide as US-China and Brexit woes weigh on markets

FT   |   Tue, 8 Oct 2019 15:01:05

Ireland to spend more than €1B on no-deal Brexit planning

UK's departure from the EU without an agreement 'central assumption' of Dublin's 2020 budget, finance minister says.
Emilio Casalicchio / Politico   |   Tue, 8 Oct 2019 14:58:18

This was always a Blackadder Goes Forth Brexit - and now we prepare to go over the top

Johnson, Gove, Cummings: these are names that will be reviled for all time
Tom Peck / The Independent   |   Tue, 8 Oct 2019 14:45:33

Brexit wrecks it

European recruiters' earnings are linked to the economic cycle but the Brexit downturn has its own characteristics
FT   |   Tue, 8 Oct 2019 14:38:03

British 'take it or leave it' approach amounts to no deal, Ireland says

If the British government's approach is that the fresh Brexit proposals it made last week were presented on a take-it-or-leave-it basis, it must know that will not result in a deal, Ireland's foreign minister said on Tuesday.
Reuters   |   Tue, 8 Oct 2019 14:29:05

Breaking: GBP/USD plunges below 1.22 as Brexit talks about to collapse - levels

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FX Street   |   Tue, 8 Oct 2019 14:18:39

Brexit group Leave.EU condemned for 'xenophobic' tweet about Angela Merkel

The picture of Ms Merkel carried the caption, 'We didn't win two world wars to be pushed around by a Kraut'
Lizzy Buchan / The Independent   |   Tue, 8 Oct 2019 14:16:00

Poland's new post-Brexit BFF: Germany

With the UK on the way out, Poland is leveraging its economic power into a closer alliance with Berlin.
Wojciech Przybylski / Politico   |   Tue, 8 Oct 2019 14:15:06

Irish foreign minister to meet Barnier for Brexit update

Irish Foreign Minister Simon Coveney will meet the European Union's Brexit negotiator Michel Barnier later on Tuesday for an update on the ongoing negotiations in Brussels and believes a deal is still possible but not at any cost.
Reuters   |   Tue, 8 Oct 2019 14:08:07

Ireland's Coveney: Irish Govt and EU are working flat out for an orderly Brexit

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FX Street   |   Tue, 8 Oct 2019 14:01:59

UK's Gove: EU must engage seriously to get a Brexit deal

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FX Street   |   Tue, 8 Oct 2019 13:53:08

Sterling Sinks As Merkel Downbeat On Brexit Deal Outlook

The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal was unlikely", further stoking fears of a disorderly and costly departure from the EU. Merkel told British Prime Minister Boris Johnson that a deal was doomed to fail unless London agreed to keep British-run ...
IBTimes   |   Tue, 8 Oct 2019 13:36:36

Ireland Budgets 1.2 Bn Euros For 'No-deal' Brexit

Ireland's 2020 budget includes a 1.2-billion-euro relief fund to cushion the economic blow of Britain leaving the European Union without a negotiated agreement, finance minister Paschal Donohoe said Tuesday. "This is a budget that has been developed in the shadow of Brexit", Donohoe told parliament. "The context for Brexit has ...
IBTimes   |   Tue, 8 Oct 2019 13:31:43

Johnson sending 'contradictory messages' on Brexit, court told

Scottish petition asks judges to agree to send delay letter to EU if prime minister refuses
FT   |   Tue, 8 Oct 2019 13:29:50

EU must move to get a Brexit deal - UK no-deal minister Gove

Britain still wants to leave the European Union with a deal but the bloc must move its position as London has, Michael Gove, the minister for no-deal planning, said on Tuesday.
Reuters   |   Tue, 8 Oct 2019 13:29:40

EU slams Britain for playing ‘stupid blame game’ as Boris Johnson fails to bridge Brexit impasse

The European Union on Tuesday accused Britain of playing a “stupid blame game” over Brexit after a Downing St source said a deal was “essentially impossible” because German Chancellor Angela Merkel had made unacceptable demands.With just 23 days before Britain is due to leave the bloc, the future of Brexit ...
Reuters / South China Morning Post   |   Tue, 8 Oct 2019 13:25:56

Britain says Brexit talks at critical point, movement needed from EU

Britain has "moved a long way" in negotiations on a deal for its departure from the European Union, with talks now at a critical point and for the other 27 member states of the bloc to give ground, a British spokesman in Brussels said on Tuesday.
Reuters   |   Tue, 8 Oct 2019 13:10:48

Boris Johnson unleashes a Brexit blame game

PM's fraught phone call with German chancellor suggests UK is heading for a general election
FT   |   Tue, 8 Oct 2019 13:04:38

Ireland prepares for the worst with no-deal Brexit budget

Ireland presented a no-deal Brexit budget for 2020 on Tuesday, pledging a 1.2 billion euro package to keep firms afloat by allowing the state's finances to return to deficit if Britain leaves the European Union without a transition period.
Reuters   |   Tue, 8 Oct 2019 13:01:33

Ireland sets aside 1.2 billion euro for no deal Brexit package

Ireland's finance minister said on Tuesday the government will run a budget deficit of 0.6% of gross domestic product next year if Britain crashes out of the European Union without a deal, to fund a 1.2 billion euro package for affected firms.
Reuters   |   Tue, 8 Oct 2019 12:59:01

Trade angst, Brexit battle rattle European stocks, bond yields dip

European stocks sank and major bond yields nudged lower on Tuesday as concerns over China-U.S. trade talks, disappointing European company news and escalating tensions between London and Brussels sparked a flight to safety.
Reuters   |   Tue, 8 Oct 2019 12:57:01

Angela Merkel warns UK Brexit deal 'unlikely' without compromise: London

In a phone call, Merkel warned the British leader that a deal was unlikely" unless he dropped his opposition to keeping British-run Northern Ireland in the European Union's customs union.
AFP / Financial Express   |   Tue, 8 Oct 2019 12:55:31

EU tells British PM Johnson to stop playing 'stupid' Brexit blame game

LONDON/BRUSSELS (Reuters) - The European Union accused Britain of playing a "stupid blame game" over Brexit on Tuesday after a Downing Street source said a deal was essentially impossible because German Chancellor Angela Merkel had...
sellputs / Hedge Accordingly   |   Tue, 8 Oct 2019 12:52:05

The Brexit blame game begins

Downing Street issues its interpretation of what Angela Merkel told Boris Johnson
FT   |   Tue, 8 Oct 2019 12:50:26

Top Analyst Upgrades and Downgrades: Apollo, BlackRock, Cloudflare, Green Plains, Microsoft, Oracle, Target, TJX and More

Stocks were indicated to open lower on Tuesday with more concerns over Brexit and concerns that trade talks with China will not yield very much. The bull market is well over 10 years old, and... ADM ANDE APO BLK CG GPRE HAS KSS MSFT NAT NKTR ORCL PBYI PSX STSA ...
Jon C. Ogg / 24/7 Wall St.   |   Tue, 8 Oct 2019 12:50:02

GBP/USD technical analysis: Cable tumbles towards 1.2200 handle on Brexit uncertainties

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FX Street   |   Tue, 8 Oct 2019 12:47:00

The Port of Antwerp readies for a 'hard Brexit'

euronews   |   Tue, 8 Oct 2019 12:33:10

Brexit Deal Is 'Essentially Impossible'

A source close to British Prime Minister Boris Johnson told the BBC that a Brexit deal is "essentially impossible" after a call between Johnson and German Chancellor Angela Merkel. Johnson spoke to the German leader about the proposals he put forward to the EU, but the source said she made ...
Taegan Goddard / Taegan Goddard   |   Tue, 8 Oct 2019 12:33:03

Ireland's Donohoe: We will meet challenge of a no deal Brexit from a position of strength

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FX Street   |   Tue, 8 Oct 2019 12:27:41

Donald Tusk accuses Boris Johnson of playing 'some stupid blame game'

With the deadline for the UK's departure from the European Union looming and no deal yet agreed, the European Council President gave an indication of how strained things are behind the scenes by publicly accusing UK Prime Minister Boris Johnson of playing games.
CNN   |   Tue, 8 Oct 2019 12:26:34

Brexit: UK at greater risk of terrorism and organised crime if it leaves EU with no deal, government admits

Attempts to reach new security agreements with EU 'cannot fully compensate', document concedes - resulting in 'loss of capability'
Rob Merrick / The Independent   |   Tue, 8 Oct 2019 12:06:00

UK productivity falls at fastest pace in five years as Brexit dents investment

Boris Johnson claims issue is a priority but Labour says figures are a 'damning indictment' The productivity of British workers fell at the fastest pace for five years in the second quarter of 2019, amid mounting concerns over the impact of Brexit uncertainty on the economy. The Office for National ...
Richard Partington Economics correspondent / Guardian   |   Tue, 8 Oct 2019 12:02:50

Britain's Brexit Talks With EU Appear On Verge Of Collapse

Brexit talks between Britain and the European Union appeared to be on the verge of collapse on Tuesday, with Brussels accusing London of intransigence and threatening the bloc's future. Prime Minister Boris Johnson spoke to German Chancellor Angela Merkel, who said a deal was unlikely" without compromise by the UK, ...
IBTimes   |   Tue, 8 Oct 2019 11:58:48

UK has not seen compromise from EU so far - PM Johnson's spokesman

Britain has not seen compromise from the European Union so far in Brexit talks, Prime Minister Boris Johnson's spokesman said on Tuesday, calling on the bloc to be flexible to reach an exit deal.
Reuters   |   Tue, 8 Oct 2019 11:58:24

Predictable Chaos: Europe Braces for the Effects of Brexit

Hopes for a last minute deal between Britain and the EU are fading and both sides are now preparing for the consequences of an unregulated Brexit, including higher customs duties, long delays and greater uncertainties. There will be plenty of losers, but also some beneficiaries. By DER SPIEGEL Staff
Spiegel   |   Tue, 8 Oct 2019 11:53:00

Businesses would have to spend £15bn a year on filling out customs forms if there is no-deal Brexit, HMRC document says

Assessment finds leaving EU without a deal will result in 'significant new and ongoing administrative burden' of firms filling out 215 million customs forms a year
Benjamin Kentish / The Independent   |   Tue, 8 Oct 2019 11:50:00

'Everything Is Out of Control': What Awaits Britons Abroad After Brexit

Roughly 1.2 million Britons live abroad in the European Union and Brexit is making their lives more expensive and more complicated. For some, it has endangered their livelihoods. Five people talk to DER SPIEGEL about their experiences.
Spiegel   |   Tue, 8 Oct 2019 11:44:49

Ireland remains open to a 'fair' Brexit deal - Coveney

Ireland's foreign minister said on Tuesday European Council President Donald Tusk was reflecting EU-wide frustration when he accused Britain of playing a "stupid blame game" over Brexit.
Reuters   |   Tue, 8 Oct 2019 11:44:37

UK PM Johnson's spokesman: Brexit talks are obviously at a critical point

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FX Street   |   Tue, 8 Oct 2019 11:44:26

Brexit: Cabinet minister disowns 'unacceptable' threat to withdraw security cooperation with Ireland

As tensions escalate with Brussels, Julian Smith expresses alarm at anonymous Downing Street memo
Lizzy Buchan / The Independent   |   Tue, 8 Oct 2019 11:40:32

Ireland's Coveney: Need a UK government willing to work with EU to get Brexit done

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FX Street   |   Tue, 8 Oct 2019 11:37:45

One in 20 people has fallen out with family member over Brexit, poll reveals

Younger voters and people in London more likely to have rowed over EU withdrawal, survey suggests
Andrew Woodcock / The Independent   |   Tue, 8 Oct 2019 11:34:00

Boris Johnson's push for general election in danger of backfiring, new study indicates

'Almost half the electorate are now floating voters'
Ashley Cowburn / The Independent   |   Tue, 8 Oct 2019 11:31:00

10 things you need to know before the opening bell

Here is what you need to know. 1. The pound is tanking after Boris Johnson's Brexit talks with Angela Merkel reportedly hit a dead end. The pound dropped 0.7% against the euro on Tuesday morning. 2. Stocks are dropping after China hints at retaliation after the US blacklisted Chinese tech ...
Yusuf Khan / Money Game   |   Tue, 8 Oct 2019 11:24:39

EU tells British PM Johnson to stop playing 'stupid' Brexit blame game

The European Union accused Britain of playing a "stupid blame game" over Brexit on Tuesday after a Downing Street source said a deal was essentially impossible because German Chancellor Angela Merkel had made unacceptable demands.
Reuters   |   Tue, 8 Oct 2019 11:19:03

Sterling Sinks On Brexit Impasse

The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal was unlikely," stoking fears of a disorderly and costly departure from the EU. Merkel told British Prime Minister Boris Johnson that a deal was doomed to fail unless London agreed to keep British-run Northern ...
IBTimes   |   Tue, 8 Oct 2019 11:17:59

UK publishes update to no-deal Brexit plans, seeking to reassure businesses and voters

Britain sought on Tuesday to ease concerns about leaving the European Union without a deal, publishing a raft of contingency plans which included a new advice service to help suppliers of medical goods.
Reuters   |   Tue, 8 Oct 2019 11:15:18

The pound is tanking on UK reports that a Brexit deal is 'impossible'

The pound tanked 0.7% against the euro on Tuesday morning, after reports that Boris Johnson's Brexit talks with Angela Merkel hit a dead end. British media outlets are reporting, citing a source close to the prime minister, that "the call with Merkel showed the EU has adopted a new position. ...
Yusuf Khan / Business Insider   |   Tue, 8 Oct 2019 11:07:02

Brexit News Archive: 08 Oct 2019     |     enquire