Brexit News Archive: 10 Oct 2019

Stocks rise with eyes on trade talks; pound rallies

Stocks rose on Thursday after U.S. President Donald Trump said he would meet with China's top trade negotiator on Friday, while the British pound rallied after the prime ministers of Britain and Ireland revived hopes of a possible Brexit deal.
Reuters   |   Thu, 10 Oct 2019 21:42:07

EU nationals could be deported if they don’t apply to stay after Brexit, British security minister Brandon Lewis warns

Britain’s security minister Brandon Lewis has threatened EU citizens with deportation from the UK if they do not apply for settled status after Brexit.Home Office figures show a million of the estimated 3 million EU citizens in the country have yet to apply for settled status, which will allow them ...
The Guardian / South China Morning Post   |   Thu, 10 Oct 2019 20:54:28

Equity Markets Jump As Trump Hints At Trade Progress

Global stocks mostly rose Thursday on hopes for progress in the US-China trade dispute, while the British pound jumped on optimism of a breakthrough in Brexit talks. Markets rallied following US President Donald Trump's tweet announcing a planned meeting Friday with Vice Premier Liu He, raising hopes about prospects for ...
IBTimes   |   Thu, 10 Oct 2019 20:51:19

Hopes rise for Brexit breakthrough

British and Irish leaders Boris Johnson and Leo Varadkar raised hopes of a breakthrough in the deadlocked Brexit process Thursday, saying they saw a "pathway" to a deal.
CNN   |   Thu, 10 Oct 2019 20:07:15

Thursday's Stock Market Close: Traders Buoyed By China Trade Talks Hopes

U.S. traders took heart Thursday in the resumption of trade talks between the U.S. and China and word of a possible "pathway to a deal" ahead of the United Kingdom's Brexit deadline. The Dow Jones Industrial Average soared 152 points to 26,498 while the Nasdaq Composite added 47 points to ...
IBTimes   |   Thu, 10 Oct 2019 20:07:09

Forex Today: hopes on Brexit and the trade war front

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FX Street   |   Thu, 10 Oct 2019 20:06:19

Pound Rallies On Report Johnson And Varadkar Nearing Brexit Deal

Pound Rallies On Report Johnson And Varadkar Nearing Brexit Deal So much for that ultimatum. In an effort to win a deal with the EU27 that might have a chance of making it through the House of Commons (where Theresa May's hated withdrawal agreement was defeated three times), Prime Minister ...
Tyler Durden / Zero Hedge   |   Thu, 10 Oct 2019 19:55:00

EUR/GBP tumbles from above 0.9000 toward 0.8800 as Pound soars on Brexit deal hopes

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FX Street   |   Thu, 10 Oct 2019 19:51:51

National Grid warns on gas supply in no-deal Brexit

UK could turn to LNG market to top up supplies, but there would be no price certainty
FT   |   Thu, 10 Oct 2019 19:50:31

UK proposes 'pared-down' free trade agreement to end Brexit stalemate - Sky news

The UK is proposing a free trade agreement to make a deal done by the end of October, Sky news reported on Thursday, citing sources.
Reuters   |   Thu, 10 Oct 2019 19:40:28

Boris Johnson and Irish PM Leo Varadkar see to Brexit deal after ‘very positive’ meeting

A Brexit deal could be clinched by the end of October to allow Britain to leave the European Union in an orderly fashion, Irish Prime Minister Leo Varadkar said after what he called a very positive meeting with his British counterpart Boris Johnson.With just three weeks to go before Britain ...
Reuters / South China Morning Post   |   Thu, 10 Oct 2019 19:28:59

Countdown To Brexit: 'Pathway To Deal' Possible, Boris Johnson, Leo Varadkar Say

British Prime Minister Boris Johnson and Irish Taoiseach Leo Varadkar said Thursday they see a "pathway to a possible deal" following three hours of private talks ahead of the Oct. 31 deadline for the United Kingdom to leave the European Union. Johnson hosted Varadkar at a country house in northwest ...
IBTimes   |   Thu, 10 Oct 2019 19:27:37

Pound surges as UK-Irish talks reveal 'pathway' to Brexit deal

The pound has risen sharply after Britain and Ireland issued a joint statement saying they "could see a pathway" to a possible Brexit deal.
Sky   |   Thu, 10 Oct 2019 19:25:00

Brexit: Britain is proposing a "pared-down free trade agreement" to end the Brexit stalemate - Sky News

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FX Street   |   Thu, 10 Oct 2019 19:23:13

GBP/USD: Bulls rallied around 2% on Brexit breakthrough hopes

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FX Street   |   Thu, 10 Oct 2019 19:07:19

Irish foreign minister says there is Brexit optimism but 'not there yet'

Ireland's foreign minister Simon Coveney said there was cause for optimism after positive Brexit talks between British Prime Minister Boris Johnson and his Irish counterpart but said there was still some way to go before they had got an agreement.
Reuters   |   Thu, 10 Oct 2019 18:54:37

Frisson of excitement at possible Brexit turning point

Boris Johnson and Leo Varadkar hint that something big is about to happen
FT   |   Thu, 10 Oct 2019 18:43:26

Ireland's Coveney on Brexit: Mark my words, we are not there yet

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FX Street   |   Thu, 10 Oct 2019 18:39:57

British pound eyes best day in seven months on Brexit hopes

FT   |   Thu, 10 Oct 2019 18:39:14

No-deal Brexit threatens Nissan's future in Europe: chief

The head of Nissan in Europe warned Thursday that a chaotic no-deal Brexit would threaten the Japanese car giant's future in the region - and ...
No Author / Japan Times   |   Thu, 10 Oct 2019 18:30:12

GBP/JPY extends rally above 134.00 on Brexit hopes, attention turns to September highs

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FX Street   |   Thu, 10 Oct 2019 18:20:51

UK negotiators propose free trade agreement to end Brexit stalemate

Britain is proposing a "pared-down free trade agreement" to end the Brexit stalemate and get a deal done by the end of October, according to well-placed sources in Brussels.
Sky   |   Thu, 10 Oct 2019 18:20:00

Boris Johnson news: Leo Varadkar says Brexit deal is 'possible' by end of October after crunch talks with PM

Follow how the day in Westminster unfolded
Adam Forrest, Ashley Cowburn, Samuel Osborne, Lizzy Buchan / The Independent   |   Thu, 10 Oct 2019 17:50:00

Ireland PM Leo Varadkar says Brexit deal 'still possible'

Taoiseach Leo Varadkar has struck a more positive tone than other European leaders, but warned more work was needed.
Al Jazeera   |   Thu, 10 Oct 2019 17:36:51

UK Brexit planning minister Gove delighted by Johnson, Varadkar talks

Michael Gove, the British minister in charge of the government's preparations for Brexit, said talks between Prime Minister Boris Johnson and his Irish counterpart on Thursday had been constructive and he was delighted they had reported progress.
Reuters   |   Thu, 10 Oct 2019 17:27:47

EU citizens in Britain face deportation if they don't apply to stay after Brexit, says minister

European Union citizens living in the UK could be deported if they do not apply for settled status after a no-deal Brexit, a British government minister has warned.
CNN   |   Thu, 10 Oct 2019 17:23:47

GBP/USD technical analysis: Cable gaining 200 pips on the day, challenging 1.2400 handle on Brexit hopes

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FX Street   |   Thu, 10 Oct 2019 17:17:50

Britain will have 'enough gas for first winter outside EU'

Despite assurances on supply, National Grid warns of steep price hikes in UK electricity Britain will be able to keep its lights on and homes warm through the winter even if imports of European electricity and gas come to a halt, according to National Grid. The energy system operator said ...
Jillian Ambrose Energy correspondent / Guardian   |   Thu, 10 Oct 2019 16:53:43

The EU Looks Ready for a Halloween Brexit

Since the formation of a new government led by Prime Minister Boris Johnson in Westminster, the likelihood of a no-deal exit of the United Kingdom from the EU on 31 October seems to have risen exponentially.
Roberto Silvestri / CFA Institute   |   Thu, 10 Oct 2019 16:53:40

How Boris Johnson has unleashed Brexit's 'demons'

FT's Martin Wolf says the prime minister has set parliament against the people
Martin Wolf   |   Thu, 10 Oct 2019 16:39:27

Brexit deal can be done by October 31, Ireland says after positive Johnson meeting

A Brexit deal could be clinched by the end of October to allow the United Kingdom to leave the European Union in an orderly fashion, Irish Prime Minister Leo Varadkar said after what he called a very positive meeting with his British counterpart Boris Johnson.
Reuters   |   Thu, 10 Oct 2019 16:34:46

James Dyson scraps plans to build electric car

Billionaire Brexiter tells staff in email that project not commercially viable The billionaire inventor Sir James Dyson has scrapped plans to build an electric car after deciding the project was not commercially viable. Dyson, who is one of the most prominent business figures to back Brexit, unveiled plans in 2016 ...
Rob Davies / Guardian   |   Thu, 10 Oct 2019 16:18:50

Nissan warns no-deal Brexit will be 'unsustainable' for its European business

Nissan has warned that a no-deal Brexit would leave its European business unsustainable, raising concerns over the future of production at its Sunderland plant.
Sky   |   Thu, 10 Oct 2019 16:17:00

Recharged hopes of Brexit deal, trade truce power UK shares

London stocks finished a roller coaster session on Thursday with gains as domestic companies rose after Britain and Ireland said they saw a pathway to a Brexit deal, and international names jumped on to a global rally over hopes of a U.S.-China trade truce.
Reuters   |   Thu, 10 Oct 2019 16:11:10

Brexit: What losing my EHIC card would mean for me

The scheme works in 31 countries but only three have agreed to cover UK tourists if there is no deal.
BBC   |   Thu, 10 Oct 2019 16:06:16

Brexit deal by end of month, says Irish PM after meeting with Johnson

But Leo Varadkar warns: 'There's many a slip between cup and lip'
Andrew Woodcock / The Independent   |   Thu, 10 Oct 2019 16:06:00

No-deal Brexit Risks Nissan's Future In Europe: Chief

The head of Nissan in Europe warned Thursday that a chaotic no-deal Brexit would threaten the Japanese car giant's future in the region -- and its key UK factory. Nissan Europe Chairman Gianluca de Ficchy was speaking at Britain's biggest car plant in Sunderland, northeast England, where production of its ...
IBTimes   |   Thu, 10 Oct 2019 16:04:58

Brexit: Labour MPs bombard Jeremy Corbyn with calls for him to back fresh referendum before general election

'Dozens of phone calls' made to whips' office, The Independent understands - putting 'almost unanimous' view that Final Say vote must come first
Rob Merrick / The Independent   |   Thu, 10 Oct 2019 16:03:00

Mogg's Sprog's a Brexit Ideologue

Jacob Rees-Mogg's Instagram never fails to delight, and today was no exception, posting a picture of what his son decided to write once he had finished his homework: Brexit forever. I love the Tory Party. Somerset is great. The picture is accompanied by the caption: "My sentiments exactly. What else ...
Tom Harwood / Guy Fawkes' blog   |   Thu, 10 Oct 2019 16:00:24

Sterling jumps more than 1% after UK and Ireland talk up Brexit deal prospects

Sterling jumped on Thursday after the British and Irish prime ministers revived hopes of a possible Brexit deal.
Reuters   |   Thu, 10 Oct 2019 16:00:07

Britain and Ireland see a pathway to Brexit deal

Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they saw a pathway to a possible Brexit deal after a last-ditch meeting aimed at paving a way for the United Kingdom to leave the European Union in an orderly way.
Reuters   |   Thu, 10 Oct 2019 15:59:31

Blow To Macron As His EU Top Job Pick Sent Home

European lawmakers on Thursday voted overwhelmingly against approving the candidacy of Sylvie Goulard, French President Emmanuel Macron's choice to join the European Commission as a top official. The rejection is a major blow for Macron, who had made gaining influence in a post-Brexit European Union a key priority as the ...
IBTimes   |   Thu, 10 Oct 2019 15:47:47

Breaking: GBP/USD extends rally toward 1.24 amid reports of major UK concessions on Brexit

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FX Street   |   Thu, 10 Oct 2019 15:45:26

British, Irish PMs Keep Brexit Talks Alive After Meeting

British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said Thursday they could see a "pathway" to reaching a Brexit deal, but remained cautious with just days left to strike an agreement.
IBTimes   |   Thu, 10 Oct 2019 15:43:56

The pound is soaring on reports that UK and Irish leaders see a 'pathway' to a Brexit deal

The pound is soaring after the British and Irish Prime Ministers signaled a Brexit deal could be on the horizon. The two leaders said they saw a "pathway" to a deal after private talks in a hotel in North-West England, the Financial Times reported. The pound jumped 0.7% on the ...
Yusuf Khan / Business Insider   |   Thu, 10 Oct 2019 15:37:57

Brexit: Enough progress in talks for a "basis for renewed negotiations" - The Guardian

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FX Street   |   Thu, 10 Oct 2019 15:35:22

Britain and Ireland say there is pathway to Brexit deal

Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they saw a pathway to a possible Brexit deal after a last-ditch meeting aimed at paving a way for the United Kingdom to leave the European Union in an orderly way.
Reuters   |   Thu, 10 Oct 2019 15:13:15

GBP/USD technical analysis: Cable spikes to 1.2296 on Brexit deal hopes

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FX Street   |   Thu, 10 Oct 2019 14:53:46

Johnson and Varadkar hold 'constructive' Brexit discussion

The prime ministers of Britain and Ireland 'see a pathway to a possible deal,' says Downing Street.
Cristina Gallardo / Politico   |   Thu, 10 Oct 2019 14:48:13

UK, Irish PMs Say Could See 'Pathway' To Brexit Deal

British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they could see a route towards striking a possible Brexit divorce deal, following a crunch meeting on Thursday. "Both continue to believe a deal is in everybody's interest. They agreed that they could see a pathway to a ...
IBTimes   |   Thu, 10 Oct 2019 14:48:05

Germany's Merkel: We want to reduce negative impact of Brexit if it is disorderly

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FX Street   |   Thu, 10 Oct 2019 14:47:11

No-deal Brexit 'to jeopardise' Nissan Europe arm

The Japanese carmaker is concerned about the impact of export duties in the event of no-deal Brexit.
BBC   |   Thu, 10 Oct 2019 14:46:18

Johnson and Varadkar see 'pathway' to a Brexit deal

Sterling rises after upbeat private talks between UK and Irish leaders
FT   |   Thu, 10 Oct 2019 14:41:24

Britain and Ireland see pathway to possible Brexit deal

A Brexit deal remains possible, Britain and Ireland said on Thursday in a statement issued following talks between British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar.
Reuters   |   Thu, 10 Oct 2019 14:23:55

Sunderland under threat as Nissan says business model in 'jeopardy' after Brexit tariffs

Process of building cars in UK and selling them in Europe may be put in 'jeopardy'
FT   |   Thu, 10 Oct 2019 14:21:33

Boris Johnson and Leo Varadkar both see 'a path towards' a Brexit deal

No breakthrough in talks at Merseyside hotel, with just days to go to the deal-or-no-deal deadline
Andrew Woodcock / The Independent   |   Thu, 10 Oct 2019 14:19:00

Nissan says no-deal Brexit tariffs would be unsustainable for it in Europe

No-deal Brexit tariffs of 10% on vehicles would be unsustainable for Nissan in Europe, where it runs Britain's biggest car factory, the Japanese company warned on Thursday.
Reuters   |   Thu, 10 Oct 2019 14:18:26

Brexit: EU citizens who miss registration deadline face deportation - minister

Home Office minister says those who don't apply for settled status after Brexit by December 2020 must leave.
BBC   |   Thu, 10 Oct 2019 14:18:15

Lib Dem Compares Brexit to Nazi Germany and Domestic Abuse

The Liberal Democrat's parliamentary candidate for Torridge and West Devon, David Chalmers, has become the latest Lib Dem candidate to insult his prospective voters - this time by posting comments on Facebook comparing Brexiteers to Nazis. Chalming... The candidate claimed that Brexit is causing divisions that have "split families and ...
Tom Harwood / Guy Fawkes' blog   |   Thu, 10 Oct 2019 14:15:56

Breaking: GBP/USD jumps as Johnson and Varadkar see pathway for a Brexit deal

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FX Street   |   Thu, 10 Oct 2019 14:15:37

Macron: Britain will have to pay price over any unacceptable Brexit move

Britain will have to pay the price should it decide to proceed with a position over Brexit that is unacceptable for the other 27 European Union countries, French President Emmanuel Macron said on Thursday.
Reuters   |   Thu, 10 Oct 2019 14:10:08

Boris Johnson eyes no-deal Brexit election

Leo Varadkar making big mistake if he sticks to custom union demand, say allies of Britain's PM
FT   |   Thu, 10 Oct 2019 14:02:30

Irish PM Varadkar: Eyeing a detailed discussion to see if we can make any progress on Brexit

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FX Street   |   Thu, 10 Oct 2019 14:01:38

Boris Johnson is Coleen Rooney, sending ridiculous Brexit proposals to Leo Varadkar in the hope he'll leak them to the press

Over the past three months, he has sent a load of demonstrably absurd proposals to the Irish prime minister to see if they made their way into the media. And you know what, they did!
Tom Peck / The Independent   |   Thu, 10 Oct 2019 13:48:00

Nigel Farage and Brexit party vote against EU resolution to stop Russian election meddling

Party says claims of interference are 'baseless propaganda and scare stories used to shut down debate'
Jon Stone / The Independent   |   Thu, 10 Oct 2019 13:15:00

No-deal Brexit tariffs would be unsustainable for Nissan in Europe

No-deal Brexit tariffs of 10% on cars would be unsustainable for Nissan in Europe, where the carmaker's operations include a British and Spanish plant, the Japanese firm warned on Thursday.
Reuters   |   Thu, 10 Oct 2019 13:03:42

UK economy to dodge pre-Brexit recession but outlook weak

Britain's economy looks to have dodged recession in the run-up to its deadline for leaving the European Union this month but the pace of growth has sagged as exporters felt the impact of the slowing world economy, official data showed on Thursday.
Reuters   |   Thu, 10 Oct 2019 12:59:46

What to expect on Brexit Super Saturday

Boris Johnson is likely to use occasion to hold Commons vote to try to overthrow Benn Act
FT   |   Thu, 10 Oct 2019 12:54:03

Irish PM Says 'Very Difficult' to Seal Brexit Deal Next Week

(Bloomberg) - Follow@Brexit,sign upto our Brexit Bulletin, andtell us your Brexit story.Irish Prime Minister Leo Varadkar said it's hard to see a deal to break the impasse over Brexit being clinched next week, amid a...
sellputs / Hedge Accordingly   |   Thu, 10 Oct 2019 12:47:28

Old Toryism, Risen from the Crypt

A deeper explanation of Brexit, contemporary UK events and how it inherits an old tradition of conventional Toryism.
Clive / Naked Capitalism   |   Thu, 10 Oct 2019 12:30:35

Irish PM says in UK to see if any Brexit progress can be made

Irish Prime Minister Leo Varadkar said he was meeting his British counterpart, Boris Johnson, on Thursday to see if they could make any progress in Britain's negotiations with the European Union to leave the bloc.
Reuters   |   Thu, 10 Oct 2019 12:28:03

Merkel: We want to minimise negative impact of Brexit if it is disorderly

Chancellor Angela Merkel said on Thursday that Germany wanted to minimise the negative impact of Brexit in both Britain and Germany if Britain were to leave the European Union in a disorderly manner.
Reuters   |   Thu, 10 Oct 2019 12:26:26

Brexit: Boris Johnson and Leo Varadkar hold further talks

The talks come as EU leaders express pessimism over whether a deal can be reached by 31 October.
BBC   |   Thu, 10 Oct 2019 12:19:33

British, Irish PMs Meet Over Brexit Stalemate

British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar met for last-ditch Brexit talks on Thursday, with just days left to strike an EU divorce deal as both sides blame each other for the deadlock. Time is running out to sign off on any agreement at an October ...
IBTimes   |   Thu, 10 Oct 2019 12:05:48

No Man Is an Island

Robbie Conal Boris Johnson lurches into Brexit. The post No Man Is an Island appeared first on The Nation .
Robbie Conal / The Nation   |   Thu, 10 Oct 2019 12:00:26

Could Theresa May's deal solve Brexit stalemate?

Next week there is a Queen's speech, a crucial EU summit and MPs will meet for a rare Saturday sitting in Parliament. But with hopes for a Brexit deal diminishing, what is going to happen?
Sky   |   Thu, 10 Oct 2019 11:45:00

Nissan to start building new Juke car at UK plant as Brexit looms

Nissan said it will begin making the next-generation Juke vehicle at Britain's biggest car plant on Monday, just over two weeks before a possible no-deal Brexit which the industry has warned could bring production to a halt.
Reuters   |   Thu, 10 Oct 2019 11:36:33

UK and Irish PM hold last-ditch Brexit talks at wedding venue

Boris Johnson and Leo Varadkar have sat down for crunch talks to salvage the Brexit deal at a luxury wedding venue in Merseyside.
Sky   |   Thu, 10 Oct 2019 11:18:00