Brexit News Archive: 25 Oct 2019

'Land will be abandoned': Farmers feel squeeze as Brexit looms

Government's focus on animal protection and cheap food alarms traditional Tory voters
FT   |   Fri, 25 Oct 2019 21:00:31

EU diplomat sees 'serious risk' of no-deal Brexit - Sky News

One European Union government sees a "serious risk" that Britain will leave the bloc without a transition deal next week, broadcaster Sky News said on Friday, citing an unnamed diplomat from the country.
Reuters   |   Fri, 25 Oct 2019 20:50:31

EU agrees to Brexit extension but sets no date as Britain squabbles over election

The European Union agreed on Friday to London’s request for a Brexit deadline extension but set no new departure date, giving Britain’s divided parliament time to decide on Prime Minister Boris Johnson’s call for a snap was full agreement on the need for an extension,” an EU official said after ...
Agencies / South China Morning Post   |   Fri, 25 Oct 2019 19:31:30

Fears rise over post-Brexit workers' rights and regulations

UK considers diverging on rules despite 'level playing field' promises to EU
FT   |   Fri, 25 Oct 2019 19:06:31

EU agrees to Brexit extension but sets no date

Seeking Alpha   |   Fri, 25 Oct 2019 18:55:59

German consumer morale slides; Brexit jitters weigh on markets - business live

Rolling coverage of the latest economic and financial news, including more worrying data from Germany LatestL FTSE 100 down amid Brexit uncertainty German business confidence unchanged Consumer confidence lowest since late 2016 Amazon disappoints with fall in profits 7.18pm BST Finally, the FTSE 100 index ended just 3 points lower ...
Graeme Wearden / Guardian   |   Fri, 25 Oct 2019 17:55:06

Boris Johnson news - live: EU delays Brexit extension decision until next week, as Labour vows to scupper PM's election bid

Follow all the latest developments
Adam Forrest, Ashley Cowburn / The Independent   |   Fri, 25 Oct 2019 17:45:00

Brexit preparations run on in spite of impending delay

Commemorative 50p halted but ad campaign 'still live' and Yellowhammer awaits decision
FT   |   Fri, 25 Oct 2019 17:41:52

Brexit in limbo as UK PM Boris Johnson pushes for election

Times of India   |   Fri, 25 Oct 2019 17:15:21

DUP: We believe in Brexit but the Union comes first

Arlene Foster says this week's votes in the House of Commons prove her Democratic Unionists Party (DUP) is "still in play" and "still has influence".
Sky   |   Fri, 25 Oct 2019 16:46:00

France wants to maintain pressure on Brexit extension, source close to Macron says

Brexit negotiations should only be extended beyond Oct. 31 for as long as Britain can justify to the European Union's 27 remaining members, a source close to French President Emmanuel Macron said on Friday.
Reuters   |   Fri, 25 Oct 2019 16:30:01

FTSE 100 snaps four-day winning run amid Brexit worries

UK stocks ended Friday on a sour note as Brexit jitters weighed on sentiment, although the exporter-heavy FTSE 100 marked its strongest weekly performance in nine months as the continuing political divide hurt sterling.
Reuters   |   Fri, 25 Oct 2019 16:09:11

Boris Johnson considers scrapping vote to trigger pre-Christmas general election as defeat looms

EU delays decision on agreeing Brexit delay - as MPs ponder extraordinary plan to bring the prime minister's 'paused' 'deal themselves
Rob Merrick / The Independent   |   Fri, 25 Oct 2019 16:03:27

The Next Round in the Brexit Battle: Boris Johnson's Risky Election Gamble

Although British Prime Minister Boris Johnson seems incapable of governing, his advisers believe he will still win the battle over Brexit. He has called for new elections to take place in December as part of his strategy to force his opponents into a dirty election campaign.
Spiegel   |   Fri, 25 Oct 2019 16:01:16

On a London high street, Brexit fatigue sets in

For Bill Elliott, who has sold flowers on the streets of London since he was 13, the promise of Brexit is fading.
Reuters   |   Fri, 25 Oct 2019 15:57:25

Ghost stories, Brexit bargains and flower-free floristry

How to make money from haunted houses, and London's prime reductions
FT   |   Fri, 25 Oct 2019 15:27:59

Brexit In Limbo As UK PM Pushes For Election

British Prime Minister Boris Johnson on Friday told opposition leader Jeremy Corbyn to "man up" and accept a snap election as EU members delayed a decision on how long to postpone next week's Brexit deadline. Senior diplomats told AFP they would decide by late Monday or early Tuesday next week, ...
IBTimes   |   Fri, 25 Oct 2019 15:11:48

EU agrees Brexit extension but sets no date as UK squabbles over election

The European Union agreed on Friday to London's request for a Brexit deadline extension but set no new departure date, giving Britain's divided parliament time to decide on Prime Minister Boris Johnson's call for a snap election.
Reuters   |   Fri, 25 Oct 2019 15:10:09

The News Roundup - International

We do not have a Brexit-free edition of the international News Roundup. Sky News does.
NPR   |   Fri, 25 Oct 2019 15:06:30

Markets lifted by US-China trade and Brexit breakthroughs but deep economic risks remain

As we enter the last quarter of the year, investors are beginning to speculate on whether equity markets will enjoy a lift into the end of the year. Bond yields and equities are indeed rising, and investors are starting to worry less about the risks to the market and the ...
Kerry Craig / South China Morning Post   |   Fri, 25 Oct 2019 15:00:05

Shaky sterling expected to steady as no-deal Brexit risks recede

UK currency appears on firmer footing after very volatile period
FT   |   Fri, 25 Oct 2019 14:49:18

EU agrees to delay October 31 Brexit date but holds off on setting new deadline

European Union (EU) ambassadors meeting in Brussels on Friday agreed in principle to allow the UK to delay Brexit beyond October 31 but will announce the length of the extension only next week. The EU's move is expected to have a strong bearing in the UK Parliament, which is likely ...
Times of India   |   Fri, 25 Oct 2019 14:42:25

EU says UK can have Brexit delay, but delays decision on length

Member states in agreement there is need for extension but a decision on its length will be made next week.
Al Jazeera   |   Fri, 25 Oct 2019 14:28:02

Take Five: Brextension, Brelection, Brextinction

Oct 31 was when Britain was to exit the European Union, with Prime Minister Boris Johnson saying he would rather be "dead in a ditch" than delay Brexit again. But with the UK parliament failing to play along, he's been forced to ask for an extension and the EU will ...
Reuters   |   Fri, 25 Oct 2019 14:18:21

N Ireland's DUP seeks to rebuild after Tory alliance withers

Boris Johnson's Brexit deal leaves Arlene Foster's party feeling betrayed
FT   |   Fri, 25 Oct 2019 14:00:08

Even with a deal, even with an election, these Brexit questions will still need to be answered

Brexit seems deadlocked after the UK House of Commons voted in favour of Boris Johnson's withdrawal agreement, but against the timetable to push the legislation through before October 31. Now, Johnson has written to Jeremy Corbyn, leader of the opposition Labour party, to offer more time for the bill, but ...
Helen Parr, Senior Lecturer and Director of Postgraduate Teaching, School of Politics, Philosophy, International Relations and Environment, Keele University / The Conversation   |   Fri, 25 Oct 2019 13:58:31

A Brexit extension is 'not a given', source close to Macron says

An extension to Brexit negotiations with the European Union is not justified at this stage and it is up to Britain to provide a good enough reason for the EU's 27 remaining members to agree to a further delay, a source close to French President Emmanuel Macron said.
Reuters   |   Fri, 25 Oct 2019 13:57:13

Brexit: France wants a Brexit extension to be justified and proportionate

Read more on
FX Street   |   Fri, 25 Oct 2019 13:52:21

Friday's Stock Market Open: Stocks Mixed On 3Q Earnings, Brexit Uncertainty

Amazon's third-quarter results and fourth-quarter predictions cast a pall over earnings season Friday as investors also worried about Brexit. The Dow Jones Industrial Average was up nearly 40 points at 26,845 shortly after the open while the Nasdaq Composite slipped 20 points to 8,165 and the S&P 500 lost 2 ...
IBTimes   |   Fri, 25 Oct 2019 13:42:52

Production of Brexit 50p coin paused amid departure uncertainty

It is thought about 1,000 coins with '31 October 2019' leave date have been minted so far The Treasury has "paused" production of a new 50p coin commemorating Brexit on 31 October after it became clear the government would not leave the EU on time. The special edition was supposed ...
Phillip Inman / Guardian   |   Fri, 25 Oct 2019 13:18:59

Brexit: EU agrees to Brexit delay, but no date yet

Ambassadors agree to postpone the 31 October deadline, but will not decide a date until next week.
BBC   |   Fri, 25 Oct 2019 13:04:37

Brexit woes, mixed earnings see stocks lose steam, sterling lingers

Geopolitical tensions, muted economic data and mixed earnings stymied global stocks on Friday with sterling languishing near a one week lows amid a new bout of Brexit anxiety.
Reuters   |   Fri, 25 Oct 2019 13:01:13

The FT's biggest stories and best reads every Friday

Kana Inagaki's top reads this week: Brexit - what now?; Zuckerberg's grilling; the business of haunted houses
FT   |   Fri, 25 Oct 2019 12:52:47

Brexit: Can a no-deal still happen?

The prime minister has sent the EU a Brexit extension request - but could no deal still happen?
BBC   |   Fri, 25 Oct 2019 12:25:09

European stocks waver as Brexit timeframe remains unclear

FT   |   Fri, 25 Oct 2019 12:23:37

If the UK wants an Indian trade deal then Brexiteers should stop banging on about the empire

A few years ago at a soiree thrown by the British Chamber of Commerce, a very senior Indian diplomat quite forthrightly told a gathering: "I've been asked repeatedly why India doesn't give more business to...
Arup Ganguly / Times of India   |   Fri, 25 Oct 2019 12:21:22

EU Keeps Britain Guessing On Length Of Brexit Lifeline

EU members delayed a decision Friday on how long to postpone next week's Brexit deadline, giving British Prime Minister Boris Johnson space to push for an early general election. Senior diplomats told AFP they would reconvene on Monday or Tuesday next week, thus perhaps fewer than 72 hours before Britain ...
IBTimes   |   Fri, 25 Oct 2019 12:11:30

EU envoys agree that Brexit extension is needed, no date set

EU ambassadors agreed that the bloc should grant Britain's request for another extension to the Brexit deadline but have not yet figured out how long that delay should be. Ambassadors from the EU's remaining 27 nations accepted the terms of an extension and their "work will continue in the coming ...
Times of India   |   Fri, 25 Oct 2019 12:11:14

Brexit: democracy needs journalists to be transparent about their political sources

If the UK is heading for a general election, or a second Brexit referendum, journalists had better brace themselves - not just for the long hours on the campaign trail but for all the blame and vitriol that is likely to be heaped on their heads. It's been more than ...
Richard Fletcher, Research Fellow, Reuters Institute for the Study of Journalism, University of Oxford / The Conversation   |   Fri, 25 Oct 2019 11:51:15

Now Britain has a deal, what comes next?

If Brexit happens, we have no choice but to boost the economy and tackle inequalities
FT   |   Fri, 25 Oct 2019 11:49:23

Johnson says of Brexit: we should be leaving on October 31

Prime Minister Boris Johnson said on Friday it was up to the European Union to decide a delay to Brexit but that Britain should be leaving on Oct. 31.
Reuters   |   Fri, 25 Oct 2019 11:46:45

Brexiternity, by Denis MacShane

A politician's analysis of the decades of social and economic turmoil now facing Britain
FT   |   Fri, 25 Oct 2019 11:37:28

EU shelves Brexit delay decision as Britain squabbles over election

The European Union agreed to London's request for a Brexit deadline extension on Friday but set no new departure date, giving Britain's divided parliament time to decide on Prime Minister Boris Johnson's call for a snap election.
Reuters   |   Fri, 25 Oct 2019 11:09:29

Brussels fears accidental Brexit crash-out

The EU has postponed a decision on a Brexit extension until Monday or Tuesday.
David M. Herszenhorn, Jacopo Barigazzi, Emilio Casalicchio / Politico   |   Fri, 25 Oct 2019 11:07:34

Daily Digest 10/21 - Civil Unrest Erupting Around The World, Can We Still Dodge the Progress Trap?

Four dead in Bangladesh riot over offensive Facebook post Civil Unrest Is Erupting All Over The World, But Just Wait Until America Joins The Party Lebanon's Hariri agrees to reforms amid nationwide protests over economic crisis Boris Johnson faces frenzied week as Brexit deadline nears Unprecedented: The Trump NLRB's attack ...
Daily Digest / Peak Prosperity   |   Mon, 21 Oct 2019 16:35:02

Brexit Mania

I admit I started to tune it out because I got a bit sick of following all the ups and downs. Let me know when it's over!*Boris Johnson has been denied the opportunity to hold a second vote on his Brexit deal in the House of Commons after the Speaker, ...
Atrios / Eschaton   |   Mon, 21 Oct 2019 15:59:00

Petróleo Sube con Esperanzas de Brexit y Tratado EU-China (video)

El analista senior para America Latina de OANDA Alfonso Esparza expone las razones del alza del petróleo en la semana. El optimismo en el mercado de que un Brexit duro no se haga presente y que China y Estados Unidos lleguen a un acuerdo en el mediano plazo ha limitado ...
Alfonso Esparza / OANDA   |   Mon, 21 Oct 2019 15:54:02

Lord King: Brexit is no big deal

Merv loses his nerve.
FT Alphaville   |   Mon, 21 Oct 2019 15:52:58

Boris Johnson Presses Ahead with Brexit

Washington Post: "As it did on Super Saturday, the British government will try, once again, to hold a 'meaningful vote' on Monday in Parliament on the withdrawal agreement that Johnson successfully negotiated with his European counterparts last week. Britain is scheduled to leave the E.U. on Oct. 31, in just ...
Taegan Goddard / Taegan Goddard   |   Mon, 21 Oct 2019 15:45:39

Johnson Tries to Throw UK Under Bus; Parliament Balks-for Now

Rachel Shabi The hope for those who oppose his awful Brexit deal is that the number of supporters will collapse once the legislation comes into contact with reality. The post Johnson Tries to Throw UK Under Bus; Parliament Balks-for Now appeared first on The Nation .
Rachel Shabi / The Nation   |   Mon, 21 Oct 2019 15:40:46

Oil Higher on Brexit and Trade War Hope (video)

OANDA Senior Market Analyst Alfonso Esparza discusses oil prices and the resilience of crude even as US inventories rose last week.
Alfonso Esparza / OANDA   |   Mon, 21 Oct 2019 15:39:29

Geopolitical Landscape Could Cause Bond Market Volume to Drop

It's certainly been the summer of bonds after the equities markets spooked investors into safer haven assets like government debt. The holidays are right around the corner and some analysts are forecasting that market volume in bonds could drop given the current geopolitical landscape. With global events like Brexit and ...
Ben Hernandez / ETF Trends   |   Mon, 21 Oct 2019 15:06:07

UK Parliament Speaker Bercow Blocks New Vote On Johnson's Brexit Deal

UK Parliament Speaker Bercow Blocks New Vote On Johnson's Brexit Deal With cable reversing all weekend losses, and spiking overnight on that a Brexit vote could be held as soon as today, moments ago House of Commons speaker John Bercow blocked the government's bid to hold a meaningful vote, thwarting ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 14:55:34

Bercow Blocks Boris Bringing Back Brexit Vote

John Bercow has Boris cannot try holding a meaningful vote on his deal, despite MPs explicitly withholding opinion on the deal on Saturday by passing the Letwin Amendment. No one was expecting a fair ruling from Bercow though... The Government will, therefore, have to push on with the far trickier ...
Christian Calgie / Guy Fawkes' blog   |   Mon, 21 Oct 2019 14:35:33

The State Of Markets

The State Of Markets Authored by Sven Henrich via NorthmanTrader.com, No new highs, no new lows, lots of chop and still no decisions on anything. New highs or not, trade deal or not, hard Brexit or not, the list goes on and on. Bulls remain undeterred and confident that an ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 13:54:40

Scottish Judges Wait to Decide Whether Johnson Met Benn Act

(Bloomberg) - Scottish judges held off on ruling on a case brought by opponents of a no-deal Brexit to ensure that British Prime Minister Boris Johnson complies with a law requiring he reach an agreement...
sellputs / Hedge Accordingly   |   Mon, 21 Oct 2019 13:47:04

Links 22 October 2019

Global Macro / Markets / Investing: US Federal Reserve starts "quantitative easing forever" - WSWS Saudi Arabia's Best Bet Is to Crash the Price of Oil - Bloomberg Brexit Deal Failure Will Rattle Markets ... - Stock Market News Global economy: 'we must do everything possible' to avoid global 'fracture' ...
Unconventional Economist / MacroBusiness   |   Mon, 21 Oct 2019 13:01:26

Guido Fawkes - "support for Boris' deal" - REALLY?

Parliamentary gossip broker Paul Staines aka "Guido Fawkes" confidently transmits this news:... Nigel's continuing opposition for opposition's sake, it seems his usually loyal followers are abandoning him in favour of Boris's new deal. Last man in the bunker... "A new Survation poll out this morning shows 67% of Brexit Party ...
Unknown / Bearwatch   |   Mon, 21 Oct 2019 12:48:00

DUP Opposition to Boris' Deal Making English Less Likely to Support the Union

New Polling commissioned by Global Britain has shown that if the DUP continue to not support Boris's deal, English voters will be significantly less likely to support Northern Ireland staying in the UK. If the Brexit process is delayed again, the DUP will be losing English good will to keep ...
Tom Harwood / Guy Fawkes' blog   |   Mon, 21 Oct 2019 12:30:37

US Futures Rally As Trade Deal, Brexit Optimism Return Despite Prevailing Chaos

US Futures Rally As Trade Deal, Brexit Optimism Return Despite Prevailing Chaos One day after US stocks ended last week on the back foot amid growing uncertainty over Brexit, the ongoing trade talks on "Phase one" deal between the US and China and signals of a global slowdown, world stocks ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 11:37:57

10 things you need to know before the opening bell

Here is what you need to know. 1. The EU is preparing to delay Brexit until 2020 and British lawmakers are plotting to scupper Boris Johnson's deal. MPs are planning to push for a second referendum and attach a customs union to the prime minister's Brexit deal. 2. China's growth ...
Yusuf Khan / Money Game   |   Mon, 21 Oct 2019 11:14:00

Pound Rallies As Johnson Pushes For Monday Vote On Brexit Deal

Pound Rallies As Johnson Pushes For Monday Vote On Brexit Deal After MPs voted on Saturday to delay a vote on Boris Johnson's Brexit deal, forcing Johnson to ask the EU for another delay, the PM is preparing to try again on Monday and put the deal to another vote ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 10:46:00

US Open - Stocks, Johnson's Brexit Push, Oil, Gold

US stocks are poised to have a lackluster open as stocks inch higher in the pre-market. Earnings results will pick up tomorrow and with no major economic data releases, markets will focus on any incremental trade update, Brexit progress, and geopolitical risks. Brexit Time is running out to get a ...
Ed Moya / OANDA   |   Mon, 21 Oct 2019 10:22:56

Brexit Party Supporters Back the Deal

Despite Nigel's continuing opposition for opposition's sake, it seems his usually loyal followers are abandoning him in favour of Boris's new deal. Last man in the bunker... A new Survation poll out this morning shows 67% of Brexit Party voters want the Commons to pass the deal, a little behind ...
Christian Calgie / Guy Fawkes' blog   |   Mon, 21 Oct 2019 09:19:46

European open - Brexit, gold, oil

Sterling slips on Brexit delay European markets are a mixed bag at the start of trade on Monday as the Brexit saga drags on, weighing a little on the currency. Source - Thomson Reuters Eikon We saw strong gains in the pound last week in anticipation of a Brexit deal ...
Craig Erlam / OANDA   |   Mon, 21 Oct 2019 08:37:29

Brexit: Time Is of the Essence

Why Johnson's Brexit may be in more trouble than it seems.
Yves Smith / Naked Capitalism   |   Mon, 21 Oct 2019 08:25:47

Brexit News Archive: 25 Oct 2019     |     enquire