Brexit News Archive: 20 Dec 2019

Johnson bill victory breaks Brexit gridlock

Commons votes by margin of 124 to drive through tougher version of legislation
FT   |   Fri, 20 Dec 2019 21:30:27

Friday's Stock Market Close: US Equities Rise On China - US Trade Deal Optimism, Brexit Passage

U.S. stocks rose on Friday on renewed optimism about the China-U.S. trade deal, Brexit passing in the U.K. Parliament and some generally good economic data in the U.S. The Dow Jones Industrial Average gained 77.79 points to 28,454.75 while the S&P 500 climbed 15.83 points to 3,221.20 and the Nasdaq ...
IBTimes   |   Fri, 20 Dec 2019 21:24:47

GBP/USD - Brexit fears resurface (video)

GBPUSD reversed gains at the start of the week as no deal Brexit fears resurfaced following reports that Boris Johnson will make the end of 2020 a hard deadline for trade deal talks. OANDA Senior Market Analyst Craig Erlam discusses what this means for the pound and why.
Craig Erlam / OANDA   |   Fri, 20 Dec 2019 20:47:27

Johnson's Brexit Deal Secures First Win In New Parliament

Britain's new parliament on Friday gave its initial approval to a revised EU divorce deal that sets up a high-stakes clash with Brussels over the sides' future ties. The 358 to 234 vote paves the way for Prime Minister Boris Johnson to deliver on his winning general election promise to ...
IBTimes   |   Fri, 20 Dec 2019 20:25:19

GBP/USD suffers worst weekly slide in years despite UK Parliament's Brexit vote

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FX Street   |   Fri, 20 Dec 2019 20:16:06

Three New Year's Wishes for Britain and the EU

The United Kingdom's general election this month settled the matter of Brexit: the UK will leave the European Union on January 31, 2020. It will then be up to the two sides to lay the groundwork for a future relationship based on mutual trust and shared interests.
Michel Barnier / Project Syndicate   |   Fri, 20 Dec 2019 20:03:23

UK on track for January 31 Brexit as Boris Johnson’s deal sails through parliament

Prime Minister Boris Johnson won approval for his Brexit deal in parliament on Friday, the first step towards fulfilling his election pledge to deliver Britain’s departure from the European Union by January 31 after his landslide victory.Lawmakers voted by 358 to 234 to pass the second reading of the legislation, ...
Reuters / South China Morning Post   |   Fri, 20 Dec 2019 18:23:49

U.K. Lawmakers OK Johnson's Brexit Bill, Pave Way to Exit EU

The House of Commons vote ends more than three years of political gridlock.
JILL LAWLESS / The Associated Press / truthdig   |   Fri, 20 Dec 2019 17:56:03

UK on track for January 31 Brexit as PM Johnson wins vote on deal

Prime Minister Boris Johnson won approval for his Brexit deal in parliament on Friday, the first step towards fulfilling his election pledge to deliver Britain's departure from the European Union by Jan. 31 after his landslide victory.
Reuters   |   Fri, 20 Dec 2019 17:40:59

FTSE wraps best week in three years ahead of Christmas

London's main index enjoyed its best weekly performance since December 2016, as shares of exporters continued to benefit from a pound that is subdued amid renewed concerns about a chaotic Brexit at the end of 2020.
Reuters   |   Fri, 20 Dec 2019 17:40:35

So what happened to the Boris bounce?

Post-Brexit UK is set to become a test case for a debate gripping global policymakers
FT   |   Fri, 20 Dec 2019 17:30:27

Brexit: What is the transition period?

The UK may only have until 31 December 2020 to agree its future relationship with the EU.
BBC   |   Fri, 20 Dec 2019 17:16:51

UK: MPs approve first stage of PM Johnson's Brexit legislation

PM wins initial approval for Brexit bill, paving the way for him to deliver Britain's departure from EU by January 31.
Al Jazeera   |   Fri, 20 Dec 2019 17:12:20

Brexit Update: Goodbye Europe, Deal Passes In House Of Commons

British lawmakers passed a measure on Friday that will allow the U.K. to leave the European Union by Jan. 31. Members of the House of Commons voted 358 to 234 in favor of the EU Withdrawal Agreement Bill, which also prohibits any extension of the transition period beyond the end ...
IBTimes   |   Fri, 20 Dec 2019 17:05:52

Labour's Brexit position set MPs up to fail, says Lisa Nandy

Potential leadership candidate predicts 'hard road back' to power and calls on colleagues to fight a hard Brexit Latest politics news - live updates Labour faces a hard road back in its former heartlands because the party's decision to back a second referendum cemented a sense that it had stopped ...
Rowena Mason Deputy political editor / Guardian   |   Fri, 20 Dec 2019 17:00:32

All change: UK tries again with new 50p to mark Brexit date

About 1m commemorative coins were melted down when October exit did not take place A new commemorative Brexit 50p coin has been ordered by the government, after the first batch had to be melted down by the Royal Mint because they featured the wrong date. The chancellor, Sajid Javid, originally ...
Jim Waterson / Guardian   |   Fri, 20 Dec 2019 16:59:24

Stock Markets Advance On Trade Optimism, Brexit Vote

Stock prices rose Friday, with sentiment on both sides of the Atlantic helped by optimism that a trade deal between the US and China is taking shape at last, dealers said. "The final full trading week of the year is ending with most markets in robustly bullish form," said Chris ...
IBTimes   |   Fri, 20 Dec 2019 16:54:49

U.S. - China Trade Deal Helps Push S&P 500 to Record Highs

The Big Number The rally in the British pound against the U.S. dollar over the past two weeks. What this means There is now some real clarity on Brexit as British Prime Minister Boris Johnson's Conservative party won last week's election in the biggest landslide since the Margaret Thatcher era ...
Horizon Investments / ETF Trends   |   Fri, 20 Dec 2019 16:26:58

Brexit bill backed by Commons: How your MP voted

Sky   |   Fri, 20 Dec 2019 16:12:00

Next Bank of England governor looks to ease rules after Brexit

Andrew Bailey has predicted UK would 'take on board practical experience more rapidly.'
Matei Rosca / Politico   |   Fri, 20 Dec 2019 16:11:24

Brexit: All you need to know about the UK leaving the EU

A simple guide on the UK leaving the European Union.
BBC   |   Fri, 20 Dec 2019 16:03:29

Tory MPs ask Boris Johnson for autograph after Brexit deal passed

House of Commons votes in favour of withdrawal agreement bill, with country set to leave EU on 31 January
Samuel Lovett / The Independent   |   Fri, 20 Dec 2019 15:54:45

How did your MP vote on the latest Brexit bill?

MPs have voted overwhelmingly for the new Brexit bill. See how your MP voted.
BBC   |   Fri, 20 Dec 2019 15:53:40

Brexit set for January after Boris Johnson's deal is approved by Parliament

Boris Johnson's wish has been granted.
CNN   |   Fri, 20 Dec 2019 15:27:49

Johnson will break his Brexit promises. Labour must be forensic in exposing this | Polly Toynbee

When the Tories fail to bluster through, the new Labour leadership should be clear about the kind of Brexit the UK needs Ring out the bells! Brexit is done today, as promised. Or almost done, as first and second readings are dashed through the Johnsonised Commons, disregarding the notion a ...
Polly Toynbee / Guardian   |   Fri, 20 Dec 2019 15:07:49

'Getting Brexit Done'

This week's IGM European Economic Experts Panel statements: A) Following the UK election result, the certainty that the country is going to leave the European Union will provide a substantial short-term boost to the UK economy. B) Given that the ...
European Experts Panel / IGM Forum   |   Fri, 20 Dec 2019 15:01:40

Brexit: MPs back Boris Johnson's bill

MPs vote by 358 to 234 to back Boris Johnson's Brexit bill to leave EU on 31 January.
BBC   |   Fri, 20 Dec 2019 15:00:42

Weekly Briefing: A very different Brexit year lies ahead

20 December 2019 The Withdrawal Agreement Bill today passed the House of Commons at Second Reading (a debate and vote on the general principles of the Bill) by 358 votes to 234 - a majority of 124. The remaining stages of the Bill are expected to have a smooth passage ...
David Shiels / Open Europe   |   Fri, 20 Dec 2019 14:59:32

Boris Johnson's Brexit Deal Clears First Vote As Pound Slides

Boris Johnson's Brexit Deal Clears First Vote As Pound Slides As was widely expected given the Tories massive majority in Parliament, Boris Johnson's Brexit withdrawal agreement has cleared the first procedural vote in Westminster, setting the stage for its eventual passage, which will lead the UK to exit the European ...
Tyler Durden / Zero Hedge   |   Fri, 20 Dec 2019 14:59:04

'Get Brexit done': Wealthy Tory donors buying EU citizenship for themselves, documents reveal

Cyprus 'golden passport' scheme can secure EU nationality for just €2m
Jon Stone / The Independent   |   Fri, 20 Dec 2019 14:56:00

Level playing field a must for future EU-UK ties - EU's Michel

The European Union will insist on guarantees of a level-playing field in any agreement on future ties with Britain after Brexit, the chairman of EU leaders said on Friday.
Reuters   |   Fri, 20 Dec 2019 14:48:57

British PM Johnson wins vote on Brexit deal

UK Prime Minister Boris Johnson won approval for his Brexit deal in parliament on Friday, the first step towards fulfilling his election pledge to deliver Britain's departure from the European Union by Jan. 31 after his landslide victory. Lawmakers voted by 358 to 234 to pass the second reading of ...
Times of India   |   Fri, 20 Dec 2019 14:48:06

UK lawmakers approve second reading of PM Johnson's Brexit bill

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FX Street   |   Fri, 20 Dec 2019 14:46:57

EU ready to take formal steps to conclude Brexit deal on EU side

The European Commission took note on Friday of the British parliament's support for the withdrawal agreement with the EU, a key step to complete the process in January, and said it was ready to take formal steps to adopt the deal on its side too.
Reuters   |   Fri, 20 Dec 2019 14:45:19

MPs approve first stage of Johnson's Brexit legislation

Prime Minister Boris Johnson won initial approval for his Brexit legislation on Friday, the first step towards fulfilling his election pledge to deliver Britain's departure from the European Union by Jan. 31.
Reuters   |   Fri, 20 Dec 2019 14:39:16

Boris Johnson's Brexit bill passes Commons vote

The legislation enables the UK's exit from the EU on January 31.
Cristina Gallardo / Politico   |   Fri, 20 Dec 2019 14:36:41

Brexit vote: Boris Johnson's bill passes first hurdle in Commons

Bill will be given detailed scrutiny early in New Year, but is unlikely to be amended - clearing path for withdrawal from EU on 31 January
Rob Merrick / The Independent   |   Fri, 20 Dec 2019 14:33:00

Can UK scientists still lead the world after Brexit?

The life sciences sector makes £70bn a year for the economy
FT   |   Fri, 20 Dec 2019 14:18:14

Climate change, inequality and disruptive technology have brought toxic politics to a boil in 2019

As 2019 comes to a close, the world’s financial markets are hitting record highs, celebrating that Britain will finally see closure on Brexit through a thumping election victory for Boris Johnson and a US-China trade truce that seems to push more intractable problems to the future. The S&P 500 index ...
Andrew Sheng / South China Morning Post   |   Fri, 20 Dec 2019 13:30:14

GBP/USD holds steady above 1.30 handle ahead of US data, vote on Brexit bill

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FX Street   |   Fri, 20 Dec 2019 13:07:24

PM takes first step towards delivering Brexit promise as MPs back deal

Boris Johnson has taken the first step towards delivering his pre-election promise to take the UK out of the EU on 31 January.
Sky   |   Fri, 20 Dec 2019 12:32:00

Robert Harris: 'Johnson must fancy himself as Caesar'

The novelist on Cicero's lessons for Brexit Britain, Labour's future - and how to write a bestseller a year
FT   |   Fri, 20 Dec 2019 12:22:59

Veteran watchdog Bailey to guide Bank of England through Brexit

Britain's new government named Andrew Bailey as the Bank of England's next boss on Friday, entrusting a veteran regulator and technocrat with steering the economy and its vast finance industry through Brexit.
Reuters   |   Fri, 20 Dec 2019 12:16:44

European open - Impeachment, Brexit vote, gold, oil

Europe Flat as UK MPs Prepare For Brexit Vote European stocks once again find themselves facing a flat and muted open on Friday, with traders minds clearly on last minute panic shopping than revised growth numbers or consumer surveys. Source - Thomson Reuters Eikon It's been quite a strange week, ...
Craig Erlam / OANDA   |   Fri, 20 Dec 2019 12:16:22

European Markets Advance As London Waits On Brexit News

European stock markets rose Friday after a mixed session in Asia, with London and the pound firming awaiting news on the Brexit front, dealers said. London's FTSE 100 shares index grew 0.2 percent in late morning deals, as dealers also digested the appointment of financial regulator boss Andrew Bailey as ...
IBTimes   |   Fri, 20 Dec 2019 11:53:42

Brexit: MPs debate Johnson's Brexit bill ahead of vote

The PM says the legislation, enabling Brexit to happen on 31 January, will allow the UK to "move forward".
BBC   |   Fri, 20 Dec 2019 11:33:21

Mark Carney: Economic Firefighter At Helm Of Bank Of England

From Brexit to the global financial crisis, the Bank of England's departing governor Mark Carney is no stranger to fighting fires, and will soon switch jobs to battling climate change. The British government announced Friday that Carney will hand over to Andrew Bailey, head of the Financial Conduct Authority watchdog, ...
IBTimes   |   Fri, 20 Dec 2019 11:20:56

Choosing 'safe hands' Bailey suggests PM less than upbeat over Brexit

Bookies' favourite Andrew Bailey emerges as the cautious option from a varied list There were plenty of names bandied around as likely candidates to be the next governor of the Bank of England but in the end the government has chosen the person who has been the bookies' favourite from ...
Larry Elliott / Guardian   |   Fri, 20 Dec 2019 11:11:06

Brexit News Archive: 20 Dec 2019     |     enquire