Brexit News Archive: 21 Oct 2016

EU summit ends with May warned of rough road ahead

European leaders adopt tough stance on Brexit talks while leaving door ajar
FT   |   Fri, 21 Oct 2016 18:24:18

Should he stay or should he go? Mark Carney faces big decision amid attacks

The Bank of England governor was praised for providing calm immediately after the Brexit vote - but the tide of political opinion has turned against him Few of Britain's migrant workers are as well paid as Mark Carney and none of them are as well known. But this weekend the ...
Larry Elliott / Guardian   |   Fri, 21 Oct 2016 18:16:36

May Wants Britain, EU to Trade Freely After Brexit

British Prime Minister Theresa May said the U.K. wants to continue to trade freely in goods and services with the European Union even after it leaves, ahead of the start of formal talks on leaving the bloc.
WSJ   |   Fri, 21 Oct 2016 14:21:28

WTO concerned about Britain's membership terms post-Brexit

The head of the World Trade Organisation says Britain's future terms of membership in the WTO will depend a lot on the Brexit separation negotiations.
euronews   |   Fri, 21 Oct 2016 14:18:50

Accounting News Roundup: Audit Committee Disclosures; Brexit and IFRS; Underaccrued PTO | 10.21.16

Audit committees, disclosures Research from Ernst & Young found that 82% of the Fortune 100 audit committees "explicitly state
Going Concern   |   Fri, 21 Oct 2016 14:15:57

London diner's guide to Brexit vote

CNN   |   Fri, 21 Oct 2016 14:04:36

Why sterling's collapse is not good for the UK economy

The pound's rapid fall will have a slow, rotting effect on living standards. But disaster can be averted if we take firm action quickly The most dramatic economic effect of the UK's Brexit vote has been the collapse of sterling. Since June, the pound has fallen by 16% against a ...
Robert Skidelsky / Guardian   |   Fri, 21 Oct 2016 11:59:16

Scotland should join the EEA

Single market membership in its own right would be the best of all post-Brexit worlds
FT   |   Fri, 21 Oct 2016 11:41:58

Polish woman booed for Brexit comment on Question Time

A woman was booed on the BBC's Question Time after saying she no longer felt welcome in the UK since the EU referendum.
BBC   |   Fri, 21 Oct 2016 10:56:02

LSE-Deutsche faces difficult March date

EU looks unlikely to back 'merger of equals' that would keep London HQ after Brexit
FT   |   Fri, 21 Oct 2016 10:27:12

EU Leaders Tell May - No Freedom Of Movement Means Hard Brexit Which Makes The Decision Easy

As I've noted before European leaders seem to be going out of their way to make the decision over which type of Brexit we get easy. For they are continuing to insist, as they did yesterday to Theresa May, the Prime Minister, that without freedom of movement of labour then ...
Tim Worstall, Contributor / Forbes   |   Fri, 21 Oct 2016 08:38:00

Any new single market deal must have the consumer at its heart | Vicky Ford

If we want to avoid tipping into a post-Brexit era fuelled by protectionism, we need to maintain much of today's barrier-free trade with the EU In the runup to the EU referendum there was much debate on the impact of the single market on business, jobs, workers, services and standards, ...
Vicky Ford / Guardian   |   Fri, 21 Oct 2016 07:00:23

Britain is heading towards a Brexit but Theresa May says it won't stop the UK negotiating EU policy

Prime Minister Theresa May wants Britain to be involved in European Union decision making and strategy meetings right up until Brexit. The prime minister made the point at a summit of EU leaders in Brussels this week. May told the press: "We will continue to play a full role until ...
Business Insider   |   Fri, 21 Oct 2016 06:58:51

EU leaders gang up on Theresa May over Brexit as she prepares for talks with Jean-Claude Juncker

Peter Dominiczak / Telegraph   |   Fri, 21 Oct 2016 06:16:11

Tories lose 20,000 votes but hold Witney seat

Pro-EU Lib Dems enjoy surge in support after campaigning against 'hard Brexit'
FT   |   Fri, 21 Oct 2016 05:46:03

How cheap can the UK pound get?

Markets aren't getting more comfortable with a "hard Brexit" scenario, but are rather waiting for fresh news, says Jeremy Stretch, head of FX strategy at CIBC.
CNBC   |   Fri, 21 Oct 2016 05:11:00

Live: EU leaders warn UK on Brexit deal

Our live blog is following market reaction as U.K. leader Theresa May gets a warning from her co-leaders of Europe.
CNBC   |   Fri, 21 Oct 2016 04:44:00

Brexit fallout: is it over?

Investor anxiety over the UK voting to leave the EU appears to have waned
FT   |   Fri, 21 Oct 2016 04:33:06

European banks warn against political 'intrusion'

Top European central bankers have warned against politicians interfering in monetary policy, amid intense scrutiny of Mark Carney's interest-rate strategy following the Brexit vote.
Here Is The City   |   Fri, 21 Oct 2016 04:04:03

Brexit offers nothing good for the pound: KPMG

The pound will remain volatile amid uncertainty over when the U.K. will leave the EU, the U.K. chairman at KPMG told CNBC on Friday.
CNBC   |   Fri, 21 Oct 2016 04:01:00

May told to expect tough Brexit talks

Merkel warns of 'rough going' ahead as Hollande points to 'hard negotiation'
FT   |   Fri, 21 Oct 2016 03:17:08

How Brexit is impacting this wine e-tailer

Tai Alegbe, co-founder at Baacco, says that the weaker pound has resulted in higher sales outside the UK for his wine business but increased import costs.
CNBC   |   Fri, 21 Oct 2016 01:29:00

European leaders tell UK's May: Prepare for tough negotiations on Brexit

European leaders were clear that they would not allow Britain to "cherry pick" the profitable parts of their union.
CNBC   |   Fri, 21 Oct 2016 01:08:00

Theresa May: UK expects to remain part of EU talks

Britain expects to be part of EU decision making until Brexit, Theresa May tells fellow EU leaders at a working dinner at her first EU summit as PM.
BBC   |   Thu, 20 Oct 2016 21:17:38

Migration, Walloons: E.U.’s List of Crises Keeps Growing

Domestic politics are again undercutting the bloc’s sense of common purpose, with a trade deal imperiled by Belgium’s small French-speaking Wallonia region.
JAMES KANTER and STEPHEN CASTLE / NY Times   |   Thu, 20 Oct 2016 20:47:25

France warns UK premier of tough time ahead in Brexit talks

France has warned Britain at the start of a European Union summit that it would face a tough, unyielding opponent if it sought too many concessions during its negotiations to leave the 28-nation EU.
U.S. News   |   Thu, 20 Oct 2016 19:54:07

European banks warn against political 'intrusion'

Central bankers stress independent role as Bundesbank official plays down impact of Brexit vote on finances Top European central bankers have warned against politicians interfering in monetary policy, amid intense scrutiny of Mark Carney's interest rate strategy following the Brexit vote. Andreas Dombret, who sits on the board of the ...
Jill Treanor and Graeme Wearden / Guardian   |   Thu, 20 Oct 2016 18:52:38

Brexit: The pros and cons for Australian trade

What could a post-Brexit trade deal with Britain mean for Australia?
BBC   |   Thu, 20 Oct 2016 17:19:34

World concerned about EU, Renzi tells PD MEPs

Brussels, October 20 - The state of the European Union post-Brexit is a concern worldwide, Premier Matteo Renzi told MEPs from his center-left Democratic Party (PD) ahead of a European summit Thursday. Sources present at the meeting told ANSA Renzi said the Brexit could have been a chance to relaunc
Gazzetta Del Sud   |   Thu, 20 Oct 2016 17:10:00

Euro hits four-month low as Mario Draghi hints at more stimulus - as it happened

Mario Draghi suggests ECB could extend its QE programme in December, and suggests ECB might taper its asset-purchase scheme Draghi: Committed to doing more if needed Draghi: We didn't discuss extending QE Draghi: Not likely to abruptly end QE Earlier: Eurozone interest rates and QE unchanged 5.54pm BST With nothing ...
until 3.30 / Guardian   |   Thu, 20 Oct 2016 16:54:15

Hollande warns May to expect tough Brexit negotiations

Little sign of EU sympathy at British prime minister's first Brussels summit
FT   |   Thu, 20 Oct 2016 16:24:41

City of London plans special visas for bankers

London's financial district is proposing a special new visa to ensure international workers aren't shut out of the U.K. after Brexit.
CNN   |   Thu, 20 Oct 2016 15:55:49

Brexit leader Farage: Trump can win

The Brexit campaign leader tells CNBC that Trump is not as far behind as the polls show.
CNBC   |   Thu, 20 Oct 2016 15:13:00

Leaving the EU will be bad for trade, but a secret Brexit will be worse

To minimise the economic shock of leaving the EU, Theresa May must let parliament discuss the trading implications of Brexit One of the worrying aspects of the Brexit process is that discussions about the UK's future trade arrangements, and the wider economic goals and ambitions of Brexit, are taking place ...
George Magnus / Guardian   |   Thu, 20 Oct 2016 13:55:41

London Construction Slowdown in Q3 Due to Brexit

Growth in London's construction market suffered a sharp slowdown in the third quarter, as a survey released Thursday revealed mounting unease within the industry over how the U.K.'s exit from the EU will play out. The quarterly survey of the U.K. construction industry from the Royal Institute of Chartered Surveyors ...
OANDA   |   Thu, 20 Oct 2016 13:24:45

Theresa May switches EU focus from Brexit to Russia

Donald Tusk jokes that UK is not entering 'lion's den' but a 'nest of doves'
FT   |   Thu, 20 Oct 2016 13:23:35

City of London weighs up regional visa system to avoid post-Brexit staff gaps

Ideas for a regional visa system have been set out by the local authority for London's financial district in an attempt to avoid staff shortages after the vote to leave the EU.
Here Is The City   |   Thu, 20 Oct 2016 13:16:19

Cyber security group NCC hit by Brexit

Three large contracts have been cancelled, while a fourth had been deferred
FT   |   Thu, 20 Oct 2016 13:01:02

Red or blue colour for post-Brexit UK passports

Some want a post-Brexit passport to be blue, the colour used before the UK joined the EEC.
BBC   |   Thu, 20 Oct 2016 13:00:12

City of London weighs up regional visa system to avoid post-Brexit staff gaps

Local authority debates merits of Australian and Canadian visa system in bid to retain and attract skilled workers Ideas for a regional visa system have been set out by the local authority for London's financial district in an attempt to avoid staff shortages after the vote to leave the EU. ...
Jill Treanor / Guardian   |   Thu, 20 Oct 2016 12:47:32

Theresa May: We'll still work closely with EU

Theresa May pledges to continue to "work closely" with the EU after Brexit, as she arrives for her first Brussels summit as prime minister.
BBC   |   Thu, 20 Oct 2016 12:35:49

Davis warns EU partners not to weaken the City

Brexit minister says move would backfire and destabilise markets
FT   |   Thu, 20 Oct 2016 11:47:38

MPs debate stripping Philip Green of his knighthood - Politics live

Rolling coverage of the day's political developments as they happen, including the Commons debate on Sir Philip Green David Davis's Brexit questions in Commons - Summary 12.26pm BST Richard Fuller, the Conservative MP, is speaking now. He is moving the amendment saying Philip Green should lose his knighthood. (See 9.07am.) ...
Andrew Sparrow / Guardian   |   Thu, 20 Oct 2016 11:26:44

Brexit News Archive: 21 Oct 2016     |     enquire