Brexit News Archive: 04 Nov 2016

What Brexit Means For The Euro

BY JERRY L. JORDAN -- The decision by a majority of British voters will have significant implications for the viability of the euro.
Capital Flows, Contributor / Forbes   |   Fri, 4 Nov 2016 19:55:00

Brexit roadmap: What happens next after shock court ruling

The road to Brexit just got even bumpier after a bombshell court ruling. Here's what will happen now.
CNN   |   Fri, 4 Nov 2016 19:50:36

Italy's economic pain becomes Canada's gain

Unlike Brexit-bound Britain and Donald Trump's vision of America, Canada has no intention of shutting its borders
ERIC REGULY / Globe and Mail   |   Fri, 4 Nov 2016 19:42:50

4 factors that could put the brakes on Brexit

CNN   |   Fri, 4 Nov 2016 19:22:13

Sterling gains as fears of hard Brexit ease

Blow to May as MP quits and High Court judges face Leave fury
FT   |   Fri, 4 Nov 2016 19:11:16

Brexit court ruling exposes bitter divide in the UK

MP resignation, tabloid anger, and angry hashtags, a day after judges rule Brexit needs parliamentary approval.
Al Jazeera   |   Fri, 4 Nov 2016 18:39:58

Sterling soars on Trump jitters and Brexit hopes

Political upheaval helps pound end week almost 3% higher against US dollar - its best performance since October 2009 Speculation that the UK could avoid a hard Brexit from the European Union, and fears that Donald Trump might snatch a last-minute victory in the race for the White House, have ...
Larry Elliott / Guardian   |   Fri, 4 Nov 2016 18:29:36

Liverpool opens Brexit Britain's 'link to the world'

New £400m container terminal aims to dominate shipping trade with the Americas
FT   |   Fri, 4 Nov 2016 18:03:28

The High Court's ruling means a better Brexit

The High Court has ruled that the government cannot trigger Article 50 to start the process of leaving the EU without an act of parliament. Unless and until the Supreme Court overturns that decision, that is now the law. The row that ... Continue reading →
Flip Chart Fairy Tales   |   Fri, 4 Nov 2016 18:02:04

Brexit: May 'confident' of winning Article 50 case appeal

Theresa May tells EU leaders she believes she will win an appeal against a court ruling on Article 50.
BBC   |   Fri, 4 Nov 2016 17:39:07

How EU is tooling up for Brexit

CNN   |   Fri, 4 Nov 2016 17:36:30

Spread up to post-Brexit high of 162 (2)

Rome, November 4 - The spread between Italian and German 10-year bonds, a gauge of Italy's borrowing costs and investor confidence, closed eight points up on a post-Brexit high of 162 points Friday compared to Thursday's close of 154 points. The yield surged to 1.751%. The spread has risen this ...
Gazzetta Del Sud   |   Fri, 4 Nov 2016 17:29:00

A ruling in Belfast makes the high court's Brexit decision even more complicated than you think

Ms Jane Campbell / Shutterstock.com Article 50 of the Treaty of the European Union is certainly generating its fair share of headaches. The latest has been brought on by a ruling by the High Court of Justice in England that says the British government cannot invoke the article, triggering Brexit ...
Joanne Hunt, Reader in Law, Cardiff University / The Conversation   |   Fri, 4 Nov 2016 17:11:20

Brexit Is Even More Complicated After Court Ruling

If investors think the British High Court's ruling Thursday made Brexit less likely, they will probably be disappointed, Stephen Fidler writes. The odds are that the court's decision will just make Brexit messier.
WSJ   |   Fri, 4 Nov 2016 17:04:28

WSJ City's Brexit Briefing: May Reassures Over Article 50, Brexit's Getting Messier

Good afternoon from London. Here's essential reading for the City on today's Brexit developments from WSJ City. For updates throughout the day, you can download WSJ City for iPhone here or Android here. You'll need to open this email on your mobile device to do this. And you can sign ...
MoneyBeat   |   Fri, 4 Nov 2016 16:55:56

US sports anchor Gina Miller abused in Brexit mix up

A US sports TV presenter is flooded with online abuse after being mistaken for the Brexit campaigner Gina Miller.
BBC   |   Fri, 4 Nov 2016 16:51:49

Court ruling will not delay Britain's Brexit timetable

A court decision demanding that MPs have more say over Britain's exit from the European Union will make no difference to the government's timetable to quit the bloc, British Foreign Secretary Boris Jo
euronews   |   Fri, 4 Nov 2016 16:40:08

Words of the year: 'Brexit,' 'Trumpism'

So it turns out Britain's voters aren't the only ones backing Brexit. The term -- a fixture in headlines around the world throughout 2016 -- has been named Word of the Year.
CNN   |   Fri, 4 Nov 2016 16:36:19

Could pro-Remain MPs and peers scupper Brexit?

If the government has to put legislation to trigger Article 50 to the vote - could pro-Remain MPs see off Brexit?
BBC   |   Fri, 4 Nov 2016 16:09:14

High Court ruling on Brexit invokes rage on social media

A High Court ruling concerning Brexit has angered the U.K. press and public; many expressed their frustration on social media.
CNBC   |   Fri, 4 Nov 2016 15:39:00

Wetherspoon boss Tim Martin: 'The EU became a quasi-religion, and universities are the modern-day seminaries'

The founder of the no-nonsense pub chain is famous for his Brexit beermats - but does not share in the fury over this week's high court decision, and is all for migration. So what does drive this multi-millionaire bar-room philosopher? Every time I interview a Brexiteer, I come away more ...
Decca Aitkenhead / Guardian   |   Fri, 4 Nov 2016 15:32:45

Billionaire Hedge Fund Manager Dan Loeb Is Treating Election Day Like Brexit 2.0

Billionaire Daniel Loeb is increasing his hedges and lowering his overall market exposure ahead of Tuesday's presidential election, treating the vote in the same way he positioned for Brexit.
Antoine Gara, Forbes Staff / Forbes   |   Fri, 4 Nov 2016 15:16:00

The Brexit verdict

Who are the 11 Supreme Court justices expected to preside over the government's appeal against the High Court ruling that Article 50 cannot be invoked without Parliament's support?
BBC   |   Fri, 4 Nov 2016 14:53:30

Spread rises back to 160 (2)

Rome, November 4 - The spread between Italian and German 10-year bond yields, a measure of market confidence in Italy, rose back to 160 basis points Friday. The yield rose to 1.732%. The spread has been as high as 162, a new post-Brexit high, this week amid fears of a ...
Gazzetta Del Sud   |   Fri, 4 Nov 2016 14:52:00

UK's May tells EU Brexit timetable 'unchanged' despite shock ruling

British Prime Minister Theresa May on Nov. 4 told European leaders that her March deadline for triggering Brexit negotiations "remains unchanged" despite a court ruling that she first needs parliament's approval, AFP reported.
Hurriyet   |   Fri, 4 Nov 2016 14:35:10

UK's Johnson: Court ruling won't interfere with Brexit plans

BERLIN (AP) - A court ruling requiring a greater say for lawmakers in Britain's exit from the European Union shouldn't derail the government's timetable, the British foreign secretary said Friday. His German counterpart called for negotiations to start "as soon as possible."
Associated Press   |   Fri, 4 Nov 2016 14:29:06

What Brexit Britain wants from India

Prime Minister Theresa May is visiting India on her first official visit outside Europe in the hunt for trade.
CNN   |   Fri, 4 Nov 2016 14:01:02

Brexit court ruling: Scenarios that may unfold in Britain

LONDON (AP) - A High Court ruling that Britain's Parliament must give approval before Prime Minister Theresa May triggers the formal process of taking Britain out of the European Union has cast some uncertainty over Brexit.
Associated Press   |   Fri, 4 Nov 2016 13:53:41

Q&A: The big issues around Brexit now

CNBC looks at Brexit's big questions since Thursday's High Court ruling that lawmakers must be involved in the U.K.'s European Union exit process.
CNBC   |   Fri, 4 Nov 2016 13:12:00

U.K. tabloids spew hatred over Brexit court ruling

Britain's biggest newspapers are going after the judges who delivered a shock Brexit ruling and the woman who brought the case.
CNN   |   Fri, 4 Nov 2016 12:39:55

U.K's Phillips Quits Over May's Handling of Brexit

Stephen Phillips, a lawmaker from Prime Minister Theresa May's Conservative Party, said he is resigning his seat with immediate effect over policy differences with the current government." Phillips, a lawyer who works as a judge as well as sitting in the House of Commons, campaigned for Brexit, but protested at ...
OANDA   |   Fri, 4 Nov 2016 12:13:37

Tory MP Stephen Phillips resigns over Brexit

Eurosceptic was angered by government's attempt to bypass parliament on Article 50
FT   |   Fri, 4 Nov 2016 12:04:45

Germany's Deutsche Bahn shelves plan to sell UK unit shares

BERLIN (AP) - German railway operator Deutsche Bahn is shelving plans to sell shares in its British unit Arriva on the London Stock Exchange following Britain's vote to leave the European Union.
Associated Press   |   Fri, 4 Nov 2016 12:00:59

May To Juncker - Brexit's Still On, Court Case And Parliamentary Vote Or Not

Theresa May, the British Prime Minister, is making clear that Brexit, the process of Britain leaving the European Union, is still on whatever the result of the court case or the requirement for a vote in Parliament. And she's making this case to Juncker, one of the various Presidents of ...
Tim Worstall, Contributor / Forbes   |   Fri, 4 Nov 2016 11:36:00

What Happens After Brexit Court Ruling?

The High Court in London has ruled that the British government requires parliamentary approval to trigger the process of exiting the European Union. The government, which had planned to start the EU divorce without going through parliament, said it would appeal against the ruling and the Supreme Court has set ...
OANDA   |   Fri, 4 Nov 2016 11:32:13

May Reassures EU That High Court Ruling Won't Derail Brexit

Prime Minister Theresa May will tell European Union officials on Friday that a court ruling requiring a parliamentary vote will not derail her timetable for Britain to leave the bloc. May's aides say she will appeal the decision by the High Court, which said that the government must get parliamentary ...
OANDA   |   Fri, 4 Nov 2016 11:30:08

Tory MP Stephen Phillips Resigns With Immediate Effect

Tory MP Stephen Phillips is resigning from parliament. Phillips is an odd one, a Leaver who has become a help to those trying to obstruct Brexit since the referendum, publicly complaining that the government is avoiding parliamentary scrutiny of Brexit. He is quitting with immediate effect: You read it here ...
Guy Fawkes' blog   |   Fri, 4 Nov 2016 11:13:50

May's Brexit woes prompt snap election speculation

PM may be tempted by early poll if MPs try to delay Article 50 - but there are pitfalls
FT   |   Fri, 4 Nov 2016 10:25:33

Court ruling throws Brexit process into doubt

Read full story for latest details.
CNN   |   Fri, 4 Nov 2016 10:25:25

UK: Court decision should help rebalance 'hard' and 'soft' Brexit expectations - MUFG

Derek Halpenny, European Head of GMR at MUFG, suggests that yesterday's decision to force the UK government to seek parliamentary consent before trigg
Sandeep Kanihama / FX Street   |   Fri, 4 Nov 2016 10:19:28

Enemies of the people: MPs and press gang up on the constitution over High Court Brexit ruling

How the Daily Mail reported the story. Daily Mail Some of the reaction to the Article 50 judgment in the High Court is frankly frightening. Do pro-Brexit politicians and journalists attach any value at all to what we call the "rule of law" or the "independence of the judiciary"? Or ...
Gavin Phillipson, Professor of Law, Durham University / The Conversation   |   Fri, 4 Nov 2016 10:09:31

British PM to trigger Brexit as planned despite court order

May intends to invoke Article 50 of the Lisbon Treaty, which starts the withdrawal process, by the end of March - her original timetable.
USA Today   |   Fri, 4 Nov 2016 09:48:38

FTSE slides on Brexit and US election fears, with Hikma leading the fallers

Pharmaceutical group drops after cautious note from analysts at HSBC With investors continuing to be unnerved by the prospect of Donald Trump winning next week's US presidential election, leading shares are on the slide again. Pharmaceutical shares are under pressure after US lawmakers called on federal regulators to open a ...
Nick Fletcher / Guardian   |   Fri, 4 Nov 2016 09:43:07

Britain's chance to lead the world away from anti-foreign paranoia: Don Pittis

A British court decision to send Brexit back to Parliament could give the U.K. a chance to lead the world away from a dangerous trend to anti-foreign paranoia.
Don Pittis / CBC   |   Fri, 4 Nov 2016 09:00:00

Brexit Is Even More Complicated After Court Ruling

If investors think the British High Court's ruling Thursday made Brexit less likely, they will probably be disappointed, Stephen Fidler writes. The odds are that the court's decision will just make Brexit messier.
WSJ   |   Fri, 4 Nov 2016 08:50:56

People have already crowdfunded over £75,000 to defend the Article 50 ruling in the Supreme Court

A crowdfunding campaign to pay for the legal defense in the Supreme Court of the ruling that Parliament must have a vote on triggering Article 50 has hit its £75,000 ($93,524) target in less than 24 hours. The High Court ruled on Thursday morning that Parliament must approve the triggering ...
Business Insider   |   Fri, 4 Nov 2016 08:31:27

Brexit: Remainers have a voice

British Prime Minister Theresa May has always accepted that Brexit was going to be hard.
CNN   |   Fri, 4 Nov 2016 08:28:38

Brexit battle moves to parliament

MPs will seek to have their say on the government's negotiating strategy
FT   |   Fri, 4 Nov 2016 08:27:36

Brexit named word of the year by Collins Dictionary

Widely used word to describe Britain's withdrawal from EU was a 'gift to headline writers everywhere,' says Collins.
Al Jazeera   |   Fri, 4 Nov 2016 08:18:12

Markets grapple with fallout if Trump wins

The Brexit playbook may prove helpful to investors if Donald Trump captures the White House
FT   |   Fri, 4 Nov 2016 08:11:01

Brexit: British Judges Defy British People

Yesterday, the High Court in London (third in judicial primacy after Britain's Court of Appeals and Supreme Court) made a stunning ruling against Brexit.The British Government, it said, currently lacks the authority to exit the European Union. To trigger Article 50 of the Lisbon Treaty (effectively the EU Constitution) and ...
National Review   |   Fri, 4 Nov 2016 08:00:30

Theresa May expected to tell EU boss Jean-Claude Juncker Brexit will not be blown off course by High Court ruling on Article 50

Laura Hughes / Telegraph   |   Fri, 4 Nov 2016 07:50:50

Trade relationships with the US ripe for the taking post-Brexit

While the controversial TTIP talks with Europe have stalled, Britain could take advantage by crafting its own imaginative bilaterial economic agreement In a workshop in West Virginia's Appalachian Mountains there is an unlikely source of common ground for Donald Trump and Hillary Clinton. From this humble setting, high-end cabinets are ...
Matthew Chapman / Guardian   |   Fri, 4 Nov 2016 07:00:11

Brexit named word of the year by Collins Dictionary

Widely used word to describe Britain's withdrawal from EU was a 'gift to headline writers everywhere,' says Collins.
Al Jazeera   |   Fri, 4 Nov 2016 06:59:27

Sir James Dyson dismisses EU tariff fears of hard Brexit

It's no catastrophe if Britain can't agree a deal to stay in the single market, says inventor as he pledges to plug UK shortfall of engineers via his new college Sir James Dyson, the billionaire inventor, has said it would not be a if Britain cannot agree a deal to ...
Graham Ruddick / Guardian   |   Fri, 4 Nov 2016 06:00:10

Mark Carney changes his tune as consumers dance on

What a surprise, the great British consumer did not retreat into a bunker after the vote for Brexit in June. He and she kept on eating, drinking and buying houses as if nothing of great significance had happened.
Here Is The City   |   Fri, 4 Nov 2016 05:55:43

BOE's Cunliffe: BOE may tighten bank capital rules after Brexit relief

BOE MPC Member Sir Jon Cunliffe crossed the wires late-Thursday, via Reuters, noting that the British banks are likely to face tighter capital requi
Dhwani Mehta / FX Street   |   Fri, 4 Nov 2016 05:49:41

Newspaper review: Brexit court ruling dominates press

The High Court ruling that the formal process of Britain leaving the EU must have parliamentary approval dominates the pages of Friday's newspapers.
BBC   |   Fri, 4 Nov 2016 05:48:26

UK: Unravelling the "Soft Brexit hopes" - Nomura

Research Team at Nomura, suggests that the hope is a powerful thing, especially when UK's "Soft Brexit" is involved, and that's what the High Court ru
Sandeep Kanihama / FX Street   |   Fri, 4 Nov 2016 05:19:30

Stocks steady, pound jumps on Brexit ruling

Global equity prices, rattled by worries about the US presidential election, steadied yesterday after a UK court ruled that the British Parliament must approve a government decision to trigger Brexit, lifting the pound to a three-week high. US Treasury prices slipped after the Bank of England scrapped plans to cut ...
Reuters / Times of Malta   |   Fri, 4 Nov 2016 05:03:00

Foreign banks face Brexit office dilemma

Goldman can sublet new City HQ but Crédit Agricole and Deutsche weigh London plans
FT   |   Fri, 4 Nov 2016 05:01:22

Article 50 is taken out of May's hands

Decision has undermined the PM's approach to achieving Brexit, says David Allen Green
FT   |   Fri, 4 Nov 2016 05:01:03

May to tell Juncker Brexit plans not derailed by court

The PM is to tell Jean-Claude Juncker Thursday's Article 50 ruling will not derail her Brexit schedule.
BBC   |   Fri, 4 Nov 2016 04:21:29

U.K. government to appeal Brexit ruling handed down by top court

In a landmark judgment that could delay Brexit the British government has vowed to appeal a High Court ruling that it must seek parliament's approval before starting EU exit talks. Three senior judges ruled Thursday that Prime Minister Theresa May's government does not have the power on its own to ...
Japan Times   |   Fri, 4 Nov 2016 03:55:42

British PM Theresa May faces potential MP revolt following Brexit court ruling

UK Prime Minister Theresa May is heading for a rebellion over her Brexit strategy, after this week's bombshell high court ruling that the UK cannot leave the European union without the permission of the British parliament. Thursday's decision, that the government could not press ahead with triggering article 50 of ...
The Guardian / South China Morning Post   |   Fri, 4 Nov 2016 02:12:56

Mastermind of Brexit bombshell

When David Cameron resigned as British Prime Minister in the aftermath of the Brexit vote, a woman stepped up to shape the country's future.
CNN   |   Fri, 4 Nov 2016 01:12:38

Can UK boost trade with India post-Brexit?

A look at the trade relationship between the UK and India. How easy will it be for British companies to tap the enormous Indian market post-Brexit?
BBC   |   Fri, 4 Nov 2016 00:07:42

Newspaper review: Brexit court ruling dominates press

The High Court ruling that the formal process of Britain leaving the EU must have parliamentary approval dominates the pages of Friday's newspapers.
BBC   |   Thu, 3 Nov 2016 23:44:20

OANDA Trading Desk: US Election Risk meets Brexit

OANDA Trading Desk: US Election Risk meets Brexit It is extremely hard to shift focus from anything other the US elections, given the abundance of cacophony and headline risk associated with the event. However, Brexit risk hit the limelight overnight after the High Court ruled against the UK government, which ...
OANDA   |   Thu, 3 Nov 2016 23:36:49

U.K. Lawmakers Must Vote on Brexit, High Court Rules

A U.K. court ruled that the government can't kick off the process of leaving the EU without a vote from Parliament, dealing a blow to Prime Minister Theresa May's strategy for taking the U.K. out of the bloc.
WSJ   |   Thu, 3 Nov 2016 23:26:55

The Atlantic Daily: Split Decisions

What We're Following Brexit's Back: Britain's departure from the European Union is a done deal, but British lawmakers may still have to vote on it. The United Kingdom's High Court has ruled that Prime Minister Theresa May's government doesn't have the authority to initiate a split-based on the results of ...
Rosa Inocencio Smith / The Atlantic   |   Thu, 3 Nov 2016 23:13:30

All Europe will suffer if London loses financial clout, says Bank deputy

Sir John Cunliffe says benefits of London's status as a global financial force could be 'lost to Europe' following Brexit Economies across Europe risk losing out if London's position as a dominant financial centre is threatened as a result of Brexit, a deputy governor of the Bank of England has ...
Jill Treanor / Guardian   |   Thu, 3 Nov 2016 22:59:18

What happened to the BOE's easing bias?

The Bank of England's now neutral bias towards policy reflects the strength of the U.K. economy post-Brexit, says Eurasia Group's Charles Lichfield.
CNBC   |   Thu, 3 Nov 2016 22:53:00

BoE says it may tighten bank capital rules after Brexit relief

LONDON, Nov 3- Banks in Britain may face stricter capital requirements to counter relief given to banks in the immediate aftermath of the June vote to leave the European Union, a top Bank of England official said on Thursday. The banking industry in London is drawing up contingency plans to ...
CNBC   |   Thu, 3 Nov 2016 22:15:00

Teneo hires Cameron spin-doctor Craig Oliver

Downing St communications chief to offer 'strategic advice' on issues including Brexit
FT   |   Thu, 3 Nov 2016 22:06:39

The plot to stop Brexit: the judges versus the people

Peter Dominiczak / Telegraph   |   Thu, 3 Nov 2016 22:00:00

Brexit roadmap: What happens next

Read full story for latest details.
CNN   |   Thu, 3 Nov 2016 21:41:57

How Brexit Could Poison the British Political Agenda for Years

Joergen Oerstroem Moeller Politics, Europe The British public will register the unpleasant picture of a government being chased by its own parliament. On Thursday, a British court threw a spanner into the works of the British government's Brexit tactic, saying that Parliament must be consulted before exit negotiations start. This ...
National Interest   |   Thu, 3 Nov 2016 21:06:00

Brexit roadmap: What happens next after shock court ruling

Read full story for latest details.
CNN   |   Thu, 3 Nov 2016 20:56:14

Court ruling throws Brexit process into doubt

Read full story for latest details.
CNN   |   Thu, 3 Nov 2016 20:49:21

Pound Surges After U.K. Court's Brexit Ruling

The British pound surged after a court ruled that the U.K. government needs parliamentary approval to trigger the process of Britain's exit from the European Union.
WSJ   |   Thu, 3 Nov 2016 20:19:58

Brexit: Ministers vow to fight Article 50 court ruling

The government says it will fight a High Court ruling that could frustrate its timetable for Brexit.
BBC   |   Thu, 3 Nov 2016 20:12:22

Iris Dorbian wrote a new post, PE HUB Second Opinion, on the site PE Hub

U.S. auto-parts maker American Axle & Manufacturing Holdings Inc has agreed to buy Metaldyne Performance Group Inc for about $1.6 billion. A UK court rules that Brexit won't happen unless the British parliament [...]
peHUB   |   Thu, 3 Nov 2016 19:53:12

[Ilya Somin] British court rules that Parliament must approve Brexit

Earlier today, Britain's High Court ruled that the British government cannot initiate the process of leaving the European Union without getting authorization from Parliament. The Lord Chief Justice concluded that the government cannot leave the EU based on the results of the Brexit referendum alone because doing so would be ...
Volokh Conspiracy   |   Thu, 3 Nov 2016 19:52:31

Carney changes his tune as consumers dance on until the music stops | Nils Pratley

Bank of England embarrassingly wrong on Brexit vote economic slowdown but expect its inflation predictions to be surer What a surprise, the great British consumer did not retreat into a bunker after the vote for Brexit in June. He and she kept on eating, drinking and buying houses as if ...
Nils Pratley   |   Thu, 3 Nov 2016 19:48:50

France sets up one-stop shop for businesses fleeing Brexit and looking for new European headquarters

France created a one-stop shop to welcome businesses who want new European headquarters as the U.K. prepares to leave the EU
Mark Deen, Bloomberg News / Financial Post   |   Thu, 3 Nov 2016 19:31:50

GLOBAL MARKETS-Stocks slip on U.S. election nerves, pound up on Brexit ruling

* Facebook drags on Wall St; S&P 500 set to extend losing streak
Reuters   |   Thu, 3 Nov 2016 19:08:31

Pound surges to four-week high after High Court ruling raises hopes of 'soft Brexit' and BoE scraps plans for another rate cut

Telegraph   |   Thu, 3 Nov 2016 18:55:39

Sterling nears $1.25 after government loses Brexit case, BoE report

UK currency on track for best weekly gains since March
Al Arabiya   |   Thu, 3 Nov 2016 18:50:12

The Brief from Brussels: British judges irk Brexiteers with Article 50 ruling

This is the Brief from Brussels, a daily roundup of all the top stories from Europe's de facto political capital.
euronews   |   Thu, 3 Nov 2016 18:50:08

France one-stop shop seeks post-Brexit business

Paris looking to poach EU banking and medicines agencies from London
FT   |   Thu, 3 Nov 2016 18:45:00

A Brexit thunderbolt from the High Court

Court ruling puts parliament centre stage, where it belongs
FT   |   Thu, 3 Nov 2016 18:34:43

Brexit plans in turmoil after court defeat

PM determined to face down revolt by pro-EU MPs
FT   |   Thu, 3 Nov 2016 18:21:30

Bats rides downturn in volumes with higher fees

Exchanges operator beats expectations as Brexit hits EU equity revenues
FT   |   Thu, 3 Nov 2016 18:10:15

Hard-core Brexiters boil over in righteous anger

Leave camp resurrects 'People vs Establishment' rhetoric and braces for new fight
FT   |   Thu, 3 Nov 2016 18:03:39

UK households face squeeze as Bank of England hikes inflation forecasts -as it happened

Rolling coverage of Mark Carney's press conference, after he leaves interest rates unchanged and warns inflation will rise next year Bank of England: What we learned Carney: Not feeling political pressure Carney: Article 50 court ruling is sign of Brexit uncertainty Mark Carney's press conference highlights start here Bank of ...
until 2.35 / Guardian   |   Thu, 3 Nov 2016 17:59:18

Paris fights for businesses fleeing Brexit London

Read full story for latest details.
CNN   |   Thu, 3 Nov 2016 17:53:20

UPDATE 3-BoE ditches rate cut signal after Brexit hit to sterling

LONDON, Nov 3- The Bank of England scrapped its plan to cut interest rates, which it said could now move up or down, and raised its forecasts for 2017 growth and inflation sharply due to the slide in sterling since Britain's vote to leave the EU. The battered pound rose ...
CNBC   |   Thu, 3 Nov 2016 17:48:00

Pound jumps in wake of Brexit ruling

Sterling rises following the High Court ruling on Article 50, while the FTSE 100 falls back.
BBC   |   Thu, 3 Nov 2016 17:46:53

Carney: Brexit ruling part of uncertainty

Mark Carney says a Brexit court defeat for the UK government is "just one of many twists and turns that are likely to happen" as the UK leaves the European Union.
BBC   |   Thu, 3 Nov 2016 17:44:20

Brexit hits speed bump as court rules lawmakers must get say

LONDON (AP) - Britain's plans to leave the European Union hit a large speed bump Thursday, as the High Court ruled that the government can't start exit negotiations without a vote in Parliament.
Associated Press   |   Thu, 3 Nov 2016 17:29:39

UPDATE 3-Sterling surges after Brexit ruling

LONDON, Nov 3- Sterling surged to a four-week high on Thursday after England's High Court ruled that the government needed parliamentary approval to trigger Brexit and the Bank of England scrapped plans to cut interest rates. The court ruling offered hope to markets worried that Prime Minister Theresa May's cabinet ...
CNBC   |   Thu, 3 Nov 2016 17:13:00

Paris fights for businesses fleeing Brexit London

Paris is on a charm offensive, trying to win over businesses fleeing the Brexit chaos.
CNN   |   Thu, 3 Nov 2016 16:54:53

Europe shares end mixed after Brexit ruling; US elections, earnings eyed; Credit Suisse falls 7%

European markets ended mixed on Thursday with investors concerned over Brexit and the U.S. elections.
CNBC   |   Thu, 3 Nov 2016 16:52:00

UPDATE 2-Euro zone yields rise on Brexit ruling, BOE meeting

LONDON, Nov 3- Euro zone government bond yields rose on Thursday, driven by expectations of a U.S. rate rise, a court ruling on Brexit and a change to neutral in the Bank of England's stance on future interest rates. News that the Bank of England had ditched its bias towards ...
CNBC   |   Thu, 3 Nov 2016 16:36:00

High Court Throws a Spanner in the Brexit Works

A high court judge has ruled that Brexit cannot go forward without a vote of Parliament. In a nutshell, the court ruled that since Parliament passed the 1972 law joining the EU, only Parliament can make the decision to leave the EU: The most fundamental rule of the UK's constitution ...
Kevin Drum   |   Thu, 3 Nov 2016 16:14:15

UK court brings Britain's Brexit plans to a screeching halt

LONDON (AP) - Britain's High Court brought government plans for leaving the European Union to a screeching halt Thursday, ruling that the prime minister can't trigger the U.K.'s exit from the 28-nation bloc without a vote in Parliament.
Associated Press   |   Thu, 3 Nov 2016 16:03:33

GLOBAL MARKETS-Stocks steady, pound jumps on Brexit ruling

* Pound surges more than 1 percent as UK govt loses Brexit ruling
Reuters   |   Thu, 3 Nov 2016 16:02:42

Salvini slams UK court Brexit ruling

Milan, November 3 - Anti-immigrant and anti-euro Northern League leader Matteo Salvini on Thursday slammed a British High Court ruling that the UK's parliament must vote on triggering Brexit. "Lack of democracy is not just an Italian peculiarity," he said. "If people vote the way the powers that be
Gazzetta Del Sud   |   Thu, 3 Nov 2016 15:53:00

Govt 'determined' to continue with Brexit plan - May (2)

London, November 3 - British Premier Theresa May said on Thursday the government was to continue with its Brexit plan after the High Court ruled parliament needed to vote on whether the country can start the process of leaving the European Union. The government has "no intention of lett
Gazzetta Del Sud   |   Thu, 3 Nov 2016 15:40:00

Govt 'determined' to continue with Brexit plan - May

London, November 3 - British Premier Theresa May said on Thursday the government was to continue with its Brexit plan after the High Court ruled parliament needed to vote on whether the country can start the process of leaving the European Union. The government has "no intention of lett
Gazzetta Del Sud   |   Thu, 3 Nov 2016 15:24:00

'I feel cheated': Leave voters react

Britain's divorce from the European Union got a whole lot messier on Thursday, when the High Court ruled members of parliament must vote on the process.
CNN   |   Thu, 3 Nov 2016 15:18:10

Trump worries hit dollar; pound boosted by Brexit court ruling

Politics dominated currency markets on Thursday as election worries kept the dollar weak against the yen.
CNBC   |   Thu, 3 Nov 2016 15:17:00

A Blow to Brexit

The U.K. High Court's ruling Thursday that the government does not have the authority to invoke Article 50 of the Lisbon Treaty-the formal mechanism that would begin negotiations for the country's departure from the European Union-is a blow to Prime Minister Theresa May. The ruling, which the government says it ...
Krishnadev Calamur / The Atlantic   |   Thu, 3 Nov 2016 15:16:41

Britain's case to trigger Article 50 without parliamentary approval could end up in the EU's highest court

The government's legal battle to trigger Article 50 without parliamentary approval could be referred to the EU's European Court of Justice (ECJ), according to lawyers. On Thursday, the government lost a case in the UK's High Court which ruled that Prime Minister Theresa May must seek a vote from parliament ...
Business Insider   |   Thu, 3 Nov 2016 15:10:33

Woman behind Brexit bombshell

When David Cameron resigned as British Prime Minister in the aftermath of the Brexit vote, a woman stepped up to shape the country's future.
CNN   |   Thu, 3 Nov 2016 15:04:54

UK car industry risks 'death by thousand cuts' after Brexit vote

Competitiveness and investment in UK sector could be hit by 'slow-burning' impact of vote to leave EU, warns trade body chief British car manufacturing is at risk of "death by a thousand cuts" if companies invest in other countries rather than the UK after the Brexit vote, an industry leader ...
Angela Monaghan / Guardian   |   Thu, 3 Nov 2016 15:01:51

Pound Jumps After Brexit Ruling

BBC.
BBC. / World Affairs   |   Thu, 3 Nov 2016 15:00:24

Will Require a Vote in Parliament, U.K. Court Rules

The High Court decision on negotiations over Britain’s withdrawal from the European Union seemed likely to slow — but not halt — the process.
STEPHEN CASTLE and STEVEN ERLANGER / NY Times   |   Thu, 3 Nov 2016 14:58:14

What happens now after shock ruling

CNN   |   Thu, 3 Nov 2016 14:56:25

Brexit: Remainers have a voice

British Prime Minister Theresa May has always accepted that Brexit was going to be hard.
CNN   |   Thu, 3 Nov 2016 14:54:39

As I've Been Saying The Value Of Sterling Is Largely Determined By Brexit Prospects

This morning we've had the news from the High Court that Parliament must vote on whether to trigger Article 50 or not. I think that's a bad decision there myself--obviously Parliament gets to vote on whatever deal is done but not on how to get there. However, to put that ...
Tim Worstall, Contributor / Forbes   |   Thu, 3 Nov 2016 14:51:00

Brexit roadmap: What happens next

The road to Brexit just got even bumpier after a bombshell court ruling. Here's what will happen now.
CNN   |   Thu, 3 Nov 2016 14:48:48

What happens next after shock Brexit court ruling

The road to Brexit just got even bumpier after a bombshell court ruling. Here's what will happen now.
CNN   |   Thu, 3 Nov 2016 14:47:18

Brexit roadmap: What happens next after shock court ruling

The road to Brexit just got even bumpier after a bombshell court ruling. Here's what will happen now.
CNN   |   Thu, 3 Nov 2016 14:43:44

UPDATE 2-BoE ditches rate cut signal after Brexit hit to sterling

LONDON, Nov 3- The Bank of England scrapped its plan to cut interest rates and said borrowing costs could now move in either direction as the slide in sterling following the Brexit vote prompted it to ramp up its forecasts for growth and inflation in 2017.. The central bank, which ...
CNBC   |   Thu, 3 Nov 2016 14:23:00

A contrarian is betting on UK stocks

As the fallout from Brexit prods investors to flee UK stocks, one investor is betting it's a great time to buy.
CNBC   |   Thu, 3 Nov 2016 14:19:00

Could polls be wrong?

Just when it looked like Hillary Clinton was going to make it through October without a nasty surprise, the FBI revealed it was reviving its investigation into her use of a private email server -- and suddenly her healthy lead in the polls began to wobble.
CNN   |   Thu, 3 Nov 2016 13:56:23

UPDATE 2-Sterling nears $1.25 after government loses Brexit case, BoE report

LONDON, Nov 3- Sterling surged to a four-week high close to $1.25 on Thursday, after England's High Court ruled that the government needed parliamentary approval to trigger Brexit and as the Bank of England scrapped plans to cut interest rates. The court ruling offered hope to investors worried that Prime ...
CNBC   |   Thu, 3 Nov 2016 13:56:00

The Latest: Italian anti-EU leader: Brexit vote should stand

LONDON (AP) - The Latest on U.K. court decision on Brexit (all times local):
Associated Press   |   Thu, 3 Nov 2016 13:48:26

Article 50 court ruling gives investors a shot in the arm

Pound rises against dollar and bank stocks rise as City reacts positively to high court judgment on Brexit but CBI and IoD remain calm The pound jumped on the news that negotiations over Britain's withdrawal from the European Union could be delayed, after the high court rejected government claims that ...
Phillip Inman Economics correspondent / Guardian   |   Thu, 3 Nov 2016 13:48:01

New French 'ambassador': We want to lure UK firms

The French have appointed a team of business leaders to encourage UK firms to move to France, in the aftermath of the Brexit vote. The head of the team explains his role.
BBC   |   Thu, 3 Nov 2016 13:45:06

FX: Currencies on edge ahead of US elections

As the US enters the final week of a long and bitter election, and with the High Court throwing the UK's Brexit plans into doubt, political uncertainty has been the chief driver of the currency markets.
Euromoney   |   Thu, 3 Nov 2016 13:45:00

Opinion: Brexit will happen, but the 48% now have a voice

British Prime Minister Theresa May has always accepted that Brexit was going to be hard.
CNN   |   Thu, 3 Nov 2016 13:41:15

Gold Backs Off On Profit Taking, Brexit News

(Kitco News) - Gold prices are trading solidly lower in early U.S. dealings, on a corrective, profit-taking pullback from this week's good gains that pushed prices to a five-week high on Wednesday. Prices on Wednesday pushed above what was important chart resistance at $1,300.00, but have quickly dropped below that ...
Kitco News, Contributor / Forbes   |   Thu, 3 Nov 2016 13:40:00

Bank of England signals further rate cuts unlikely and lifts 2017 growth forecast

The Bank of England has abandoned plans for further cuts to interest rates as it conceded the economy had stood up to the shock of June's Brexit vote without the sharp slowdown Mark Carney and fellow policymakers had predicted.
Here Is The City   |   Thu, 3 Nov 2016 13:35:25

UK court says parliament must have Brexit say, dealing blow to gov't

England's High Court ruled on Nov. 3 that the British government requires parliamentary approval to trigger the process of exiting the European Union, upsetting Prime Minister Theresa May's Brexit plans.
Hurriyet   |   Thu, 3 Nov 2016 13:35:09

Brexit Court Ruling Further Clouds the Horizon for Companies

For many of the big companies in the U.K. and Europe that had opposed Brexit, the U.K. court ruling that the triggering of Article 50 requires parliamentary approval is far from a glimmer of hope.
WSJ   |   Thu, 3 Nov 2016 13:30:53

BOE under no pressure from UK government: Carney

Mark Carney discusses the Bank of England's relationship with the U.K. government post-Brexit.
CNBC   |   Thu, 3 Nov 2016 13:29:00

UK High Court Rules PM Cannot Trigger Article 50 Without Parliaments Approval

The U.K High Court has ruled that the Government does not have power to trigger Article 50 without parliamentary approval and a vote from MPs. Campaigners have won their battle over Theresa May's decision to use the royal prerogative in her Brexit strategy to start the process of leaving the ...
OANDA   |   Thu, 3 Nov 2016 13:26:54

Reality Check: Could High Court ruling on Article 50 scupper Brexit?

Could the High Court ruling requiring Parliament to approve the triggering of Article 50 mean the UK stays in the EU?
BBC   |   Thu, 3 Nov 2016 13:18:23

BoE's Carney says Article 50 court ruling is example of uncertainty

LONDON, Nov 3 (Reuters) - A court ruling that requires Britain to seek parliamentary approval to trigger the Brexit process is an example of uncertainty that could affect the economy, Bank of England...
Reuters   |   Thu, 3 Nov 2016 13:09:51

A.M. Links: Cubs Win World Series, Presidential Election 5 Days Away, British Court Rules Parliament Must Vote on Brexit

The presidential election is five days away. New poll: Hillary Clinton 45 percent, Donald Trump 42 percent, Gary Johnson 5 percent, Jill Stein 4 percent. Another new poll: Hillary Clinton 47 percent, Donald Trump 45 percent, Gary Johnson 3 percent, Jill Stein 2 percent. The Chicago Cubs beat the Cleveland ...
Hit & Run   |   Thu, 3 Nov 2016 13:00:00

What does today's Article 50 ruling mean for the Government's Brexit plans?

Following the Government's defeat in the High Court over its exclusive right to trigger Article 50, the EU's exit clause, what could happen next? Stephen Booth assesses the fallout. The post What does today's Article 50 ruling mean for the Government's Brexit plans? appeared first on Open Europe .
Open Europe   |   Thu, 3 Nov 2016 12:52:27

The Bank of England got it both wrong and right

Threadneedle Street may have got its forecasts badly wrong after the Brexit vote. Then again, you could say its policies have restored calm and confidence The Bank of England is not much cop at forecasting what will happen to the economy. It proved as much before, during and after the ...
Larry Elliott / Guardian   |   Thu, 3 Nov 2016 12:51:44

Why Brexit might have just been blown off course

A court ruling that any Brexit plan would have to be approved by all U.K. lawmakers has radically changed the outlook for the country's divorce with Europe, according to analysts.
CNBC   |   Thu, 3 Nov 2016 12:51:00

Brexit to Require Parliamentary Approval, Court Rules in Setback for Theresa May

The Guardian. England.
The Guardian. England. / World Affairs   |   Thu, 3 Nov 2016 12:47:56

Nissan's investment decision on post-Brexit UK had to be now, CEO says

Nissan couldn't wait to make its investment decision on its Sunderland plant until the end of Brexit negotiations.
CNBC   |   Thu, 3 Nov 2016 12:46:00

British High Court puts brakes on Brexit, rules Parliament must vote

The High Court in London ruled Thursday that the British government alone cannot start the process of leaving the European Union but requires the approval of Parliament, a landmark judgment that could delay Britain's exit. Three senior judges said Prime Minister Theresa May's government does not have the power itself ...
Japan Times   |   Thu, 3 Nov 2016 12:44:27

Brexiters, Baghdadi, Nutella

High Court ruling that UK government must give parliament a vote on EU divorce process boosts currency markets and pro-EU Britons
FT   |   Thu, 3 Nov 2016 12:42:10

Will the article 50 ruling stop Brexit? | The panel

The high court has spoken: only parliament can trigger article 50, and kickstart Britain's departure from the EU. But can that fate be avoided altogether? Continue reading...
Jonathan Freedland, Anand Menon, Dreda Say Mitchell, Schona Jolly, Tim Farron, David Lammy / Guardian   |   Thu, 3 Nov 2016 12:36:26

Benefits from the UK resetting relationship with Europe and abroad: Carney

The Bank of England Governor Mark Carney discusses the fate of the U.K. economy post-Brexit.
CNBC   |   Thu, 3 Nov 2016 12:36:00

The Latest: EU won't comment on Brexit court ruling

LONDON (AP) - The Latest on U.K. court decision on Brexit (all times local):
Associated Press   |   Thu, 3 Nov 2016 12:27:50

UPDATE 1-BoE drops rate cut signal after Brexit hit to sterling

LONDON, Nov 3- The Bank of England scrapped plans to cut interest rates and said they could move in either direction as it ramped up its forecasts for growth and inflation in 2017 following sterling's slide after the Brexit vote. The central bank, which has come under heavy political criticism ...
CNBC   |   Thu, 3 Nov 2016 12:25:00

Blimey! British Brexit Has a New Hurdle: Parliament Must Approve

© Luke MacGregor / Reuters By Griffe Witte,The Washington PostNovember 3, 2016 LONDON - A senior British court on Thursday dealt a severe blow to Prime Minister Theresa May's plans to begin the process of exiting the European Union early next year, ruling she must get Parliament's approval before she ...
jleo / Fiscal Times   |   Thu, 3 Nov 2016 12:21:58

Bank of England signals further rate cuts unlikely and lifts 2017 growth forecast

BoE holds interest rate at 0.25% and says future moves could go 'in either direction', depending on inflation and economy's performance The Bank of England has abandoned plans for further cuts to interest rates as it conceded the economy had stood up to the shock of June's Brexit vote without ...
Katie Allen / Guardian   |   Thu, 3 Nov 2016 12:16:55

Bank of England stages post-Brexit u-turn as it hikes growth forecast for 2017 and keep interest rates on hold

Ambrose Evans-Pritchard   |   Thu, 3 Nov 2016 12:09:13

UPDATE 1-Euro zone yields rise on Brexit ruling, U.S. hike prospect

* BoE report could signal future rate cuts in UK (Adds court verdict on Brexit, quotes, updates prices)
Reuters   |   Thu, 3 Nov 2016 12:08:38

After the High Court's Brexit decision, forget about activating Article 50 in March

This guest post is by Jolyon Maugham QC, a tax lawyer at Devereux Chambers who writes on tax policy and helped crowdfund the legal action to ensure parliament gets a vote on activating Article 50. Continue reading: After the High Court's Brexit decision, forget about activating Article 50 in March
FT Alphaville   |   Thu, 3 Nov 2016 12:07:27

BOE holds rates, boosts forecasts as post-Brexit economy strengthens

Quarterly forecasts predict less short-term impact from vote to leave EU but warn growth could be hurt over 'protracted period'
PAUL WALDIE / Globe and Mail   |   Thu, 3 Nov 2016 12:05:40

Pound Surges After U.K. Court's Brexit Ruling

The British pound surged after a court ruled that the U.K. government needs parliamentary approval to trigger the process of Britain's exit from the European Union.
WSJ   |   Thu, 3 Nov 2016 12:02:17

Boris makes 'Titanic' Brexit comment at awards ceremony

Foreign Secretary Boris Johnson prompts laugher by predicting a "Titanic success" of Brexit.
BBC   |   Thu, 3 Nov 2016 11:58:39