Brexit News Archive: 07 Nov 2016

Brexit: Former top judge warns over Article 50 appeal

A top judge warns that reversing the court ruling on Brexit would be seen as a victory for demonstrators.
BBC   |   Mon, 7 Nov 2016 23:02:28

Election Eve And Europeans Still Can't Get Their Heads Around Trump

Try as hard as I might, it's a struggle to explain to Brexit-reeling Europeans just how this moment has come about.
David Schrieberg, Contributor / Forbes   |   Mon, 7 Nov 2016 22:22:00

UPDATE 2-U.S. banks gird for Brexit-style tumult following Tuesday's election

Bank preparations ahead of the election reflect their experience following Britain's shock vote to leave the European Union in June, when the S&P 500 fell 3.6 percent the day after the poll. Some banks are projecting a more extreme drop in the event of a victory for Republican Donald Trump, ...
CNBC   |   Mon, 7 Nov 2016 22:09:00

US elections, 'Brexit times ten'? We will find out in just over 24hrs - Westpac

Analysts at Westpac noted that the parallels between the UK referendum and the US election run deep, indeed Trump has described the US election as "Br
Ross J Burland / FX Street   |   Mon, 7 Nov 2016 21:49:53

Mark Boslet wrote a new post, Two thirds of U.K. GPs deferred PE fund launches after Brexit vote, on the site PE Hub

A majority of private equity firms in the United Kingdom and many across the continent delayed fund launches following the Brexit vote, and a sizable number of them anticipate European startups will see less [...]
peHUB   |   Mon, 7 Nov 2016 20:25:55

Brexit still on as planned, says U.K. government

Minister in charge of Brexit says March timetable still in place, despite court ruling The post Brexit still on as planned, says U.K. government appeared first on Macleans.ca .
The Associated Press / Macleans   |   Mon, 7 Nov 2016 18:30:22

May 'clear' on Brexit timescale

Theresa May tells the BBC she is "clear" she expects to be able to trigger Article 50 by March 2017.
BBC   |   Mon, 7 Nov 2016 17:31:33

EUR/GBP bulls attempting a comeback, Brexit u-turn and less dovish BoE

Currently, EUR/GBP is trading at 0.8902, up 0.02% on the day, having posted a daily high at 0.8941 and low at 0.8873. BoE: We no longer expect a rate
Ross J Burland / FX Street   |   Mon, 7 Nov 2016 17:17:16

London Mayor Says Hard Brexit Will Have no Winners

The number one priority for the U.K. government regarding the Brexit negotiations is to come up with a plan that benefits everyone, Mayor of London Sadiq Khan has told CNBC. "The problem with a 'hard Brexit' is there aren't any winners. A 'hard Brexit' is no good for London and ...
OANDA   |   Mon, 7 Nov 2016 17:13:35

City Insider: Gina Miller courts Brexit controversy

Fund manager wins latest struggle; Not All Black at RBS; Gove Pt II
FT   |   Mon, 7 Nov 2016 16:57:56

The US Presidential Election Is Not A Brexit Moment

There have been a number of comparisons drawn from the event risk around the upcoming US presidential election and the Brexit referendum earlier this year. There are a number of similarities, most notably in the market reaction to changing poll [...] The post The US Presidential Election Is Not A ...
Value Walk   |   Mon, 7 Nov 2016 16:31:14

Brexit-like election risk up after stock market rally

Market pros warn that it's still too early to say Clinton has it in the bag.
USA Today   |   Mon, 7 Nov 2016 16:25:08

Brexit all up in the air again; there wil lbe an appeal - BBH

Analysts at Brown Brothers Harriman explained that Brexit would be a daunting task under ideal circumstances, and conditions are far from ideal. Ke
Ross J Burland / FX Street   |   Mon, 7 Nov 2016 16:16:41

El-Erian: The election's 'Brexit argument'

Going "all in" on the post-election market may not have the desired, Brexit-like effect, Mohamed El-Erian warns on CNBC.
CNBC   |   Mon, 7 Nov 2016 14:48:00

'Hard Brexit' won't deliver any winners, London mayor says

The U.K. government should come up with a plan that benefits everyone, Mayor of London has told CNBC when discussing Brexit talks.
CNBC   |   Mon, 7 Nov 2016 13:31:00

May looks to reveal more Brexit detail within weeks

PM considers mapping out broad objectives for key sectors, including financial services
FT   |   Mon, 7 Nov 2016 13:28:54

EU puts UK-Nissan deal under scrutiny

EU regulators contact UK authorities after they gave Nissan "support and assurances" over Brexit.
BBC   |   Mon, 7 Nov 2016 12:20:26

Theresa May's Brexit gambit

May played the prerogative powers card to gain political advantage and push for a "softer" Brexit.
Al Jazeera   |   Mon, 7 Nov 2016 11:43:01

Japan's SoftBank commits to UK post-Brexit

Owner of British chip group Arm underlines aim to increase UK employee numbers
FT   |   Mon, 7 Nov 2016 11:40:42

UK government preparing Brexit legislation to trigger EU exit

The British government is preparing legislation to trigger the procedure to leave the EU, Sky News reported on Monday, despite Prime Minister Theresa May saying she is confident of overturning a court decision that may delay Brexit. May's plans to start the formal divorce procedure from the European Union by ...
Reuters / South China Morning Post   |   Mon, 7 Nov 2016 11:00:07

Walkers And Bird's Eye Are Rather Trying It On With Their Brexit Price Rises

One of the points that it can be difficult to get across to people is that being in favour of markets does not mean being in favour of business. Rather the opposite in fact: being pro-market is an acknowledgement that markets are what temper the capitalist instincts of businesses. This ...
Tim Worstall, Contributor / Forbes   |   Mon, 7 Nov 2016 10:25:00

Moody's: Spanish growth will slow to 2% in 2017 vs. 2.9% in 2016 on Brexit

Headlines crossed the wires from the US-based ratings agency, Moody's Investor Service, noting that the economic growth in Spain will slow to 2% in 20
Dhwani Mehta / FX Street   |   Mon, 7 Nov 2016 10:01:33

Britain's hope for a post-Brexit trade deal with India once again hinges on the condition of relaxed immigration

Britain's post-Brexit trade negotiations with India are at risk of being derailed before they have even begun, thanks to a huge split between the two countries on immigration. Prime Minister Theresa May is in India on an official visit to try and lay the groundwork for a major trade deal ...
Business Insider   |   Mon, 7 Nov 2016 10:01:17

Ryanair boss says air fares will fall up to 15% this winter

Michael O'Leary says more competition is driving cheaper fares but claims UK government's lack of a Brexit strategy is affecting airline Ryanair's chief executive Michael O'Leary said air fares in Europe would fall heavily this winter as he criticised Theresa May for having no strategy for Brexit. Reporting results for ...
Sean Farrell / Guardian   |   Mon, 7 Nov 2016 09:34:57

The pound's High Court Brexit case ruling rally is fading

The pound is slipping against the dollar on Monday morning, with traders reluctant to push sterling much higher after last week's late rally. Sterling climbed close to 2% against the dollar during the final two days of last week after the High Court ruled that Parliament must vote on the ...
Business Insider   |   Mon, 7 Nov 2016 08:16:30

Ryanair raises passenger growth forecast despite Brexit

Ryanair raises its long-term traffic forecast by 10% to 200 million passengers a year by March 2024.
BBC   |   Mon, 7 Nov 2016 07:20:53

Trump: US vote will be

George Fuller / Telegraph   |   Mon, 7 Nov 2016 06:52:14

Price of 20 Unilever products up by average of 5.7% since Brexit vote

Increases of up to 63% on products across big four supermarkets, says research by the Guardian and MySupermarket.com The price of a basket of 20 Unilever products, including Hellman's mayonnaise, Carte D'Or ice cream and Comfort fabric conditioner has risen by an average of 5.7% across the UK's major supermarkets ...
Sarah Butler / Guardian   |   Mon, 7 Nov 2016 06:01:37

'More Europe' can save the EU after Brexit

Britain's departure is an opportunity to address the continent's challenges
FT   |   Mon, 7 Nov 2016 05:28:58

Japan's Asakawa: New BOJ framework is not de facto tapering

A Japanese finance ministry official, Masatsugu Asakawa, was on the wires last hour, via Bloomberg, warning markets over Brexit and China slowdown ris
Dhwani Mehta / FX Street   |   Mon, 7 Nov 2016 02:46:32

Companies Blaming the Election for Their Results Is a Lame Excuse

From the weather to Brexit, companies have a list of excuses; the presidential election is the latest.
Heard on the Street   |   Mon, 7 Nov 2016 00:49:12

Government to respond to High Court Brexit ruling

The government will respond to the court decision to give MPs and peers a vote on triggering Brexit.
BBC   |   Mon, 7 Nov 2016 00:46:23

Article 50 ruling makes business 'more uncertain'

CBI head says employers are concerned about timeframe for Brexit
FT   |   Mon, 7 Nov 2016 00:01:53

VIX: Fear Gauge Or Election Protection?

Prior to this week, the last time the VIX index closed above 20 was in June, just ahead of Brexit. There are some who are looking at the rise in VIX ahead of Brexit and are seeing a lot of similarities to this time. Primarily, that once the election is ...
Peter Tchir, Contributor / Forbes   |   Sun, 6 Nov 2016 21:18:00

India trade trip could be overshadowed by visa row

Visa issues could overshadow Theresa May's attempts to secure the UK's first post-Brexit trade deal in India.
BBC   |   Sun, 6 Nov 2016 20:51:57

May backs judges' independence on Brexit

Theresa May says she values judiciary's independence but government has "strong arguments" to appeal Brexit ruling
BBC   |   Sun, 6 Nov 2016 17:32:55

EU reconsiders financial market access rules

Strengthening 'equivalence' regime would be blow to post-Brexit City and US firms
FT   |   Sun, 6 Nov 2016 17:31:42

Brexit: Labour's Tom Watson says Article 50 'will be triggered'

Labour's Deputy Leader Tom Watson says Article 50 will triggered when it comes to Westminster and Labour will not hold it up.
BBC   |   Sun, 6 Nov 2016 17:05:31

Companies Blaming the Election for Their Results Is a Lame Excuse

From the weather to Brexit, companies have a list of excuses; the presidential election is the latest.
Heard on the Street   |   Sun, 6 Nov 2016 17:01:15

Markets Spotlight: Underpricing Trump

Following the 'Brexit playbook' could help if there is an upset in the US election
FT   |   Sun, 6 Nov 2016 17:00:48

May warns MPs against Brexit block

(ChinaPost.com.tw) - British Prime Minister Theresa May warned lawmakers on Sunday not to block Brexit, after the High Court ruled that she cannot start the process of leaving the European Union without parliament's approval.
The China Post   |   Sun, 6 Nov 2016 16:08:00

Theresa May could call general election if Parliament vote down start of Brexit talks, warns Jeremy Hunt

Christopher Hope / Telegraph   |   Sun, 6 Nov 2016 15:22:36

In wake of controversial court ruling, May warns British politicians against blocking Brexit procedure

Prime Minister Theresa May warned lawmakers Sunday not to block Brexit, after the High Court ruled that she cannot start the process of leaving the European Union without parliament's approval. "MPs and peers who regret the referendum result need to accept what the people decided," May said in her first ...
Japan Times   |   Sun, 6 Nov 2016 13:45:34

Gina who?

Gina Miller has been the lead claimant in the case to get Parliament to vote on the Brexit process - but who is she?
BBC   |   Sun, 6 Nov 2016 13:10:11

U.K.'s May Set for Tricky Trade Talks in India

U.K. Prime Minister Theresa May is traveling to India to make the case for strengthening economic ties with the world's fastest-growing major economy, her first trip focused on expanding trade post-Brexit.
WSJ   |   Sun, 6 Nov 2016 12:49:01

Birds Eye and Walkers ask supermarkets for more than 10% price rise

Brands join Typhoo and Unilever in battle over prices caused by 14.5% drop in value of pound against dollar since Brexit vote Birds Eye fish fingers and Walkers crisps are asking supermarkets for price rises of more than 10%, in the latest standoff between household brands and retailers over the ...
Sarah Butler / Guardian   |   Sun, 6 Nov 2016 12:46:50

Brexit blamed for higher crisp prices

Walkers, Birdseye seek to raise prices or shrink package sizes
FT   |   Sun, 6 Nov 2016 12:46:06

Farage warns of riots if Brexit is blocked

Nigel Farage, the interim leader of the U.K. Independence Party, has warned of civil unrest in Britain.
CNBC   |   Sun, 6 Nov 2016 12:37:00

Nigel Farage and Gina Miller Clash Over Brexit

Nigel Farage and Gina Miller clash over Brexit #marr - The Andrew Marr Show (@MarrShow) November 6, 2016 The post Nigel Farage and Gina Miller Clash Over Brexit appeared first on Guido Fawkes .
Guy Fawkes' blog   |   Sun, 6 Nov 2016 11:46:22

Juncker warns European industry not to cut own Brexit deals

European Commission President Jean-Claude Juncker warned European firms he would block attempts to cut special deals with Britain ahead of formal Brexit negotiations
Hurriyet   |   Sun, 6 Nov 2016 11:41:00

British PM May says country should unite on Brexit plan

LONDON (AP) - British Prime Minister Theresa May has shrugged off an adverse court ruling on the government's plans to leave the European Union and maintains that Brexit will be carried out in full.
Associated Press   |   Sun, 6 Nov 2016 11:34:06

Juncker warns European industry not to cut own Brexit deals

European Commission President Jean-Claude Juncker warned European firms he would block attempts to cut special deals with Britain ahead of formal Brexit negotiations
Hurriyet   |   Sun, 6 Nov 2016 10:55:57

Nigel Farage and Gina Miller clash over Brexit

Nigel Farage clashes with Gina Miller - the woman who brought the Brexit case before the High Court - on the Andrew Marr Show.
BBC   |   Sun, 6 Nov 2016 10:35:54

Parliament must accept Brexit vote: May

Parliament must accept that Britain's vote to leave the European Union was legitimate, Prime Minister Theresa May said on Sunday.
CNBC   |   Sun, 6 Nov 2016 10:34:00

Labour will block Article 50 unless Theresa May agrees to Jeremy Corbyn's 'Brexit bottom line'

Laura Hughes / Telegraph   |   Sun, 6 Nov 2016 09:58:03

Results offer snapshot of Brexit winners and losers

Optimism and windfall gains tempered by pain from plunging pound and persistent doubts
FT   |   Sun, 6 Nov 2016 09:42:44

U.K.'s May Set for Tricky Trade Talks in India

U.K. Prime Minister Theresa May is traveling to India to make the case for strengthening economic ties with the world's fastest-growing major economy, her first trip focused on expanding trade post-Brexit.
WSJ   |   Sun, 6 Nov 2016 07:18:32

PM May's passage to India preparation for pro-Brexit trade freedom

British Prime Minister Theresa May will use her first bilateral trade trip since taking office to try to boost ties with India before leaving the European Union. May's office said the visit starting on Sunday night would focus on breaking down barriers to trade and investment and paving the way ...
Reuters / South China Morning Post   |   Sun, 6 Nov 2016 06:22:36

Theresa May tells MPs: Accept the Brexit vote

British Prime Minister Theresa May told MPs to allow the government to carry out its Brexit plan or risk getting a worse deal in negotiations with the European Union. Writing in The Telegraph, May said the government would stick to its Brexit timetable, which includes starting the formal process to ...
Business Insider   |   Sun, 6 Nov 2016 05:53:36

Gina Miller: Brexit will be 'a disaster'

Fund manager's lawsuit forces parliamentary vote on UK government plans to leave EU
FT   |   Sun, 6 Nov 2016 05:05:48

PM vows to carry out Brexit 'in full' following High Court ruling

Theresa May says the government needs to deliver Brexit, because the people "have made their choice".
BBC   |   Sun, 6 Nov 2016 03:47:20

India warns UK immigration policy could wreck trade deal

Minister deals blow to PM's hopes of post-Brexit talks on eve of visit Theresa May's hopes of a post-Brexit trade deal with India suffered a hammer blow from Delhi as the prime minister prepared to make her first official visit to the country. A spokesman for India's minister of external ...
Daniel Boffey and Vidhi Doshi in Mumbai / Guardian   |   Sun, 6 Nov 2016 00:05:01

Brexit News Archive: 07 Nov 2016     |     enquire