Brexit News Archive: 11 Nov 2016

UK trade deficit widens unexpectedly as exports fall despite pound drop

Goods trade deficit rose in September by £1.6bn to £12.7bn with exports falling by £200m despite many goods being cheaper Britain's trade deficit with the rest of the world widened unexpectedly in September as the sharp fall in the pound since the Brexit vote failed to boost exports. The UK ...
Angela Monaghan / Guardian   |   Wed, 9 Nov 2016 12:59:36

Mark Grant: Trump's win like Brexit

A Donald Trump victory will mean market turbulence in the near term and buying opportunities in the long term, says Mark Grant.
CNBC   |   Wed, 9 Nov 2016 12:41:00

America's Brexit: What Trump means for world trade

World trade was already having a horrible year before Donald Trump won the U.S. presidential election. Now it could get a whole lot worse.
CNN   |   Wed, 9 Nov 2016 12:22:25

UPDATE 4-Tension over Trump short-lived in euro zone bonds

*Biggest daily swings since Britain's Brexit vote. *Italy yields rise as focus switches to referendum. LONDON, Nov 9- Euro zone government bond yields lifted off lows on Wednesday after Donald Trump's shock victory in the U.S. presidential election sparked some of the biggest daily swings in global debt markets since ...
CNBC   |   Wed, 9 Nov 2016 12:08:00

Trump victory: What does it mean for the markets?

Brexit, at least, meant Brexit. Trump means - what exactly?
BBC   |   Wed, 9 Nov 2016 11:55:22

GLOBAL MARKETS-Dollar, stocks, Mexican peso fight back as Trump shock fades

* Asia shares slump, US S&P 500 futures skid in Brexit re-run
Reuters   |   Wed, 9 Nov 2016 11:18:57

Primark feels knock-on effects of Brexit as profit margins dip

But fashion retailer notes good performance of Spanish market, its second largest after Britain
Ramón Muñoz / EL PAÍS   |   Wed, 9 Nov 2016 10:27:52

Bye-bye Miss American Pie...

For a second time this year the unthinkable has happened. Brexit, schmexit, forget it...Donald Trump has taken the election.
IFR   |   Wed, 9 Nov 2016 10:18:00

Why Trump win is like Brexit

A new "Special Relationship" between Britain and the US has emerged: the relationship between Donald Trump and Nigel Farage.
CNN   |   Wed, 9 Nov 2016 10:17:47

That Post-Brexit Sterling Tumble Is, As The Economists Insisted, Boosting The British Economy

There has been much wailing and gnashing of the teeth as the pound crumbles under the weight of the Brexit decision, the insistence that we will be leaving the European Union. There have been absurd predictions, like Nick Clegg insisting that we will have to raise our own import tariffs ...
Tim Worstall, Contributor / Forbes   |   Wed, 9 Nov 2016 10:11:00

Globalisation backlash enters new phase with Trump win

The mogul's victory is likely to mean structural changes for the US economy - and could herald similar shocks worldwide Same story. Different country. Much, much bigger implications. That's the economic message from Donald Trump's victory in the year of shocks. By comparison, Brexit was a sideshow. If 1989 was ...
Larry Elliott Economics editor / Guardian   |   Wed, 9 Nov 2016 10:09:27

GLOBAL MARKETS-Trump win leaves dollar, stocks, Mexican peso reeling

* Asia shares slump, US S&P 500 futures skid in Brexit re-run
Reuters   |   Wed, 9 Nov 2016 10:05:21

FTSE 100 losses after US election nothing like post Brexit vote - analyst

The FTSE 100 has dropped in early deals post the Donald Trump win, says IG market analyst Chris Beauchamp, but nothing like in the same way as post the UK Brexit vote on June 23. The key thing, he says, is what happens next. FTSE 100 fell sharply initially in ...
Proactive Investors   |   Wed, 9 Nov 2016 09:58:00

Sainsbury's warns of uncertainty on prices as first-half sales fall

UK's second biggest supermarket group reports 10% slide in pre-tax profit to 277m in the 28 weeks to 24 September Sainsbury's has warned of an impact on prices from the sharp drop in the value of the pound since the Brexit vote, as it reported a fall in like-for-like sales ...
Angela Monaghan / Guardian   |   Wed, 9 Nov 2016 09:08:09

White House Countdown - President Donald J Trump

Sign up for our daily US politics newsletter here. He called himself "Mr Brexit". He promised a "Brexit times ten". for Donald Trump, he may have undersold it. Trump has upended not just the political world, but the polling industry, the media, prediction markets, the GOP and Democratic establishments and ...
FT The World   |   Wed, 9 Nov 2016 08:20:56

++ Spread rises to 162 points after Trump win ++

Rome, November 9 - The spread between Italy's 10-year BTP State bond and the German equivalent rose to 162 basis points in early trading on Wednesday after Donald Trump won the United States presidential election. It is the highest level since the Brexit referendum in June. The yield on the ...
Gazzetta Del Sud   |   Wed, 9 Nov 2016 08:05:00

Brexit Vs US Election - Deja Vu All Over Again

Remember this... "Never gonna happen... all the experts said.... Well it did!!
Zero Hedge   |   Wed, 9 Nov 2016 08:00:00

GLOBAL MARKETS-Dollar, Mexican peso, stocks topple as Trump heads for White House

* Asia shares slump, US S&P 500 futures skid in Brexit re-run
Reuters   |   Wed, 9 Nov 2016 07:46:48

Op-Ed: What could Trump do to oil?

The market pummelling that we saw post-Brexit serve as a timely reminder for what looks like a Trump victory.
CNBC   |   Wed, 9 Nov 2016 07:34:00

Trump lead helps gold shine

The precious metal sets course for its biggest gain since Brexit vote
FT   |   Wed, 9 Nov 2016 07:07:48

'This is bigger than Brexit': Britain reacts as Donald Trump looks set to be next US president

Michael Wilkinson / Telegraph   |   Wed, 9 Nov 2016 06:45:19

London traders having a 'Brexit Deja Vu' as Trump leads - BofAML

Research Team at BofAML, suggests that there has been a lot of activity all night in terms of volumes, very similar to the Brexit vote night, Athanasi
Sandeep Kanihama / FX Street   |   Wed, 9 Nov 2016 06:30:23

Donald Trump on the brink of US election victory in 'America's Brexit'

Barney Henderson / Telegraph   |   Wed, 9 Nov 2016 06:12:53

Gold - Déj vu all over again

It's Brexit Déj vu for Gold all over again. The metal is up 4% near $1330/Oz levels on account of the Trump-led risk aversion. The action in the yel
Omkar Godbole / FX Street   |   Wed, 9 Nov 2016 05:47:50

Gold surges as Trump surprises in key states

Gold surged the most since the Brexit vote as traders plowed back into haven assets on reports showing surprise victories for Republican Donald Trump in states critical to his White House hopes.
Bangkok Post   |   Wed, 9 Nov 2016 05:17:00

Strong fundamentals in London residential market

Since the Brexit vote, many high-net-worth Thais have shown keen interest in investing in the London residential market and there is never a better time to take the plunge now, according to property consultant JLL.
Bangkok Post   |   Wed, 9 Nov 2016 04:40:00

How the pollsters got the US election wrong - just like Brexit

David Millward / Telegraph   |   Wed, 9 Nov 2016 04:13:28

NY Times Forecasts an 80% Chance of Trump Win - Son of Brexit?

This is just one group's reading of the situation and it is far too soon to call the race, as America's own 'Brexit Moment', but the showing by Trump has to be casting a chill on the American political establishment. And perhaps some doubt on the polling that has been ...
Jesse's Café Américain   |   Wed, 9 Nov 2016 03:22:00

Dow futures plunge as Trump's White House chances brighten

This is what fear of a Donald Trump presidency looks like: Brexit veterans will recognize the shape of tonight's Dow futures financial chart - Anthony Zurcher (@awzurcher) November 9, 2016 Dow futures are now down 450 points . Some experts have predicted that the market could crash if Trump was ...
The Week   |   Wed, 9 Nov 2016 02:36:00

World sees Brexit echoes in Trump support

Howard Fineman, global editorial director of Huffington Post, talks about the international reaction to the developing election results in the United States and the perception that a rejection of globalization is part of Donald Trump's support.
MSNBC   |   Wed, 9 Nov 2016 02:09:24

Britain's Supreme Court schedules Brexit appeal for December

Britain's Supreme Court said on Tuesday it has set aside four days starting on December 5 to hear the government's appeal against a landmark ruling that it must seek parliament's approval to start the Brexit process. All 11 Supreme Court judges will hear the case, which could delay Britain's withdrawal ...
Agence France-Presse / South China Morning Post   |   Wed, 9 Nov 2016 01:10:53

Bank lobby hopes tax data will sway UK's stance in Brexit talks

LONDON, Nov 9- The banking sector in Britain contributed about 5.5 percent of government tax receipts in the year ending in March, the banks' main lobby group said in a report it said underlines the sector's importance as the government prepares for Brexit talks. A report commissioned by the British ...
CNBC   |   Wed, 9 Nov 2016 00:01:00

Stock markets on edge as US presidential election heads for tense climax - live

Will the 2016 race for the White House spring a Brexit-style surprise for the financial world? Follow all the developments live 11.33pm GMT Markets in the US and Europe closed up overnight on the back of that expectation of a Clinton victory, however narrow. The stock market just voted for ...
Martin Farrer in Sydney / Guardian   |   Tue, 8 Nov 2016 23:33:43

Grexit, Brexit, Trump?

As we head into the election, everyone involved in markets is trying to predict how stocks will perform on the results. When the Clinton e-mail scandal bubbled up again, the stock market lost ground for nine straight days, the longest losing streak since 1980. Since the probe has allegedly ended, ...
Bryan Rich, Contributor / Forbes   |   Tue, 8 Nov 2016 23:19:00

Stock markets on edge as US presidential election heads for tense climax - live

Will the 2016 race for the White House spring a Brexit-style surprise for the financial world? Follow all the developments live 11.14pm GMT Hello and welcome to live coverage of market reaction to the US presidential election. This could be a momentous day not just for the American economy but ...
Guardian Business Blog   |   Tue, 8 Nov 2016 23:15:17

GBP: Court decision to reshape 'hard' and 'soft' Brexit expectations - Nomura

Analysts at Nomura noted that the recent decision to force the UK government to seek parliamentary consent before triggering Article 50 was certainly
Ross J Burland / FX Street   |   Tue, 8 Nov 2016 20:10:10

Gordon Brown: We need a Brexit deal that heals the north-south divide

By giving more power to the regions, we can create a confident, more equal and outward-looking Britain It's official. The north-south divide in Britain is now wider than at any time since the beginning of the industrial revolution - wider than when Charles Dickens was writing about Victorian squalor, and ...
Gordon Brown / Guardian   |   Tue, 8 Nov 2016 19:38:24

Brexit blows $31B hole in British budget

The U.K. government is facing a 25 billion hole in its finances because growth will slow as a result of Brexit, the Institute for Fiscal Studies said.
CNN   |   Tue, 8 Nov 2016 18:53:26

4 Brexit-inspired financial survival tips to thrive after election

I've been living in "Brexit Britain," and the sky hasn't fallen. There are steps to take.
USA Today   |   Tue, 8 Nov 2016 18:02:15

Trump Win Could Catapult VIX 60% Higher

How high would a win for Republican send the CBOE Volatility Index? Based on what happened in the wake of "Brexit," in June, the fear gauge should climb to at least 40% higher than Monday's close and likely more than 60%, said Michael Purves, head of equity derivatives research, at ...
MoneyBeat   |   Tue, 8 Nov 2016 17:21:29

EU leaders plan to meet next month to discuss Brexit without UK - Politics live

Rolling coverage of all the day's political developments as they happen Lunchtime summary Afternoon summary 5.07pm GMT 5.03pm GMT Theresa May was not invited to a European Union summit in Bratislava soon after she became prime minister. She will have to get used to it. EU leaders are planning a ...
Andrew Sparrow / Guardian   |   Tue, 8 Nov 2016 17:07:02

Brexit Vs US Election Odds: Then And Now

As Ladbrokes notes, Trump's a long-shot with odds at 22%... But so was Brexit... "Never gonna happen... all the experts said.... BREXIT odds on morning of June 23:1/4 REMAIN3/1 LEAVE Current #ElectionDay odds:1/4 CLINTON3/1 TRUMP - Ladbrokes Politics (@LadPolitics) November 8, 2016 Deja vu?
Zero Hedge   |   Tue, 8 Nov 2016 17:00:32

WSJ City's Brexit Briefing: Toblerone Goes on a Diet, Will US Election Be Brexit Times 10?

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   |   Tue, 8 Nov 2016 16:41:32

UK top court likely to rule on parliament's Brexit role in New Year

Britain's Supreme Court is likely to make its Brexit ruling in the New Year.
CNBC   |   Tue, 8 Nov 2016 16:38:00

U.K. Supreme Court greenlights government's appeal of Brexit ruling

Seeking Alpha / Seeking Alpha   |   Tue, 8 Nov 2016 16:12:59

Brexit blows $31 billion hole in British budget

The U.K. government is facing a 25 billion hole in its finances because growth will slow as a result of Brexit, the Institute for Fiscal Studies said.
CNN   |   Tue, 8 Nov 2016 16:06:32

Brexit court ruling appeal date set for 5 December

The government appeal against a ruling that MPs must approve Brexit talks will start on 5 December.
BBC   |   Tue, 8 Nov 2016 15:48:21

Dong Energy puts £1.5bn oil and gas arm up for sale as Brexit delays wind farm deal

Telegraph   |   Tue, 8 Nov 2016 15:44:42

UPDATE 3-Banks, brokers gird for Brexit-style tumult following Tuesday's election

As the outcome of the most bitterly fought U.S. presidential elections starts to roll out by Wednesday in Asia, the regional markets will the first to trade on the results. As a result, Asia- focused banks HSBC and Japan's Nomura Holdings Ltd are among institutions boosting staff levels, while others ...
CNBC   |   Tue, 8 Nov 2016 15:19:00

An avalanche of higher costs in the U.K. has shrunk the craggy Alpine shape of Toblerone bars

A Brexit-battered pound is also squeezing retailers, leading to 'shrinkflation': companies will cut the sizes of their products rather than increase prices
Bloomberg News / Financial Post   |   Tue, 8 Nov 2016 14:53:00

ABF reports Brexit boost from weaker sterling

Sugar business will benefit but sterling rate will hit profitability at Primark
FT   |   Tue, 8 Nov 2016 14:46:29

Doubts rise over whether UK retailers can absorb the Brexit price hikes

U.K. retailers promised not to increase prices, such guarantees are unsustainable, analysts say
CNBC   |   Tue, 8 Nov 2016 14:18:00

Scotland to intervene in Brexit case

The Scottish government will attempt to intervene in the UK government's appeal to the Supreme Court over the triggering of Article 50.
BBC   |   Tue, 8 Nov 2016 12:53:06

Toblerone mountain design change triggers consumer outcry

Mondelez says new shape reflects rising costs in wake of Brexit vote
FT   |   Tue, 8 Nov 2016 12:43:18

Maurice Levy: 'A lot of our clients ask if they should move their corporate headquarters to continental Europe' because of Brexit

Publicis Groupe CEO Maurice Levy said he believes Brexit will be a of uncertainty for Britain. The ad agency holding company chief was speaking at Web Summit in Lisbon today, in front an audience of about 2,000. "We are seeing a lot of our clients ask if they should move ...
Business Insider   |   Tue, 8 Nov 2016 12:38:01

Polish professionals consider future after Brexit vote

White-collar workers in London suddenly feel unwelcome in their adopted home
FT   |   Tue, 8 Nov 2016 12:37:54

Toblerone changes shape of its iconic chocolate bars in the UK, but denies Brexit link

U.K.-based lovers of Toblerone chocolate bars have been left upset with modifications to the product's shape in response to inflation.
CNBC   |   Tue, 8 Nov 2016 11:54:00

May plays down IFS Brexit warnings, saying 'fundamentals of economy are very strong' - Politics live

Rolling coverage of all the day's political developments as they happen 11.38am GMT Theresa May has also been speaking to the BBC in India. She was specifically asked about today's IFS report (see 10.33am), but played down its warnings about Brexit leading to prolonged austerity. In response to a question ...
Andrew Sparrow / Guardian   |   Tue, 8 Nov 2016 11:53:09

Markets Freeze Ahead of Fractious Presidential Vote

Tuesday November 8: Five things the markets are talking about With the gap in U.S election polling still within the margin of statistical error, is the current risk rally in markets ahead of voting a little premature? It fells like Brexit deja vu all over again for capital markets - ...
OANDA   |   Tue, 8 Nov 2016 11:31:04

Only survey that correctly predicted Brexit says Clinton wins U.S. election

London-based tech start-up Qriously calls U.S. election for Clinton.
USA Today   |   Tue, 8 Nov 2016 11:25:51

Ireland's food producers struggle to digest Brexit

Sterling's plunge against the euro is wiping out profits from exports to UK
FT   |   Tue, 8 Nov 2016 11:06:50

Theresa May says migration curbs won't damage trade

Theresa May insists the UK can increase international trade while curbing immigration after Brexit.
BBC   |   Tue, 8 Nov 2016 10:59:59

City Insider: Gina Miller courts Brexit controversy

Fund manager wins latest struggle; Not All Black at RBS; Gove Pt II
FT   |   Tue, 8 Nov 2016 09:47:45

Op-Ed: From Brexit to the US elections ... it's not always black and white

Judging by the moves after the FBI cleared Hillary Clinton - she wins and equities go up. But is there any real logic for this binary conclusion?
CNBC   |   Tue, 8 Nov 2016 08:50:00

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

Ryanair's chief executive has said fares in Europe will fall heavily this winter as he criticised Theresa May for having no strategy for Brexit.
Here Is The City   |   Tue, 8 Nov 2016 08:02:04

M&S axes stores and absorbs Brexit price hikes

The clothing and food retailer said it would close about 30 full line UK stores and change around 45 stores to only sell food.
CNBC   |   Tue, 8 Nov 2016 07:43:00

Gold: key trends helping the metal keep its shine

Investors are buying gold amid uncertainty over Brexit and the US election, but high prices and changing tastes may hit sales Gold has long thrived on bouts of uncertainty and right now markets have uncertainty in spades. The Brexit vote in Britain, the prospect of Donald Trump as US president ...
Katie Allen / Guardian   |   Tue, 8 Nov 2016 07:00:08

Donald Trump calls on white working class to hand him a US-style Brexit

Ruth Sherlock / Telegraph   |   Tue, 8 Nov 2016 06:55:54

UK's Brexit trade talks with Europe will be very tough: WTO chief

"The first thing we need to do is define what a hard Brexit is...I think that the less turbulence you have in this process the better."
CNBC   |   Tue, 8 Nov 2016 06:44:00

UPDATE 3-Banks, brokers gird for Brexit-style tumult following Tuesday's election

As the outcome of the most bitterly fought U.S. presidential elections starts to roll out by Wednesday in Asia, the regional markets will the first to trade on the results. As a result, Asia- focused banks HSBC and Japan's Nomura Holdings Ltd are among institutions boosting staff levels, while others ...
CNBC   |   Tue, 8 Nov 2016 06:33:00

In Brexit Britain there will be no benefit caps for the multinationals | Aditya Chakrabortty

Theresa May's deal with Nissan is a foretaste of a future in which welfare will be for businesses, not struggling families Take back control. Those three words now govern our politics. They sum up why Britain is leaving Europe, and they make up the yardstick by which Theresa May will ...
Aditya Chakrabortty / Guardian   |   Tue, 8 Nov 2016 06:00:06

City lobby group wants 'no change' Brexit deal

Manduca's stance at odds with government's starting point of leaving single market
FT   |   Tue, 8 Nov 2016 05:31:14

White-collar workers feel Poles apart in London

Worried professionals consider their future after Brexit vote
FT   |   Tue, 8 Nov 2016 05:30:03

US election risks for equities and commodities markets - Westpac

Research Team at Westpac, lists down the US election risks for equities and commodities markets by taking reference from the recent Brexit scenario.
Sandeep Kanihama / FX Street   |   Tue, 8 Nov 2016 05:12:31

Berlin claims post-Brexit success in luring start-ups

German capital says five have relocated from London and dozens more may follow
FT   |   Tue, 8 Nov 2016 05:00:06

US election risks for FX markets: The Brexit lessons - Westpac

Research Team at Westpac, lists down the US election risks for FX markets by taking reference from the recent Brexit scenario. Key Quotes "GBP trade
Sandeep Kanihama / FX Street   |   Tue, 8 Nov 2016 04:32:22

US election risks: The Brexit lessons - Westpac

Research Team at Westpac, suggests that the parallels between the UK referendum and the US election run deep and lists down the lessons for markets th
Sandeep Kanihama / FX Street   |   Tue, 8 Nov 2016 04:03:14

Possibility of Election Day 'Brexit'

No one can afford to take the presidential election for granted, political veterans and analysts told CNBC's "Power Lunch" on the eve of Election Day.
CNBC   |   Mon, 7 Nov 2016 23:24:00

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

A Call to American Friends on the day of the US Presidential Election

By Thomas Seibert and Yanis Varoufakis, members of DiEM25's Coordinating Collective As in the case of Brexit, we refuse to respond in a binary manner (remain or leave, Clinton or Trump) to the question facing voters.For us, Clinton and Trump ... Continue reading →
Yanis Varoufakis   |   Mon, 7 Nov 2016 22:38:10

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

Government could pass a law paving the way for Britain to leave the European Union within weeks

Michael Wilkinson / Telegraph   |   Mon, 7 Nov 2016 18:38:10

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

El-Erian Cautions of Using Brexit Arguments to Discuss US Election

The argument that the U.S. election will have Brexit-like effects and that investors should invest heavily in a major market dip should be approached with caution, economist Mohamed El-Erian told CNBC on Monday. "I would caution about the Brexit argument. The Brexit argument is go in there immediately because it ...
OANDA   |   Mon, 7 Nov 2016 17:10:55

Brexit must happen on time, Theresa May insists

Theresa May says she is "clear" that talks on quitting the EU will start by the end of March.
BBC   |   Mon, 7 Nov 2016 17:03:47

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

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

Michael O'Leary says more competition is driving cheaper fares but bemoans UK government's lack of Brexit strategy Ryanair's chief executive has said fares in Europe will fall heavily this winter as he criticised Theresa May for having no strategy for Brexit. Reporting results for the first half of the year, ...
Sean Farrell / Guardian   |   Mon, 7 Nov 2016 15:23:26

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

HSBC calls for Theresa May to clarify status of EU nationals

Bank wants government to end uncertainty for 2,000 staff members as it reveals profits have halved in first nine months of year to $10.6bn HSBC has called on Theresa May's government to clarify the position of EU nationals working in the UK because of the uncertainty caused by the Brexit ...
Jill Treanor / Guardian   |   Mon, 7 Nov 2016 12:01:55

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

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 11:07:16

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

Donald Trump's American Brexit

Image credit: istockFeaturedvia Boston Globe Could Donald Trump become the 45th president of the United States?
Hoover Institution   |   Mon, 7 Nov 2016 09:33:00

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

WSJ City: Chatham House's Brexit Warning; HSBC Swings to Loss; US Dollar's Pre-Election Rally

Good morning from London. Here's essential reading for the City today 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 on your mobile device to do this. And you can sign up to receive this ...
MoneyBeat   |   Mon, 7 Nov 2016 07:38:01

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

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

4 Brexit-inspired financial survival tips to thrive after election

I've been living in "Brexit Britain," and the sky hasn't fallen. There are steps to take.
USA Today   |   Sun, 6 Nov 2016 14:00:27

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