Brexit News Archive: 19 Nov 2016

Philip Hammond must signal genuine change, not tinker at the edges | John McDonnell

The chancellor cannot just blame Brexit in the autumn statement - many of the problems we face were introduced by his predecessor's heavy-handedness The autumn statement on Wednesday will be the first time in 10 years George Osborne will be nowhere in sight for a major fiscal event. There will ...
John McDonnell / Guardian   |   Sat, 19 Nov 2016 21:00:18

What Donald Trump's Stunning Upset Means for Markets

By Frank Holmes via Call it Brexit 2.0: American Edition. Like their British counterparts, who voted in June to cut ties with the European Union (EU), American voters resoundingly rejected globalism last week, calling into question the United States' involvement in military alliances such as the North Atlantic Treaty ...
ETF Trends   |   Sat, 19 Nov 2016 12:00:26

German businesses in UK worry about Brexit's impact on their market

Birmingham's Christmas stalls are thriving but the future looks uncertain for many German firms trading in Britain Birmingham's Christmas market is thriving. Crowds of people are drinking glühwein, eating bratwurst and enjoying the traditional atmosphere of the kind found at this time of year in Dresden, Nuremberg or Leipzig. The ...
Anna Lehmann / Guardian   |   Sat, 19 Nov 2016 08:00:03

Fix your mortgage rate now if you're worried about Trump and Brexit

Amid all the uncertainty in the UK and US, borrowers want security with their mortgage repayments. But fixed-rate deals could be on the way up Good news: figures issued this week revealed that mortgages are more affordable than they have ever been. Bad news: Donald Trump's US election win is ...
Rupert Jones / Guardian   |   Sat, 19 Nov 2016 07:00:02

Drop Brexit case appeal, senior Tories urge May

Theresa May should drop plans to appeal against the Brexit court ruling, leading Conservatives say.
BBC   |   Sat, 19 Nov 2016 05:45:21

Brexit And Donald Trump, A Global Trend?

Please note that due to the (U.S.) Thanksgiving holiday, the next Asia Weekly update will be published on December 1, 2016. Is the election of Donald Trump the latest example, following on from the Brexit vote and the success of [...] The post Brexit And Donald Trump, A Global Trend? ...
Value Walk   |   Fri, 18 Nov 2016 23:26:28

Nicola Sturgeon could halt Brexit through ruling in European court, claims barrister behind High Court case

Simon Johnson / Telegraph   |   Fri, 18 Nov 2016 22:01:00

Why the Trexit debate?

There have been many articles about "Trexit" in the Turkish media since President Recep Tayyip Erdoan raised the possibility of a referendum on Ankara's EU membership bid. The term, of course, is derived from "Brexit," and implies that Turks will vote their way out of the EU, just as the ...
Hurriyet   |   Fri, 18 Nov 2016 21:15:55

M&A: Can The Momentum Be Trumped?

Conventional wisdom would state that political uncertainty, such as a tumultuous U.S. presidential election season, dampens appetites for M&A. Not true, according to the latest Intralinks Deal Flow Predictor. In fact, despite Brexit and the surprise U.S. election results, the total number of global announced deals will increase by 3 ...
Matt Porzio, Contributor / Forbes   |   Fri, 18 Nov 2016 19:29:00

Bringing home the bacon? Price of pork hits two-year high

Analysts report 18% increase in wholesale price of pork as food manufacturers and retailers face commodity price swings and weak sterling after Brexit vote Pigs in blankets might have to be rationed round the Christmas dinner table next month after the price of pork hit a two-year high. Analysts are ...
Zoe Wood / Guardian   |   Fri, 18 Nov 2016 19:12:55

Nicola Sturgeon allowed to join Supreme Court case which could block Theresa May's Brexit plans

Steven Swinford / Telegraph   |   Fri, 18 Nov 2016 18:02:57

Ranked: World Leaders With the Best Nicknames

From "The Donald" to "Mr. Brexit," America's president-elect is a man of a thousand nicknames. After this week's turmoil on the transition team, the Secret Service might consider calling him "The Indecider." But Donald Trump is hardly the only world leader with a clever moniker. Here are a few of ...
Matt Peterson / The Atlantic   |   Fri, 18 Nov 2016 17:58:01

Reality Check: Will we send money to Brussels after Brexit?

Is the German finance minister right that the UK could continue having to contribute to the EU until 2030?
BBC   |   Fri, 18 Nov 2016 17:18:10

Scots and Welsh can have say in Brexit court case

Scotland and Wales are to intervene in the Brexit court case, as the PM says plans are "on track".
BBC   |   Fri, 18 Nov 2016 16:57:26

High Court Allows Scotland, Wales to Join Brexit Case

The U.K. Supreme Court allowed the Scottish and Welsh governments to join the case to determine how Brexit can be carried out under British law, adding further complexity to the legal battle.
WSJ   |   Fri, 18 Nov 2016 16:28:52

WSJ City's Brexit Briefing: How Trump Could Change Brexit, Scotland and Wales Join Court Case

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, 18 Nov 2016 16:09:48

Opinion: Why Trump can't afford to let down his supporters

How did the twin political earthquakes of Brexit and Donald Trump's victory happen? There are many reasons, but one answer lies in the technological and social media revolution of the last decade.
CNN   |   Fri, 18 Nov 2016 16:08:19

Businesses urge May to agree transitional Brexit deal

Free-trade agreements typically take more than six years to be ratified, analysis shows
FT   |   Fri, 18 Nov 2016 15:58:21

UPDATE 1-UK's May tells Germany: Brexit preparations are 'on track'

BERLIN, Nov 18 (Reuters) - Prime Minister Theresa May on Friday assured her German counterpart that preparations for Britain's exit from the European Union were on schedule, and that the legal...
Reuters   |   Fri, 18 Nov 2016 14:16:58

UK's May to Germany's Merkel: Brexit preparations are 'on track'

LONDON, Nov 18 (Reuters) - Prime Minister Theresa May on Friday assured her German counterpart that preparations for Britain's exit from the European union were on track, and that the legal process...
Reuters   |   Fri, 18 Nov 2016 13:48:22

Gina Miller will give up her Brexit battle if Britain's government wins the Article 50 court case appeal

LONDON - Gina Miller, the lead claimant in a legal challenge to stop Theresa May triggering Article 50 without parliamentary approval, confirmed that she has no plans to take the case further if she loses the upcoming appeal. Miller, an investment manager based in London, spearheaded a legal challenge that ...
Business Insider   |   Fri, 18 Nov 2016 12:45:03