Brexit News Archive: 01 Dec 2016

No Regrexit: Six months on, Brits stand by EU vote

British voters would repeat their decision to leave the European Union if the "Brexit" referendum were held today, according to a new CNN/ComRes poll released Monday.
CNN   |   Mon, 19 Dec 2016 17:41:45

Young Brits expect Brexit will cost them

Read full story for latest details.
CNN   |   Mon, 19 Dec 2016 17:24:21

Q&A: The pros and cons of remaining in customs union

Closest model for shift in Brexit secretary's stance is Turkey
FT   |   Mon, 19 Dec 2016 17:16:03

UK should not fear trade tariffs post-Brexit, says fishing chief

Bertie Armstrong agrees British catch could at least double after withdrawing from 'generous' common fisheries policy The UK should not be "frightened to death" of the trade tariffs that could be introduced after Brexit as they may not prove to be a disaster, the head of the Scottish fishing industry ...
Lisa O'Carroll and Libby Brooks / Guardian   |   Mon, 19 Dec 2016 14:19:38

The chaotic route to train-crash Brexit

An orderly separation from the EU should not be taken for granted
FT   |   Mon, 19 Dec 2016 12:16:52

Turkey's 'emotional reality'

Probably you keep hearing about it all these days, the concept of After a spike in use around Brexit and the election of Donald Trump, the word has been named as Oxford Dictionary's word of the year.
Hurriyet   |   Thu, 1 Dec 2016 21:11:10

Fallout from Italy's referendum will be both financial and political

If the Italian PM loses the vote and quits, it would make it harder to fix a banking crisis that should have been tackled decades ago The eurozone crisis never went away; it was just overlooked in the Brexit upheaval. But you can rely on Italy to trigger thoughts of ...
Nils Pratley / Guardian   |   Thu, 1 Dec 2016 19:00:56

Ireland reports rise in relocation inquiries from UK-based finance firms

Dublin is vying with other cities including Frankfurt and Paris to lure banks and other UK companies concerned about Brexit Ireland's central bank has reported a substantial increase in the number of inquiries from UK-based financial services companies to operate from Dublin in the wake of the Brexit referendum. Applications ...
Lisa O'Carroll / Guardian   |   Thu, 1 Dec 2016 18:48:19

10 TIPS FOR BUILDING A SUCCESSFUL DIGITAL MARKETING CAMPAIGN IN 2017

2016 has been the year of the unexpected. From a Trump presidency to Brexit, I think I speak for most us when I say that I'm more than damn ready for a fresh start. There's a lot to look forward to in 2017 but not all change is bad. Especially ...
Promise Phelon, Contributor / Forbes   |   Thu, 1 Dec 2016 18:48:00

Oil price hits one-year high, as 'soft Brexit' hopes boost sterling - as it happened

Opec's production cap deal sends Brent crude surging over $53 per barrel, while the pound has hit a two-month high 'Gamechanger' Opec cut drives prices higher Petrol prices to rise, warn experts Sterling at two-month high against the euro Pound jumps on single market access hopes Analysts: Will deal really ...
Graeme Wearden / Guardian   |   Thu, 1 Dec 2016 17:46:30

MP asks spending watchdog to investigate Nissan Brexit deal

Andrew Tyrie, who chairs Treasury select committee, asks NAO to inquire into any government assurances made to carmaker Whitehall's spending watchdog could investigate the deal to keep Nissan making cars in north-east England, following a demand from the chair of an influential parliamentary committee. Andrew Tyrie, the chair of the ...
Rajeev Syal and Phillip Inman / Guardian   |   Thu, 1 Dec 2016 16:21:20

U.K. Could Pay for EU Market Access

The U.K. would consider making payments to the European Union's budget to secure the best possible trade access, the minister overseeing Britain's exit from the bloc said.
WSJ   |   Thu, 1 Dec 2016 15:59:05

UPDATE 2-Irish central bank not trying to put off Brexit movers

DUBLIN, Dec 1- Ireland's central bank is not seeking to dissuade financial firms from moving investment banking or trading operations to Dublin as a result of Brexit and is receiving applications from a range of sectors, its head of regulation said on Thursday. Roux said there was no need for ...
CNBC   |   Thu, 1 Dec 2016 15:46:00

Is this the latest broken Brexit promise?

Read full story for latest details.
CNN   |   Thu, 1 Dec 2016 15:40:13

Another broken Brexit promise? U.K. may keep paying into EU budget

Read full story for latest details.
CNN   |   Thu, 1 Dec 2016 15:39:45

Pound surges after minister opens door to EU access

Davis offers first glimpse of Brexit strategy with remark about single market entry fee
FT   |   Thu, 1 Dec 2016 14:50:03

Britain's Hammond won't rule out post-Brexit payments to EU

Chancellor Philip Hammond says Britain needs to be open to possibility of continuing to pay fees to gain access to the bloc's markets for businesses
Globe and Mail   |   Thu, 1 Dec 2016 14:42:46

Sterling hits 2-month high on perceived crack in Britain's 'hard Brexit' line

Sterling jetted to an almost three-month high in trade-weighted terms on Thursday, adding to its biggest monthly gains against the euro since 2009.
CNBC   |   Thu, 1 Dec 2016 14:13:00

The soft bigotry of low expectations

UK government may not even be aiming for the third-best Brexit
FT   |   Thu, 1 Dec 2016 13:53:56

Brexit surge for sterling turns back dollar rally

The dollar traded just off a 9-1/2-month high against the yen, steadying after a jump on news of an OPEC deal.
CNBC   |   Thu, 1 Dec 2016 13:38:00

UPDATE 1-Irish central bank not dissuading Brexit moves, receiving applications

DUBLIN, Dec 1- Ireland's central bank is not seeking to dissuade financial firms from moving investment banking or trading operations to Dublin as a result of Brexit and has begun receiving applications in some unnamed areas, its head of financial regulation said on Thursday. Banking sources told Reuters last week ...
CNBC   |   Thu, 1 Dec 2016 13:33:00

Irish central bank not dissuading Brexit moves, receiving applications

DUBLIN, Dec 1- Ireland's central bank is not seeking to dissuade financial firms from moving investment banking or trading operations to Dublin as a result of Brexit and has begun receiving applications in some unnamed areas, its head of financial regulation said on Thursday. Banking sources told Reuters last week ...
CNBC   |   Thu, 1 Dec 2016 13:08:00

GBP/JPY surge past 200-DMA, hits fresh post-Brexit highs

The GBP/JPY cross extended its strong near-term upward trajectory and broke through the very important 200-day SMA resistance to hit a fresh post-Brex
Haresh Menghani / FX Street   |   Thu, 1 Dec 2016 13:05:40

David Davis: UK may pay for access to EU single market

The UK may pay to get the "best possible" single market access, Brexit Secretary David Davis says.
BBC   |   Thu, 1 Dec 2016 12:44:45

Bitter sweet Brexit

If you like chocolate, Brexit and future trade negotiations should matter to you, writes BBC World News Komla Dumor Award winner Didi Akinyelure.
BBC   |   Thu, 1 Dec 2016 12:09:07

Now It's The SMMT And The Motor Industry That Gets Post-Brexit Tariffs Entirely, Completely, Wrong

Horrible warnings today that Brexit, that idea of Britain leaving the European Union, will raise car prices in Britain by as much as £1,500. This comes from the Society of Motor Manufacturers and Traders (SMMT) and is simply wrong. They've entirely misunderstood how trade and tariffs work. No, I'm sorry, ...
Tim Worstall, Contributor / Forbes   |   Thu, 1 Dec 2016 12:01:07

Populism: What next after Trump and Brexit?

After Brexit and the election of Trump, some argue that we are seeing a rise in populism. CNN's Nic Robertson explains why Europe could be the litmus test.
CNN   |   Thu, 1 Dec 2016 11:44:12

UK could make EU budget contributions after Brexit- David Davis

Minister says payment an option if it clears the way for access the European market
FT   |   Thu, 1 Dec 2016 11:21:50

UK food producers call for single market access

Seventy five companies, employing 1m people, say they need EU labour after Brexit
FT   |   Thu, 1 Dec 2016 10:32:36

UK BrexitMin: Would consider EU budget payments if required to have access to EU mkts

The UK's Brexit minister David Davis was on the wires last minutes, Reuters, noting that he would consider EU budget payments if required to meet aim
Dhwani Mehta / FX Street   |   Thu, 1 Dec 2016 09:59:44

Populism: what next after Trump and Brexit?

After Brexit and the election of Trump, some argue that we are seeing a rise in populism. CNN's Nic Robertson explains why Europe could be the litmus test.
CNN   |   Thu, 1 Dec 2016 09:40:17

There is a plan: Brexit means good riddance to austerity | John Redwood

Voters warmed to the idea of spending our own money on our own priorities - now the chancellor is showing the way As we leave the EU, the UK can turn its back on the austerity policies that have been the hallmark of the euro area. My main argument against ...
John Redwood / Guardian   |   Thu, 1 Dec 2016 06:59:40

School performance link to Brexit vote, says Ofsted boss

Bad schools contributed to a feeling of being ignored revealed in the Brexit vote, the Ofsted boss says.
BBC   |   Thu, 1 Dec 2016 06:14:26

Downing Street to brief foreign media on Brexit

May's aides seek to counter Eurosceptic tone of British newspapers
FT   |   Thu, 1 Dec 2016 05:43:41

Goldman Sachs on GBP: Risks further downside in case of a 'hard Brexit'

In its latest note on sterling, analysts at Goldman Sachs noted that they expect further declines in the GBP in next year, in wake of Brexit-related p
Dhwani Mehta / FX Street   |   Thu, 1 Dec 2016 04:47:49

Can Europe survive the Trump effect?

If Europe's leaders thought Brexit was an aberration, the election of Donald Trump brought the reality of their own vulnerabilities crashing home.
CNN   |   Thu, 1 Dec 2016 04:40:12

Brexit bargains lure shoppers to London

London: While the prospect of Brexit is weighing on much of the British economy, tourism and luxury goods businesses are cashing in on bargain-hungry visitors lured by the slide in the pound.
Bangkok Post   |   Thu, 1 Dec 2016 02:00:00

It's Italy's turn to spook the markets, but don't hold your breath for 'Italexit'

This weekend's Italian referendum is being billed as Europe's most important political event since Brexit, and the fates of Italy and the European Union may hang in the balance. Or, you know, maybe not.
Joe Chidley / Financial Post   |   Wed, 30 Nov 2016 21:56:34

Why You Need To Learn To Lead Before You Become A Leader

There is extensive debate about how U.K. businesses will fare in a post-Brexit world. Encouraged by Britain's recent economic performance, compared with fellow members of the European Union, many are daring to suggest that - while there might be some volatility in the years ahead - the overall picture will ...
Roger Trapp, Contributor / Forbes   |   Wed, 30 Nov 2016 21:52:00

Boris Johnson freedom of movement in Brexit - Sky News

According to Sky News, UK Foreign Secretary Boris Johnson has reportedly told to some EU ambassadors that he supports freedom of movement...
Felipe Erazo / FX Street   |   Wed, 30 Nov 2016 21:39:42

Carney warns Europe against freezing out City

BoE mounts defence of financial services the day after Draghi said Britain will feel most Brexit pain
FT   |   Wed, 30 Nov 2016 20:53:48

London may seek separate Brexit deal, mayor warns

London may seek its own Brexit deal to allow firms to continue recruiting from the European Union, mayor claims.
BBC   |   Wed, 30 Nov 2016 19:43:30

Tories seek positive uncertainties in a deluge of negative certainties

MPs grill Robert Chote over the OBR's gloomy post-Brexit predictions: wasn't it possible all the forecasters were wrong? Just after the chancellor's autumn statement, Conservative Jacob Rees-Mogg had rubbished the Office for Budget Responsibility for making unnecessarily gloomy predictions about the government's handling of Brexit and suggested we would all ...
John Crace / Guardian   |   Wed, 30 Nov 2016 19:40:21

Starmer presses May to act first on expat rights

Gesture would help improve prospects for talks, says Shadow Brexit secretary
FT   |   Wed, 30 Nov 2016 19:38:51

Mark Carney: European economies face hit if cut off from City of London

Bank of England governor says Britain is 'Europe's investment banker' as he warns on uncertainties created by Brexit The governor of the Bank of England has warned that European economies could be damaged if their access to the City of London is disrupted after Britain leaves the EU. Speaking as ...
Jill Treanor / Guardian   |   Wed, 30 Nov 2016 18:35:30

Emerging Europe: Lithuania goes all in on fintech

Of all the cities lining up to poach London's business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a small city with big ambitions.
Euromoney   |   Wed, 30 Nov 2016 15:30:00

Pharma companies argue against new UK regulator

Drugmakers want to stick with European Medicines Agency following Brexit
FT   |   Wed, 30 Nov 2016 15:19:40

'Absolutely in the interest of the EU': Mark Carney returns Dutch Finance Minister's Brexit warning with one of his own

Mark Carney warned that the European Union has a lot to lose from any damage Brexit does to the British banking system
Richard Partington and Jill Ward, Bloomberg News / Financial Post   |   Wed, 30 Nov 2016 15:03:30

Brexit: May says Tusk letter shows EU expats delay 'right'

Expat Britons would be "high and dry" if the UK had given EU citizens residence rights, the PM says.
BBC   |   Wed, 30 Nov 2016 14:27:26

In 2017, France and Germany will split Europe in two

As Donald Trump prepares to move into the White House and Theresa May braces the UK for a hard Brexit, the EU is next in line to reap 2016's bumper crop of political upset.
CNN   |   Wed, 30 Nov 2016 13:28:14

China's 'extraordinary leverage' tops Bank of England's growing list of concerns

China, euro zone debt and Brexit top the concerns for the Bank of England, according to a report published on Wednesday.
CNBC   |   Wed, 30 Nov 2016 13:12:00

R.B.S. to Bolster Capital Position After Failing Stress Test

The Royal Bank of Scotland is the worst prepared of Britain’s biggest lenders to cope with another financial crisis, according to the Bank of England test.
CHAD BRAY / NY Times   |   Wed, 30 Nov 2016 12:54:01

Downing Street Brexit Notes Transcribed

Veteran Downing Street photographer Steve Back has done it again - he's snapped these notes being carried out of a meeting with Mark Field in Downing Street this afternoon. Someone at the meeting appears to have said we are "loathe" to do a transitional deal and that our position is ...
Guy Fawkes' blog   |   Mon, 28 Nov 2016 17:42:25

'Xenophobia' is the word of the year for 2016, says Dictionary.com

Dictionary.com has selected as the 2016 word of the year, citing the anti-immigrant rhetoric of U.S. President-elect Donald Trump and the United Kingdom's Brexit vote to leave the European Union as reasons for its choice. In a news release, the online dictionary said that searches...
Money & Company   |   Mon, 28 Nov 2016 17:25:00

'Xenophobia' Is Dictionary.com's Word Of The Year

There were a lot of surprises to come out of 2016, but being named Dictionary.com's Word of the Year is not one of them. When you consider the rhetoric that galvanized people in this year's Brexit vote and the U.S. presidential race, the proof that is the word that most ...
Huffington Post   |   Mon, 28 Nov 2016 16:12:32

Hans-Werner Sinn: "Europe's Secret Bailout"

From Project Syndicate: MUNICH - While the world worries about Donald Trump, Brexit, and the flow of refugees from Syria and other war-torn countries, the European Central Bank continues to work persistently and below the public radar on its debt-restructuring plan - also known as quantitative easing (QE) - to ...
Climateer Investing   |   Mon, 28 Nov 2016 12:16:00

Europe's Secret Bailout

While the world worries about Donald Trump, Brexit, and refugees, the European Central Bank continues to work below the public radar on its debt-restructuring plan - also known as quantitative easing - to ease the burden on the over-indebted eurozone countries. It's a high-risk operation, especially for Germany and the ...
Project Syndicate   |   Mon, 28 Nov 2016 11:53:56

JD Sports bets on Brexit staycations with Go Outdoors takeover

Telegraph   |   Mon, 28 Nov 2016 10:30:56

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Monday. Prime Minister Theresa May has admitted that negotiating a successful Brexit is proving to be "hugely challenging." In a rare interview with The Sunday Times, May also acknowledged the government needed to organise terms for exiting the EU, ...
Business Insider   |   Mon, 28 Nov 2016 07:01:12

Brexit News Archive: 01 Dec 2016     |     enquire