Brexit News Archive: 09 Dec 2016

Banks want open-ended Brexit transition pact

British Bankers' Association report calls for EU access to continue years after exit
FT   |   Fri, 9 Dec 2016 22:54:32

Why is Murdoch taking over Sky now? Blame Brexit and Netflix

Falling sterling, and the rise of online media providers has given the billionaire the perfect chance to succeed in 2016 where he failed in 2011 Why would Rupert Murdoch pounce on Sky now? First, because he was only ever biding his time after the humiliation of the failed bid in ...
Nils Pratley / Guardian   |   Fri, 9 Dec 2016 19:33:14

UK can lead the way on human rights | Letters

After a week of intense scrutiny of Brexit arrangements, this Saturday's observance of Human Rights Day provides a welcome pause to reflect on the role the UK should play on the international stage. This is especially important when we consider how global businesses based in the UK or listed on ...
Letters / Guardian   |   Fri, 9 Dec 2016 19:10:02

Post Brexit, Bank of Italy revises downward GDP estimates

Rome, December 9 - The Bank of Italy on Friday revised downward its Italy GDP growth estimates in the wake of the Brexit, from +1.1% to +0.9% this year and from +1.2% to +0.9% in 2017. Italy's GDP should grow by +1.1% in 2018 and 2019, according to the Italian ...
Gazzetta Del Sud   |   Fri, 9 Dec 2016 18:14:00

Murdoch's Fox returns to Sky with post-Brexit bid

Offer values UK pay-TV group at £18.5bn and comes five years after hacking scandal
FT   |   Fri, 9 Dec 2016 18:10:23

Banking jobs market 'annihilated' by Brexit, says recruiter

Uncertainty has led to fewer vacancies, says SThree chief Gary Elden
FT   |   Fri, 9 Dec 2016 17:37:31

Brexit Be Damned: Brits May Have A Chance To Remain E.U. Citizens

If E.U. negotiators have their way, Britons may have a way to remain as E.U. members - for a fee.
David Schrieberg, Contributor / Forbes   |   Fri, 9 Dec 2016 17:28:00

Let's move to Dover, Kent: 'It's been overlooked for years'

It needs attention, despite the famous white cliffs and some beautiful Regency terraces What's going for it? Britain's gatehouse, thanks to Brexit, may be about to resume the role it has held for a millennium or two. The past few decades have not been kind to Dover: bombed to smithereens ...
Tom Dyckhoff / Guardian   |   Fri, 9 Dec 2016 16:30:33

Publishers rush out Trump and Brexit books to traumatised readers

Industry push for titles responding to this year's shocking votes in the US and UK prompts raft of comedies and sober analyses Publishers are rushing out a raft of titles to meet demand among readers traumatised by the election of Donald Trump and the aftermath of the Brexit referendum. Titles ...
Danuta Kean / Guardian   |   Fri, 9 Dec 2016 16:18:48

Why some students are avoiding Cambridge

The University of Cambridge -- ranked among the best in the world -- said it's already seeing a drop in student applications from Europe as the threat of Brexit looms large.
CNN   |   Fri, 9 Dec 2016 16:14:02

Why some top students are avoiding Cambridge

The University of Cambridge -- ranked among the best in the world -- said it's already seeing a drop in student applications from Europe as the threat of Brexit looms large.
CNN   |   Fri, 9 Dec 2016 16:09:28

South Korea's President Park engulfed by the rising tide of populism

The wave of populism that fuelled Brexit, the rise of Donald Trump and the fall of Italian leader ­Matteo Renzi has reached South Korea, where street protesters cast Friday's parliamentary vote to impeach President Park Geun-hye as a step toward ­toppling the establishment she symbolises. It is our fury against ...
Bloomberg / South China Morning Post   |   Fri, 9 Dec 2016 13:58:06

The Brexit week in review

Labour joins forces with Tory rebels in quest for details
FT   |   Fri, 9 Dec 2016 13:47:15

Brexit Britain digests Brussels sprout picker drought

UK's £3bn horticulture industry more dependent than any other on eastern European labour
FT   |   Fri, 9 Dec 2016 13:16:38

Brexit the wrong fit for 122-year-old English costume company

English fancy dress company Smiffys will soon move its headquarters to the Netherlands
Emily Wither / Globe and Mail   |   Fri, 9 Dec 2016 13:14:12

Primark owner ABF sees shares jump despite warning on margins

ABF says slump in sterling since Brexit vote will hit margins as discount retailer Primark and sugar group Associated British Foods is among the day's biggest risers after a positive update, despite warning on margins at its discount retailer. At its annual meeting the company said it expected progress in ...
Nick Fletcher / Guardian   |   Fri, 9 Dec 2016 12:03:13

UK trade gap narrows despite fears of Brexit slowdown

Rise in exports in October fuels hopes economy will end year strongly - but construction output suffers surprise fall News of a pick-up in exports has fanned hopes the UK economy will finish the year on a strong note, confounding earlier fears the Brexit vote would spark a sharp slowdown. ...
Katie Allen / Guardian   |   Fri, 9 Dec 2016 11:40:23

Ed Miliband tells Owen Jones: 'The Tories don't know what they want from Brexit' - video interview

Ed Miliband tells Owen Jones that Theresa May's secretive approach to Brexit negotiations risks dividing the UK even further at a time when the country is feeling huge discontent with the political system. The former Labour leader urges his successor, Jeremy Corbyn, to focus on issues that can unite remainers ...
Owen Jones, Adam Sich and Josh Strauss / Guardian   |   Fri, 9 Dec 2016 11:39:43

Banks want to be subject to EU laws for five years in post-Brexit deal: Report

Banks' request likely to enrage eurosceptics who want to break away as soon as possible.
CNBC   |   Fri, 9 Dec 2016 11:32:00

UK Food Industry Warns That Wages Will Rise Post-Brexit

Not that this is quite how they're putting it but this is one of the things that they mean. That wages in British agriculture will rise after Britain leaves the European Union. Which is, of course, such a terrible tragedy that I'm sure we all agree Something Must Be Done! ...
Tim Worstall, Contributor / Forbes   |   Fri, 9 Dec 2016 10:36:00

EXCLUSIVE-Banks want to be subject to EU laws for 5 years in post-Brexit deal

LONDON, Dec 9- Large banks in Britain want the UK government to allow their industry to remain subject to EU laws for up to five years after Brexit, a move likely to enrage eurosceptics who want to break away from the bloc's legal system as soon as possible. The banks- ...
CNBC   |   Fri, 9 Dec 2016 07:00:00

Markets starting to price in Trump and Brexit: Standard Life

Thomas Moore, investment director at Standard Life, explains why the company has been pretty cautious on bond proxies as of late.
CNBC   |   Fri, 9 Dec 2016 06:19:00

Davis rebuffed City over Brexit transition deal

Brussels aghast at suggestion interim plan would be considered only to 'be kind' to EU
FT   |   Fri, 9 Dec 2016 05:40:02

Full memo of David Davis meeting with the City

Brexit secretary talks down transition deal
FT   |   Fri, 9 Dec 2016 05:32:02

UK Europhiles splinter into grassroots movements

With no political party prepared to oppose Brexit, campaigners have fragmented
FT   |   Fri, 9 Dec 2016 05:31:22

Northern England's Brexit voters need to be heard, says thinktank

Brexit vote is cry of community outrage at imbalances of wealth and power, warns IPPR North Establishment figures should stop sneering at northern England's Brexit voters and instead work to understand their concerns, a leading thinktank will warn on Friday. Speaking at its annual State of the North conference in ...
Frances Perraudin North of England reporter / Guardian   |   Fri, 9 Dec 2016 00:01:13

Capita to replace staff with robots to save money

Outsourcing giant to axe 2,000 jobs and use 'proprietary robotic solutions' after clients cut spending following Brexit vote A British outsourcing company whose contracts include collecting the BBC licence fee is to replace staff with robots as it slashes costs. Capita, a FTSE 100-listed firm that also runs the London ...
Rob Davies / Guardian   |   Thu, 8 Dec 2016 19:29:14

UK food prices to rise without EU workers, warn trade groups

Farmers, supermarkets and food giants flag up labour shortages as essential EU workers go home after Brexit vote or refuse to come due to the fall in sterling Food prices will rise unless the government ensures access to EU workers after Brexit, according to food and drink industry groups representing ...
Sarah Butler / Guardian   |   Thu, 8 Dec 2016 18:30:35

The 21st Century Cures Act Doesn't Address The Holdup For New Cures Already In The Pipeline

Former Chairman of the Federal Reserve Alan Greenspan speaks about 'Brexit' and the state of the European and US economies during a discussion with Bloomberg Government at their offices in Washington, DC, June 27, 2016. / AFP / SAUL LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images) Having passed the ...
Patrick Cox, Contributor / Forbes   |   Thu, 8 Dec 2016 18:25:00

Cambridge warns of Brexit hit on EU student numbers

University says applications from member states already down 14% this year
FT   |   Thu, 8 Dec 2016 18:15:36

EU workers in food and drink industry need assurance over Brexit | Letters

Nearly 4 million people are employed in growing, harvesting, producing, packaging, selling and serving our food and drink. In light of the vote for Brexit, the importance of food and drink to our nation's economic and physical wellbeing should be recognised and its future secured. In recent years, Britain has ...
Letters / Guardian   |   Thu, 8 Dec 2016 18:00:06

Brexit challenge: Gina Miller 'employs security'

Gina Miller, the woman behind the Brexit legal challenge, has told the BBC she has employed security to protect herself.
BBC   |   Thu, 8 Dec 2016 17:35:44

Brexit does not have to be bad for UK exporters, north-east firm tells MPs

It is easy to export 'if you make products people want', Ebac founder John Elliott advises MPs on fact-finding mission A manufacturer in the north-east has told MPs that Brexit does not have to be bad for British exporters, boasting that his firm has just struck a lucrative, long-term deal ...
Helen Pidd North of England editor / Guardian   |   Thu, 8 Dec 2016 17:26:08

Supreme Court president: Court won't overturn Brexit vote

The Brexit hearing draws to a close with a reminder the court will not overturn the referendum.
BBC   |   Thu, 8 Dec 2016 16:39:35

Britain pushes covert diplomacy ahead of Brexit talks

Charm offensive aims to keep communication lines open before Article 50 triggered
FT   |   Thu, 8 Dec 2016 13:58:26

Gin enjoys record sales in 2016 as people drown their sorrows

Trade group chief says boost may be down to a series of blows such as celebrity deaths and divisive votes on Brexit and Trump British drinkers quaffed gin in record amounts this year, while American fans of the spirit helped propel it to its best ever year. Sparkling wine is ...
Rob Davies / Guardian   |   Thu, 8 Dec 2016 13:25:16

Brexit dominates UK politics, from Supreme Court to Commons

LONDON (AP) - The drama of Britain's exit from the European Union was being acted out this week on two of London's grandest stages - the Supreme Court and the House of Commons chamber. The plot is gripping, but the ending is still a mystery.
Associated Press   |   Thu, 8 Dec 2016 13:19:58

UK eyes part-privatisation of Ship Register

Greater commercial freedoms would allow it to lure more ships after Brexit, says report
FT   |   Thu, 8 Dec 2016 12:27:31

Nigel Farage and the era of the celebrity politician

The rise of Nigel Farage, the former leader of UKIP, face of the Brexit vote and friend of Donald Trump.
Al Jazeera   |   Thu, 8 Dec 2016 12:08:00

Markets were resilient on Italy, Trump and Brexit: Draghi

ECB President Mario Draghi says that the full effects of Donald Trump's presidency and Brexit will be seen medium to long term.
CNBC   |   Thu, 8 Dec 2016 12:04:00

'Xenophobia' is the word of the year for 2016, says 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's Word Of The Year

There were a lot of surprises to come out of 2016, but being named'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

WSJ City: Aberdeen Outflows, Oil Deal Doubts, Politics of Brexit Transition

Good morning from London. Here's essential reading 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 email on your mobile device to do this. You can sign up to receive this briefing direct to ...
MoneyBeat   |   Mon, 28 Nov 2016 07:55:32

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: 09 Dec 2016     |     enquire