Brexit News Archive: 12 Dec 2016

Davis wants 'specific numbers' on Brexit from car chiefs

Brexit minister meets largest auto manufacturers to quantify the risks
FT   |   Mon, 12 Dec 2016 20:23:18

Majority of employers planning to take on more staff, says recruiter

ManpowerGroup says survey of employers finds fewer Brexit concerns and positive outlook for 2017 Most employers expect to boost job numbers in the new year as the post-referendum panic fades. ManpowerGroup, the recruitment agency, said its quarterly survey of employers found they have shrugged off concerns about the impact of ...
Phillip Inman Economics correspondent / Guardian   |   Mon, 12 Dec 2016 19:18:07

EU calls for Brexit talks 'swiftly' after Article 50

Leaders of the 27 EU countries minus Britain will debate their negotiating strategy Thursday
Ian Wishart / Globe and Mail   |   Mon, 12 Dec 2016 19:12:50

UPDATE 1-UK's Hammond backs Brexit transition, says would help EU too

LONDON, Dec 12 (Reuters) - British finance minister Philip Hammond on Monday backed the idea of a transition period to smooth the process of leaving the European Union, and said EU countries also...
Reuters   |   Mon, 12 Dec 2016 18:32:34

Sky will cost Rupert Murdoch $2.5bn less after Brexit vote

Plunge of sterling means 21st Century Fox is paying 15% less than it would have before EU referendum The acquisition of Sky by Rupert Murdoch's 21st Century Fox is costing the media mogul about $2.5bn (£2bn) less than it would have before the Brexit vote that was backed by the ...
Jasper Jackson / Guardian   |   Mon, 12 Dec 2016 18:03:15

Brexit 'could take at least two years'

Brexit could take at least two years and involve involve "significant changes" to port infrastructure, the chancellor of the exchequer says.
BBC   |   Mon, 12 Dec 2016 17:22:26

Hammond calls for smooth transition after Brexit

Chancellor speaks out for first time on need for more than two years to finesse exit
FT   |   Mon, 12 Dec 2016 17:09:01

Hammond: 'thoughtful' UK politicians back transitional Brexit

FT   |   Mon, 12 Dec 2016 17:01:59

UK's Hammond backs Brexit transition, says would help EU too

LONDON, Dec 12 (Reuters) - British finance minister Philip Hammond backed the idea of a transition period between Britain leaving the European Union and the finalisation of its new relationship with...
Reuters   |   Mon, 12 Dec 2016 16:53:42

EU finance post-Brexit: London, Paris, Frankfurt ... Vilnius?

Perhaps size is an advantage for an innovation centre - small size, that is. It means you are nimble. So says Lithuania.
Euromoney   |   Mon, 12 Dec 2016 15:00:00

Paris wields carrots and sticks in pitch as financial centre

France woos London bankers and asset managers with vision of life after Brexit
FT   |   Mon, 12 Dec 2016 14:28:33

UK tech group e2v agrees £620m sale

Teledyne would be latest overseas buyer of a British company after Brexit vote
FT   |   Mon, 12 Dec 2016 14:19:25

Bumper business Christmas quiz 2016

Brexit, Sports Direct, Sir Philip Green's yacht ... and £5 notes - how well can you remember the key events of 2016? For your overall score, please complete all the questions Which substance, to the embarrassment of the Bank of England, was found in the new plastic £5 note? Cocaine ...
Guardian Business / Guardian   |   Mon, 12 Dec 2016 12:22:35

Trump and Brexit to make 2017 toughest for businesses since Cold War: Research

Brexit and the U.S. election will make 2017 one of the toughest years to make decisions for their firms.
CNBC   |   Mon, 12 Dec 2016 06:59:00

How To Build A Post-Brexit Business Strategy

byDavid Lancefield Following Brexit, the British government and the E.U. will spend the next several years negotiating a divorce that balances their economic, political, and social interests. The terms of exit and the trade deals that will follow will be unprecedented in their complexity, and there are no clear rules ...
Strategy&, part of the PwC network, Contributor / Forbes   |   Mon, 12 Dec 2016 05:28:00

Peers urge special post-Brexit status for N Ireland

Call for open land border and devolved control over EU immigration
FT   |   Mon, 12 Dec 2016 00:02:27

West Midlands is now employment blackspot, says thinktank

Resolution Foundation links region's growth, pay and income problems to pro-Brexit sentiment and policymakers favouring London and Manchester The West Midlands has become an employment blackspot and is badly trailing behind other parts of the UK on job creation and living standards, a leading think tank has warned. These considerations ...
Katie Allen / Guardian   |   Mon, 12 Dec 2016 00:01:40

GBP/USD: finding a bid in the open on a mixed dollar and despite Brexit w/e news

GBP/USD has opened on the bid in early Asia while the dollar is mixed across the board - strong vrs the yen, euro and Aussie. Market wrap: US dollar
Ross J Burland / FX Street   |   Sun, 11 Dec 2016 22:41:58

An equivalence deal on Brexit may be the best the City can get

Agreement would not require the UK to replicate the EU rule book in its entirety
FT   |   Sun, 11 Dec 2016 14:37:35

Is income inequality increasing in the UK?

Perception of a growing gap between rich and poor was a big factor in Brexit vote
FT   |   Sun, 11 Dec 2016 14:31:04

Brexit uncertainties threaten brain drain for U.K. science community

Like many foreign scientists in Britain, Joanna Bagniewska was devastated when, last June, Britons voted to leave the European Union. The biology lecturer, a Polish migrant who, over a decade, found Britain a welcoming place to build her academic career, is suddenly seeing her job security and research prospects up ...
Japan Times   |   Sun, 11 Dec 2016 11:19:19

We'll get a Brexit that suits Europe, not one that suits us

The process of leaving is descending into a farce that reminds one of The Fast Show - except that it is happening so excruciatingly slowly The Fast Show, which ran on BBC television from 1994 to 1997 - the last few years of Ken Clarke's chancellorship - has been voted ...
William Keegan / Guardian   |   Sun, 11 Dec 2016 07:00:20

Davis wins back trust at home as Brexit broker

Unflashy approach gains praise from Leave camp while reassuring former Remainers
FT   |   Sun, 11 Dec 2016 06:14:01

Brexit uncertainties threaten brain drain for UK science

LONDON (AP) - Like many foreign scientists in Britain, Joanna Bagniewska was devastated when Britons voted to leave the European Union. The biology lecturer, a Polish migrant who found Britain a welcoming place to build her academic career over a decade, is suddenly seeing her job security and research prospects ...
Associated Press   |   Sun, 11 Dec 2016 05:48:00

EU rivals eye £1.2tn UK asset pot as Brexit looms

Uncertainty over future passporting rights puts mandates for European clients at risk
FT   |   Sun, 11 Dec 2016 05:09:53

'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: 12 Dec 2016     |     enquire