Brexit News Archive: 07 Jan 2017

Sir Ivan Rogers resigned from the civil service

LONDON - Sir Ivan Rogers has resigned from the civil service, four days after quitting his role as the UK's ambassador to the European Union, the BBC reported. It means he won't take up any new government role on his return from Brussels. Rogers "did not seek any further Civil ...
Business Insider   |   Sat, 7 Jan 2017 11:54:26

A major Tory donor warned he could stop funding the party over Brexit

A major Tory donor said the UK could "sleepwalk to disaster" if it leaves the European single market, in an interview with The Times. Sir Andrew Cook, who has given more than £1 million to the Conservatives, warned he could stop donations if the party pulled Britain out of Europe ...
Business Insider   |   Sat, 7 Jan 2017 09:07:08

EU expert: Sir Ivan Rogers wasn't a pessimist about Brexit - 'he was just doing his job'

LONDON - Sir Ivan Rogers was a realist, not a pessimist, and was simply doing his job by warning that the Brexit process could take up to a decade. That is according to Anand Menon, director at independent research organisation UK In A Changing Europe, who spoke to Business Insider ...
Business Insider   |   Sat, 7 Jan 2017 08:35:00

Tory donor threatens to stop funding over Brexit plans

A Tory donor warns he will stop funding the party if the UK leaves the single market.
BBC   |   Sat, 7 Jan 2017 05:52:29

Michael Fish jokes that his forecasts are better than the Bank of England's dire Brexit predictions

Laura Hughes / Telegraph   |   Fri, 6 Jan 2017 18:39:15

Brexit & Beyond: Trump to Meet With May in Spring, Five Likely Brexit Outcomes, Europe's Optimistic Consumers

Brexit & Beyond: Europe in Flux is The Wall Street Journal's round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here. MUST READS Senior advisers to U.K. Prime Minister Theresa May traveled to Washington recently to lay the groundwork for ...
MoneyBeat   |   Fri, 6 Jan 2017 18:30:05

Michael Fish on his Brexit moment: 'It's a strange honour, but I'll take it'

The man who forecast 'no hurricane' in 1987 has seen his error become a bad-predictions catchphrase - as the Bank of England has discovered Not everyone gets to have a moment named after them. If it happens, it's probably a bad thing (hello Gerald Ratner, the self-deprecating jeweller). But Michael ...
Simon Usborne / Guardian   |   Fri, 6 Jan 2017 17:57:32

U.K.'s Post-Brexit Ties to EU Narrow: Five Likely Outcomes

France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesAgence France-Presse/Getty ImagesU.K.'s Post-Brexit Ties to EU Narrow: Five Likely Outcomes Even though the U.K.'s aims in its exit talks with the EU remain unclear, ...
WSJ   |   Fri, 6 Jan 2017 16:30:55

Brexit eats into Jamie Oliver's Italian restaurants

Jamie Oliver is to close six Jamie's Italian restaurants as the celebrity chef is hit by a combination of rising Brexit cost pressures and tough trading. The closures will impact 120 staff, although the company will attempt to place those affected in other parts of Oliver's restaurant empire. Restaurants in ...
Times of Malta   |   Fri, 6 Jan 2017 16:00:00

Jamie Oliver to close six restaurants in 'tough market' after Brexit vote

Chef shrinks size of Jamie's Italian chain in UK to focus on international launches and expansion of Barbecoa brand Jamie Oliver is to close six of his Italian restaurants after tough trading and the "pressures and unknowns" following the Brexit vote. Oliver intends to close Jamie's Italian restaurants in Aberdeen, ...
Mark Sweney / Guardian   |   Fri, 6 Jan 2017 14:47:09

Jamie Oliver to shut 6 UK restaurants in tough Brexit market

LONDON (AP) - Celebrity chef Jamie Oliver is shutting six of his 42 Jamie's Italian restaurants in Britain amid tough trading conditions and a lower pound following Britain's vote to leave the European Union.
Associated Press   |   Fri, 6 Jan 2017 13:53:43

Sturgeon offers to shelve independence vote in return for soft brexit

Scotland's first minister would take quick referendum off the table if the UK wins a favourable, soft Brexit deal with the EU and access to single market Nicola Sturgeon has said she would take a quick Scottish independence referendum off the table if the UK wins a favourable, soft Brexit ...
Severin Carrell Scotland editor / Guardian   |   Fri, 6 Jan 2017 13:53:38

Economic forecasting in crisis: Bank of England chief economist

The Bank of England's Chief Economist bemoaned forecasting models to foresee the financial crash and the Brexit vote.
CNBC   |   Fri, 6 Jan 2017 13:32:00

Gold Rises In All Currencies In 2016 - 9% In USD, 13% In EUR and 31.5% In GBP

- Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY- Gold gains in CNY, INR & most emerging market currencies- Gold surges 31.5% in British pounds after Brexit shock- Gold acted as hedge and safe haven in 2016 ... for those who need safe haven- Furthers signs of market ...
Zero Hedge   |   Fri, 6 Jan 2017 13:18:03

Jamie Oliver to close six restaurants in 'tough market' following Brexit vote

Jamie Oliver is to close six of his Italian restaurants after tough trading and the "pressures and unknowns" following the Brexit vote. As every restaurant owner knows, this is a tough market and post-Brexit the pressures and unknowns have made it even harder Simon Blagden, chief executive of the Jamie ...
The Guardian / South China Morning Post   |   Fri, 6 Jan 2017 12:24:15