Brexit News Archive: 03 Feb 2017

BoE Back in Brexit Spotlight after Growth Rethink

The Bank of England is feeling the heat again after its new, more upbeat picture for Britain's economy put an uncomfortable focus back on its warning last year about a quick and sharp Brexit vote hit to growth. Governor Mark Carney woke up on Friday to headlines in anti-European Union ...
OANDA   |   Fri, 3 Feb 2017 13:52:58

Bank of England back in Brexit spotlight after growth rethink

LONDON, Feb 3- The Bank of England is feeling the heat again after its new, more upbeat picture for Britain's economy put an uncomfortable focus back on its warning last year about a quick and sharp Brexit vote hit to growth. Governor Mark Carney woke up on Friday to headlines ...
CNBC   |   Fri, 3 Feb 2017 13:44:00

Gold investment funds see second best year on record

Demand for gold soared in 2016, driven by politi uncertainty, according to the World Gold Council's latest report.
CNBC   |   Fri, 3 Feb 2017 13:29:00

Trump Raises Concerns for Leaders at EU Summit

European Union leaders are meeting in Malta and will discuss how the bloc can stay united at a time when Brexit and the Donald Trump presidency are putting the EU project in question.
WSJ   |   Fri, 3 Feb 2017 13:00:01

Brexit legal challenge: High Court throws out new case over single market vote for MPs

Gordon Rayner / Telegraph   |   Fri, 3 Feb 2017 12:07:37

Brexit: Fresh legal challenge blocked by High Court

Campaigners rebuffed in attempt to give Parliament a veto over single market exit.
BBC   |   Fri, 3 Feb 2017 12:04:33

British Influence's Brexit Legal Challenge Blocked By High Court

The High Court has blocked another legal challenge to Brexit from British Influence's arch-Remainer Peter Wilding and Tory eccentric Adrian Yalland. Their campaign to keep Britain in the single market asked judges to rule that parliament must separately give permission before the government can pull out of the European Economic ...
Guy Fawkes' blog   |   Fri, 3 Feb 2017 11:42:33

The High Court has blocked a new Brexit legal challenge

LONDON - The High Court has decided to block a fresh Brexit legal challenge. The Royal Courts of Justice said on Friday morning that it would be not hearing a legal argument relating to whether Theresa May can use the Article 50 process to take Britain out of the European ...
Business Insider   |   Fri, 3 Feb 2017 11:32:07

Experts read the Brexit white paper - so you don't have to

Following months of criticism that her government is failing to provide sufficient information about its thinking on leaving the European Union, Theresa May has published a white paper, setting out the plan. The Conversation UK asked a group of academics to rifle through the 77 pages to pick out the ...
Phil Syrpis, Reader in Law, University of Bristol / The Conversation   |   Fri, 3 Feb 2017 10:58:07

JPMorgan on Brexit white paper: 'Shallowness of the analysis and absence of detail are matters of great concern'

LONDON - JPMorgan has delivered a scathing verdict on the government's Brexit white paper setting out plans for leaving the European Union, calling it shallow and lacking in detail. The government on Thursday published a 78-page document setting out its official negotiating position for Britain leaving the EU, fleshing out ...
Business Insider   |   Fri, 3 Feb 2017 09:29:36

Snapchat cited Brexit as a potential risk to investors in its IPO filing

Snap, the parent company of Snapchat, cited Brexit as a potential risk for anyone considering buying stock in its business when it filed for a $3 billion (£2.4 billion) IPO on Thursday. The secretive company, headquartered in Venice, California, wrote in its S-1 IPO filing that it plans to base ...
Business Insider   |   Fri, 3 Feb 2017 09:13:15

New Brexit legal challenge: Campaigners take government to High Court over single market vote as Theresa May heads to Malta for EU Summit

Laura Hughes / Telegraph   |   Fri, 3 Feb 2017 08:05:26

10 things you need to know before European markets open

Good morning! Here's what you need to know. 1. Brexit should be good for both sides. Britain will do its utmost to negotiate a divorce deal with the European Union that is mutually beneficial Brexit minister David Davis said, setting out the government's strategy in an official policy document. 2. ...
Business Insider   |   Fri, 3 Feb 2017 06:56:00

Live: Malta EU summit in times of crises

Malta last hosted an EU summit in November 2015. That's before the migration catastrophe, Brexit... and Donald Trump! HERMAN GRECH will be keeping you updated from Valletta. 7.45am: EU leaders will gather at the palace in Valletta around 9am amid tight security. 7.40am: The pressures and lobbying from organisations and ...
Herman Grech / Times of Malta   |   Fri, 3 Feb 2017 06:24:00

Theresa May faces fresh legal challenge over Brexit as David Davis refuses to rule out MPs' vote on leaving European Economic Area

Christopher Hope / Telegraph   |   Thu, 2 Feb 2017 20:00:00

Brexit & Beyond: U.K. Publishes Brexit Negotiating Position, Bank of England Raises Growth Outlook, Centrist Candidate Gains in France

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 The British government presented its White Paper, setting out the country's negotiating position for Brexit negotiations. PHOTO: ...
MoneyBeat   |   Thu, 2 Feb 2017 19:17:18

Malta Summit: EU migration thinking 'hypocritical'

Migration and life after Brexit will dominate discussions as EU leaders meet in the Maltese capital of Valletta on Friday.
euronews   |   Thu, 2 Feb 2017 18:13:52

Anger as Michael Fallon dismisses second referendum

Nationalists mull second poll on independence in response to UK parliamentary vote for Brexit but face stern opposition.
Al Jazeera   |   Thu, 2 Feb 2017 18:06:15

What the Brexit White Paper says (and doesn't say) about trade

Lost at sea? Shutterstock Two of the 12 priorities set out in the UK government's Brexit White Paper are focused on trade: Ensuring free trade with European markets Securing new trade agreements with countries outside the EU In terms of trade with the EU - the UK's largest trading partner ...
Maria Garcia, Senior Lecturer in International Relations, University of Bath / The Conversation   |   Thu, 2 Feb 2017 17:48:10

The Interesting Part Of Govt's Brexit White Paper - The ECJ Is The ISDS Procedure In Ceta And TPIP

Or, as we might put it, the complaints about ISDS in trade treaties are a political support for opposition to the trade treaties, not a principled objection in the slightest. Although, to be fair, that's something we should all know already.
Tim Worstall, Contributor / Forbes   |   Thu, 2 Feb 2017 17:47:00

UK Govt Publishes 'White Paper' Detailing Brexit Plan

BBC.
BBC. / World Affairs   |   Thu, 2 Feb 2017 16:59:27

WSJ City's Brexit Briefing: UK Reveals Brexit White Paper, BOE Raises Growth Forecasts

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 up to receive this briefing direct to your inbox here. MUST READS FROM WSJ CITY The government has set out the UK's negotiating position ...
MoneyBeat   |   Thu, 2 Feb 2017 16:35:10

Everything you need to know about the Brexit white paper in 5 minutes

Freedom of movement could continue beyond 2019. UK may continue paying significant sums into the EU. Elements of single market membership' could be maintained. No solution has been found to the Northern Ireland border problem. European Arrest Warrant could be here to stay. LONDON - The government today published its ...
Business Insider   |   Thu, 2 Feb 2017 15:51:22

Brexit White Paper typo suggests Brits get 14 weeks of paid holiday a year

Helena Horton / Telegraph   |   Thu, 2 Feb 2017 15:24:04

What does the Brexit White Paper say?

Laura Hughes / Telegraph   |   Thu, 2 Feb 2017 15:18:00

Bank of England jacks up growth forecast for 2017

The Bank of England upgraded its growth expectations for 2017 on Thursday, offering a much rosier view of Britain's economic prospects than the doom and gloom forecasts it produced in the wake of the Brexit vote.
CNN   |   Thu, 2 Feb 2017 14:50:12

Bank of England jacks up forecast for 2017

The Bank of England upgraded its growth expectations for 2017 on Thursday, offering a much rosier view of Britain's economic prospects than the doom and gloom forecasts it produced in the wake of the Brexit vote.
CNN   |   Thu, 2 Feb 2017 14:37:42

What Brexit? Bank of England jacks up growth forecast for 2017

The Bank of England upgraded its growth expectations for 2017 on Thursday, offering a much rosier view of Britain's economic prospects than the doom and gloom forecasts it produced in the wake of the Brexit vote.
CNN   |   Thu, 2 Feb 2017 14:34:39

British Government Publishes 77-Page Brexit "White Paper": Main Highlights

The British government published its long-awaited White Paper on Brexit, which formally lays out its strategy for the U.K.'s exit from the European Union. The 77-page document was presented in the House of Commons on Thursday by David Davis, the minister in charge of Brexit, and was also published online. ...
Zero Hedge   |   Thu, 2 Feb 2017 14:03:19

Brexit white paper issued after secrecy complaints

David Davis promises to build 'national consensus' on how Britain should leave EU
FT   |   Thu, 2 Feb 2017 14:01:41

Brexit journey is just the beginning - BoE's Carney

Continuing with his comments in the post Quarterly Inflation Report presser, BoE Governor Mark Carney said: • BOE stimulus after Brexit vote is
Haresh Menghani / FX Street   |   Thu, 2 Feb 2017 13:58:33

UK Government publishes plan for Brexit

CNN   |   Thu, 2 Feb 2017 13:32:07

UK government plans for Brexit negotiations set out in white paper

Brexit Secretary David Davis has set out the British government's negotiating strategy for the UK's withdrawal from the EU in a keenly-awaited white paper. Launching the 77-page document in a statement to the House of Commons, Mr Davis said the paper confirmed Prime Minister Theresa May's vision of "an independent ...
PA / Times of Malta   |   Thu, 2 Feb 2017 13:20:00

Brexit uncertainty having material investment impact - BoE's Carney

Carney: Expect main impact on Brexit trade changes to take place after BoE forecast period Brexit uncertainty having material investment impact BoE
Pablo Piovano / FX Street   |   Thu, 2 Feb 2017 13:03:39

The UK wants the EU to succeed - Brexit white paper

UK Brexit Minister David Davis presented the white paper on government's Brexit strategy to the House of Commons on Thursday. Key highlights: • F
Haresh Menghani / FX Street   |   Thu, 2 Feb 2017 12:59:51

Bank of England faces fresh embarrassment as tears up its forecasts | Larry Elliott

Mark Carney and colleagues have been taken by surprise by the economy's strong performance despite the Brexit vote The Bank of England's inflation report was supposed to be a dull affair. The City thought the quarterly health check of the UK economy would be a bit of a yawn. Big ...
Larry Elliott / Guardian   |   Thu, 2 Feb 2017 12:55:05

READ: Brexit White Paper

The government has just released its Brexit white paper: The United Kingdom's Exit From and New Partnership With the European Union. Read it here. The post READ: Brexit White Paper appeared first on Guido Fawkes .
Guy Fawkes' blog   |   Thu, 2 Feb 2017 12:49:25

Uncertainty weighs on business investment - BoE's M.Carney

More on M.Carney: Fall in GDP reflects market anticipation of Brexit impact Uncertainty weighs on business investment Tension between UK's consumer
Pablo Piovano / FX Street   |   Thu, 2 Feb 2017 12:41:21

A complete breakdown of how MPs voted on the historic Brexit bill

LONDON - MPs took part in a landmark vote on Wednesday evening, when an overwhelming majority voted in favour of Theresa May triggering Article 50. Parliament voted by 498 to 114 to progress the European Union (Notification of Withdrawal) Bill, which if ultimately passed, will give the prime minister the ...
Business Insider   |   Thu, 2 Feb 2017 12:37:09

Bank of England raises UK growth forecast

Central bank predicts economy will grow by 2% this year, as signs continue economy is shrugging off Brexit blues The Bank of England has raised its forecasts for the UK economy sharply higher, in a move that increases the prospect of an early interest rate rise. After further signs that ...
Katie Allen / Guardian   |   Thu, 2 Feb 2017 12:27:49

Bank of England Revises Up Growth Forecast, Again

The pessimists at the Bank of England slashed their growth forecasts almost immediately after the Brexit vote. The economy proved resilient, prompting an upwards revision from 0.8% to 1.4% in November. Today on the BoE's Super Thursday the Bank yet again revises up its 2017 GDP growth forecast to 2%. ...
Guy Fawkes' blog   |   Thu, 2 Feb 2017 12:26:33

UK home to 80% of top-earning European bankers

Figures showing more than 4,000 City financiers were paid more than €1m in 2015 come as UK prepares for Brexit talks More than 4,000 City-based financiers were paid more than €1m (£850,000) in 2015 - including one who received nearly €34m. The latest data from regulator the European Banking Authority ...
Jill Treanor City editor / Guardian   |   Thu, 2 Feb 2017 11:00:28

Pound rallies ahead of Bank of England rate decision and inflation report - business live

UK central bank will deliver its latest verdict on interest rates and the economy today Introduction: Bank of England to set interest rates and release new forecasts Economists expect BoE to raise near-term growth forecasts Pound hits seven-week high 8.45am GMT The pound has hit its highest level of 2017 ...
Graeme Wearden / Guardian   |   Thu, 2 Feb 2017 08:45:08

RPT-Europe gets creative to win banks after Brexit

*How rival cities compare to London: LONDON/ FRANKFURT Feb 1- Regulators in European countries competing for post-Brexit banking business are offering London- based banks a range of short-term workarounds to help them relocate, bankers, regulators and lawyers say. Global banks have warned they might have to move their European...
CNBC   |   Thu, 2 Feb 2017 08:18:00

WSJ City: Deutsche Bank Posts Loss, May Wins Brexit Vote

Good morning from London. Here's essential reading today from WSJ City. WSJ City is made for London and made for mobile. Download for iPhone here or Android here. You'll need to open this email on your mobile device to do this. Please tell your friends and colleagues that they can ...
MoneyBeat   |   Thu, 2 Feb 2017 07:42:52

British MPs approve first stage of Brexit bill

British lawmakers approve first stage of Brexit bill after nearly 17 hours of debate in the House of Commons.
Al Jazeera   |   Thu, 2 Feb 2017 07:42:08

Brexit vote: Theresa May to publish White Paper setting out plans after MPs pass Bill to trigger Article 50 in 'historic vote'

Laura Hughes / Telegraph   |   Thu, 2 Feb 2017 07:37:56

Brexit: White paper to reveal government strategy today - BBC

BBC News reports that the White paper outlining the Brexit process is likely to face scrutiny from the politicians and public for the first time whe
Dhwani Mehta / FX Street   |   Thu, 2 Feb 2017 07:10:31

Brexit: White paper to reveal government strategy

The government's Brexit strategy is to face scrutiny from MPs and the public for the first time.
BBC   |   Thu, 2 Feb 2017 05:24:26

British MPs vote in favor of triggering Brexit

LONDON, Feb. 1 (Xinhua) -- Politicians in House of Commons gave overwhelming backing on Wednesday night to a parliamentary bill, paving the way for Prime Minister Theresa May to trigger the Article 50 mechanism for Britain to leave the European Union. ...
People's Daily   |   Thu, 2 Feb 2017 02:10:36

Bank of England faces Brexit balancing act on growth and rates

LONDON, Feb 2- The Bank of England will probably try on Thursday to avoid adding to speculation about a first interest rate hike in nearly a decade, even as it acknowledges the resilience of Britain's economy since last year's Brexit vote shock. After Britain surprisingly outgrew the world's other big ...
CNBC   |   Thu, 2 Feb 2017 00:01:00

Brexit News Archive: 03 Feb 2017     |     enquire