Brexit News Archive: 07 Feb 2017

GM hit from Brexit takes shine off strong US sales

Group says planned UK exit from EU will prevent return to profit in Europe in 2017
FT   |   Tue, 7 Feb 2017 15:31:59

Back Brexit bill, Jeremy Corbyn orders Labour MPs

Opponents of Brexit are told to back the bill as ministers offer MPs a vote on the final deal.
BBC   |   Tue, 7 Feb 2017 15:06:13

Buoyant US consumers help GM deliver Q4 beat

US sales lift carmaker but Brexit related forex losses hit European profits
FT   |   Tue, 7 Feb 2017 13:45:27

Could Britain Become the New Singapore?: New at Reason

The people of the United Kingdom, and its politicians, have options after Brexit. Marian Tupy writes: On June 23, 2016, the British people voted in a referendum to leave the European Union. The shock on both sides of the English Channel was palpable and two schools of thought on the ...
Hit & Run   |   Tue, 7 Feb 2017 12:00:00

Corbyn orders Labour MPs to vote for Brexit bill even if they fail to win a single amendment

LONDON - Jeremy Corbyn will impose a three-line-whip on Labour MPs compelling them to vote to leave the EU, even if the party fails to win a single amendment to the Brexit bill. A senior Labour source confirmed to Business Insider that MPs will be expected to vote for Theresa ...
Business Insider   |   Tue, 7 Feb 2017 11:53:23

Beijing advises Chinese companies operating in Britain to take 'precautions' over Brexit

Chinese companies operating in Britain, especially in the financial sector or whose European headquarters are in Britain, need to take owing to uncertainly over Brexit, China's ambassador to Britain said. Before Britain's vote to exit the European Union last June, Beijing had not directly stated an opinion, viewing it as ...
Reuters / South China Morning Post   |   Tue, 7 Feb 2017 08:51:33

China advises companies to take 'precautions' over Brexit

Chinese companies operating in Britain, especially in the financial sector or whose European headquarters are in Britain, need to take due to uncertainly over Brexit, China's ambassador to London said. Before Britain's vote to exit the European Union in June last year, China had not directly stated an opinion, viewing ...
Japan Times   |   Tue, 7 Feb 2017 07:52:58

Live: House of Commons speaker to deny Trump address to UK parliament

Our live blog is tracking reactions as House of Commons Speaker John Bercow blocks U.S. President Donald Trump from speaking in Parliament.
CNBC   |   Tue, 7 Feb 2017 05:47:00

WSJ City's Afternoon Briefing: MPs Scrutinise Brexit Bill, Why Investors Loved Trump's Bank Order

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 MPs have begun a detailed examination of the government's ...
MoneyBeat   |   Mon, 6 Feb 2017 16:50:29

Brexit: MPs to begin detailed scrutiny of Article 50 bill

Labour will push for guarantees on EU citizens rights and a vote on any exit deal.
BBC   |   Mon, 6 Feb 2017 15:34:54

Everything you need to know about the Brexit bill amendments in 5 minutes

LONDON - MPs will on Monday afternoon begin debating and voting on a number of amendments to the Brexit bill. The debates will be long, confusing and ultimately mind-numbing to most people outside of the chamber. So to help you through the ordeal, here's our five-minute guide to what you ...
Business Insider   |   Mon, 6 Feb 2017 15:19:28

Brexit already hampering U.K. business, according to survey

More than half of British business leaders believe the vote to leave the European Union has had a negative impact on their companies, but most firms are confident they can survive the change
Globe and Mail   |   Mon, 6 Feb 2017 12:43:44

Brexit debate live: Theresa May will refuse to offer compromise to Tory MPs who plan to 'wreck' Article 50 bill

Laura Hughes / Telegraph   |   Mon, 6 Feb 2017 11:28:23

German Default Risk Spikes To Highest Since Brexit As Merkel Lead Plunges To Multi-Year Low

Germany's Social Democrats narrowed the gap with Chancellor Angela Merkel's bloc to the closest in more than four years, reinforcing a poll bounce after they chose outsider Martin Schulz to challenge Europe's longest-serving leader. As Bild reports, the 6-point surge in opposition support was the biggest ever recorded for the ...
Zero Hedge   |   Mon, 6 Feb 2017 07:45:00

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Monday. 1. Britain's financial services minister says the UK is in "a strong position" for Brexit negotiations and the government will push to "maximise the access" to the EU for banks and business. Economic Secretary to the Treasury Simon ...
Business Insider   |   Mon, 6 Feb 2017 06:55:31

Live: Trump claims courts are putting the country in 'peril' over travel ban

Our live blog is tracking reactions as President Donald Trump claims the courts are putting the country in "peril."
CNBC   |   Mon, 6 Feb 2017 05:38:00