Brexit News Archive: 09 Feb 2017

Apple CEO Cook 'optimistic' about UK's future after Brexit: BBC

(Reuters) - Apple Inc Chief Executive Tim Cook told Prime Minister Theresa May the company was optimistic about Britain's future after it leaves the European Union, the BBC reported on Thursday.
Embargo Zone   |   Thu, 9 Feb 2017 20:44:58

Apple boss Tim Cook optimistic about UK's future outside EU

LONDON (AP) - Apple CEO Tim Cook says the technology giant is committed to Britain's future outside the European Union.
Associated Press   |   Thu, 9 Feb 2017 20:03:46

Corbyn replaces Lewis in shadow cabinet reshuffle

Rebecca Long-Bailey replaces Clive Lewis as shadow business secretary, who quit for the Brexit vote.
BBC   |   Thu, 9 Feb 2017 18:00:03

Bank of England appoints Charlotte Hogg as deputy governor

Chief operating officer will manage Bank's strategy during Brexit negotiations and sit on monetary policy committee The Bank of England has appointed Charlotte Hogg as its second most powerful executive, in a role that tasks the former financier with keeping a check on Britain's financial sector. Hogg has been appointed ...
Phillip Inman Economics correspondent / Guardian   |   Thu, 9 Feb 2017 17:57:26

UK House of Lords faces backlash over Brexit bill

Parliament's upper chamber is unlikely to block Britain's exit but bill amendments are expected
FT   |   Thu, 9 Feb 2017 13:17:44

UK banking: No wish for post-Brexit deregulation

Bankers in the UK have little if any appetite to row back on a decade of regulation they are just about getting used to.
Euromoney   |   Thu, 9 Feb 2017 10:15:00

Jeremy Corbyn: Clive Lewis quitting not a disaster

Labour's leader plays down the resignation of the shadow business secretary over the Brexit vote.
BBC   |   Thu, 9 Feb 2017 08:55:38

Ex-BOE's King: MPs' attitude made Brexit inevitable

The Telegraph quotes comments from the former BOE Governor Mervyn King, citing that the Brexit vote and the election of Trump as the US president "rai
Dhwani Mehta / FX Street   |   Thu, 9 Feb 2017 08:54:19

House of Lords given abolition warning over Brexit bill

A source tells the BBC the House of Lords will face calls to be abolished if it opposes Brexit.
BBC   |   Thu, 9 Feb 2017 05:21:27

Goldman to close London internal hedge fund

Bank says shutting down of GSIP not linked to Brexit concerns
FT   |   Thu, 9 Feb 2017 04:45:11

Hastings to buy remainder of UK's South East Water

Australian fund says deal shows 'confidence and commitment' to Britain post-Brexit
FT   |   Thu, 9 Feb 2017 03:12:16

Brexit vote: what happens now, will House of Lords change Bill and when will Article 50 be triggered?

Christopher Hope / Telegraph   |   Thu, 9 Feb 2017 01:40:32

Goldman moves London hedge fund to US

Goldman Sachs closes London hedge fund office and moves staff to US but denies it has anything to do with Brexit.
BBC   |   Wed, 8 Feb 2017 23:42:37

Brexit vote: Clive Lewis quits shadow cabinet as MPs back bill

The Brexit bill clears the Commons by 494 votes to 122 as Labour frontbencher Clive Lewis quits.
BBC   |   Wed, 8 Feb 2017 23:04:31

Brexit bill passed by U.K. House of Commons

The bill will now go to the House of Lords, which could delay its passage into law, but not derail it The post Brexit bill passed by U.K. House of Commons appeared first on Macleans.ca .
The Associated Press / Macleans   |   Wed, 8 Feb 2017 22:30:42

SNP MPs told off for singing Ode to Joy

Scottish National Party MPs were told off by the deputy speaker for whistling the EU anthem "Ode to joy" as MPs voted on Brexit legislation.
BBC   |   Wed, 8 Feb 2017 22:26:35

Mervyn King: MPs' attitude made Brexit inevitable

Telegraph   |   Wed, 8 Feb 2017 21:44:09

Goldman Sachs' Hedge Fund Is Doing A Super Hard Brexit

Lloyd tells London hedgies "You don't have to go to Frankfurt, but you can't stay here."
Dealbreaker   |   Wed, 8 Feb 2017 21:36:52

Labour in crisis as Clive Lewis quits shadow cabinet and more than 50 MPs vote against triggering formal Brexit negotiations

Kate McCann / Telegraph   |   Wed, 8 Feb 2017 21:30:40

SNP Sing Ode to Joy as MPs Vote For Brexit

.@theSNP MPs whistle the Anthem of Europe, 'Ode to Joy', as rUK MPs vote to leave the EU. - Ross Colquhoun (@rosscolquhoun) February 8, 2017 Sad! The post SNP Sing Ode to Joy as MPs Vote For Brexit appeared first on Guido Fawkes .
Guy Fawkes' blog   |   Wed, 8 Feb 2017 20:54:50

UK's House of Commons passes bill authorizing Brexit

The government didn't want to let Parliament debate this bill at all.
CNBC   |   Wed, 8 Feb 2017 20:52:00

British MPs approve bill to start Brexit

British MPs overwhelmingly backed a bill on Wednesday empowering Prime Minister Theresa May to start negotiations on leaving the European Union, bringing Brexit a significant step closer. Members of the House of Commons voted 494 by 122 for a law allowing May to trigger Article 50 of the EU's Lisbon ...
Agence France-Presse / South China Morning Post   |   Wed, 8 Feb 2017 20:33:03

Corbyn ally Clive Lewis resigns from the Labour shadow cabinet

LONDON - Labour MP Clive Lewis has officially resigned from the shadow cabinet after refusing to follow Jeremy Corbyn's three-line-whip and vote in favour of the Brexit bill. The MP for Norwich South stepped down as shadow Business Secretary on Wednesday evening after Labour failed to force any amendments to ...
Business Insider   |   Wed, 8 Feb 2017 20:11:47

Support for Scottish independence rises due to Brexit

Support for Scottish independence has risen since British Prime Minister Theresa May came out last month in favour of Britain making a clean break with the European Union when it leaves the bloc, an opinion poll showed on Wednesday. The poll still showed a slim majority opposed to independence, but ...
Reuters / South China Morning Post   |   Wed, 8 Feb 2017 18:41:43

UK fintech funding is recovering post-Brexit

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The UK has long held an established fintech lead, but as Brexit looms closer, concern about losing its crown has grown. A particular worry has been that Brexit will scare away investors ...
Business Insider   |   Wed, 8 Feb 2017 17:44:00

Irish PM seeks eastern Europe's support over Brexit

Dublin engages in a flurry of diplomacy as it highlights fallout from UK's departure
FT   |   Wed, 8 Feb 2017 15:30:01

UK parliament to hold final vote on Brexit bill

Britain's lower house of parliament is expected to hold a final vote Wednesday on whether Prime Minister Theresa May's government can officially begin the Brexit process.
CNN   |   Wed, 8 Feb 2017 14:18:36

Final Countdown: When is the Brexit Bill vote and how could affect the British pound?

In less than 7-hours, the House of Common is expected to settle the 'Brexit Bill' saga as the final vote clocks at 20:00 GMT. Tonight, the United King
Jose Ricaurte Jaen / FX Street   |   Wed, 8 Feb 2017 13:27:30

Brexit brain drain from London increases possibility of financial meltdown: Think tank

The EU must adopt a stronger oversight of banks in order to avoid a financial meltdown as a result of Brexit; Brussels think tank.
Here Is The City   |   Wed, 8 Feb 2017 13:11:27

UK's House of Commons set to pass bill authorizing Brexit

LONDON (AP) - Britain's House of Commons is set to approve a bill authorizing the start of exit talks with the European Union - a major step on the road to Brexit.
Associated Press   |   Wed, 8 Feb 2017 13:03:26

GBP/USD weaker below 1.25 mark, awaits final vote on Brexit bill

Having posted a session high at 1.2518 level, the GBP/USD pair reversed course and dropped to 1.2475 region before recovering few pips to currently tr
Haresh Menghani / FX Street   |   Wed, 8 Feb 2017 12:54:33

Brexit brain drain from London increases possibility of financial meltdown: Think tank

The EU must adopt a stronger oversight of banks so as to avoid a financial meltdown as a result of Brexit; think tank.
CNBC   |   Wed, 8 Feb 2017 12:30:00

UK pay growth likely to slow despite inflation, says Bank of England

Forecast will dash hopes of those expecting bumper rises as economy shrugs off effects of Brexit vote Hopes of bumper pay rises as the economy shrugs off the effect of the Brexit vote appear to be dashed by a Bank of England survey that predicts a decline in wages growth ...
Phillip Inman Economics correspondent / Guardian   |   Wed, 8 Feb 2017 12:15:18

Post-Brexit trading boost helps Hargreaves Lansdown report strong half-year profits but shares fall

A boost from post-Brexit trading saw investment platform Hargreaves Lansdown PLC (LON:HL.) report strong gains in half-year profits, but is shares fell as net new business inflows were down on the previous year, missing forecasts. The FTSE 100-listed firm saw its pre-tax profits increase by 21% to £131.0mln for the ...
Proactive Investors   |   Wed, 8 Feb 2017 12:15:00

Here's how the roll-back of Dodd-Frank could impact European banks

President Donald Trump is set to dismantle the 2010 Dodd-Frank financial regulatory framework. But hows does it impact European banks?
CNBC   |   Wed, 8 Feb 2017 10:44:00

U.K.'s House of Commons set to pass bill authorizing Brexit

The bill sailed through an earlier vote last week 498-114.
USA Today   |   Wed, 8 Feb 2017 09:58:41

Brexit boosts support for Scottish independence - BMG poll

Support for Scottish independence rose last month after British Prime Minister Theresa May came out in favour of Britain making a clean break with the European Union, a BMG survey for Herald Scotland has shown. It indicated 49 percent of Scots now support independence - a 3 point rise from ...
Times of Malta   |   Wed, 8 Feb 2017 09:02:00

Brexit will cost UK 30,000 finance jobs, says Brussels thinktank

The UK could lose 30,000 finance sector jobs as a result of Brexit, but EU rivals need to act to avoid importing banking risk to the continent, according to an influential thinktank with close ties to the European commission.
Here Is The City   |   Wed, 8 Feb 2017 08:21:24

Brexit live: Jeremy Corbyn faces major rebellion as MPs prepare for final vote on Article 50 Bill

Laura Hughes / Telegraph   |   Wed, 8 Feb 2017 08:01:58

A boost from post-Brexit trading helps Hargreaves Lansdown report strong half-year profits

A boost from post-Brexit trading saw investment platform Hargreaves Lansdown PLC (LON:HRV) report strong gains in half-year profits, although net new business inflows were down on the previous year. The FTSE 100-listed firm saw its pre-tax profits increase by 21% to £131.0mln for the six months to December 31, up ...
Proactive Investors   |   Wed, 8 Feb 2017 07:55:00

Forex Today: Yen volatile in Asia, UK Brexit bill vote in focus

Yet another quiet Asian session this Wednesday, with the Japanese currency having witnessed two-way trades versus the greenback amid reports of BOJ bo
Dhwani Mehta / FX Street   |   Wed, 8 Feb 2017 07:03:17

UK Brexit bill vote: Big event ahead - TDS

Analysts at TDS provide a brief preview of what to expect from the UK Brexit bill vote that is scheduled later today. Key Quotes: "After passing its
Dhwani Mehta / FX Street   |   Wed, 8 Feb 2017 06:36:40

Top bankers face off over impact of messy Brexit

Carney says architecture of financial system could collapse but Draghi disagrees
FT   |   Wed, 8 Feb 2017 05:34:30