Brexit News Archive: 15 Mar 2017

Brexit: Queen to give Royal Assent to Article 50 bill

Royal Assent on Thursday will clear the way for Theresa May to formally start talks to leave the EU.
BBC   |   Wed, 15 Mar 2017 22:06:19

Donald Tusk On Brexit - Don't Intimidate EU With No Deal Threat

This will make us richer. This is actually a threat to the Fortress Europe of the zollverein for what happens when people see that we become richer without the trade restrictions that the EU currently imposes?
Tim Worstall, Contributor / Forbes   |   Wed, 15 Mar 2017 17:11:00

The Dutch are voting in an election seen as a key test for populism and far-right movement

Millions of Dutch voters went to the polls Wednesday in a key test of the "patriotic revolution" promised by far-right MP Geert Wilders, as final opinion polls showed his support deflating. Following last year's shock Brexit referendum, and Donald Trump's victory in the US, the Dutch vote is being closely ...
Agence France-Presse / South China Morning Post   |   Wed, 15 Mar 2017 11:33:03

EU will not be 'intimidated' by Theresa May's threat to walk away without a Brexit deal, says Donald Tusk

Laura Hughes / Telegraph   |   Wed, 15 Mar 2017 10:07:24

The EU expected Theresa May to trigger Article 50 yesterday

LONDON - The European Union expected Britain to invoke Article 50 this week and had put plans in place in preparation for the historic event. European Parliament President Antonio Tajani had organised a press conference to take place on Thursday in anticipation of Prime Minister Theresa May triggering the start ...
Business Insider   |   Wed, 15 Mar 2017 09:41:23

UK BrexitMin Davis: Expect Queen's assent for Article 50 bill tomorrow

UK's Brexit Minister David Davis is out on the wires now, via Reuters, commenting on the Article 50 trigger talks. Key Headlines: UK govt has not do
Dhwani Mehta / FX Street   |   Wed, 15 Mar 2017 09:38:33

Headline unemployment in Britain just fell to another record low, but real wage growth is cooling rapidly

Headline unemployment falls to just 4.7% - a level not seen since summer 1975. Employment rate unchanged at 74.6%, another record low. Real wage growth is slowing, however, with regular pay increasing by 0.8%, the lowest level since October 2014. "The labour market remains robust," according to senior ONS statistician ...
Business Insider   |   Wed, 15 Mar 2017 09:34:28

Brexit: Donald Tusk warns UK against 'no deal threat'

The UK and Europe can remain "close friends in the future" the European Council president says.
BBC   |   Wed, 15 Mar 2017 09:28:07

EU's Tusk: EU is carefully preparing for Brexit talks

The European Union (EU) president Donald Tusk is on the wires now, via Reuters, speaking to parliament in Strasbourg. Key Points: Hopes EU can reach
Dhwani Mehta / FX Street   |   Wed, 15 Mar 2017 08:37:10

Second Scottish referendum: is independence now inevitable?

Following Nicola Sturgeon's announcement that she will seek authority for a Scottish referendum, Paul Cairney offers an overview of how the story may develop. With Brexit having drastically changed the independence argument, he explains how this new context could be used to support both those for and against leaving the ...
British Politics and Policy at LSE   |   Wed, 15 Mar 2017 08:30:15

Market Briefing - US markets ended lower yesterday, as a slump in crude oil prices dragged down energy producers

UK Market Snapshot UK markets closed in the red yesterday, led by losses in banking and energy stocks after the British Parliament approved the government's plan to start the Brexit process. Lenders, Lloyds Banking Group, Standard Chartered, Barclays and Royal Bank of Scotland Group fell 1.0%, 1.2%, 1.6% and 2.5%, ...
Proactive Investors   |   Wed, 15 Mar 2017 08:18:00

POLL: Support for Scottish independence hits a record high but so does anti-EU sentiment

Support for Scottish independence is strong, according to ScotCen's Scottish Attitudes Survey. Support for independence has doubled from 23% in 2012 to 46% in 2016. 67% of Scottish voters hold Eurosceptic views. LONDON - Scottish independence has never been so popular, according to a survey by research company ScotCen. But ...
Business Insider   |   Wed, 15 Mar 2017 08:14:50

Article 50: defusing the Brexit time-bomb

The tough battle looming over the EU and UK separation process
FT   |   Wed, 15 Mar 2017 06:54:58

EU could force May to wait until June to start Brexit talks - BBG

Overnight headlines reported by Bloomberg, cites unnamed EU officials noting that the European Union (EU) isn't planning to authorize Brexit talks unt
Dhwani Mehta / FX Street   |   Wed, 15 Mar 2017 05:08:22

WSJ City's Briefing: May Prepares to Trigger Article 50, How Brexit Deals May Shape Up, BOE's Hogg Falls On Sword

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 Theresa May said the government is on track to ...
MoneyBeat   |   Tue, 14 Mar 2017 16:53:45

Pound stumbles before US Fed meeting

(ChinaPost.com.tw) - The British pound slumped to an eight-week low point Tuesday on Brexit concerns, while markets were cautious overall ahead of a much-anticipated Federal Reserve policy meeting.
The China Post   |   Tue, 14 Mar 2017 16:07:00

UK Parliament Gives Final Approval to Trigger Brexit

The Guardian. UK.
The Guardian. UK. / World Affairs   |   Tue, 14 Mar 2017 15:20:33

Scottish Referendum won't help Brexit negotiations: Baroness Verma

"This referendum that the SNP are now wanting - or are expecting to have - doesn't help the negotiations," Baroness Verma said.
NetNet   |   Tue, 14 Mar 2017 14:40:00

FX Daily, March 14: Brexit Takes Fresh Toll on Sterling, While Dollar Firms more Broadly

UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50. It is not clear what UK she will lead out the EU. Scotland is beginning the legal proceedings to hold another referendum on independence. There is some talk that Northern Ireland, which ...
SNB CHF Blog   |   Tue, 14 Mar 2017 14:15:56

How Brexit border debate could affect human trafficking into UK

1000 Words/Shutterstock Recent government figures estimate that there are between 10,000 and 13,000 victims of modern slavery in the UK today. A large majority of these people are trafficked in from abroad. And, as the government report shows, a significant proportion of this group, perhaps even most of them, are ...
Jennifer Lynch, Early Career Research Fellow, University of Hertfordshire / The Conversation   |   Tue, 14 Mar 2017 13:48:27

GBP Tumbles as May Prepares Article 50

The pound tumbled against all of its Group-of-10 peers as London traders sold the currency after U.K. Prime Minister Theresa May was given the go-ahead to trigger Brexit. Sterling had a delayed reaction to the news, which came out late Monday in London and gives May the chance to formally ...
OANDA   |   Tue, 14 Mar 2017 13:10:39

Theresa May has set out the steps for triggering Article 50

LONDON - Prime Minister Theresa May has set out the steps for triggering Article 50 and initiating Britain's exit from the European Union. May told MPs on Tuesday that the Brexit bill will be signed by the Crown Office in the next few days and then announced to both houses ...
Business Insider   |   Tue, 14 Mar 2017 12:50:47

UK nearing 'defining' Brexit moment - PM

Brexit timetable on track after bill passes, clearing way for "defining moment" of Article 50 - PM tells Commons
BBC   |   Tue, 14 Mar 2017 12:47:16

UK committed to engaging Scottish government in the Brexit process - UK PM Spokesman

The UK PM spokesman was on wires, via Reuters, saying that UK was committed to engaging Scottish government in the Brexit process. He further added t
Haresh Menghani / FX Street   |   Tue, 14 Mar 2017 12:40:19

UKIP's millionaire bankroller Arron Banks says he's been expelled from the party

LONDON - UKIP donor Arron Banks says he has been expelled from the party after criticising its leader Paul Nuttall. Banks, a millionaire insurance tycoon, said on Tuesday morning that his UKIP membership had been suspended "apparently for saying current leadership [Nuttall] couldn't knock the skin off a rice pudding." ...
Business Insider   |   Tue, 14 Mar 2017 11:44:35

Scotland's Sturgeon throws Theresa May's Brexit plans into disarray with demand for independence vote

Scotland's plans for a second independence referendum have wrong-footed Prime Minister Theresa May, who could now be forced into giving the go-ahead for the vote – but only after Brexit. Scottish First Minister Nicola Sturgeon's bombshell announcement on Monday came at the start of a week in which May had ...
Agence France-Presse / South China Morning Post   |   Tue, 14 Mar 2017 11:27:43

Pound falls to eight-week low on Brexit concerns

Departure from EU is still not priced in to currency, analysts warn
FT   |   Tue, 14 Mar 2017 10:55:20

Brexit Takes Fresh Toll On Sterling, While Dollar Firms More Broadly

Seeking Alpha   |   Tue, 14 Mar 2017 10:33:08

Brexit Takes Fresh Toll on Sterling, While Dollar Firms more Broadly

UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50. It is not clear what UK she will lead out the EU. Scotland is beginning the legal proceedings to hold another referendum on independence. There is some talk that Northern Ireland, which ...
Marc to Market   |   Tue, 14 Mar 2017 10:15:56

A Lord compared Brexit-voting MPs to Hitler, Stalin and Mussolini

LONDON - A Liberal Democrat peer compared MPs who voted in favour of Brexit bill despite backing Remain as Adolf Hitler, Benito Mussolini and Joseph Stalin in an extraordinary House of Lords speech. Addressing the Lords on Monday night, Lord Dick Taverne said parliament was "taking a dangerous step" towards ...
Business Insider   |   Tue, 14 Mar 2017 09:25:52

Pound sinks to eight-week low as Brexit looms and investors turn nervous over Scottish referendum

Telegraph   |   Tue, 14 Mar 2017 08:38:02

Second Scottish Independence Referendum Looms as Formal Brexit Negotiations Are Finally Set to Begin

Monday, just after the U.K. parliament voted on whether to trigger trigger article 50 of the British constitution in order to begin the formal process of Brexit , the Scottish government threw a spanner in the works. Nicola Sturgeon, the First Minister of Scotland and leader of the Scottish National ...
truthdig   |   Tue, 14 Mar 2017 08:30:53

Brexit: UK's exit from EU clears final hurdle

Britain could begin the formal process of leaving the European Union as early as Tuesday if legislation approving the move passes its final hurdles on Monday.
CNN   |   Tue, 14 Mar 2017 08:21:31

Queen to give Brexit approval clearing the way for Theresa May to invoke Article 50 before March 27

Laura Hughes / Telegraph   |   Tue, 14 Mar 2017 08:10:06

LibDem Peer: Brexit Like Hitler, Mussolini and Stalin

Here's Lord Taverne explaining that honouring the referendum result is basically Hitler. And that he's a democrat. - Mark Wallace (@wallaceme) March 13, 2017 LibDem peer Lord Taverne with the maddest contribution to the Brexit bill debate last night: "It is a very dangerous step towards the doctrine that the ...
Guy Fawkes' blog   |   Tue, 14 Mar 2017 08:06:56

Pound hits eight-week low as Brexit fears rattle the City - business live

All the day's economic and financial news, as sterling slides after parliament gives Theresa May the green light to trigger article 50 Latest: Pound slides to two-month low The agenda: UK inflation basket changes; Fed meeting begins 7.53am GMT The prospect of Britain triggering its exit from the European Union ...
Graeme Wearden / Guardian   |   Tue, 14 Mar 2017 07:53:52

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Tuesday. 1. Theresa May has been given the power to trigger Article 50 - the two-year formal process by which Britain will leave the EU - after both houses of parliament voted to pass the Brexit bill unamended on ...
Business Insider   |   Tue, 14 Mar 2017 07:01:01

UK prime minister set to trigger Brexit final week of March, Xi gets the Mar-a-Lago treatment, and ghosts in Brazil's presidential palace

During his campaign, Donald Trump criticised China repeatedly - now he needs its help
FT   |   Tue, 14 Mar 2017 06:44:43

Brexit explained: What's next on the UK's road out of the EU

LONDON (AP) - Britain's Parliament has told Prime Minister Theresa May she can file for divorce from the European Union. She will send the formal letter by the end of March. Then comes the hard part - the arguments, the lawyers, the squabbles over money.
Associated Press   |   Tue, 14 Mar 2017 06:39:00

GBP/USD slumps to lows near 1.2170, despite Brexit clarity

The GBP/USD pair entered a bearish consolidation phase post-Tokyo-open and now breaks sharply lower below 1.22 handle, as the bears shrug-off reports
Dhwani Mehta / FX Street   |   Tue, 14 Mar 2017 06:12:21

Scotland takes a step toward new independence vote

Scotland's announcement Monday that it will begin preparations for a new independence bid raised the specter of one of Brexit's most feared consequences - the break-up of the United Kingdom. First Minister Nicola Sturgeon said she will seek the semi-autonomous Scottish parliament's authority next week to ask the U.K. government ...
Japan Times   |   Tue, 14 Mar 2017 05:01:10

Will GBP/USD cheer Brexit clarity?

The UK Parliament has passed the Brexit bill, paving the way for the government to trigger Article 50 and begin talks with EU. The bill could receive
Omkar Godbole / FX Street   |   Tue, 14 Mar 2017 03:10:28

UK-EU Brexit negotiations: '80% chance of no deal'

Nizam Idris, MD at Macquarie, believes the U.K. will eventually drop out of the E.U. after two years of failed negotiations, without any trade deals.
CNBC   |   Tue, 14 Mar 2017 02:57:00

Sterling Slips as Brexit Talks Get Green Light, Stocks Advance Before Fed

Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U.S. interest rate later in the week.
REUTERS / NY Times   |   Tue, 14 Mar 2017 02:39:28

GLOBAL MARKETS-Sterling slips as Brexit talks get green light, stocks advance before Fed

*Asia ex- Japan advance; Nikkei falls 0.1 percent. SINGAPORE, March 14- Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U.S. interest rate later in the week. The MSCI's ...
CNBC   |   Tue, 14 Mar 2017 02:36:00

Sterling slips as Brexit talks get green light, stocks subdued

The MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trade, while Japan's Nikkei dropped 0.1 per cent
Nichola Saminather / Globe and Mail   |   Tue, 14 Mar 2017 01:03:00

Sterling Slips as Brexit Talks Get Green Light, Stocks Subdued Before Fed

Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks were subdued ahead of an expected U.S. interest rate later in the week.
REUTERS / NY Times   |   Tue, 14 Mar 2017 00:48:30

GLOBAL MARKETS-Sterling slips as Brexit talks get green light, stocks subdued before Fed

*Asia ex- Japan flat; Nikkei falls 0.1 percent. SINGAPORE, March 14- Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks were subdued ahead of an expected U.S. interest rate later in the week. The ...
CNBC   |   Tue, 14 Mar 2017 00:43:00

Brexit News Archive: 15 Mar 2017     |     enquire