Brexit News Archive: 27 Mar 2017

May-Sturgeon remain locked in referendum battle

PM offers no promises of post-Brexit powers for Scotland
FT   |   Mon, 27 Mar 2017 17:45:35

U.K. Banks Need to Show They Can Withstand a Pound Crisis

U.K. stress tests this year will measure how banks will weather a pound crisis and sharply higher interest rates. That should give a clear view of the risks in U.K. lenders' recent rush into unsecured consumer lending, which has kept the U.K. economy humming since the Brexit vote.
Heard on the Street   |   Mon, 27 Mar 2017 13:32:01

UPDATE 1-Bank of England to check banks ready for disorderly Brexit

LONDON, March 27- Britain- based banks should take steps to ensure they do not have to curb lending suddenly if the country leaves the European Union in a disorderly way, the Bank of England said on Monday as Prime Minister Theresa May prepares to start Brexit talks. BoE Governor Mark ...
CNBC   |   Mon, 27 Mar 2017 12:57:00

UK banks asked to draw up plans to show they are prepared for Brexit

The Bank of England has asked UK banks, insurers and other financial institutions to draw up comprehensive plans for how they will deal with Britain's exit from the European Union.
Here Is The City   |   Mon, 27 Mar 2017 12:43:20

Brexit Bill Briefing: What Is Article 50, And Why Does It Matter?

function The official countdown to " Brexit " ― Britain's impending exit from the European Union ― begins on Wednesday, when Prime Minister Theresa May will formally launch the divorce proceedings by invoking Article 50 . The landmark law, which is part of the EU's Lisbon Treaty , permits any ...
Huffington Post   |   Mon, 27 Mar 2017 11:33:12

'Believe me, Brexit can be stopped': Watch Nigel Farage and Alistair Campbell have heated bust-up over Article 50

Helena Horton / Telegraph   |   Mon, 27 Mar 2017 10:18:13

Sadiq Khan will visit Brussels and Paris to tout post-Brexit business ties on the day May triggers Article 50

Mayor of London Sadiq Khan is going to visit Brussels, Belgium and Paris, France to strengthen economic ties between the financial powerhouses on same day the Prime Minister Theresa May is expected to trigger Article 50 - the start of the formal two-year Brexit negotiation process. Khan's office said in ...
Business Insider   |   Mon, 27 Mar 2017 10:06:14

UK banks asked to draw up plans to show they are prepared for Brexit

Bank of England says City institutions need to reassure regulators that they are ready for a 'range of possible outcomes' The Bank of England has asked UK banks, insurers and other financial institutions to draw up comprehensive plans for how they will deal with Britain's exit from the European Union. ...
Julia Kollewe / Guardian   |   Mon, 27 Mar 2017 09:26:41

BoE to check banks ready for range of Brexit outcomes

Central bank says banks will have to provide copies of contingency plans to reassure regulators they are ready for 'a range of possible outcomes'
Globe and Mail   |   Mon, 27 Mar 2017 09:12:12

Bank of England to check banks ready for range of Brexit outcomes

Telegraph   |   Mon, 27 Mar 2017 08:53:18

REFILE-Bank of England to check banks ready for range of Brexit outcomes

LONDON, March 27- British banks need to prepare for a wide range of potential outcomes and avoid sudden changes to lending as the country gets ready to leave the European Union, Bank of England policymakers said on Monday. Just two days before Prime Minister Theresa May plans to formally notify ...
CNBC   |   Mon, 27 Mar 2017 08:38:00

Billionaire inventor Sir James Dyson is 'enormously optimistic' about post-Brexit trade deals

Sir James Dyson, one of the world's most successful inventors, says he is "enormously optimistic" about Britain's trading landscape after it breaks away from the European Union because Europe accounts for only a small slice of over global trading. Dyson, who was a prominent backer of the Leave campaign, said ...
Business Insider   |   Mon, 27 Mar 2017 07:57:32

Sir James Dyson: I am 'enormously optimistic' about our future and UK has nothing to fear from hard Brexit

Steven Swinford / Telegraph   |   Mon, 27 Mar 2017 06:59:40

Dyson 'enormously optimistic' about post-Brexit trade

The billionaire says UK business success lies beyond Europe because "that's the fast-growing bit".
BBC   |   Mon, 27 Mar 2017 06:01:32

Live: Investors sell down risk assets after Trump's health-care flop

Our live blog is tracking reactions as investors sell down risk assets following Trump's health-care flop.
CNBC   |   Mon, 27 Mar 2017 04:36:00

Brexit: all you need to know about Article 50

The 262 words of the EU divorce clause could be the key to Britain's future
FT   |   Mon, 27 Mar 2017 04:01:46

Labour: Brexit deal must give business same benefits

Opposition party to step up scrutiny of government over leaving the EU
FT   |   Sun, 26 Mar 2017 21:37:11

Theresa May tells Nicola Sturgeon Britain will be a 'more united nation' after Brexit as PM prepares to trigger Article 50

Gordon Rayner / Telegraph   |   Sun, 26 Mar 2017 21:30:00

UK set to keep EU regulations after Brexit

No time to replace key agencies before departure, officials say
FT   |   Sun, 26 Mar 2017 19:01:27

EU looks at revealing negotiating positions for Brexit talks

Move could increase pressure on May to reveal more of UK strategy in talks
FT   |   Sun, 26 Mar 2017 16:20:54