Brexit News Archive: 28 Mar 2017

Brexit begins as PM May signs historic letter to leave the EU

British Prime Minister Theresa May on Tuesday signed the historic letter that will launch Brexit when it is delivered to Brussels on Wednesday, a photo released by her office showed. Sitting in front of a lone Union Jack national flag and a portrait of Britain's first prime minister, Robert Walpole, ...
Agence France-Presse / South China Morning Post   |   Tue, 28 Mar 2017 22:02:57

Theresa May Signs Brexit Letter: What Happens Once Article 50 Is Triggered?

Moments ago, Theresa May signed the letter to European Council President Donald Truk which will invoke Article 50 and Trigger Brexit. SUN FRONT PAGE: 'Dover & out' #skypapers - Sky News (@SkyNews) March 28, 2017 What happens next? Here is a summary of next steps courtesy of Jack Davies, consultant ...
Zero Hedge   |   Tue, 28 Mar 2017 21:43:01

Theresa May signs the Article 50 letter

LONDON - Prime Minister Theresa May has just signed the Article 50 letter of notification that she will send to the European Union on Wednesday to formally get Brexit underway. May was pictured in Downing Street on Wednesday evening signing the historic letter, which will formally notify the European Commission ...
Business Insider   |   Tue, 28 Mar 2017 21:34:09

UK to trigger Article 50, starting Brexit process

UK Prime Minister Theresa May is to trigger Article 50 Wednesday, kick-starting the Brexit process that will see Britain leave the European Union in two years' time.
CNN   |   Tue, 28 Mar 2017 21:23:01

May sends historic Brexit letter to Brussels

No 10 anxious to avoid acrimonious divorce after setting Article 50 process in motion
FT   |   Tue, 28 Mar 2017 21:00:39

Article 50: May signs letter that will trigger Brexit

The letter will be delivered to the EU on Wednesday, marking formal notice of the UK's exit.
BBC   |   Tue, 28 Mar 2017 21:00:01

Scottish parliament backs new independence referendum

Motion passed 69 votes to 59 and comes a day before the United Kingdom takes the formal step towards Brexit.
Al Jazeera   |   Tue, 28 Mar 2017 16:59:59

UBS: 'President Marine Le Pen' Worse Than The Sack Of Rome, Thirty Years' War And Brexit Combined

Zut allors! Quelle catastophe!
Dealbreaker   |   Tue, 28 Mar 2017 16:18:38

Brexit: All you need to know about the UK leaving the EU

A guide to how the UK will leave the European Union following the 23 June referendum vote.
BBC   |   Tue, 28 Mar 2017 16:04:45

Brexit: Theresa May eyes 'special partnership' with EU

PM says she wants a "special partnership" with the EU as she prepares to begin process of leaving.
BBC   |   Tue, 28 Mar 2017 13:15:59

We will not allow Theresa May to deliver a hard Brexit for EU citizens - Gianni Pittella

British daily newspaper The Guardian quoted the leader of the socialist bloc in the European parliament, Gianni Pittella, in a recent article titled "
Eren Sengezer / FX Street   |   Tue, 28 Mar 2017 12:32:49

Japanese business lobby issues new Brexit warning

Company bosses fear the impact of leaving the EU on Britain's economic prospects
FT   |   Tue, 28 Mar 2017 11:48:14

Leavers Walk Out of Brexit Committee Over Benn's Highly Partisan Report

Leave-supporting members of the Brexit select committee walked out of a meeting this morning after Hilary Benn produced a report they found highly partisan and overly pessimistic. Last Wednesday Benn surprised committee members by revealing that he and the committee clerks were drawing up a report to be published on ...
Guy Fawkes' blog   |   Tue, 28 Mar 2017 11:14:45

MPs 'walk out' in protest at 'too gloomy' Brexit report

Several Brexit-backing MPs walked out of a Brexit select committee meeting, it is claimed.
BBC   |   Tue, 28 Mar 2017 10:55:38

Reuters News wrote a new post, Initial public offerings in Britain hit five-year low ahead of Brexit: Reuters, on the site PE Hub

(Reuters) - Initial public offerings (IPOs) by companies based in Britain have raised $1.53 billion so far in 2017, a 28 percent decline on last year and the lowest year-to-date total since 2012 as Britain [...]
peHUB   |   Tue, 28 Mar 2017 10:46:50

UK backing away from threat to leave with no deal, say EU diplomats

UK officials recognise that failure to agree post-Brexit trade deal with EU27 would cause havoc, according to EU sources European diplomats based in the UK say the British government is stepping back from its threat to leave the EU without a trade deal if negotiations break down. Related: Sir Tim ...
Patrick Wintour Diplomatic Editor / Guardian   |   Tue, 28 Mar 2017 05:32:21

Britain's new 12-sided pound coin the 'most secure' in the world, has hologram-like image to beat fakes

Britain's new £1 coin with the symbols of England, Scotland, Wales and Northern Ireland goes into circulation from Tuesday on the eve of the launch of a Brexit process that has put national unity in doubt. The 12-sided coin is the first change to the shape of the £1 coin ...
Agence France-Presse / South China Morning Post   |   Tue, 28 Mar 2017 04:31:31

UK airlines warned on post-Brexit flight restrictions

Groups such as EasyJet and BMI could lose intra-EU routes, says European Commission
FT   |   Tue, 28 Mar 2017 04:02:35

How will Brussels react to Article 50 being triggered?

Assessing the impact of impending Brexit on the EU and its institutions.
BBC   |   Tue, 28 Mar 2017 00:44:15

Brexit is about to begin. Here's what you need to know.

Five questions - and five answers - to help you understand what Britain's exit from the European Union might mean The post Brexit is about to begin. Here's what you need to know. appeared first on Macleans.ca .
Colin Horgan / Macleans   |   Mon, 27 Mar 2017 22:51:20

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

30Y Treasury Yield Back Below 3.00% As Shorts Squeezed To Lowest Since November

10Y yields are back below 2.40% and 30Y below 3.00% as the post-rate-hike curve collapse continues, aided by the biggest short-squeeze since Brexit sending speculative Treasury shorts to their lowest since November. The lofty fiscal expectations surrounding President Donald Trump have begun to subside. Bond bears are having major second ...
Zero Hedge   |   Mon, 27 Mar 2017 15:38:43

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