Brexit News Archive: 30 Mar 2017

London will remain Europe's financial capital despite Brexit

Never mind Lloyd's, City will remain streets ahead of its European competitors even if hundreds of jobs go to Paris or Brussels If Lloyd's of London is serious about banning its brokers from enjoying a pint at lunchtime, which was last month's edict from the top of the Richard Rogers ...
Nils Pratley   |   Thu, 30 Mar 2017 18:38:10

Difference between Trump and Le Pen? - Nomura

Analysts at Nomura explained that many investors are approaching the French elections with the memory of the Brexit vote and the surprise victory of D
Ross J Burland / FX Street   |   Thu, 30 Mar 2017 16:53:26

Europe carves steady path on Trump, Brexit

(ChinaPost.com.tw) - Europe's main stock markets steadied Thursday as investors mull the outlook for U.S. President Donald Trump's economic agenda and Britain's Brexit negotiations with the European Union.
The China Post   |   Thu, 30 Mar 2017 16:20:00

Here's How Brexit Is Going To Affect Your Cadbury Chocolate

The official countdown to Brexit began on Wednesday, leaving two years for Britain to negotiate an exit from the European Union . While that means change for a host of issues, we're here to talk about chocolate. Because of Brexit, Cadbury must raise its prices or shrink the size of ...
HuffingtonPost   |   Thu, 30 Mar 2017 14:44:13

UK's Brexit Great Repeal Bill Is Really The Great Adoption Bill

Unless we're legislating against the harm to a third party stemming from consensual adult activity--or of course the more simply criminal harm to a second--then I can't see the point of having the regulation at all. So that's about 95% of the laws for us to get rid of then.
Tim Worstall, Contributor / Forbes   |   Thu, 30 Mar 2017 14:15:00

Brexit galvanises Europe's centre-right leaders

Bloc seeks to strengthen co-operation among 27 remaining member states
FT   |   Thu, 30 Mar 2017 14:06:45

Lloyd's of London to open Brussels office due to Brexit

Lloyd's of London will open a Brussels office in early 2019 due to Brexit, the insurance market said March 30, one day after the U.K. government triggered the nation's EU divorce.
Hurriyet   |   Thu, 30 Mar 2017 13:55:00

Everything you need to know about the Great Repeal Bill White Paper in five minutes

Government publishes "Great Repeal Bill" designed to untangle UK from EU law. However, all EU laws and regulations wil be retained in the immediate aftermath of Brexit. European court case law will also still apply to UK laws. EU law will remain supreme to British law passed before Brexit. Government ...
Business Insider   |   Thu, 30 Mar 2017 13:42:45

British PM May faces early setback in Brexit talks

France joins Germany in rejecting idea of of Britian and EU working out a trade deal in parallel with exit talks
PAUL WALDIE / Globe and Mail   |   Thu, 30 Mar 2017 12:41:18

Brexit Gold Buying - UK Demand for Gold Bars Surges 39%

Brexit Gold Buying - UK Demand for Gold Bars Surges 39% - UK investors buy gold bars as demand surges 39% in 2016- Brexit Day sees Article 50 triggered and pound weakens- "Brexit nerves" see "Brits hoard gold" reports WSJ- End of 44 year relationship with closest economic partner- May ...
Zero Hedge   |   Thu, 30 Mar 2017 12:25:52

Britain Sets Historic Brexit Process in Motion

Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesAndy Buchanan/Agence France-Presse/Getty ImagesBritain Sets Historic Brexit Process in Motion The U.K. formally began the process of exiting from the European ...
WSJ   |   Thu, 30 Mar 2017 11:59:29

Brexit Gold Buying - UK Demand for Gold Bars Surges 39 percent

As the UK triggered its formal departure from the European Union yesterday, gold demand from UK investors remained ongoing and robust with increased numbers of British investors diversifying into physical gold in order to hedge the considerable uncertainty and volatility that the coming months and years will bring.
SNB CHF Blog   |   Thu, 30 Mar 2017 11:52:41

J.P. Morgan Scours Europe for Best Post-Brexit Home

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WSJ   |   Thu, 30 Mar 2017 11:49:55

Morning News: March 30, 2017

Oil Stays Above $49 as U.S. Fuel Demand Blunts Crude Supply Gain Beginning `Brexit' and Bracing For Impact Lloyd's of London Chooses Brussels for Post-Brexit [...]
Eddy Elfenbein   |   Thu, 30 Mar 2017 11:09:40

Brexit: UK to publish bill to replace EU laws

The UK government is to set out details Thursday of how it plans to convert thousands of pieces of EU law into domestic law when Britain leaves the European Union.
CNN   |   Thu, 30 Mar 2017 10:08:28

Article 50 letter: Read it in full

Telegraph Reporters / Telegraph   |   Thu, 30 Mar 2017 09:18:56

EU's Dijsselbloem: UK must pay Brexit bill before trade talks begin

Speaking in Dutch parliament today, Eurogroup President Dijsselbloem noted that the UK must pay Brexit bill before trade talks begin, re-igniting 'Har
Dhwani Mehta / FX Street   |   Thu, 30 Mar 2017 09:10:00

Bad Brexit Deal Better Than No Deal? Mathematical Idiocy!

Authored by Mike Shedlock via MishTalk.com, At the top of the list of absurd Brexit advice is the notion that a bad deal is better than no deal. But that's what Andrew Duff at the European Policy Center says. Drop the Clichés The British side should stop pretending that 'no ...
Zero Hedge   |   Thu, 30 Mar 2017 09:00:00

Let reason rule the day

Negotiators on both sides of the Brexit table need to exercise restraint and be willing to search for mutually acceptable compromises.
Hugh Cortazzi / Japan Times   |   Thu, 30 Mar 2017 08:52:08

For Britain, the real work on Brexit starts now

There are economic signs Brexit will be less disastrous than some anticipated, but the ongoing sense of uncertainty about the future does real harm.
Peter Apps / Japan Times   |   Thu, 30 Mar 2017 08:51:57

Brexit's Great Repeal Bill

Seeking Alpha / Seeking Alpha   |   Thu, 30 Mar 2017 08:41:35

GBP/USD - What Next After Article 50?

The pound has been very sensitive to all things Brexit over the last nine months since the EU referendum but how did it trade on the day UK Prime Minister Theresa May officially triggered article 50? With the process now underway, what are the next steps? Will negotiations begin immediately ...
OANDA   |   Thu, 30 Mar 2017 08:23:17

Theresa May's Great Repeal Bill is the biggest political power grab of modern times

The British government has promised a "Great Repeal Bill" to transfer EU law to the UK. Thousands of pieces of legislation will need to be moved, amended or scrapped before Britain leaves the EU. Government to be handed powers to remove EU laws at the swipe of a pen. House ...
Business Insider   |   Thu, 30 Mar 2017 08:16:22

Brexit minister to lay out plan to repeal EU laws

Davis plays down task despite breadth of regulations needing new legislation
FT   |   Thu, 30 Mar 2017 08:02:42

Lloyd's of London plans to open Brussels office by start of 2019

Lloyd's of London aims to have a new Brussels office up and running by the start of 2019, providing a subsidiary within the EU so that its insurance underwriting business carries on "without interruption" after Brexit.
Here Is The City   |   Thu, 30 Mar 2017 07:47:44

UK ministers to use Great Repeal Bill powers to make 1,000 'corrections' to EU laws post-Brexit

Government publishes White Paper on the Great Repeal Bill. Bill will allow ministers to make sweeping changes to EU laws. An estimated 1,000 changes could be made to laws without approval of MPs. Davis insists laws need to be "put right." LONDON - The government is to make an estimated ...
Business Insider   |   Thu, 30 Mar 2017 07:34:51

Seems Sensible - Lloyd's Of London To Open Brussels Office Post-Brexit

That is, changing the legal form of an office they already have and staff is all they need to do. Brexit just isn't that much of a threat to The City after all.
Tim Worstall, Contributor / Forbes   |   Thu, 30 Mar 2017 07:33:00

Pound and FTSE 100 steady as Lloyd's of London confirms Brussels move - business live

All the day's economic and financial news, as Lloyd's of London outlines plans for a new European foothold ready for the UK's departure from the EU. 8.31am BST That didn't take long. "It is now crucial that the UK government and the European Union proceed to negotiate an agreement that ...
Graeme Wearden / Guardian   |   Thu, 30 Mar 2017 07:31:45

Britain Does Not Expect £50 Billion Brexit Bill

Brexit minister David Davis said he did not expect Britain to have to pay 50 billion pounds ($62 billion) to the European Union as part of the Brexit process and said the era of huge sums being paid to Brussels was coming to an end. British media reports have suggested ...
OANDA   |   Thu, 30 Mar 2017 07:24:20

May Criticized For Attempts to Tie Trade to Security

U.K. Prime Minister Theresa May got a first taste of the high-wire act involved in European Union negotiations after her opening offer for a Brexit deal ran into immediate opposition from EU leaders who challenged her attempt to tie a free-trade deal to security cooperation. In an early sign that ...
OANDA   |   Thu, 30 Mar 2017 07:16:26

Lloyd's of London plans to open Brussels office by start of 2019

World's biggest insurance market expected to shift 100 out of 600 jobs from UK to retain presence in EU post-Brexit Lloyd's of London aims to have a new Brussels office up and running by the start of 2019, providing a subsidiary within the EU so that its insurance underwriting business ...
Julia Kollewe / Guardian   |   Thu, 30 Mar 2017 07:04:46

Brexit begins as Theresa May triggers Article 50

Prime minister sets out Britain's negotiating stance in statement to MPs
FT   |   Thu, 30 Mar 2017 06:54:02

UK's Davis: Must renegotiate security in Brexit talks - ITV

In an interview with ITV on Thursday, Brexit minister David Davis noted that the UK government must renegotiate security in Brexit talks. Key Points:
Dhwani Mehta / FX Street   |   Thu, 30 Mar 2017 06:37:42

Amid Brexit, Lloyd's of London sets up office in Brussels

LONDON (AP) - Lloyd's of London is setting up a subsidiary in Brussels so that it can continue to write insurance in Europe once Britain leaves the European Union.
Associated Press   |   Thu, 30 Mar 2017 05:02:00

Live: Trump looks to resuscitate health-care plan; warns Obamacare is about to explode

Our live blog is tracking reaction as President Donald Trump looks to resuscitate his health-care plan, claiming Obamacare is about to explode.
CNBC   |   Thu, 30 Mar 2017 04:38:00

GBP/USD holds above 50-DMA, Hard Brexit ahead?

GBP/USD trades steady above the 50-DMA level of 1.2426 as investors await more info about the two-year long Brexit negotiation process. Low odds of H
Omkar Godbole / FX Street   |   Thu, 30 Mar 2017 02:14:39

Markets rise amid optimism, UK triggers Brexit

Markets rose on Wednesday. The S&P 500 rose 0.1 percent, the STOXX Europe 600 rose 0.3 percent and the Nikkei 225 rose less than 0.1 percent. Oil rose. West Texas Intermediate crude rose 2.4 percent while Brent rose 2.1 percent. Analysts are optimistic on stocks. Randy Frederick, vice president of ...
Skeptical Speculator   |   Thu, 30 Mar 2017 01:48:00

Gold steady amid Brexit, doubts over Trump policy and French election

Gold prices held steady, supported by uncertainties on the impact of Britain's departure from the European Union.
CNBC   |   Thu, 30 Mar 2017 01:34:00

Theresa May triggers Brexit Article 50

Article 50 letter hand delivered to European Union by British ambassador, initiating two-year countdown to EU exit.
Al Jazeera   |   Thu, 30 Mar 2017 00:51:17

Brexit sovereignty plan set out in Great Repeal Bill

Measures to end the supremacy of EU law come after the government formally triggered Brexit.
BBC   |   Thu, 30 Mar 2017 00:17:26

With Brexit, Britain pulls the trigger - on itself

Ever since June 23, when the British public cast a stunning, if narrow, vote to leave the European Union, many of Britain's wiser and more thoughtful political and business leaders have been living in a state of wishful thinking, cherishing the hope that somehow, the decision to end 45 years ...
Money & Company   |   Wed, 29 Mar 2017 23:10:00

Brexit minister plays down difficulty of importing EU laws

David Davis prepares to publish details of how European law will be repealed and replaced
FT   |   Wed, 29 Mar 2017 23:01:05

Nicola Sturgeon 'out of touch' with Scots over Brexit as poll shows support for Theresa May vision

Simon Johnson / Telegraph   |   Wed, 29 Mar 2017 23:01:00

Now that the clock is running on 'Brexit,' here's what you need to know

The two-year countdown began Wednesday toward Britain's official departure from the European Union, raising a question: What happens now? There will be deals to work out, among them trade, legal agreements, and the rights of British expatriates living in EU nations. British Prime Minister Theresa...
Money & Company   |   Wed, 29 Mar 2017 22:25:00

Oil up after data as dollar gains on Brexit

Stocks edged up on Wall Street yesterday, not enough to lift a global equities index, while crude futures hit a week high after a build in US inventories. The euro slipped after Reuters reported European Central Bank policymakers are wary of making any new change to their policy message in ...
Reuters / Times of Malta   |   Wed, 29 Mar 2017 22:01:05

Brexit Begins: What Next After Article 50?

Britain's divorce from the EU is under way, but the complex negotiating process has just begun. We believe a mutually beneficial deal can be reached-as long as both sides focus on the risks of failure The phoney war is over. [...] The post Brexit Begins: What Next After Article 50? ...
Value Walk   |   Wed, 29 Mar 2017 20:47:11

Theresa May gives clear hint that Britain will pay Brexit divorce bill -but will not say if it is £50billion

Steven Swinford / Telegraph   |   Wed, 29 Mar 2017 19:46:17

May confirms role of security in any Brexit deal

Policing co-operation will influence terms of departure, PM says in interview
FT   |   Wed, 29 Mar 2017 19:41:18

Dollar rises after Trump selloff, helped by Fed comments, ECB report

The euro fell to $1.0741 following the report, its lowest since March 21.
CNBC   |   Wed, 29 Mar 2017 19:34:00

Brexit Starts Now: Here's How Great Britain Will Leave the European Union

By Gemma Acton,CNBCMarch 29, 2017The formal two-year process governing Britain's departure from the European Union (EU) began when Article 50 of...
jstelzer / Fiscal Times   |   Wed, 29 Mar 2017 19:33:28

GLOBAL MARKETS-Oil up after data; Brexit, Fed give dollar support

NEW YORK, March 29- Stocks rose slightly on Wall Street on Wednesday, just enough to buoy a global equities index, while crude futures hit a week high after a build in U.S. inventories. Chicago Fed President Charles Evans said he favors further rate hikes this year, while Boston Fed President ...
CNBC   |   Wed, 29 Mar 2017 19:26:00

Brexit & Beyond: U.K. Sets Brexit in Motion, the Money Fight Explained, the EU-U.K. Trade Challenge

Brexit & Beyond: Europe in Flux is The Wall Street Journal's round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here. MUST READS Prime Minister Theresa May has officially triggered Article 50 of the EU's Lisbon Treaty and notified the ...
MoneyBeat   |   Wed, 29 Mar 2017 18:15:00

Gold ticks higher as Brexit due to be triggered

Gold edged higher on Wednesday as uncertainty about Brexit talks, French elections and President Donald Trump's economic policies.
CNBC   |   Wed, 29 Mar 2017 18:11:00

How Brexit May Impact London's Prime Real Estate Market

As the United Kingdom formally notifies the European Union of its intention to leave the bloc, a period of uncertainty opens up for the British economy and the London real estate market, but realtors believe property in the British capital will ultimately prove resilient
Carla Passino, Contributor / Forbes   |   Wed, 29 Mar 2017 17:59:00

The Opportunities Brexit Gives Britain to Reshape Itself

Today, British Prime Minister Theresa May formally notified the European Union (EU) that Britain will leave the Union. This is a great day for believers... Read More The post The Opportunities Brexit Gives Britain to Reshape Itself appeared first on The Daily Signal .
The Foundry   |   Wed, 29 Mar 2017 17:55:54

Brexit Begins As Article 50 Is Triggered By UK

The UK has started the process on leaving the European Union. So much depends on sensible, not spiteful negotiations.
Stephen Pope, Contributor / Forbes   |   Wed, 29 Mar 2017 17:53:00

Brexit 'sad day that cd have been avoided' - Pittella (2)

Rome, March 29 - European Parliament Socialist whip Gianni Pittella said the triggering of Brexit Wednesday was "a sad day that could have been avoided, but democracy is democracy and must be respected. "When you have a divorce between two parents you go to the lawyer and the first things ...
Gazzetta Del Sud   |   Wed, 29 Mar 2017 17:45:00

PM May accused of using security of UK, EU citizens as bargaining chip in Brexit talks

British Prime Minister Theresa May has been accused of threatening to use the safety of UK and European citizens as a bargaining chip in Brexit talks.
CNN   |   Wed, 29 Mar 2017 17:38:16

Lloyd's of London will move jobs to new Brussels office

World's biggest insurance market expected to shift 100 out of 600 jobs from London to retain presence in EU post-Brexit Lloyd's of London will announce on Thursday that it has picked Brussels as the base for its new EU subsidiary to secure a European foothold after the UK's departure from ...
Julia Kollewe / Guardian   |   Wed, 29 Mar 2017 17:21:41

Europe's Leaders Are Taking The Brexit Breakup Hard

function The United Kingdom on Wednesday formally began the process of leaving the European Union, and Europe's leaders have reacted to the breakup with a mix of sorrow and insistence that the EU will stay strong. "There is no reason to pretend that this is a happy day, neither in ...
Huffington Post   |   Wed, 29 Mar 2017 17:18:11

UK businesses welcome May's free trade call but warn of no-deal Brexit disaster

Airlines and auto industry remain concerned over race against time to secure a deal that can retain access to European single market British businesses have cautiously welcomed the prime minister's pledge to work for a "bold and ambitious free trade agreement" with the EU as part of the Brexit negotiations, ...
Simon Goodley and Graham Ruddick / Guardian   |   Wed, 29 Mar 2017 17:14:10

Banks ready Brexit changes, but tell staff no panic

Major banks said they won't be rushing their decisions on footprint changes due to Britain's exit from the European Union, but said some staff will inevitably have to move and some institutions are looking at buying property in other cities.
IFR   |   Wed, 29 Mar 2017 16:52:00

Gold Higher After Brexit Triggered

Gold edged up on Wednesday, as uncertainty about Brexit talks, French elections and U.S. President Donald Trump's economic policies boosted safe-haven buying and offset a firmer dollar. Spot gold was up 0.1 percent at $1,252.11 per ounce at 1505 GMT. U.S. gold futures slipped 0.3 percent to $1,251.90. "There are ...
OANDA   |   Wed, 29 Mar 2017 16:50:59

A linguist's guide to the Theresa May Article 50 letter

With the delivery of Theresa May's letter to Donald Tusk, the European Council president, the UK gave official notification of its intention to leave the EU. The letter not only signalled the legal start of the Brexit process, but also gave the British prime minster the chance to frame the ...
Philip Seargeant, Senior Lecturer in Applied Linguistics, The Open University / The Conversation   |   Wed, 29 Mar 2017 16:38:20

European stocks recover as UK triggers Brexit

European stocks closed the day higher for a second straight session, as investors didn't pay much attention to the official beginning of the U.K.'s ne
Eren Sengezer / FX Street   |   Wed, 29 Mar 2017 16:28:41

London banks tell staff to keep cool as Brexit goes forward

Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday. Investments banks Goldman Sachs and Nomura were among those who sent messages to employees in London, ...
Reuters / South China Morning Post   |   Wed, 29 Mar 2017 16:27:03

Gilt yields near one-month low as Britain starts clock on Brexit

LONDON, March 29- British government bonds rallied to their highest in almost a month on Wednesday as Prime Minister Theresa May formally started two years of talks to leave the European Union, Demand was boosted by end-of-quarter buying across major markets as well as by market uncertainty about Brexit. "There ...
CNBC   |   Wed, 29 Mar 2017 16:17:00

Watch: What Theresa May wrote in the UK's Brexit letter

Theresa May's Brexit letter to European Union President Donald Tusk will please EU leaders by sounding constructive and acknowledging Britain must settle obligations before leaving. But the prime minister also made some tougher demands. In the six-page document delivered today to the EU summit chair to trigger a two-year countdown ...
Alastair Macdonald for Reuters / Times of Malta   |   Wed, 29 Mar 2017 16:09:00

UK Prime Minister May triggers 'historic' Brexit with letter to EU

U.K. Prime Minister Theresa May formally began Britain's divorce from the European Union on March 29, saying there was "no turning back" from a decision pitching her country into the unknown and triggering years of fraught negotiations.
Hurriyet   |   Wed, 29 Mar 2017 16:04:00

Asian markets push higher, pound weak on Brexit

(ChinaPost.com.tw) - Asian markets extended the previous day's rally on Wednesday while the dollar also built on its New York gains that came after a strong U.S. consumer confidence survey reinforced the view of a strong economy.
The China Post   |   Wed, 29 Mar 2017 16:02:00

FOREX-Dollar rises after Trump selloff, helped by Fed comments, ECB

*Sterling dips as Britain formally launches Brexit. NEW YORK, March 29- The dollar rose to its highest in more than a week on Wednesday on outlooks for U.S. and European interest rates and as investors saw the selloff on U.S. The euro fell to $1.0741 following the report, its lowest ...
CNBC   |   Wed, 29 Mar 2017 15:56:00

WSJ City's Briefing: May Sets Brexit in Motion, Seeks 'Special Relationship' With EU; Banks Step Up Contingency Plans

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 has said she is seeking "a new ...
MoneyBeat   |   Wed, 29 Mar 2017 15:52:57

Theresa May's Empty Brexit Promises

Brexit has begun. On Tuesday evening, Theresa May, the British Prime Minister, signed a letter formally giving notice that the United Kingdom intends to leave the European Union. On Wednesday, Sir Tim Barlow, the U.K.'s Ambassador to the E.U., delivered the letter to Donald Tusk, the president of the European ...
New Yorker   |   Wed, 29 Mar 2017 15:45:54

UPDATE 2-Banks to London staff: no panic as Britain launches EU divorce process

LONDON, March 29- Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday. Investments banks Goldman Sachs and Nomura were among those who sent messages to ...
CNBC   |   Wed, 29 Mar 2017 15:42:00

'No turning back' on Brexit as Article 50 triggered

Theresa May says there's "no turning back" after formally triggering the process of leaving the EU.
BBC   |   Wed, 29 Mar 2017 15:30:19

GBP/USD bounces back above 1.24

The GBP/USD pair stayed in a 100 pip range on the day of Brexit. After leaping to 1.2475 during the European session, the pair came under renewed sell
Eren Sengezer / FX Street   |   Wed, 29 Mar 2017 15:24:35

GBP/USD - Pound Halts Slide as UK Triggers Brexit

GBP/USD is almost unchanged in the Wednesday session. In North American trade GBP/USD is trading at the 1.24 line. On the release front, British Net Lending edged up to GBP 4.9 billion, matching the forecast. In the US, Pending Home Sales jumped to 5.5%, well above the forecast of 2.3%. ...
OANDA   |   Wed, 29 Mar 2017 15:12:11

'Now the real work begins': business community reacts to Brexit day

Article 50 has been triggered, and the UK is on its path out of the EU. From exporting to employment, we hear from business leaders about their hopes and fears It is time for the government to work towards a pro-business Brexit and give small firms some clarity on how ...
Emma Featherstone and Anne Cassidy / Guardian   |   Wed, 29 Mar 2017 14:42:59

It's Really Over: Britain Files For Divorce From The European Union

LONDON (AP) - The United Kingdom filed for divorce from the European Union on Wednesday, overturning four decades of integration with its neighbors, demolishing the notion that EU expansion is inevitable and shaking the foundations of a bloc that is facing challenges to its identity and its place in the ...
TPM   |   Wed, 29 Mar 2017 14:39:01

5 signs from Theresa May's Article 50 letter show that she has softened her Brexit position

LONDON - Prime Minister Theresa May's six-page letter triggering Article 50 and her statement to Parliament that followed it, both suggest a noticeable softening of her position on Brexit, compared to previous statements made by government ministers. So does this mark a real shift, or is there an implied threat ...
Business Insider   |   Wed, 29 Mar 2017 14:21:50

Key points from the Article 50 letter

What's in Theresa May's letter to the EU triggering Brexit?
BBC   |   Wed, 29 Mar 2017 14:21:30

[Ilya Somin] Will Brexit lead to Scotxit?

In the movie Braveheart, William Wallace (played by Mel Gibson) famously said that the Scots should have "just one chance... to tell our enemies that they might take our lives, but they can never take our freedom!" Today's Scottish nationalists believe that one chance is not enough. They want at ...
Volokh Conspiracy   |   Wed, 29 Mar 2017 14:20:14

UPDATE 1-Banks to London staff: no panic as Britain launches EU divorce process

LONDON, March 29- Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday. Investments banks Goldman Sachs and Nomura were among those who sent messages to ...
CNBC   |   Wed, 29 Mar 2017 14:03:00

It's not EU, it's me: UK files for EU divorce after 44 years

LONDON (AP) - Britain filed for divorce from the European Union on Wednesday, with fond words and promises of friendship that could not disguise the historic nature of the schism - or the years of argument and hard-nosed bargaining ahead as the U.K. leaves the embrace of the bloc for ...
Associated Press   |   Wed, 29 Mar 2017 14:02:00

Everything you need to know about post-Brexit immigration in 5 minutes

LONDON - Prime Minister Theresa May triggered Article 50 on Wednesday afternoon, paving the way for Britain to begin the formal two-year exit process from the EU. Many questions remain as to how upcoming negotiations between the UK and EU will shape major areas of policy after Brexit. While many ...
Business Insider   |   Wed, 29 Mar 2017 13:48:49

In Historic Break, Britain Gives Formal Brexit Notice to European Union

The Washington Post.
The Washington Post. / World Affairs   |   Wed, 29 Mar 2017 13:45:09

JPMorgan scours Europe for post-Brexit home - WSJ

Seeking Alpha / Seeking Alpha   |   Wed, 29 Mar 2017 13:35:38

Britain Sets Historic Brexit Process in Motion

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WSJ   |   Wed, 29 Mar 2017 13:23:07

Brexit means more debt, weaker growth for Britain

Read full story for latest details.
CNN   |   Wed, 29 Mar 2017 13:22:32

The Latest: French minister says Brexit move 'lifts taboo'

LONDON (AP) - The Latest on Brexit (all times local):
Associated Press   |   Wed, 29 Mar 2017 13:02:00

Moving determinedly towards the door: the UK's Article 50 notification letter

Today's an important one in the Brexit saga. With the submission of formal notification to begin Article 50 negotiations, the UK has crossed an important threshold that cannot be easily crossed, whatever the legalities. It also matters because it represents the final opportunity for the UK to shape the agenda ...
Ideas on Europe   |   Wed, 29 Mar 2017 13:01:31

Brexit 'sad day that cd have been avoided' - PItella

Rome, March 29 - European Parliament Socialist whip Gianni Pittella said the triggering of Brexit Wednesday was "a sad day that could have been avoided, but democracy is democracy and must be respected. "When you have a divorce between two parents you go to the lawyer and the first things ...
Gazzetta Del Sud   |   Wed, 29 Mar 2017 12:59:00

Marc Chandler Talks "Brexit, Europe and EU Challenges"

From Marc to Market: Earlier today, I had the opportunity to discuss the outlook for sterling and the US dollar on Bloomberg TV with Rishaad Salamat and Haidi Lun. It is a momentous day with Article 50 of the Lisbon Treaty being formally triggered by UK Prime Minister May, nine ...
Climateer Investing   |   Wed, 29 Mar 2017 12:57:00

What Brexit will cost Britain: More debt, weaker growth and a final bill

Brexit will mean higher U.K. government debt, slower growth and a final bill to settle its EU account.
CNN   |   Wed, 29 Mar 2017 12:49:02

Eurozone Bonds Steady as Brexit Gets Under Way

High-rated government bond yields edged lower but the moves were fairly contained as optimism about the state of the euro zone economy calmed market nerves on that day Britain triggered formal divorce proceedings from the European Union. In a sea change from fears that gripped the region on the day ...
OANDA   |   Wed, 29 Mar 2017 12:47:17

Brexit Negotiations: UK PM Theresa May Speech - Article 50

The big day is finally here, but aside from some short-term gyrations in sterling the impact of the Article 50 activation is relatively small.
FXStreet Team / FX Street   |   Wed, 29 Mar 2017 12:40:43

EU responds to Brexit letter: 'We already miss you'

The European Union is saddened that the U.K. is preparing to leave the Union after more than forty years of marriage.
CNBC   |   Wed, 29 Mar 2017 12:38:00

Brexit Has Now Officially Begun, But No One Seems to Know How Long It Will Actually Take

Screen shot / The Independent British prime minister Theresa May expressed her desire to maintain a "deep and special" relationship with the European Union as she triggered the infamous Article 50 of the Lisbon Treaty with a letter delivered to the European Council on Wednesday at 12:30 p.m. GMT (4:30 ...
truthdig   |   Wed, 29 Mar 2017 12:36:01

The Latest: Spanish minister says reciprocity key in Brexit

LONDON (AP) - The Latest on Brexit (all times local):
Associated Press   |   Wed, 29 Mar 2017 12:34:00

Stock Markets, Pound Subdued as UK Triggers Brexit Request

World stock markets were subdued Wednesday as Britain triggered the start of its exit from the European Union.
THE ASSOCIATED PRESS / NY Times   |   Wed, 29 Mar 2017 12:33:43

Brexit: All we hear about is Article 50, but what's in Articles one to 49?

Article 50 is one of many European Union laws, which the UK will be leaving behind when we exit the EU.
BBC   |   Wed, 29 Mar 2017 12:28:49

British ambassador hands Brexit letter to EU, process underway

...
People's Daily   |   Wed, 29 Mar 2017 12:28:26

After nine months of tension and squabbling, U.K. triggers Brexit with the simple handoff of a letter

What's next? Britain and the 27 other EU nations will be plunged into two years of what will almost certainly be messy and acrimonious negotiations over the divorce
Washington Post / Financial Post   |   Wed, 29 Mar 2017 12:26:07

A leaked EU resolution confirms how tough Brexit talks will be for Theresa May

LONDON - A leaked European Parliament resolution reveals the tough task that awaits Prime Minister Theresa May in trying to negotiate a favourable Brexit deal with the European Union. In the document seen by the Guardian newspaper, the resolution states that Britain will not be given a new trade deal ...
Business Insider   |   Wed, 29 Mar 2017 12:19:35

'Brexit' begins as Britain gives formal notice of withdrawal from the EU

The formal two-year process governing Britain's departure from the European Union began in earnest Wednesday as a letter was delivered to the president of the European Council giving official notice that the country wishes to withdraw from the political and economic confederation. The letter, signed...
Money & Company   |   Wed, 29 Mar 2017 12:15:00

This Is The 6-Page Letter Delivered From The UK To The EU Triggering Article 50: Full Text

Moments ago, the UK Prime Minister's office posted the 6-page letter that was delivered by the UK to the EU, triggering Article 50 and officially starting the 2 year Brexit process. The Prime Minister has triggered Article 50 and started the process of leaving the EU. Read the letter: - ...
Zero Hedge   |   Wed, 29 Mar 2017 12:12:41

Here's the full Brexit letter Britain sent to the EU

This is the letter British Prime Minister May sent to the president of the European Council declaring the U.K.'s intention to leave the EU.
CNBC   |   Wed, 29 Mar 2017 12:12:00

London to defend financial preeminence post-Brexit

London wary of want away business post- Brexit
euronews   |   Wed, 29 Mar 2017 12:03:08

U.K. Triggers Start of Brexit Process

The U.K. officially began the process of exiting from the European Union, "starting on an unprecedented path to reshape its relationship with its closest allies in some of the most complex negotiations the country has ever undertaken," the Wall Street [...]
Taegan Goddard   |   Wed, 29 Mar 2017 12:02:44

UK's Brexit Article 50 letter decoded

FT journalists explain the key passages of the UK government's letter triggering the exit process
FT   |   Wed, 29 Mar 2017 11:58:22

Article 50 Brexit letter: Read it in full

Telegraph Reporters / Telegraph   |   Wed, 29 Mar 2017 11:55:28

"We are leaving the European Union, but we are not leaving Europe" - PM Theresa May

UK's PM Theresa May is expected to make a statement to MPs later at 1130GMT and finally trigger Brexit Article 50. According to previous consensus, th
FXStreet Team / FX Street   |   Wed, 29 Mar 2017 11:53:19

EU's Tusk receives Brexit notification letter from UK envoy - Reuters

European Council President Donald Tusk received a letter from the British ambassador to the EU on Wednesday, confirming Britain's intention to leave t
FXStreet Team / FX Street   |   Wed, 29 Mar 2017 11:52:15

Pound above pivotal level as Brexit trigger pulled

Investors keep watch as sterling rises beyond 50-day moving average
FT   |   Wed, 29 Mar 2017 11:45:52

Yanis Varoufakis: EU shouldn't stick to business as usual

As British Prime Minister Theresa May triggers Article 50, rendering Brexit inescapable, Europe is gripped by two paradoxes, both of which pose clear and present threats to the European Union and to Britain.
CNN   |   Wed, 29 Mar 2017 11:44:19

Signed, sealed and soon to be delivered: Britain's historic Brexit letter

...
People's Daily   |   Wed, 29 Mar 2017 11:44:01

UK serves divorce papers on the EU, kicking off 2-year process

The UK government has formally served divorce papers on the European Union, signaling the beginning of the end of a relationship that has endured for 44 years.
CNN   |   Wed, 29 Mar 2017 11:43:08

Leaving EU we will have control of our budgets - PM Theresa May

UK's PM Theresa May is expected to make a statement to MPs later at 1130GMT and finally trigger Brexit Article 50. According to previous consensus, th
FXStreet Team / FX Street   |   Wed, 29 Mar 2017 11:43:01

The UK has officially begun the Brexit process. Here's what happens now.

It's official: The United Kingdom is leaving the European Union. On Wednesday, UK Prime Minister Theresa May submitted notice to the president of the European Council, Donald Tusk, that her country would be departing his union under Article 50 of the EU's Lisbon Treaty. This marks the formal beginning of ...
Vox   |   Wed, 29 Mar 2017 11:40:01

"Brexit a chance to step back and ask what country UK wants to be" - PM Theresa May

UK's PM Theresa May is expected to make a statement to MPs later at 1130GMT and finally trigger Brexit Article 50. According to previous consensus, th
FXStreet Team / FX Street   |   Wed, 29 Mar 2017 11:39:29

Brexit triggered: 5 obstacles to an amicable divorce

Read full story for latest details.
CNN   |   Wed, 29 Mar 2017 11:39:00

Brexit Officially Begins: EU Receives Article 50 Notice From The UK; What Happens Next

There is no going back now: moments ago the EU's Tusk received the signed Brexit notification letter from UK envoy, triggering two-year countdown to British withdrawal from EU. EU RECEIVES BREXIT NOTICE FROM THE U.K., SAYS TUSK U.K. SUBMITS FORMAL BREXIT NOTICE TO START TALKS The EU has received the ...
Zero Hedge   |   Wed, 29 Mar 2017 11:38:02

Brexit triggered: 5 huge obstacles to an amicable divorce

The U.K. has triggered Article 50, starting formal Brexit talks with the European Union that will be marked by contentious and complex issues.
CNN   |   Wed, 29 Mar 2017 11:34:33

And so it begins: British envoy hands over Brexit letter triggering two-year countdown to EU withdrawal

Britain formally launched the process for leaving the European Union on Wednesday, a historic move that has split the country and thrown into question the future of the European project. Just days after the EU's 60th birthday, Britain became the first country ever to seek a divorce, striking a blow ...
Agence France-Presse / South China Morning Post   |   Wed, 29 Mar 2017 11:34:19

British PM May fires starting gun on Brexit

May notified EU Council President Donald Tusk in a letter that the UK is quitting the bloc it joined in 1973
Guy Faulconbridge and Elizabeth Piper / Globe and Mail   |   Wed, 29 Mar 2017 11:33:40

Article 50 triggered - but is a Brexit deal really possible in two years?

Shutterstock The phoney war phase of Brexit is brought to an end by the UK government's decision to formally submit its request to leave the European Union. After a protracted period of speculation, now begins the two-year formal countdown for Britain to depart from the EU. But the question of ...
Richard Whitman, Director of the Global Europe Centre, University of Kent and Senior Visiting Fellow, Chatham House, University of Kent / The Conversation   |   Wed, 29 Mar 2017 11:31:44

Making Official, U.K. Wades Into a Thorny Thicket

Prime Minister Theresa May gave notice of Britain’s withdrawal from the European Union, kicking off a two-year negotiation steeped in peril for both sides.
STEPHEN CASTLE / NY Times   |   Wed, 29 Mar 2017 11:30:55

Article 50 triggered: here's what happens now

Now that Theresa May, the British prime minister, has triggered Article 50, the process of formally negotiating Brexit can begin. Here's what to expect in the next two years. First, the EU-27 will acknowledge the notification. The EU-27 will then focus on adopting for the negotiations. Determining these will be ...
David Phinnemore, Professor of European Politics, Queen's University Belfast / The Conversation   |   Wed, 29 Mar 2017 11:29:30

Everything you need to know about the Brexit nightmare that will follow Article 50

Article 50 has set Britain on a course through a bureaucratic and diplomatic minefield. Britain has less than 18 months of real time to hammer out a deal. Most experts predict a full deal will be impossible in such a short period. EU leaders threaten to punish UK during negotiations. ...
Business Insider   |   Wed, 29 Mar 2017 11:29:00

EU leaked document: Britain can reverse Article 50

LONDON - The European Union's official response to Theresa May triggering Brexit states that Article 50 can be reversed, meaning Britain could, in theory, change its mind at some point in the two-year negotiation process. Britain's ambassador to the EU Sir Tim Barrow gave the Article 50 letter of notification ...
Business Insider   |   Wed, 29 Mar 2017 11:28:16

FOREX-Dollar climbs on Fed talk, sterling pressured by Brexit launch

*Sterling dips as Britain formally launches Brexit. LONDON, March 29- The dollar pulled away from 4-1/ 2- month lows on Wednesday after solid data backed expectations for more U.S. interest rate hikes this year, while sterling dipped as Britain moved to launch its exit from the European Union. It managed ...
CNBC   |   Wed, 29 Mar 2017 11:26:00

Live Q&A: What does the Brexit process hold after Article 50? The Telegraph answers your questions

Asa Bennett / Telegraph   |   Wed, 29 Mar 2017 11:25:10

Brexit Gets Real: Prime Minister May Has Triggered U.K.'s Exit From EU

"This is an historic moment, from which there can be no turning back. Britain is leaving the European Union," British Prime Minister Theresa May tells the House of Commons.
Bill Chappell / NPR   |   Wed, 29 Mar 2017 11:20:00

UK triggers historic Brexit negotiations as official letter is handed to the EU

Britain's ambassador to the European Union (EU) has handed the official letter triggering Article 50 to Donald Tusk, president of the European Council.
CNBC   |   Wed, 29 Mar 2017 11:08:00

Brexit begins as Theresa May triggers Article 50

UK prime minister to set out Britain's negotiating stance in statement to MPs
FT   |   Wed, 29 Mar 2017 11:07:52

It's Brexit day - Britain begins their exit from the European Union

Britain's decades-long membership of the European Union will end Wednesday as the government delivers its formal exit request to officials in Brussels triggering a clause in the Treaty of Lisbon that allows member states to negotiate a departure from the bloc.
Newslook / USA Today   |   Wed, 29 Mar 2017 11:06:51

Confidence in the government's Brexit negotiating skills is very low ahead of Article 50 being triggered

LONDON - British workers' confidence in the government's negotiating skills remains very low ahead of Article 50's scheduled trigger on Wednesday afternoon, according to a survey of over 2,000 people from salary ranking website Glassdoor. Britain's two-year exit process from the European Union will begin at lunchtime when a UK ...
Business Insider   |   Wed, 29 Mar 2017 10:53:35

Historic moment for UK and EU as May signs Brexit letter - Take the poll

Prime Minister Theresa May has signed the letter that will formally begin the UK's departure from the European Union. Triggering Article 50 on Brexit is not welcome by everyone in UK. Please, take the poll for Brexit and EU. Giving official notice under Article 50 of the Lisbon Treaty, it ...
Keep Talking Greece   |   Wed, 29 Mar 2017 10:52:36

What is Article 50 and other questions Brits are asking on #Brexit day

Here are the answers to 5 pressing questions Britons have about the historic day.
USA Today   |   Wed, 29 Mar 2017 10:50:06

10 things you need to know today (SPY, SPX, QQQ, DIA, RH)

Here is what you need to know. Brexit is coming. UK Prime Minister Theresa May is set to deliver her letter requesting the triggering of Article 50 - Britain's two-year process of exiting the European Union - to European Council President Donald Tusk on Wednesday. The British pound is little ...
Business Insider   |   Wed, 29 Mar 2017 10:39:00

Your guide to Article 50 and what happens next

Theresa May is triggering Article 50 to start formal Brexit negotiations - what happens now?
BBC   |   Wed, 29 Mar 2017 10:37:59

EU's negotiation stance on Brexit - Danske Bank

Analysts at Danske Bank note that according to the EU's Chief Brexit negotiator Michel Barnier, the UK and EU need to find a solution to the 1. 'Divor
Sandeep Kanihama / FX Street   |   Wed, 29 Mar 2017 10:37:16

Morning News: March 29, 2017

Britain Heads Into the Unknown as May Signs Brexit Letter EU Blocks Deutsche Boerse's $14 Billion Takeover of London Stock Exchange India's GST, Complicated, Yes, [...]
Eddy Elfenbein   |   Wed, 29 Mar 2017 10:37:00

How cartoonists around the world reacted to Article 50 and 'Brexit Day'

Adam Boult / Telegraph   |   Wed, 29 Mar 2017 10:25:20

Flights between UK and Europe could cease in two years without a Brexit deal, warns Ryanair

Flights between the U.K. and Europe could be suspended indefinitely if Britain fails to strike a new air travel deal with the EU, says Ryanair CMO.
CNBC   |   Wed, 29 Mar 2017 10:14:00

Killer timing: EU Competition boss delivers coup de grace to London Stock Exchange, Deutsche Bourse merger

On the day the UK triggers the Brexit process, the European Union's competition commissioner Margrethe Vestager put a final bullet in the merger plans of London Stock Exchange PLC (LON:LSE) and Germany's Deutsche Boerse AG. After almost exactly a year, the US$28bn all-share merger has been terminated after Vestager ruled ...
Proactive Investors   |   Wed, 29 Mar 2017 10:12:00

UK PM Theresa May triggers Brexit Article 50 - Live Coverage

UK's PM Theresa May is expected to make a statement to MPs later at 1130GMT and finally trigger Article 50. According to previous consensus, the state
Pablo Piovano / FX Street   |   Wed, 29 Mar 2017 10:11:34

Pound near pivotal level as Brexit trigger pulled

Investors keep watch as sterling drifts towards 50-day moving average
FT   |   Wed, 29 Mar 2017 10:10:32

Brexit Day Arrives: Why One Trader Thinks It Will Lead To A "Hefty Rally" In Sterling

With Theresa May's signed Brexit exit letter due to be delivered in just over an hour to Europe, "severe risks to the U.K. economy litter the path ahead" but as Bloomberg's Mark Cudmore writes overnight "this isn't the time to trade on them." Instead the former FX traders lookat flows, ...
Zero Hedge   |   Wed, 29 Mar 2017 10:03:06

POLLS: Brits don't regret Brexit and just want Theresa May to get on with it

LONDON - Britain's ambassador to the European Union Sir Tim Barrow is set to deliver the Article 50 letter of notification to European Council President Donald Tusk shortly after lunch time on Wednesday. The letter, which Prime Minister Theresa May officially signed on Tuesday evening, will inform the EU of ...
Business Insider   |   Wed, 29 Mar 2017 10:00:28

Pound volatile as UK starts down Brexit road

European bourses steady as rise in oil price helps energy stocks
FT   |   Wed, 29 Mar 2017 09:53:11

Goldman Sachs reassures staff over Brexit

British Prime Minister Theresa May will trigger formal EU divorce proceedings on Wednesday
Anjuli Davies / Globe and Mail   |   Wed, 29 Mar 2017 09:49:39

Goldman Sachs reassures staff over Brexit in voicemail

Goldman Sachs sought to reassure London-based staff over potential disruption to its business as a result of Brexit in a voicemail.
CNBC   |   Wed, 29 Mar 2017 09:41:00

More on EU draft Brexit statement - Euractiv

Following are the main points from the draft EU statement, as reported by the Euractiv.com : Guidelines will set out the overall positions and princi
Dhwani Mehta / FX Street   |   Wed, 29 Mar 2017 09:31:25

Investors Face Brexit Quiet Before the Negotiating Storm

The U.K. has been in a curious position: in the EU but with a much weaker currency that reflects the market's judgment of its prospects outside the single market. Now the clock is ticking on Brexit.
Heard on the Street   |   Wed, 29 Mar 2017 09:28:37

Investors Face Brexit Quiet Before the Negotiating Storm

The U.K. has been in a curious position: in the EU but with a much weaker currency that reflects the market's judgment of its prospects outside the single market. Now the clock is ticking on Brexit.
WSJ   |   Wed, 29 Mar 2017 09:09:34

EU leaders ready for orderly Brexit, but prepared for failure - Euractiv

A draft European Council statement seen by EURACTIV, revealed that the EU member states regret that the UK will leave the Union, but noted that they "
Dhwani Mehta / FX Street   |   Wed, 29 Mar 2017 09:06:36

Theresa May triggers Article 50 - what next?

Today, the UK formally notifies its intention to leave the EU - setting the Article 50 withdrawal process into motion. Open Europe's Vincenzo Scarpetta takes a look at what happens next, discussing the main potential sticking points of the upcoming Brexit negotiations. The post Theresa May triggers Article 50 - ...
Open Europe   |   Wed, 29 Mar 2017 09:03:46

Johnston Press reports £300m loss after Brexit ad slide

Yorkshire Post and Scotsman publisher forced to write down value of its newspapers, although i scores sales success The publisher of the titles including the Scotsman, Yorkshire Post and the national i has reported a £300m pre-tax loss due to a tough advertising market and writing down the value of ...
Mark Sweney / Guardian   |   Wed, 29 Mar 2017 08:59:13

Brexit: Likely to see negotiations about how to negotiate at the beginning - Danske Bank

According to analysts at Danske Bank, while the EU wants to settle the divorce bill first before discussing the future relationship, the UK wants to d
Sandeep Kanihama / FX Street   |   Wed, 29 Mar 2017 08:49:20

Britain's Theresa May signs letter formally triggering Brexit

Late Tuesday, British Prime Minister Theresa May signed a letter formally notifying the European Union that the U.K. is invoking Article 50 of the EU's Lisbon Treaty, beginning the countdown for Britain's exit from the union. Britain's ambassador to the EU will deliver the letter to European Council president Donald ...
The Week   |   Wed, 29 Mar 2017 08:46:24

UK's Hammond: PM May's letter to EU adds details on UK's Brexit stance

More comments flowing in from the UK Chancellor, via Reuters, this time talking to the Sky news. Headlines: Brexit will give us control over migrati
Dhwani Mehta / FX Street   |   Wed, 29 Mar 2017 08:30:30

Ryanair: 'UK could be left with no flights to/from Europe after Brexit'

LONDON - Low budget airline Ryanair warned on Wednesday that Britain could be left with no flights to or from Europe after Brexit begins unless aviation is made a top priority in negotiations. The airline says in a statement: "With the UK set to leave Europe's "Open Skies" system, the ...
Business Insider   |   Wed, 29 Mar 2017 08:30:21

Brexit Day: Britain delivers Article 50 to the EU, in pictures

Telegraph   |   Wed, 29 Mar 2017 08:23:27

Britain invokes 'Article 50': 4 things to know about Brexit

British PM May started the clock on the U.K.'s exit from the EU. Here is how it works.
USA Today   |   Wed, 29 Mar 2017 08:19:06

Has Britain left the EU? (Almost) Every single Brexit question answered

Christopher Hope / Telegraph   |   Wed, 29 Mar 2017 08:13:31

Spaniards in UK fear for future as two-year countdown to Brexit begins

Faced with "bureaucratic wall" blocking permanent residency, many EU citizens are returning home
Pablo Guimón / EL PAÍS   |   Wed, 29 Mar 2017 08:12:18

Cool Video: Brexit, Europe and EU Challenges

Earlier today, I had the opportunity to discuss the outlook for sterling and the US dollar on Bloomberg TV with Rishaad Salamat and Haidi Lun. It is a momentous day with Article 50 of the Lisbon Treaty being formally triggered by UK Prime Minister May, nine months after what was, ...
Marc to Market   |   Wed, 29 Mar 2017 08:08:02

The EU thought Britain would reverse its Brexit decision up until only a few weeks ago

LONDON - One of the most prominent official voices within the European Union - Malta's Prime Minister Joseph Muscat - admitted that other EU officials were at one time convinced that Britain would not go through with Brexit. Muscat is a prominent EU official because Malta currently holds the EU ...
Business Insider   |   Wed, 29 Mar 2017 08:07:45

'Freedom!': UK media reacts as historic Brexit process begins

The British media have epitomized this divide on their front pages. CNBC takes a look.
CNBC   |   Wed, 29 Mar 2017 08:07:00

Britain heads into unknown as May signs Brexit letter

LONDON - The UK will start the clock on two years of negotiations to withdraw from the European Union on Wednesday afternoon, a divorce that will redefine the country's relationship with its largest trading partner and bring to an end decades of deepening political integration on the continent.
Bangkok Post   |   Wed, 29 Mar 2017 08:02:00

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   |   Wed, 29 Mar 2017 07:56:51

It's over: Britain files for divorce from the European Union

LONDON (AP) - The United Kingdom filed for divorce from the European Union on Wednesday, overturning four decades of integration with its neighbors, demolishing the notion that EU expansion is inevitable and shaking the foundations of a bloc that is facing challenges to its identity and its place in the ...
Associated Press   |   Wed, 29 Mar 2017 07:50:00

May Signs Article 50 Letter

Happy Brexit day... The post May Signs Article 50 Letter appeared first on Guido Fawkes .
Guy Fawkes' blog   |   Wed, 29 Mar 2017 07:43:24

The Latest: EU official gets letter triggering Brexit talks

LONDON (AP) - The Latest on Brexit (all times local):
Associated Press   |   Wed, 29 Mar 2017 07:37:00

What happens after Article 50?

The triggering of Article 50 will mark the start of official Brexit negotiations between the UK and the EU. CNN's Max Foster looks at what happens next.
CNN   |   Wed, 29 Mar 2017 07:33:56

Markets push higher but pound falls back - business live

All the day's economic and financial news, as shares pick up despite fears over Brexit and Donald Trump 8.14am BST The pound has dipped against the US dollar this morning. Sterling fell as low as $1.2378 in early trading, down over half a cent, adding to the cent it lost ...
Graeme Wearden / Guardian   |   Wed, 29 Mar 2017 07:14:35

Brexit: 50 things UK needs to do

UK Prime Minister Theresa May will trigger Article 50 on Wednesday, officially kicking off the Brexit process and the painstaking legislative to-do list that comes with it.
CNN   |   Wed, 29 Mar 2017 07:06:34

The UK could have no flights to and from Europe after Brexit, Ryanair warns

Telegraph   |   Wed, 29 Mar 2017 07:02:29

Why triggering Brexit signals a long, slow bleed for the UK banking sector

As U.K. Prime Minister Theresa May begins the Brexit process on Wednesday, the country's financial center in London faces slow hemorrhaging, analysts said.
Here Is The City   |   Wed, 29 Mar 2017 06:57:43

U.K.'s May to Set Historic Brexit Process in Motion

The U.K. is set to make official its planned exit from the EU, starting on an unprecedented path to reshape its relationship with its closest allies in some of the most complex negotiations the country has ever undertaken.
WSJ   |   Wed, 29 Mar 2017 06:46:13

The pound is drifting lower ahead of Article 50 being triggered

LONDON - The pound is falling against the dollar and the euro on Wednesday morning, ahead of the beginning of the official Brexit progress later in the day. The UK government is set to deliver a letter triggering Article 50 to the European Commission around lunchtime on Wednesday, officially beginning ...
Business Insider   |   Wed, 29 Mar 2017 06:22:20

Article 50 will be triggered today - this is what Brexit means for London's financial centre

LONDON - Sometime on Wednesday, the UK government will trigger Article 50 of the Lisbon Treaty and formally start negotiations to leave the European Union. It will take the form of a letter, and the UK's permanent representative to the European Union, Tim Barrow, is expected to hand the it ...
Business Insider   |   Wed, 29 Mar 2017 06:07:49

All you need to know about Article 50 and the Brexit process

Here's what happens in the Brexit process once Article 50 is triggered.
CNBC   |   Wed, 29 Mar 2017 05:59:00

Critics line up to lambast Daily Mail over 'Legs-it' front page, paper tells them to 'get a life'

Scotland's First Minister Nicola Sturgeon accused the Daily Mail of taking Britain back to the 1970s after the tabloid featured a picture of her with Theresa May under the headline "Never mind Brexit, who won Legs-it!" following their summit on Monday. The first minister's spokesperson was one of a string ...
The Guardian / South China Morning Post   |   Wed, 29 Mar 2017 05:57:57

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Wednesday. 1. Prime Minister Theresa May has 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 Tuesday evening adding ...
Business Insider   |   Wed, 29 Mar 2017 05:55:43

The Latest: EU official: Brexit negative message for Europe

LONDON (AP) - The Latest on Brexit (all times local):
Associated Press   |   Wed, 29 Mar 2017 05:49:00

Britain set to trigger Brexit today - Letter to be handed to Tusk at 1.30pm

Britain will take the first step on its "momentous journey" to a future outside the European Union when Prime Minister Theresa May launches divorce proceedings that will bring to an end a relationship of more than 40 years. The Prime Minister has signed the letter that starts the formal exit ...
Times of Malta   |   Wed, 29 Mar 2017 05:43:00

Article 50 will be triggered today

Prime Minister Theresa May will send a letter to Donald Tusk formally requesting Brexit. The UK's chief diplomat to the European Union will hand the letter over in person at lunchtime. May will make a statement to Parliament calling on the country to unite. Tusk will respond within 48 hours ...
Business Insider   |   Wed, 29 Mar 2017 05:30:00

Theresa May set to trigger Brexit Article 50

British prime minister photographed signing letter that will be delivered to European Union triggering Britain's exit.
Al Jazeera   |   Wed, 29 Mar 2017 05:22:43

After Article 50, these are the next key dates in the Brexit process

The U.K. will trigger Article 50 of the Lisbon Treaty Wednesday, officially beginning its divorce proceedings with the European Union.
CNBC   |   Wed, 29 Mar 2017 05:14:00

Politics and Brexit are the biggest issues for LSE-Deutsche Boerse

CNBC's Gemma Acton outlines the process of the LSE-Deutsche Boerse deal, highlighting that it was first announced when Brexit was barely on the agenda.
NetNet   |   Wed, 29 Mar 2017 05:04:00

U.K. Prime Minister Theresa May to trigger Brexit

Tim Barrow, Britain's ambassador to the EU, will deliver the notification letter to European Council President Donald Tusk.
USA Today   |   Wed, 29 Mar 2017 04:45:11

Live: Sterling weakens as UK PM signs Brexit letter to EU; Article 50 trigger imminent

Our live blog is tracking reactions as UK Prime Minister Theresa May prepares to deliver her letter stating Britain's intention to exit the EU.
CNBC   |   Wed, 29 Mar 2017 04:41:00

FOREX-Dollar pulls higher on Fed talk, sterling slips on Brexit anxiety

TOKYO, March 29- The dollar pulled away from 4-1/ 2- month lows against a currency basket on Wednesday after solid data backed expectations for more U.S. interest rate hikes this year, while sterling was knocked by Britain triggering its exit from the European Union. It managed to crawl off a ...
CNBC   |   Wed, 29 Mar 2017 04:29:00

Pound tumbles ahead of Article 50 Brexit trigger

The British pound dropped sharply against the US dollar Wednesday morning, after Scottish lawmakers voted to request a second UK independence referendum. Investors are waiting for the UK government to trigger Article 50 later in the day, which will kick off negotiations on the country's exit from the European Union ...
Laura He / South China Morning Post   |   Wed, 29 Mar 2017 04:24:54

Why triggering Brexit signals a long, slow bleed for the UK banking sector

As U.K. PM May begins the Brexit process Wednesday, London's financial center faces slow hemorrhaging, analysts said.
CNBC   |   Wed, 29 Mar 2017 04:18:00

Brexit: What can the EU do now the UK is leaving?

Europe may do more on defence and row back on trade but other impasses will endure
FT   |   Wed, 29 Mar 2017 04:09:31

DONE Theresa May Sends Brexit Letter to the European Union (But the Germans Want an "Exit Fee")

On Tuesday, British Prime Minister Theresa May signed the letter triggering Article 50. British Prime Minister Theresa May signed on Tuesday evening the historic letter that starts Britain's exit from the EU. The official Article 50 exit process will begin on Wednesday at just after 1.30pm (BST) in Brussels when ...
Economic Policy Journal   |   Wed, 29 Mar 2017 04:01:00

The Latest: Pound trading lower in the run-up to Brexit

LONDON (AP) - The Latest on Brexit (all times local):
Associated Press   |   Wed, 29 Mar 2017 03:54:00

The Latest: UK envoy gears up to hand over Brexit letter

LONDON (AP) - The Latest on Brexit (all times local):
Associated Press   |   Wed, 29 Mar 2017 03:05:00

Pound lower as UK starts down Brexit road

Asia bourses mixed as rise in oil price boosts energy stocks
FT   |   Wed, 29 Mar 2017 02:20:46

Rising tide of euroskepticism could force EU to adopt tough stance on Brexit

The EU is expected to have the upper hand on Brexit negotiations as it look to send a message to the bloc's euroskeptic members.
CNBC   |   Wed, 29 Mar 2017 02:16:00

UK set to file for EU divorce, triggering 2 years to Brexit

LONDON (AP) - Britain is set to formally file for divorce from the European Union, ending a 44-year relationship following the decision made by U.K. voters in a referendum nine months ago.
Associated Press   |   Wed, 29 Mar 2017 02:05:00

Dollar bounces on Fed talk, sterling wobbles on Brexit anxiety

The dollar pulled away from 4-1/2-month lows against a currency basket on Wednesday.
CNBC   |   Wed, 29 Mar 2017 01:09:00

Asian stocks weak as investors weigh US data, Brexit plans

HONG KONG (AP) - Asian stocks were listless Wednesday as investors weighed strong U.S. economic reports against uncertainty as Britain readies a formal request to leave the European Union.
Associated Press   |   Wed, 29 Mar 2017 01:01:00

FOREX-Dollar bounces on Fed talk, sterling wobbles on Brexit anxiety

TOKYO, March 29- The dollar pulled away from 4-1/ 2- month lows against a currency basket on Wednesday as solid data backed expectations for more U.S. interest rate hikes this year, while sterling was knocked by concern about Britain's impending exit from the European Union. The healthcare stumble raised doubts ...
CNBC   |   Wed, 29 Mar 2017 00:56:00

Marine Le Pen on why the EU wants Brexit to be painful

Though the French presidential candidate still thinks Great Britain will negotiate a good deal.
BBC   |   Wed, 29 Mar 2017 00:18:40

CBI chief warns against 'no deal' Brexit

The CBI says firms in the UK and Europe fear the Brexit scenario.
BBC   |   Thu, 2 Mar 2017 20:52:43

Brexit Without a Trade Deal Would Open Pandora's Box CBI President Says

Plunging out of the European Union in two years without a new trade deal would open up a Pandora's box for Britain's businesses, Paul Drechsler, the president of CBI, has warned. As Theresa May prepares to trigger the formal talks process for leaving the EU, Drechsler used a speech at ...
OANDA   |   Thu, 2 Mar 2017 19:44:48

Le Pen declares France will leave the EU in wake of Brexit

Saying that France has been "pillaged by the neo-liberal global economic order," French presidential candidate Marine Le Pen promised Thursday she'd give the country control back over its currency, debt and trade policy. In a speech in Paris laying out her economic policies, the far-right National Front candidate paid tribute ...
Bloomberg / South China Morning Post   |   Thu, 2 Mar 2017 19:01:26

Brexit without trade deal would open Pandora's box, says CBI chief

Paul Drechsler says up to 90% of UK exports to EU would be hit by export tariffs or non-tariff barriers if no deal is agreed Plunging out of the European Union in two years without a new trade deal would open up a Pandora's box for Britain's businesses, Paul Drechsler, ...
Heather Stewart Political editor / Guardian   |   Thu, 2 Mar 2017 18:25:49

Brexit: Despite defeat, May set to trigger Article 50 before end of March - Danske Bank

According to analysts from Danske Bank, UK PM, Theresa May, could still trigger the Article 50 before 'end of March' despite defeat in House of...
Matías Salord / FX Street   |   Thu, 2 Mar 2017 15:36:15

May confident over Brexit bill despite Lords defeat

Prime minister's position is more comfortable than it seems
FT   |   Thu, 2 Mar 2017 13:16:01

UK Will Trigger Article 50 This Month

Britain remains on track to trigger the legal process for leaving the European Union by the end of March despite a setback in the House of Lords, Brexit minister David Davis said on Thursday. "The process is on track. The most important thing is that we'll conclude in time to ...
OANDA   |   Thu, 2 Mar 2017 12:59:18

Deutsche Telekom pushed to Q4 loss by BT charge

Brexit vote, fall in sterling and collapse in UK group's shares blamed for write-off
FT   |   Thu, 2 Mar 2017 08:35:59

RPT-UPDATE 2-Britain's 'City minister' sidelined from role in Brexit

*Lucy Neville-Rolfe handed new Brexit role. LONDON, March 1- Britain has sidelined the minister responsible for financial services from addressing the impact on the sector of leaving the EU, a shakeup that a senior bank executive called a "vote of no confidence" in the industry's main government contact. The new ...
CNBC   |   Thu, 2 Mar 2017 07:41:00

May is planning to trigger Article 50 in 2 weeks despite the Brexit bill defeat in the House of Lords

LONDON - Prime Minister Theresa May sticking to her plan to trigger Article 50 in two weeks time despite a major defeat from the House of Lords on the rights of EU citizens to live and work in the UK post-Brexit. Triggering Article 50 will start the formal two-year negotiation ...
Business Insider   |   Thu, 2 Mar 2017 07:36:35

GBP/USD sidelined below 1.2300, Brexit weighs

The Sterling is prolonging its weekly bearish note on Thursday, dragging GBP/USD to test fresh lows in sub-1.2300 levels. GBP/USD weaker on Brexit, d
Pablo Piovano / FX Street   |   Thu, 2 Mar 2017 06:57:49

Theresa May plans to trigger Brexit in two weeks despite defeat by 'posturing' Lords over rights of EU citizens

Gordon Rayner / Telegraph   |   Thu, 2 Mar 2017 06:36:47

Live: Pelosi says Sessions lied about Russia, calls on him to resign

Our live blog is tracking reaction to reports that Jeff Sessions lied under oath about meetings with Russian officials.
CNBC   |   Thu, 2 Mar 2017 05:51:00

London to remain a 'magnet for global superrich despite Brexit'

The global super-rich will continue to flock to London despite the UK's decision to leave the EU, according to a report by property consultants Knight Frank.
Here Is The City   |   Thu, 2 Mar 2017 05:16:15

House of Lords delivers Brexit setback to UK government, by supporting EU citizens' rights

Britain's unelected House of Lords on Wednesday handed the government a stinging - though likely temporary - defeat on its plans to leave the European Union, resolving that EU citizens should be promised the right to stay in the UK after it quits the bloc. By a vote of 358 ...
Associated Press / South China Morning Post   |   Thu, 2 Mar 2017 00:55:22

Brexit News Archive: 30 Mar 2017     |     enquire