Brexit News Archive: 19 Apr 2017

Europe Starts Freezing Britain Out Of EU Contracts

Diplomatic relations between the UK and EU are fast approaching zero degrees Kelvin. One day after Theresa May not only cemented, but allowed herself Brexit negotiating breathing room with her stunning, yet cunning decision to announce snap elections which would only boost the leverage of her party, Brussles has retaliated ...
Zero Hedge   |   Wed, 19 Apr 2017 21:19:03

How Theresa May's Election Gambit Could Strengthen Her Brexit Hand

Seeking Alpha   |   Wed, 19 Apr 2017 17:27:29

Could election improve UK's Brexit position?

How did the Brexit timetable affect the decision to call an early general election?
BBC   |   Wed, 19 Apr 2017 16:26:01

Theresa May's snap election: Smart, risky or cynical?

Al Jazeera speaks to three analysts about the reasons for May's surprise move and the vote's impact on Brexit talks.
Al Jazeera   |   Wed, 19 Apr 2017 15:09:01

IMF Says Brexit Unpredictable Outcome Poses Risk to Global Finance

The International Monetary Fund has warned that Brexit's unpredictable outcome poses a risk to global financial stability at a time when it is already challenged by heavily-indebted US corporations, China's credit bubble and weak European banks. Warning that banks were likely to be the sector of the City hardest hit ...
OANDA   |   Wed, 19 Apr 2017 14:50:46

Theresa May wins backing for snap UK election

Prime minister says poll victory would strengthen her hand in Brexit negotiations
FT   |   Wed, 19 Apr 2017 14:03:36

Theresa May and the Snap Elections: Keep Calm and Brexit On

Freddy Gray Politics, Europe If her victory is anything less than overwhelming, May's snap election could end up dramatically weakening her authority. Theresa May, the British Conservative prime minister, is a difficult read. Last year, a month before Britain's EU referendum, she told a Goldman Sachs audience in London that ...
National Interest   |   Wed, 19 Apr 2017 14:03:00

For U.K. Multinationals, Brexit Bounce May Be Over

Many U.K. multinationals enjoyed a big Brexit bump, as a lower pound made their exports more competitive and their overseas sales more valuable once converted back into sterling. The currency's recent rally may augur an end to further gains.
WSJ   |   Wed, 19 Apr 2017 13:56:00

Theresa May and the Crisis of British Progressivism

Last September, Andrew Marr, the host of a Sunday morning political show on the BBC, interviewed Theresa May, the Conservative Party politician who had succeeded David Cameron as Britain's Prime Minister after the Leave side's narrow victory in the Brexit referendum, in June. With the Conservatives holding a big lead ...
New Yorker   |   Wed, 19 Apr 2017 12:33:58

Brexit's unpredictable outcome poses risk to global stability, says IMF

Organisation also says financial stability is threatened by US corporate debt, China's credit bubble and weak EU banks The International Monetary Fund has warned that Brexit's unpredictable outcome poses a risk to global financial stability at a time when it is already challenged by heavily-indebted US corporations, China's credit bubble ...
Larry Elliott in Washington / Guardian   |   Wed, 19 Apr 2017 12:30:21

UK Snap Elections: May seeks to strengthen her Brexit hand - HSBC

The research team at HSBC explains that after the UK PM Theresa May announced her intention to hold an election on 8 June, the latest polls suggest th
Sandeep Kanihama / FX Street   |   Wed, 19 Apr 2017 12:02:12

U.K. Parliament Set to Vote on Early Election

Prime Minister Theresa May is seeking an election on June 8 to give her government more flexibility in upcoming Brexit negotiations with the European Union.
WSJ   |   Wed, 19 Apr 2017 11:59:38

'Real' Brexit talks will only start after UK general election in June, says Jean-Claude Juncker

Danny Boyle / Telegraph   |   Wed, 19 Apr 2017 11:54:07

Ruth Davidson suggests big election win will stop 'Brexiteer bastards' holding Theresa May to ransom

Simon Johnson / Telegraph   |   Wed, 19 Apr 2017 11:41:46

Today's News: April 19, 2017

-Democrat Jon Ossoff failed narrowly in his bid to avoid a runoff in a special election in Georgia to replace former Republican Representative Tom Price. -U.K. Prime Minister Theresa May says new elections give her the "strongest hand" in negotiations over Brexit. -We're tracking the news stories of the day ...
The Editors / The Atlantic   |   Wed, 19 Apr 2017 10:48:27

EU Behind May's Decision to Hold Snap Election

European officials have indicated a desire that the upcoming snap election in Britain will lead to a "strong" leadership in Westminster and bring more clarity to current Brexit negotiations. Capitals across Europe have been left surprised with the announcement by U.K. Prime Minister Theresa May on Tuesday, who called for ...
OANDA   |   Wed, 19 Apr 2017 10:38:54

U.K.'s Theresa May Calls Early Election, Seeking Brexit Leverage

Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon Dawson/Bloomberg NewsSimon ...
WSJ   |   Wed, 19 Apr 2017 09:18:29

A physical gold dealer saw a 119% increase in sales when Theresa May called for a snap election

LONDON - It is almost one year after the Brexit referendum and the UK is still subject to political shocks. Prime Minister Theresa May surprised the public when she called for an early general election on Tuesday, and sent cautious savers to seek safety in physical gold. The Pure Gold ...
Business Insider   |   Wed, 19 Apr 2017 08:33:06

May insists election will 'strengthen' Brexit talks

MPs are expected to back PM's call for a snap poll on Wednesday
FT   |   Wed, 19 Apr 2017 08:23:35

Will Theresa May's snap-poll gamble pay off as she stakes political future on Brexit?

British Prime Minister Theresa May has called for a snap general election on June 8, with Brexit the primary motivation. The announcement signals the third UK-wide vote in two years, and has taken the country by surprise, after repeated denials of any national ballot before the scheduled one in May ...
Andrew Hammond / South China Morning Post   |   Wed, 19 Apr 2017 07:46:59

Engineering software specialist Aveva expects return to full year revenue and profit growth on weaker post-Brexit pound

Aveva Group plc (LON:AVV) expects a return to full year revenue and profit growth in line with market forecasts, boosted by positive foreign exchange rates. The engineering software company also anticipates cash generation in the fiscal year ended 31 March will be ahead of estimates, closing the year with about ...
Proactive Investors   |   Wed, 19 Apr 2017 07:40:00

UK PM Theresa May: Election will help strengthen position in EU Brexit talks

The UK PM Theresa May is out on the wires now, speaking on the upcoming general election to Nick Robinson on BBC Radio 4. Key Headlines: Election wi
Dhwani Mehta / FX Street   |   Wed, 19 Apr 2017 07:18:18

Theresa May Snap Election Call Is Right for Brexit Britain

Theresa May Snap Election Call Is Right for Brexit Britain Here is the opening of today's main story, from the Financial Times: Even by her Sphinx-like standards, Theresa May's announcement of a snap general election was a well-kept secret. It was also an abrupt reversal: since entering Number 10 after ...
Proactive Investors   |   Wed, 19 Apr 2017 07:14:00

Aveva expects return to full year revenue and profit growth on weaker post-Brexit pound

Aveva Group plc (LON:AVV) expects a return to full year revenue and profit growth in line with market forecasts, boosted by positive foreign exchange rates. The engineering software company also anticipates cash generation in the fiscal year ended 31 March will be ahead of estimates, closing the year with about ...
Proactive Investors   |   Wed, 19 Apr 2017 06:56:00

WSJ City: Sterling Move Suggests Softer Brexit Ride, Election Won't Make EU Talks Simpler

Good morning from the WSJ City desks in London. Be the first with high-value stories. Download WSJ City for on your mobile and let us keep you in the loop from 6am. The WSJ City app. Upwardly mobile. iPhone and Android. Your friends and colleagues can sign up to this ...
MoneyBeat   |   Wed, 19 Apr 2017 06:45:39

The UK's snap election makes a softer Brexit more likely

Theresa May has announced plans to call a UK general election for 8 June. Tim Bale writes that there is little doubt about the result, with the Conservatives a long distance ahead of Labour in the polls. But if the election does deliver a large majority for May, it could ...
EUROPP   |   Wed, 19 Apr 2017 06:30:25

Protecting UK financial services post-Brexit a priority for FCA

The City regulator has pledged to ensure that financial firms remain strong in the face of Brexit in its annual list of priorities, which also includes protecting vulnerable customers from overly expensive loans.
Here Is The City   |   Wed, 19 Apr 2017 06:20:06

FTSE 100 suffers worst day since Brexit vote after May calls election

Here Is The City   |   Wed, 19 Apr 2017 06:19:25

U.K. Snap Election Won't Make Brexit Simpler

U.K. Prime Minister Theresa May has called a snap election in June: This looks likely to strengthen her hand at home. But it won't make closing a post-Brexit trade deal with Europe any simpler.
WSJ   |   Wed, 19 Apr 2017 06:18:36

UK prime minister moves to strengthen Brexit hand

May calls voters to polls, less than a month after categorically denying she might
FT   |   Wed, 19 Apr 2017 05:56:56

Britain's May betting an early election will buy her more time to hash out Brexit

Nine months after becoming prime minister, Theresa May is learning how to gamble. Long branded a risk-averse micromanager, May is betting that a crushing election ...
Japan Times   |   Wed, 19 Apr 2017 04:04:38

Theresa May's real reason for calling UK election? To show EU that Brexit really means Brexit

Of the many reasons UK Prime Minister Theresa May supplied for calling a general election, the Conservative leader provided one particularly important one. She believes she still needs to convince her European counterparts that Brexit does indeed mean Brexit. A Brexit mandate, delivering a large Conservative Commons majority, would sweep ...
The Guardian / South China Morning Post   |   Wed, 19 Apr 2017 00:15:03

Sterling touches more than 6-month peak against the dollar after PM May calls early election

Sterling rose to a more than six-month high against the dollar on Tuesday after British Prime Minister Theresa May called for an early general election, boosting hopes that a victory could strengthen her party's majority in government ahead of Brexit negotiations. May called for an early election on June 8, ...
Reuters / South China Morning Post   |   Tue, 18 Apr 2017 20:35:28

EU: Brexit plans unchanged by UK snap election call

European Council expects full negotiations to start in June as planned despite Theresa May calling for snap UK election.
Al Jazeera   |   Tue, 18 Apr 2017 20:09:34

In Britain's snap election, Theresa May's real opponents are inside her own party

U.K. Prime Minister hopes to make the Brexit process run more smoothly with a greater majority for her Conservative Party
Economy Lab   |   Tue, 18 Apr 2017 19:23:31

Theresa May's Election Opportunity

Will she offer Britain a vision that meets the Brexit moment?
WSJ Opinion   |   Tue, 18 Apr 2017 18:46:21

Investors think the election means a softer Brexit - are they right?

Theresa May may have won herself room to compromise on the UK's exit from the EU - but don't get too carried away Ignore the 180-point fall in the FTSE 100 index. Part of the decline occurred before the lectern had even been placed in Downing Street. Part of the ...
Nils Pratley   |   Tue, 18 Apr 2017 18:40:16

May calls snap poll to strengthen Brexit hand

Sterling climbs on expectation of bigger Tory majority and 'softer' EU exit
FT   |   Tue, 18 Apr 2017 18:15:00

Brexit & Beyond: May Calls Early Election To Boost Negotiating Leeway, Sterling Rallies, Turkey Versus EU

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 British Prime Minister Theresa May speaks to the media outside 10 Downing Street in central London on ...
MoneyBeat   |   Tue, 18 Apr 2017 17:51:51

Brexit: It continues to be interesting -- June 8 elections!

Wow, I mean WowTheresa May, the UK's prime minister has just announced that she will call an election on June 8th. A massive reversal from her past view that an election would be disruptive, it also gives here a mandate as prime minister -- a useful tool if you are ...
Frozen in the North   |   Tue, 18 Apr 2017 17:49:00

June 8 general election will let Theresa May 'secure a post-Brexit future' say Tory ministers

Christopher Hope / Telegraph   |   Tue, 18 Apr 2017 17:37:45

Protecting UK financial services post-Brexit a priority for FCA

City regulator says industry must remain resilient in face of uncertainty around leaving EU, and also aims to help safeguard vulnerable customers The City regulator has pledged to ensure that financial firms remain strong in the face of Brexit in its annual list of priorities, which also includes protecting vulnerable ...
Jill Treanor / Guardian   |   Tue, 18 Apr 2017 17:32:29

U.K. election makes a painful Brexit more likely

The U.K. snap election will not stop Brexit. If anything, it could make it more painful for the British economy.
CNN   |   Tue, 18 Apr 2017 17:20:01

FTSE 100 suffers worst day since Brexit vote after May calls election

Pound rises after PM's announcement amid forecasts poll will give her stronger mandate for moderate Brexit More than £45bn was knocked off the value of shares in Britain's biggest companies following Theresa May's snap general election announcement, with the FTSE 100 index suffering its worst day since the Brexit referendum ...
Patrick Collinson / Guardian   |   Tue, 18 Apr 2017 17:11:25

May's election call is right for Brexit Britain

The prime minister needs flexibility to secure a sensible settlement
FT   |   Tue, 18 Apr 2017 16:28:27

WSJ City's Briefing: City Weighs Brexit Impact as May Surprises With Snap Election

Good afternoon from the WSJ City desks in London. WSJ City is the app that delivers fast, smart news for mobile for London. Download for iPhone or Android. Here's essential reading on today's developments. MUST READS FROM WSJ CITY Theresa May made a surprise announcement that she wants a snap ...
MoneyBeat   |   Tue, 18 Apr 2017 15:56:19

Brexit: U.K. election makes a painful breakup more likely

The U.K. snap election will not stop Brexit. If anything, it could make it more painful for the British economy.
CNN   |   Tue, 18 Apr 2017 15:50:15

May calls for June 8 election before Brexit talks

Britain's Theresa May on Tuesday called for snap elections on June 8, catching the country by surprise in a bid to bolster her position before tough talks on leaving the European Union
Hurriyet   |   Tue, 18 Apr 2017 15:07:00

U.K. Snap Election Won't Make Brexit Simpler

U.K. Prime Minister Theresa May has called a snap election in June: This looks likely to strengthen her hand at home. But it won't make closing a post-Brexit trade deal with Europe any simpler.
Heard on the Street   |   Tue, 18 Apr 2017 15:03:57

UK's Theresa May Calls Snap Election Hoping to Strengthen Conservative Mandate and Brexit Position

The British prime minister shocked one and all with her surprise announcement on Tuesday. Calling for a general election on June 8, the Tory leader declared she'd been shoved between a rock and a hard Brexit by opposition parties and the House of Lords as she attempts to negotiate the ...
truthdig   |   Tue, 18 Apr 2017 15:00:54

Strong pound hits FTSE 100 on softer Brexit bet

Downward trend reversed amid belief May's hand strengthened against Eurosceptics
FT   |   Tue, 18 Apr 2017 14:51:02

Snap election a win-win for Teresa May: she'll crush Labour and make Brexit a little easier

So Theresa May, it turns out, is only human. After months of denying she was going to do it, the British prime minister decided to call an early general election - first and foremost because she knows she's going to win. Indeed, she's not just going to win; she's going ...
Tim Bale, Professor of Politics, Queen Mary University of London / The Conversation   |   Tue, 18 Apr 2017 14:26:22

May seeks mandate to deliver Brexit on her own terms

Increased majority would help PM to manage politically tricky transitional deal
FT   |   Tue, 18 Apr 2017 14:18:45

The IMF just boosted its growth forecast for Britain's economy to 2%

LONDON - The International Monetary Fund has raised its growth forecast for the United Kingdom for the first time since the Brexit vote. In its latest World Economic Outlook, the IMF upgraded its UK economic growth estimate for 2017 to 2%, up from a forecast of 1.5% three months earlier. ...
Business Insider   |   Tue, 18 Apr 2017 13:56:52

IMF Upgrades UK Growth Forecast to 2%

The International Monetary Fund has revised up its UK growth forecast for the second time in three months after admitting that the performance of the economy since the Brexit vote last year had been stronger than expected. In its half-yearly World Economic Outlook, the IMF said it now envisaged the ...
OANDA   |   Tue, 18 Apr 2017 13:32:56

Snap: Theresa May Calls General Election To Secure Brexit

Politics, Europe What will happen? British Prime Minister Theresa May announced Tuesday that a general election will take place June 8, saying a "division in Westminster will risk our ability to make a success of Brexit." May made the surprising announcement after a meeting with her cabinet. The prime minister ...
National Interest   |   Tue, 18 Apr 2017 13:13:00

IMF ratchets up UK economic growth forecast to 2%

Fund notes performance since Brexit vote but warns protectionism may hold back growth The International Monetary Fund has revised up its UK growth forecast for the second time in three months after admitting that the performance of the economy since the Brexit vote last year had been stronger than expected. ...
Larry Elliott Economics editor / Guardian   |   Tue, 18 Apr 2017 13:00:29

IMF upgrades UK 2017 growth forecast to 2 per cent

Revision reverses nearly all of the downgrades pencilled in after Brexit vote
FT   |   Tue, 18 Apr 2017 13:00:09

May seeks full Brexit mandate: what now for gold?

gold dropped by just over a percentage point to £1014.80 per ounce, following the calling of a snap general election in the UK by Prime Minister Theresa May. The pound hit a ten week high on the news and accordingly gold was weaker than the dollar-donominated version, although not by ...
Proactive Investors   |   Tue, 18 Apr 2017 12:59:00

Theresa May Seeks Snap U.K. Election to Get Brexit Backing

U.K. Prime Minister Theresa May said she will seek an early election on June 8, in an unexpected gamble aimed at strengthening her hand going into talks on leaving the European Union. The surprise statement came less than a month after she triggered the formal start of Brexit and marks ...
OANDA   |   Tue, 18 Apr 2017 12:38:23

Pound leaps as investors bet election means softer Brexit

Downward trend reversed amid belief May's hand strengthened against Eurosceptics
FT   |   Tue, 18 Apr 2017 12:19:58

Surprise! Theresa May calls on Early Elections on June 8

Theresa May has called an early general election for June 8 in an announcement that has stunned the political world. "Election is only way to guarantee certainty and stability in the wake of Brexit," May says The Prime Minister had repeatedly denied that she would call an election before the ...
Keep Talking Greece   |   Tue, 18 Apr 2017 12:13:46

Pound leaps as snap election points to soft Brexit

Investors eye prospect June poll could strengthen May's hand against Eurosceptics
FT   |   Tue, 18 Apr 2017 11:46:00

What does Theresa May's snap general election mean for markets?

Theresa May has called for a snap general election on 8 June, in a U-turn decision for the Prime Minister following division within parliament over the government's Brexit plans. In a statement outside Downing Street following a meeting in Cabinet, May said her change of heart on an early election ...
Proactive Investors   |   Tue, 18 Apr 2017 11:44:00

Theresa May Calls Snap UK General Election To Strengthen Brexit Negotiating Hand

My prediction is a Tory majority of vast proportions, Labour shrunk back to the historic seats, the SNP to retain Scotland and not much else happening really. Except, of course, May getting what she wants, a free and strong hand to negotiate Brexit.
Tim Worstall, Contributor / Forbes   |   Tue, 18 Apr 2017 11:22:00

U.K.'s Theresa May Calls Early Election, Seeking Brexit Leverage

British Prime Minister Theresa May said she would call an early general election on June 8 in a move that if she wins could give her more leeway in coming negotiations with the European Union.
WSJ   |   Tue, 18 Apr 2017 10:56:00

Theresa May calls for snap general election on 8 June after division in Westminister over Brexit

Theresa May has called for a snap general election on 8 June, in a U-turn decision for the Prime Minister as the government tackles Brexit negotiations. In a statement outside Downing Street following a meeting in Cabinet, May said her change of heart on an early election came after she ...
Proactive Investors   |   Tue, 18 Apr 2017 10:19:00

Theresa May Calls For Snap Election Amid Brexit Negotiations

function LONDON (Reuters) - British Prime Minister Theresa May called on Tuesday for an early election on June 8, saying the government had the right plan for negotiating the terms of Britain's exit from the European Union and she needed political unity in London. Sterling rose against the dollar after ...
Huffington Post   |   Tue, 18 Apr 2017 10:18:13

Theresa May seeks early election to take UK through Brexit

PM argues 'a one-off chance to get this done' before EU talks begin in earnest
FT   |   Tue, 18 Apr 2017 10:05:50

Theresa May Calls For Snap UK General Election On June 8

Live Feed as indeed as speculated, Theresa May is seeking an early election for Britain on June 8 to obtain a direct mandate to take the country through the Brexit divorce with the EU. The decision, which comes just three weeks after the prime minister began the formal Brexit process, ...
Zero Hedge   |   Tue, 18 Apr 2017 09:58:36

Brexit News Archive: 19 Apr 2017     |     enquire