Brexit News Archive: 20 Apr 2017

The World Next Week: April 20, 2017

France holds presidential elections, Manila hosts an ASEAN summit, and Brussels stages a special EU summit to discuss Brexit.
CFR   |   Thu, 20 Apr 2017 22:12:04

Could UK's Snap Election Signal Softer Brexit Stance?

British Prime Minister Theresa May has called a snap election on June 8. With only a slim majority in parliament, she hopes to strengthen her position ahead of complex Brexit negotiations. May's announcement that the UK is heading to the [...] The post Could UK's Snap Election Signal Softer Brexit ...
Value Walk   |   Thu, 20 Apr 2017 20:42:17

General Election 2017: Nigel Farage won't stand as an MP

Ex-UKIP leader says he will "fight for Brexit" instead of seeking election to Westminster.
BBC   |   Thu, 20 Apr 2017 17:42:09

World Bank president urges Brexit Britain not to cut foreign aid

Telegraph   |   Thu, 20 Apr 2017 16:12:08

EC's Dombrovskis:UK snap election could delay start of formal Brexit negotiations - LiveSquawk

European Commission Vice President Valdis Dombrovskis is delivering his keynote speech at a conference at The American Enterprise Institute. Key quot
Eren Sengezer / FX Street   |   Thu, 20 Apr 2017 13:02:38

Britain will lose more from Brexit than E.U

Britain will lose more than the European Union from its decision to leave the bloc, the EU's top diplomat said on Thursday, and talks with London were expected to be difficult. Prime Minister Theresa May formally began Britain's divorce from the EU last month, declaring there was no turning back, ...
OANDA   |   Thu, 20 Apr 2017 12:47:17

Brexit confusion overshadows Labour's election launch

Corbyn says he will not play by the establishment's rules
FT   |   Thu, 20 Apr 2017 12:09:17

UK General Election Provides Second Referendum on Brexit

Prime Minister Theresa May called the election to push Brexit through, but her party's margins in the House of Commons are slim
NY Observer   |   Thu, 20 Apr 2017 11:00:13

SURVEY: 82% of investors think more firms will set up in Europe because of Brexit

LONDON - More than four out of five institutional investors believe more UK-based financial firms will establish subsidiaries in the European Union due to Brexit, according to a survey. A study by asset managers Managing Partners Group found that 73% think Brexit will be hard, leading to the UK exiting ...
Business Insider   |   Thu, 20 Apr 2017 06:19:59

What Theresa May's election gambit means for Brexit

A strong personal mandate would give the prime minister a margin of manoeuvre
FT   |   Thu, 20 Apr 2017 04:00:13

Stronger pound is not the only test for UK blue-chips

Even before the latest Brexit twist, there were signs FTSE investors were uneasy
FT   |   Thu, 20 Apr 2017 03:00:17

May's Conservatives May Take a Hit at the Polls

Scott B. MacDonald Politics, Europe Theresa May is gambling that positive polls and support for Brexit will give her party a boost during the June election. British prime minister Theresa May has called a snap election for June 8. This is a strategic move on her part. Polls show that ...
National Interest   |   Thu, 20 Apr 2017 00:41:00

More than seven in 10 institutional investors see 'hard' Brexit - research

More than seven in 10 (73 per cent) institutional investors believe Brexit will be 'hard', including 29 per cent who believe it will be 'very hard', research by Managing Partners Group (MPG), the international asset management group, reveals. More than four out of five (82 per cent) also believe the ...
Times of Malta   |   Wed, 19 Apr 2017 22:01:00

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

What the 2017 General Election means for Brexit: procedure, personnel and policy

The lovely thing about long walks is that they give you time to think, to join your physical movement with metaphysical wanderings through the things that occupy your life. It's often a time when you have a bright idea, that makes sense as the sunlight filters through the leaves and ...
Ideas on Europe   |   Wed, 19 Apr 2017 12:25:37

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

Sterling may hit $1.35 by year-end but rally will not last, analysts say

Sterling has seen quite a rebound after U.K. Prime Minister Theresa May surprised markets on Tuesday by announcing early elections.
CNBC   |   Wed, 19 Apr 2017 11:37:00

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

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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

UK to Gibraltar: We will protect you in Brexit talks with EU

LONDON (AP) - Britain sought Saturday to reassure Gibraltar that it will protect the territory's interests in upcoming talks on exiting the European Union amid a dispute with Spain that underscores the complications of Britain's EU divorce.
Associated Press   |   Sat, 1 Apr 2017 13:03:44

EU offers Spain veto right over Gibraltar after Brexit talks

The EU on Friday offered Spain veto rights over the future relationship between Gibraltar and the bloc after Brexit.
CNBC   |   Sat, 1 Apr 2017 08:07:00

'Brexit' Makes Sense But Restructuring NAFTA Is Nonsense

Whereas Brexit could well be what the doctor has ordered to revitalize the EU, renegotiating NAFTA--especially unhinging Mexico from the U.S.--could open up a can of worms for the Trump team and a huge unforeseen risk of Mexico inviting China to the backyard of the U.S.
Harry G. Broadman, Contributor / Forbes   |   Sat, 1 Apr 2017 03:53:00

EU Rules Out U.K. Trade Deal Before Brexit Is Finalized

The EU won't agree to any future trade pact with the U.K. until after Britain leaves the bloc and will look to set tight conditions on a divorce deal during coming talks, according to a draft of the bloc's negotiating guidelines.
WSJ   |   Sat, 1 Apr 2017 02:13:01

Reuters Poll: Managers Trim Equities, Raise Cash in March as Trump Trade Fades

Global investors trimmed U.S. equity exposures in March and raised cash to the highest levels since November as cracks in the Trump trade begin to appear, according to a monthly Reuters poll of fund managers and CIOs, while UK stock holdings were slashed to 5-1/2-year lows on Brexit worries. read ...
FINalternatives   |   Sat, 1 Apr 2017 00:42:06

Brexit News Archive: 20 Apr 2017     |     enquire