Brexit News Archive: 23 Jun 2017

More questions than answers - what you want to know about Brexit

Readers' questions while the EU and UK negotiate over the status of millions of people
BBC   |   Fri, 23 Jun 2017 17:57:02

E.C.B. Seeks Control Over London Trading After

The central bank’s action was an example of how Britain’s vote to leave the European Union could force a realignment of financial markets.
JACK EWING / NY Times   |   Fri, 23 Jun 2017 17:16:49

May's offer on EU citizen rights falls flat

Cool reception for UK plan as Brexit pushed to sidelines of bloc summit
FT   |   Fri, 23 Jun 2017 17:08:14

May's Offer on Citizens' Rights Draws Tepid EU Reaction

British Prime Minister Theresa May got a lukewarm responseto her proposal on the post-Brexit rights of EU citizens in the U.K., with both sides acknowledging that significant differences will need ironing out.
WSJ   |   Fri, 23 Jun 2017 16:59:27

London could lose out as ECB seeks control of euro clearing after Brexit

European Central Bank's bid for more powers represents challenge to City's dominance of £880bn-a-day business London is facing renewed pressure over its dominance of the €1tn (£880bn)-a-day euro clearing market after the European Central Bank set out proposals aimed at giving it more oversight of the lucrative business. The move ...
Jill Treanor / Guardian   |   Fri, 23 Jun 2017 16:40:12

Brexit: EU leaders says UK offer could 'worsen situation'

Donald Tusk says offer to EU nationals could "worsen the situation" as Theresa May defends her plan.
BBC   |   Fri, 23 Jun 2017 16:24:59

Still too many holes in Theresa May's promise to EU citizens

A full year after the EU referendum, the British prime minister has finally issued a statement on the status of the 3m European citizens living in the UK. These people have spent the year lobbying governments, parliaments and relevant organisations all over Europe for clarity about their post-Brexit rights - ...
Anne Wesemann, Lecturer in Law, The Open University / The Conversation   |   Fri, 23 Jun 2017 15:31:58

EU leaders hit out at Brexit citizens offer from Britain's May

EU leaders warned on Friday that Britain's plans to protect the rights of European citizens post-Brexit risked leaving them worse off, after Prime Minister Theresa May made what she insisted was a "fair" offer. "My first impression is the UK offer is below our expectations and this risks worsening the ...
Agence France-Presse / South China Morning Post   |   Fri, 23 Jun 2017 15:03:23

U.K.'s Euro Clearing Business at Risk as ECB Requests More Powers

The European Central Bank requested greater powers to supervise euro-denominated clearing, stepping up a tug of war between European Union authorities and Britain over the future of the lucrative business line after Brexit.
WSJ   |   Fri, 23 Jun 2017 14:47:07

Reality Check: What's happened since Brexit vote?

Reality Check correspondent Chris Morris looks back at a year since the referendum.
BBC   |   Fri, 23 Jun 2017 13:08:06

How has the UK changed since the Brexit vote?

Experts reflect on what the Brexit vote has meant for inequality, the environment, racism and politics in the past year.
Al Jazeera   |   Fri, 23 Jun 2017 09:06:52

Expect BoE rate hike in August: Strategist

Peter Dragicevich, Nomura, says the Bank of England will raise interest rates in August as a way of removing some of the stimulus it enacted post-Brexit.
CNBC   |   Fri, 23 Jun 2017 04:48:00

The UK economy since the Brexit vote - in 4 charts

The impact of Britain's vote to leave the EU is already being felt
FT   |   Fri, 23 Jun 2017 04:02:23

How Brexit will affect sectors of the UK economy

The fallout from the decision to leave the EU, from agriculture to financial services
FT   |   Fri, 23 Jun 2017 04:02:02

British PM May unveils offer on EU citizens after Brexit: BBC

BRUSSELS, June 22 (Xinhua) -- British Prime Minister Theresa May has told European Union (EU) leaders the EU citizens living in Britain for five years will be given "settled EU status," the BBC reported on Thursday. ...
People's Daily   |   Fri, 23 Jun 2017 01:02:59

Brexit: Theresa May to offer "UK settled" status to EU citizens

"No-one will face a cliff edge," Theresa May said at a Brussels summit and added that the EU citizens legally residing in the UK would have the same r
Omkar Godbole / FX Street   |   Fri, 23 Jun 2017 00:34:49

How will Theresa May's offer on citizen rights after Brexit work?

Both sides want quick resolution but issues are technically and politically complex
FT   |   Thu, 22 Jun 2017 23:35:39

Theresa May: EU citizens can stay after Brexit

Theresa May pledges to protect EU citizen rights but UK also insists it will have full jurisdiction over such rights.
Al Jazeera   |   Thu, 22 Jun 2017 23:17:46

One year on from Brexit vote: business's winners and losers

It's been a poor year for the pound, savers and UK-focused retailers but firms with sizeable foreign earnings have prospered Britain's consumers and UK-focused firms are among the biggest losers one year on from the shock Brexit vote that drove the value of the pound to its lowest level in ...
Angela Monaghan / Guardian   |   Thu, 22 Jun 2017 23:01:08

Prime Minister May offer: EU citizens can stay in UK

In a Brexit divorce deal offering, British Prime Minister Theresa May on Thursday said European Union citizens would be allowed to stay in the United Kingdom after the country leaves the EU.
CNN   |   Thu, 22 Jun 2017 21:37:42

May to allow EU citizens to stay in UK post-Brexit

Proposal made at Brussels summit includes scrapping 85-page residence application
FT   |   Thu, 22 Jun 2017 20:12:07

Theresa May outlines plans on status of EU nationals living in UK post-Brexit

No EU national currently living lawfully in the UK will be made to leave on the day of Brexit under proposals outlined by Theresa May to her European Union counterparts. The Prime Minister told a European Council summit in Brussels that she wanted to offer to the estimated three million ...
PA / Times of Malta   |   Thu, 22 Jun 2017 20:06:00

Brexit deal: 3 million EU citizens allowed to stay in UK permanently - and will get same rights as Britons

Steven Swinford / Telegraph   |   Thu, 22 Jun 2017 19:38:24

A year on from Brexit, the UK is more divided than ever

Of all the oddities surrounding Theresa May's decision to call a snap election, perhaps the oddest was her assertion that "the country is coming together but Westminster is not". The evidence seemed to show exactly the reverse. The result of the election - a hung parliament with no single party ...
Sean Lang, Senior Lecturer in History, Anglia Ruskin University / The Conversation   |   Thu, 22 Jun 2017 14:03:14

Nomura and Daiwa choose Frankfurt as post-Brexit EU base

Japanese banks' decisions boost German city's goal to be Europe's main financial city
FT   |   Thu, 22 Jun 2017 14:00:43

GBP/USD further gains needs to surpass 1.2815 - Scotiabank

FX Strategists at Scotiabank stay neutral/bearish on Cable in the near term. Key Quotes "A year on from the Brexit referendum, GBP prospects are lit
Pablo Piovano / FX Street   |   Thu, 22 Jun 2017 13:52:16

Brexit economy: UK faces slowdown amid living standards squeeze

The latest monthly Guardian analysis finds households facing rising costs and firms concerned over political uncertainty Britain's vote to leave the EU has squeezed living standards, hit consumer spending and dampened the country's growth prospects, a Guardian analysis of economic news over the year since the referendum shows. One year ...
Katie Allen / Guardian   |   Thu, 22 Jun 2017 11:01:36

How has the Brexit vote affected the UK economy? June verdict

How has the economy reacted to the vote to leave the EU on 23 June 2016? Each month we look at key indicators to see what effect the Brexit process has on growth, prosperity and trade in the UK Continue reading...
Paul Scruton and Katie Allen / Guardian   |   Thu, 22 Jun 2017 11:01:25

Six graphs showing the state of the UK economy a year after Brexit referendum

What's happened a year on? via shutterstock.com It has been a year since British voters went to the polls and voted by a narrow margin to leave the European Union. The Brexit referendum triggered a heated debate about the potential economic effects of Brexit. But what has actually happened to ...
Agelos Delis, Lecturer in Economics, Aston University / The Conversation   |   Thu, 22 Jun 2017 09:53:13

GBP/USD stuck near 1.2660, May's Brexit plan eyed

The GBP/USD pair is seen consolidating the drop from near 1.2690 levels, although remains within the overnight trading range, as resurgent USD supply
Dhwani Mehta / FX Street   |   Thu, 22 Jun 2017 09:36:32

EU's Brexit negotiating unity 'at risk' as European nations compete to host two key London-based agencies

Jack Maidment / Telegraph   |   Thu, 22 Jun 2017 08:44:57

Theresa May to brief EU summit on citizens' rights post-Brexit

UK prime minister looks to reassure EU leaders after disappointing election result
FT   |   Thu, 22 Jun 2017 07:24:07

GBP/USD better bid near 1.2680, awaits political/Brexit clarity

The GBP buyers were offered the much-needed relief by BOE Chief Economist Andy Haldane's hawkish speech, which drove the GBP/USD pair sharply higher f
Dhwani Mehta / FX Street   |   Thu, 22 Jun 2017 05:37:06

Theresa May to assure EU leaders on expat citizens in the UK

Days after the opening of formal Brexit talks, Theresa May is set to make a bid to break the logjam over the status of expat citizens following UK withdrawal from the EU. The Prime Minister will use a European Council summit in Brussels today to brief counterparts on her plans ...
Times of Malta   |   Thu, 22 Jun 2017 05:29:00

The Brexit vote and UK markets one year on

Markets face fresh political and economic uncertainty 12 months after the country's vote to leave the EU
FT   |   Thu, 22 Jun 2017 03:03:19

Theresa May to present Brexit plans to EU leaders

The PM is heading to Brussels the day after Brexit dominates her Queen's Speech programme.
BBC   |   Thu, 22 Jun 2017 01:15:53