Brexit News Archive: 24 Jul 2017

Deutsche Bank could shift bulk of assets, trading to Frankfurt: source

CEO says he is girding for a hard Brexit, with the 'vast majority' of trades currently booked in London probably moving to Germany
WILLIAM CANNY and STEVEN ARONS / Globe and Mail   |   Mon, 24 Jul 2017 21:27:32

CNN Cites Anonymous Sources Who Declare Rex Tillerson is Thinking About Resigning from Secretary of State

Content originally published at They're adorably dubbing this one a 'REXIT', an obvious play on words to commingle one of their bitter defeats (BREXIT) with a potential massive windfall for team CNN: A Rex Tillerson resignation inside the first year working for President Trump. CNN Fake News Reports. Tillerson ...
Zero Hedge   |   Mon, 24 Jul 2017 18:58:52

Post-Brexit U.S.-Britain trade deal to be reached no time soon

Britain and the United States here on Monday kicked off their first round of talks on a potential bilateral trade deal in the post-Brexit era, but British trade officials and experts didn't expect such a deal to be reached anytime soon. ...
People's Daily   |   Mon, 24 Jul 2017 12:21:41

The post-Brexit US trade deal promised by Theresa May could expose British firms to 'predatory' takeovers from cash-rich American competitors

LONDON - Rushing into a "politically attractive" trade deal with the US risks exposing British firms to hostile takeovers from cash-rich, cash-rich American firms. That is according to Adam Marshall, the influential director general of the British Chambers of Commerce, a lobby group which represents 92,000 UK businesses. Writing in ...
Business Insider   |   Mon, 24 Jul 2017 09:02:31

IMF Downgrades UK GDP Growth To 1.7% On Brexit Uncertainty

The IMF has downgraded Britain's GDP growth prospects, the reason being the uncertainty over what the Brexit deal will be, not the fact of Brexit itself.
Tim Worstall, Contributor / Forbes   |   Mon, 24 Jul 2017 08:45:00

U.K., U.S. launch talks on post-Brexit trade deal

Seeking Alpha   |   Mon, 24 Jul 2017 08:32:41

IMF lowers UK GDP forecast amid Brexit uncertainty

Britain suffers biggest downgrade for advanced economy in latest forecasts by fund
FT   |   Mon, 24 Jul 2017 07:50:34

WSJ City: IMF Cuts UK Growth Forecast, Markets Risk No Brexit Deal Shock, Wall Street Loses on Banker Pay

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   |   Mon, 24 Jul 2017 07:11:52

IMF cuts growth forecast for UK economy amid Brexit uncertainties

Britain suffers biggest downgrade for an advanced country in latest forecasts by fund
FT   |   Mon, 24 Jul 2017 07:10:57

IMF cuts UK growth forecasts, but eurozone recovery continues - business live

All the day's economic and financial news, including a new healthcheck on Europe's factories and service companies IMF cuts UK growth forecast to 1.7% this year Treasury insists 'fundamentals are strong' Eurozone growth forecasts raised Fund fears Brexit could hurt global recovery 7.59am BST The IMF has also cut its ...
Graeme Wearden / Guardian   |   Mon, 24 Jul 2017 06:59:10

IMF cuts UK growth forecast for first time since Brexit vote aftermath

FT   |   Mon, 24 Jul 2017 06:54:56

UK and US to start talks on post-Brexit trade deal

Liam Fox says it is too early to say exactly what would be covered in a potential post-Brexit deal.
BBC   |   Sun, 23 Jul 2017 23:06:50

Fox: Brexit Transition Should End Before Next Election

.@LiamFox says any Brexit transition period should end before the next general election #marr - The Andrew Marr Show (@MarrShow) July 23, 2017 The post Fox: Brexit Transition Should End Before Next Election appeared first on Guido Fawkes .
Guy Fawkes' blog   |   Sun, 23 Jul 2017 20:24:04

The EU Capital Markets Union post-Brexit

Significant changes have taken place in the European Union since the launch of the European Commission's Capital Markets Union (CMU) in early 2015, with the primary one being the United Kingdom's departure from the EU. On June 8 the European Commission presented its mid-term review of the CMU action plan. ...
Mark Scicluna Bartoli / Times of Malta   |   Sun, 23 Jul 2017 13:31:12