Brexit News Archive: 09 Aug 2017

Call for new party to stop Brexit 'catastrophe'

The former chief of staff to the Brexit Secretary is calling for a new political movement to oppose Britain's exit from the EU, branding it a
Sky   |   Wed, 9 Aug 2017 11:15:00

Stop EU exit 'catastrophe', says UK Brexit minister's ex-chief of staff

LONDON (Reuters) - Britain's exit from the European Union will be the country's biggest calamity since World War Two, the former chief of staff to Brexit minister David Davis said on Wednesday, calling for a new political movement to oppose the divorce.
Reuters   |   Wed, 9 Aug 2017 10:57:17

Brexit Is A Disaster, A New Political Party Must Be Formed To Reverse It

There simply is no evidence at all that Brexit is a disaster which needs reversing. Which is rather why the politicians are not all leaving to set up that new political party.
Tim Worstall, Contributor / Forbes   |   Wed, 9 Aug 2017 08:58:00

WSJ City: North Korea Threat Hits Markets, Regulator Warns of Brexit Burden, Worldpay Agrees Vantiv Deal

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, 9 Aug 2017 07:15:34

Bank of England warns Brexit will put strain on regulatory resources

The Bank of England has warned that the task of regulating the City after Brexit will put a strain on its ability to police the financial sector.
Here Is The City   |   Wed, 9 Aug 2017 06:34:42

Bank of England deputy's Brexit warning is strong stuff | Nils Pratley

Sam Woods has spelled out clearly why a transition period is needed for financial services - and showed it would make the process cheaper Sam Woods isn't beating about the bush. The deputy governor of the Bank of England and head of the Prudential Regulation Authority (PRA) says practical complexities ...
Nils Pratley   |   Wed, 9 Aug 2017 05:47:56

Bank of England warns Brexit will put strain on regulatory resources

'Material risk' to regulatory arm's objective of promoting financial stability as it deals with UK's withdrawal from EU The Bank of England has warned that the task of regulating the City after Brexit will put a strain on its ability to police the financial sector. Deputy governor Sam Woods also ...
Jill Treanor City editor / Guardian   |   Tue, 8 Aug 2017 23:01:03

May is expected to harden up her Brexit negotiating position - Sky News

"Theresa May is expected to harden up her Brexit negotiating position when she returns to Downing Street next week, amid criticism that the UK is woef
Eren Sengezer / FX Street   |   Tue, 8 Aug 2017 13:17:14

May to harden up Brexit negotiating position

Theresa May is expected to harden up her Brexit negotiating position when she returns to Downing Street next week, amid criticism that the UK is woefully underprepared for talks.
Sky   |   Tue, 8 Aug 2017 12:39:00

Standard Life CEO planning for hard Brexit, renews interest in move to Dublin

The asset management firm Standard Life is looking at Ireland as its European base for when the United Kingdom leaves the European Union, its CEO told CNBC Tuesday.
Here Is The City   |   Tue, 8 Aug 2017 11:21:09

UK recruiters face staffing shortages, blame Brexit: report

"The parts of the economy most reliant on European workers are under even more pressure as many EU workers return home," said Kevin Green, Chief Executive of the Recruitment and Employment Confederation.
Connor Murphy / Politico   |   Tue, 8 Aug 2017 09:31:57

Top UK judge: British judiciary needs more clarity on Brexit - Politico

Politico carries headlines from the UK's most senior judge, Lord David Edmond Neuberger, seeking clarity on British judiciary on Brexit. Key Quotes:
Dhwani Mehta / FX Street   |   Tue, 8 Aug 2017 09:08:57

Bellway sees strong growth in housing revenue, volumes as worries over Brexit, election result fail to impact

Bellway PLC (LON:BWY) has delivered another upbeat trading statement, with the housebuilder highlighting strong growth in housing revenue and volumes as worries over Brexit and the hung general election result failed to impact buyer sentiment. In an update for the year ended 31 July 2017, the FTSE 250-listed group said ...
Proactive Investors   |   Tue, 8 Aug 2017 09:05:00

Standard Life CEO planning for hard Brexit, renews interest in move to Dublin

The asset management firm Standard Life is looking at Ireland as its European base for when the United Kingdom leaves the European Union, its CEO told CNBC Tuesday.
CNBC   |   Tue, 8 Aug 2017 08:44:00

UK Experiences Staff Shortages as Brexit Bites

A shortage of staff for British employers worsened in July, hurt by the departure of European Union workers after last year's Brexit vote, a group representing recruitment agencies said on Tuesday. The Recruitment and Employment Confederation (REC) said the availability of staff overall suffered its biggest fall last month in ...
OANDA   |   Tue, 8 Aug 2017 07:57:11

Top UK judge: British judiciary needs more clarity on Brexit

British Parliament must be 'very clear' on whether judges should consider rulings from the European Court of Justice after Brexit, says Lord David Edmond Neuberger.
Connor Murphy / Politico   |   Tue, 8 Aug 2017 07:23:15

Bellway sees strong growth in housing revenue, volumes as worries over Brexit, general election result fail to impact

Bellway PLC (LON:BWY) has delivered another upbeat trading statement, with the housebuilder highlighting strong growth in housing revenue and volumes as worries over Brexit and the hung general election result failed to impact buyer sentiment. In an update for the year ended 31 July 2017, the FTSE 250-listed group said ...
Proactive Investors   |   Tue, 8 Aug 2017 06:59:00

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