Last Updated: 14:14 GMT Friday, 19 Oct. 2018

Brexit Negotiations: Watching a Country Make a Fool of Itself

No country in the world has cultivated arrogance like the British. But the sad truth is: The former global power can't even find its way to the door without tripping over its feet.
Spiegel   |   Fri, 19 Oct 2018 13:33:31

Liberal Democrats to begin process of selecting MEP candidates for European elections

Exclusive: Sir Vince tells The Independent 'It seems Article 50 may well have to be extended, so it is a sensible precaution to have a process that allows us to select candidates quickly and democratically'
Ashley Cowburn / The Independent   |   Fri, 19 Oct 2018 13:31:00

How many Labour MPs will vote for Theresa May's Brexit deal?

Some Labour MPs are considering voting for any deal Theresa May gets - a prospect that appals others.
BBC   |   Fri, 19 Oct 2018 13:30:20

Toyota boss warns car prices will go up in event of no-deal Brexit

Alan Tovey / Telegraph   |   Fri, 19 Oct 2018 13:23:33

Facebook: Nick Clegg hired as head of global affairs

Facebook has hired ex-deputy prime minister Nick Clegg as head of its global affairs and communications team, it has emerged.
Joe Watts / The Independent   |   Fri, 19 Oct 2018 13:08:00

Former MI6 chief backs second referendum

John Sawers believes both side in Brexit debate should support another plebiscite
FT   |   Fri, 19 Oct 2018 13:05:13

Michel Barnier 'still not sure' no-deal Brexit can be avoided

EU chief Brexit negotiator says deal is 90% complete but could still fail at late stage
Jon Stone / The Independent   |   Fri, 19 Oct 2018 12:53:00

People's vote march: Labour can change Brexit if it's bold enough

Under the leadership of Jeremy Corbyn, the Labour party is on a path towards a left-wing populist strategy. It can connect the diverse demands of the British people, who have suffered years of austerity and decades of neoliberalism, creating a clear demarcation line between them and "the establishment" - the ...
Marina Prentoulis, University of East Anglia / The Conversation   |   Fri, 19 Oct 2018 12:43:27

Tokyo urges EU and UK to agree Brexit deal

Japanese companies increasingly alarmed about lack of progress on accord
FT   |   Fri, 19 Oct 2018 12:16:48

Extending the Brexit transition period: what does it mean for a deal?

The UK prime minister, Theresa May, has signalled to EU leaders that she is willing to accept a one-year extension to the proposed "transition period" that will follow the UK's withdrawal from the EU on March 29 2019. This would mean that the UK could remain subject to EU rules ...
David Phinnemore, Professor of European Politics, Queen's University Belfast / The Conversation   |   Fri, 19 Oct 2018 12:10:46

Toyota chief says no-deal Brexit must be avoided "at all costs"

FT   |   Fri, 19 Oct 2018 12:04:05

UK, South Korea to work on trade ties after Brexit - PM May's office

British Prime Minister Theresa May agreed to work on improving trade ties with South Korea after Brexit in a meeting with President Moon Jae-in in Brussels, May's office said.
Reuters   |   Fri, 19 Oct 2018 12:02:56

UK's Hunt urges Tories to unite behind PM in Brexit talks

'Great strength of EU27 is their unity,' UK foreign minister told the BBC.
Eline Schaart / Politico   |   Fri, 19 Oct 2018 11:36:03

We must stop allowing a minority of Brexit fanatics to hold this country to ransom

As the Brexit negotiations peter out this week in Brussels, fevered Brexit fanatics - from Boris Johnson, David Davis and Jacob Rees Mogg in the Telegraph, to many others on Twitter - are ranting and raving about the most sensible thing Theresa May has done in two and a half ...
Andy Price, Head of Politics, Sheffield Hallam University / The Conversation   |   Fri, 19 Oct 2018 11:30:48

Why the UK hasn't given up Brexit hope

The British government is still pushing Brussels to compromise on Ireland-only Brexit insurance policy.
Tom McTague, Charlie Cooper / Politico   |   Fri, 19 Oct 2018 11:16:59

Brexit Is Ripping the World's Financial Plumbing Apart

Banks and exchanges aren't waiting for political uncertainty to abate before they move business.
Washington Post   |   Fri, 19 Oct 2018 11:02:49

Starbucks Ditches Amsterdam, Tells Staff to Move to London

The Netherlands' attempts to rival the UK have not been going well of late. First £33 billion Anglo-Dutch publishing giant RELX announced it was moving its HQ entirely to London, then Unilever's Dutch dash was thwarted by a major shareholder revolt. Now, despite the froth of the Brexit negotiations, Starbucks ...
Hugh Bennett / Guy Fawkes' blog   |   Fri, 19 Oct 2018 11:01:12

Will Nissan stay once Britain leaves? How one factory explains the Brexit business dilemma - podcast

In the 1980s, Thatcher's government sold Britain as 'a gateway to Europe'. Nissan came to Sunderland and thrived - but now its future is uncertain • Read the text version here Continue reading...
Written by David Conn, read by Lucy Scott and produced by Simon Barnard / Guardian   |   Fri, 19 Oct 2018 11:00:21

LSE boosts stake in clearing house LCH despite uncertainty over post-Brexit rules

Lucy Burton / Telegraph   |   Fri, 19 Oct 2018 10:54:15

Ireland insists on Brexit 'backstop' - PM Varadkar

Irish Prime Minister Leo Varadkar said on Friday that a possible extension of Britain's post-Brexit transition period would not diminish Ireland's need for a to avoid a hard border with Northern Ireland.
Reuters   |   Fri, 19 Oct 2018 10:46:33

Longer Brexit transition just an idea - UK PM May's spokeswoman

People should not overplay the idea of an extension to a Brexit transition period during which Britain would keep EU rules in place after it leaves the bloc, a spokeswoman for Prime Minister Theresa May said on Friday.
Reuters   |   Fri, 19 Oct 2018 10:46:12

Barnier 'not yet convinced' Brexit deal will be done

The EU's chief negotiator says Brexit was a 'negative negotiation.'
Eddy Wax / Politico   |   Fri, 19 Oct 2018 10:33:57

UK and Spain reach Brexit deal on Gibraltar

Agreement leaves details to be thrashed out but removes threat to broader EU negotiations
FT   |   Fri, 19 Oct 2018 10:32:41

Brexit: Knives Out for Theresa May (Again) Over Extending Transition Period

The lay of the Brexit land is becoming clearer after the inconclusive October European Council summit.
Yves Smith / Naked Capitalism   |   Fri, 19 Oct 2018 10:31:37

So Are We More Or Less Likely To Get A Brexit Deal Now?

Jasmin Gray / Huffington Post   |   Fri, 19 Oct 2018 10:21:28

Pick your poison

Friday October 19: Five things the markets are talking about Global concerns about rising yields, a deteriorating economic outlook and rising geopolitical tensions has capital markets closing out this volatile week on the back foot. China's slowing economic growth, Brexit and tensions between Rome and Brussels over the Italian budget ...
Dean Popplewell / OANDA   |   Fri, 19 Oct 2018 10:07:18

Brexit prompts surge in Britons reclaiming German citizenship

The number of people in Britain seeking to restore their German citizenship has jumped following the U.K.'s decision to leave the European Union.A German government ...
No Author / Japan Times   |   Fri, 19 Oct 2018 09:53:52

Gibraltar status agreement reached in Brexit talks, says Spain

Issue between London and Madrid 'will no longer be a problem', Pedro Sanchez says
Samuel Osborne / The Independent   |   Fri, 19 Oct 2018 09:26:48

Brexit: Will there be a second referendum?

We debate the likelihood of a second vote, and speak to a top US politician about the treatment of migrant children.
Al Jazeera   |   Fri, 19 Oct 2018 09:10:38

Jeremy Hunt insists Brexit talks on track despite lack of Brussels agreement and growing Tory backlash

Foreign secretary hails 'enormous progress' despite gridlock over customs plan
Benjamin Kentish / The Independent   |   Fri, 19 Oct 2018 09:06:00

Populism and energy: Britishness, Europeanness, and responses to energy infrastructures

Susana Batel and Patrick Devine-Wright explore public beliefs about energy issues among different-level identities in the UK, and explain how feelings of belonging to different imaginary communities appear to impact socio-political events such as Brexit. The deployment of renewable energy technologies and associated infrastructures has been very controversial in the ...
Roch Dunin-Wasowicz / LSE   |   Fri, 19 Oct 2018 09:00:33

Brexit timeline: key dates in UK's divorce from EU

From crucial EU summit to the day of departure and beyond
FT   |   Fri, 19 Oct 2018 08:58:14

Brexit situation continues to simmer - Deutsche Bank

In view of analysts at Deutsche Bank, the Brexit situation continues to simmer, as Prime Minister May talked about "an option to extend the implementation period," which would delay the politically difficult decisions regarding the Irish border. Key Quotes "Deputy DUP Leader Nigel Dodds said that such a plan would ...
FX Street   |   Fri, 19 Oct 2018 08:51:55

Irish PM Varadkar: Longer transition not an alternative to binding backstop

Irish Prime Minister Leo Varadkar is now out on the wires, saying that a longer transition period is not an alternative to a binding backstop. He was further noted saying that return to violence in N.Ireland is a potential consequence if we get Brexit talks wrong and internal politics in ...
FX Street   |   Fri, 19 Oct 2018 08:33:42

Brexit: Jeremy Hunt claims EU have been 'more constructive' in negotiations since Soviet Union comparison

'I have to say that in the period since that speech we have had a very different approach from the EU'
Ashley Cowburn / The Independent   |   Fri, 19 Oct 2018 08:19:02

Ireland issue could derail Brexit deal

Seeking Alpha   |   Fri, 19 Oct 2018 07:53:17

No-deal Brexit must be avoided at all costs, says Toyota president

Akio Toyoda says apprehension is growing as Brexit negotiations continue The president of Toyota has said a no-deal Brexit should be avoided "at all costs", in the latest intervention by a major Japanese investor in the UK economy. In comments posted on the website of the Japan Automobile Manufacturers Association, ...
Justin McCurry in Tokyo / Guardian   |   Fri, 19 Oct 2018 07:43:30

EU's Barnier says Brexit deal 90 percent done, but Ireland issue could derail it

European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached due to ongoing stumbling blocks over the Irish border.
Reuters   |   Fri, 19 Oct 2018 07:41:20

Hunt - need more progress on future EU relationship to solve Irish backstop

Britain's foreign minister Jeremy Hunt said it would be hard to resolve the issue of a backstop to the Irish border problem in Brexit talks without more detail on the future relationship with the European Union after Brexit.
Reuters   |   Fri, 19 Oct 2018 07:40:08

'All but one or two issues' on Brexit settled - Jeremy Hunt

The foreign secretary called on Tory MPs to unite behind the prime minister
FT   |   Fri, 19 Oct 2018 07:37:25

Long read: how EU membership undermines the left

In a recent contribution to LSE Brexit, Peter J Verovsek criticised left-wing supporters of Brexit, claiming that they were backing a 'statist, nationalist initiative' that could only benefit the right. Peter Ramsay (LSE) replies, arguing that it is left-wing Remainers who are stuck in the past and that a fetishism ...
Ros Taylor / LSE   |   Fri, 19 Oct 2018 07:30:31

UK ForeignMin Hunt: N.Ireland backstop is the key outstanding issue in Brexit talks

The UK Foreign Secretary Jeremy Hunt, speaking to BBC radio this Friday, said that Northern Ireland backstop is the key outstanding issue in Brexit talks and to resolve the backstop issue, we need to make more progress on talks over the future relationship with the EU. Additional quotes: • Backstop ...
FX Street   |   Fri, 19 Oct 2018 07:25:26

EU likely to extend Brexit transition period

The European Union said Thursday it is ready to extend the length of the transition period once the UK leaves the EU next year.
CNN   |   Fri, 19 Oct 2018 07:25:13

Can UK PM Theresa May be forced to hold a second Brexit referendum?

There are those in the Conservative Party so against Brexit that they are willing to gang up with the opposition to vote down Theresa May's Brexit deal in order to secure a second referendum.
Bloomberg / Financial Express   |   Fri, 19 Oct 2018 07:14:38

Brexit: PM faces backlash over possible extension to transition period

Members of Theresa May's own party condemn suggestions that the transition period could be extended.
BBC   |   Fri, 19 Oct 2018 07:08:03

Post-Brexit visas for Brits? 'Fake news' says Macron

Visas for visitors from Britain after Brexit? "Fake news!" insisted President Emmanuel Macron on Thursday, scoffing at the idea that France would ever impose such a demand on its neighbour.
NEWS WIRES / France 24   |   Fri, 19 Oct 2018 07:06:37

London Calling Brexit: the UK's capital is one of the most overlooked issues in the debate

'London Calling Brexit' is a new series that will appear on the Brexit blog over the next few months. In this introductory post, the series editor, Tim Oliver (Loughborough University London), outlines why what Brexit means for London and what London means for Brexit is a central but overlooked issue ...
Roch Dunin-Wasowicz / LSE   |   Fri, 19 Oct 2018 07:00:59

Italian PM threatens to quit over budget spat

Also making headlines: Theresa May's 'Kafka-esque' Brexit and Manuel Valls set to come last in Barcelona mayoral race.
Eddy Wax / Politico   |   Fri, 19 Oct 2018 06:59:38

EUR/USD clings to gains near 1.1460, Italy on sight

The pair remains under pressure near the 1.1450 area. The greenback stays bid, flirts with the 96.0 handle. Italy, Brexit, EU Leaders Summit all remain focused so far. The sentiment around the European currency remains fragile at the end of the week, prompting EUR/USD to drop and test fresh lows ...
FX Street   |   Fri, 19 Oct 2018 06:46:58

EU's Barnier: Brexit accord is possible but difficult

We are at 90% of reaching an agreement with Britain but problems over Ireland could lead to failure of Brexit talks, the European Union's chief Brexit negotiator, Michel Barnier said this Friday. Key quotes: • Brexit accord is possible but difficult. • Still not certain that we will reach a ...
FX Street   |   Fri, 19 Oct 2018 06:34:01

German EU minister Roth: Extension of Brexit transition alone will not solve the problems

Germany's Europe Minister Michael Roth, via a regional public-service broadcaster - WDR, was quoted saying that an extension of Brexit transition period would surely not fail because of opposition from EU27 or Berlin but alone would not solve the problems.
FX Street   |   Fri, 19 Oct 2018 06:12:52

GBP/USD Technical Analysis: Cable on the mats at 1.3020

Over the past twenty-four hours, the GBP/USD hit the floor and kept rolling, hitting 1.3020 in Thursday's US session sell-off, and Sterling traders have seen little reason to pick the Pound back up as Brexit concerns continue to hang over the UK marketscape. 1.3030 represents the current ceiling heading into ...
FX Street   |   Fri, 19 Oct 2018 05:53:14

UK ports are 'not ready' for no-deal Brexit

Ferry operator Stena Line, owner of three UK ports, warns Brexit may disrupt food imports.
BBC   |   Fri, 19 Oct 2018 05:25:16

Despite 'big gaps', UK and EU talk up Brexit prospects

Prime Minister Theresa May and other EU leaders voiced renewed confidence on Thursday they could secure a Brexit deal, saying they were working hard to overcome the hurdles that only days ago brought the talks to a halt.
Reuters   |   Fri, 19 Oct 2018 04:42:19

GBP/USD is approaching two-month rising trendline on Brexit impasse

GBP/USD is closing on trendline connecting the Aug. 15 low and Oct. 4 low. A close below that would embolden the bears. The Brexit impasse is hurting the British Pound. The UK Prime Minister May will likely have a tough time selling an extension to the Brexit transition period at ...
FX Street   |   Fri, 19 Oct 2018 04:28:35