Last Updated: 20:17 GMT Friday, 17 Aug. 2018

GBP: Difficult to see a stronger pound without Brexit clarification - Danske Bank

According to analysts from Danske Bank, the most likely scenario is a "decent" Brexit and they point out that it is difficult to see a much stronger GBP without more clarification. Key Quotes: "Get ready for the Brexit end-game, which takes place in Q4, as the EU and the UK ...
FX Street   |   Fri, 17 Aug 2018 19:13:44

GBP/JPY back below 141.00, consolidates weekly losses

GBP/JPY down 0.85% over the week, heads for lowest weekly close in 16 months. Risk aversion supports JPY while Brexit concerns weighs on GBP. The GBP/JPY pair is falling 50 pips on Friday, but remain above weekly lows. Since the beginning of the US session it is moving between 140.25 ...
FX Street   |   Fri, 17 Aug 2018 18:09:14

UK walks tightrope over discussing no-deal Brexit

Government to start issuing 84 notices on how to cope
FT   |   Fri, 17 Aug 2018 16:55:39

The Guardian view on Brexit and trade: the WTO is not a safety net | Editorial

Tory hardliners' faith in the World Trade Organization as a viable alternative to EU membership is reckless fantasy One of the most thoroughly debunked claims made about Brexit during the referendum campaign was that it would be easy. Leave campaigners said the terms of Britain's future trade with the European ...
Editorial / Guardian   |   Fri, 17 Aug 2018 16:01:33

Appeal from a political economist: the left internationalist case for a second referendum on Brexit

The critical consideration is the strategic interests of that sector of the global corporate and wealth elites who want the dissolution of the EU as a bulwark against unfettered capitalism. Labour's Leader leads a rally to remain in the EU at Queen Elizabeth II Conference Centre, central London on May ...
Photis Lysandrou / Open Democracy   |   Fri, 17 Aug 2018 15:46:40

Brexit Warning: There's A 50% Chance Of 'No Deal', Says Top Danish Minister

Owen Bennett / Huffington Post   |   Fri, 17 Aug 2018 15:44:26

Alexi, tell the Brits to learn from Yani

Michel Barnier, the European Commission's chief "Brexit" negotiator, visited Athens last Friday to give the government an update on progress.
Kathimerini   |   Fri, 17 Aug 2018 15:40:47

Brexit is built on sand

Last May in Parliament, Prime Minister, Theresa May, summed up her promises for Brexit in just 15-seconds: no hard border on the island of Ireland, and as frictionless trade as possible with the rest of the EU. Of course, we already have that now. And of course, this cannot be ...
Jon Danzig / Ideas on Europe   |   Fri, 17 Aug 2018 15:19:22

Brexit: yes, constituencies have moved to Remain, and here's why that could matter

Much excitement has been created by an analysis of YouGov polling data released by the anti-Brexit Best for Britain campaign and first reported by The Observer. The analysis identified 112 constituencies where it had previously been estimated by Chris Hanretty that a majority of voters had voted to Leave in ...
John Curtice, Professor of Politics, Strathclyde University / The Conversation   |   Fri, 17 Aug 2018 14:55:06

GBP/USD sticks to modest gains, comfortably above 1.2700 handle

• The ongoing USD profit-taking slide helps to gain some positive traction. • Disappointing US consumer sentiment index adds to the USD weakness. • Brexit uncertainties keep the GBP bulls on the defensive and cap further gains. The GBP/USD pair quickly reversed a mid-European session dip to sub-1.2700 level and ...
FX Street   |   Fri, 17 Aug 2018 14:26:19

Brexit & Beyond: Italy and EU Spar Over Bridge Collapse

To subscribe to the newsletter, please sign up here MUST READS Italy, EU Spar Over Bridge Collapse: Finger pointing over the deadly collapse of a highway bridge in Italy intensified as Italian and European authorities sought to assign blame for the disaster, which cost at least 38 lives. Turkey Announces ...
WSJ Staff / MoneyBeat   |   Fri, 17 Aug 2018 13:55:43

Stewart breaks with Labour over Brexit stance

Sir Patrick Stewart has signalled a break with Labour over Jeremy Corbyn's stance on Brexit, having supported the party for more than 70 years.
Sky   |   Fri, 17 Aug 2018 12:59:00

The Peter Principle is a joke taken seriously. Is it true?

There are a lot of idiots around - just look at the front benches of the House of Commons. But why do the idiots reach such elevated positions? Many onlookers feel sure that the successors to David Davis, the UK's former Brexit secretary, and Boris Johnson, ex-foreign secretary, cannot possibly ...
Tim Harford / Tim Harford   |   Fri, 17 Aug 2018 12:20:25

London mayor Sadiq Khan consults disaster planners over possibility of no-deal Brexit

London's mayor Sadiq Khan said on Friday he had asked the organization that deals with militant attacks and disasters in the British capital to assess ...
No Author / Japan Times   |   Fri, 17 Aug 2018 12:14:03

Sadiq Khan orders London's emergency planners to prepare for no-deal Brexit

Body responsible for anything 'which threatens serious damage to human welfare' instructed to assess impact of UK crashing out of EU without a deal
Lizzie Dearden / The Independent   |   Fri, 17 Aug 2018 11:30:00

Government expected to publish 84 papers on impact of no-deal Brexit

Issues ranging from aviation safety to climate change to be covered in potentially eye-opening impact assessments
Benjamin Kentish / The Independent   |   Fri, 17 Aug 2018 11:06:00

London mayor Sadiq Khan consults disaster planners over no-deal Brexit

Sadiq Khan said he would consult the London Resilience Forum, which plans responses to disasters such as the Grenfell Tower Fire, about the implications for Britain of crashing out of the European Union without a deal, saying that such a outcome looked more likely than ever.
Times of India   |   Fri, 17 Aug 2018 10:53:03

Jeremy Hunt Backtracks After Warning UK Would 'Regret' No Deal Brexit 'For Generations'

Owen Bennett / Huffington Post   |   Fri, 17 Aug 2018 10:44:44

London mayor Khan consults disaster planners over no-deal Brexit

London's mayor Sadiq Khan said on Friday he had asked the organisation that deals with militant attacks and disasters in the British capital to assess the impact of a "no-deal" Brexit on access to medicines and food and on law and order.
Reuters   |   Fri, 17 Aug 2018 10:40:49

GBP/USD Review: Oscillates in a range, just above 1.2700 handle

• Brexit uncertainties keep the GBP bulls on the defensive. • Safe-haven flows prompt some fresh selling in the past hour. The GBP/USD pair extended its retracement slide from an intraday high level of 1.2749 and refreshed session low in the last hour, albeit quickly recovered few pips thereafter. A ...
FX Street   |   Fri, 17 Aug 2018 10:33:32

A bitter tale of a Brexit reckoning

The news came via an HR email: my visa was expiring and could not be extended
FT   |   Fri, 17 Aug 2018 10:03:19

Danish finance minister puts risk of 'no deal' Brexit at 50-50

Jensen said the EU and the UK are running out of time to reach an agreement.
Philip Kaleta / Politico   |   Fri, 17 Aug 2018 10:00:19

EUR/GBP clings to gains, near weekly tops post-EZ CPI

• Continues gaining positive traction for the third consecutive session. • Final EZ CPI print matches preliminary estimates and remains supportive. • Brexit worries to keep GBP bulls on the defensive and limit any downside. The EUR/GBP cross held on to its positive tone, albeit retreated few pips from weekly ...
FX Street   |   Fri, 17 Aug 2018 09:32:02

Last Updated: 20:17 GMT Friday, 17 Aug. 2018     |     enquire