Brexit News Archive: 14 Nov 2017

Daily Telegraph's 'Brexit Mutineers' Front Page Slammed As 'Bullying' By Tory MP

Kate Forrester / Huffington Post   |   Tue, 14 Nov 2017 23:16:27

Labour MPs turn on Frank Field for suggesting their voters wanted Brexit

Christopher Hope / Telegraph   |   Tue, 14 Nov 2017 21:30:56

Pound hangs in the balance amid Brexit tensions

After currency's slide this week, real test comes as crucial settlement deadline approaches
Chris Scott / Asia Times   |   Tue, 14 Nov 2017 21:10:50

'Russia fake Twitter accounts targeted Brexit vote'

Fake Twitter accounts created by a Russian propaganda unit made a determined, co-ordinated attempt to interfere during the EU referendum, Sky News can reveal.
Sky   |   Tue, 14 Nov 2017 21:00:00

Ken Clarke Applauded By Labour MPs For Anti-Hard Brexit Commons Speech

Kate Forrester / Huffington Post   |   Tue, 14 Nov 2017 20:40:11

Brexit secretary aims to reassure the City of London

David Davis promises financial sector almost everything it asked for
FT   |   Tue, 14 Nov 2017 20:05:27

Brexit: Theresa May under growing pressure to scrap exact departure date despite only proposing one days ago

Concerned Tory MPs are pressuring the Government to rewrite plans announced by the Prime Minister
Joe Watts / The Independent   |   Tue, 14 Nov 2017 20:05:11

The Brexit Process: A Hard Exit vs. No Exit at All?

The increasingly fraught talks over Brexit between the European Union and UK Prime Minister Theresa May's battered government have reached a critical fork in the road. The most likely course is for Britain to capitulate to most of the EU-27 demands, leading to a hard British exit postponed by a ...
Jacob Funk Kirkegaard / Petersen Institute   |   Tue, 14 Nov 2017 20:03:30

UK PM May's government wins vote in Commons to approve 1st clause of Brexit bill

British PM Theresa May's government won the vote, 318 vs 68, in Commons to approve the first clause of the Brexit bill, as reported by LiveSquawk.
Eren Sengezer / FX Street   |   Tue, 14 Nov 2017 19:28:38

Britain pledges protection for bankers from EU migration curbs

Government is responding to industry concerns that it will be harder to recruit European staff after Brexit
Andrew MacAskill and Huw Jones / Globe and Mail   |   Tue, 14 Nov 2017 19:28:29

David Davis seeks to reassure City on transfer of workers after Brexit

Brexit secretary says government hopes to strike deal with EU that would allow City firms to move staff in and out of UK Global banks should be able to continue to transfer workers between the UK and EU member states after Brexit, David Davis has told an audience of City ...
Heather Stewart / Guardian   |   Tue, 14 Nov 2017 19:21:00

Aston Martin warns of car production halts if UK crashes out of EU

No-deal Brexit would mean less choice and about £1,500 on price, car industry tells MPs
FT   |   Tue, 14 Nov 2017 19:18:24

Honda UK warns MPs of consequences of leaving EU customs union

Car industry says border checks would be 'challenging', tariffs costly and an end to regulatory approval 'semi-catastrophic' The devastating impact of a hard Brexit on the UK car industry was laid bare on Tuesday to MPs, who were told every 15 minutes of customs delays would cost some manufacturers up ...
Dan Roberts Brexit policy editor / Guardian   |   Tue, 14 Nov 2017 19:10:27

Govt defeats first Brexit bill amendment

The Government has defeated the first opposition amendment to their flagship Brexit legislation.
Sky   |   Tue, 14 Nov 2017 19:08:00

Britons 'face expensive Christmas dinner' as food price inflation soars

Official figures show prices were up by 4.2% last month on 12 months earlier, the highest level in four years Big increases in the price of fish, fats and vegetables have driven food price inflation to the highest level in more than four years. New data from the Office for ...
Larry Elliott Economics editor / Guardian   |   Tue, 14 Nov 2017 18:59:59

Why Populism Isn't Going Away

Authored by Ronald-Peter Stoferle via The Mises Institute, The vote for Brexit and the election of Donald Trump has baffled the main stream and the establishment. Most market participants and observers didn't believe ex ante that they were possible, and as a result were completely surprised when the unexpected happened. ...
Tyler Durden / Zero Hedge   |   Tue, 14 Nov 2017 18:46:04

'Weak' PM May faces Brexit test in parliament

LONDON: Prime Minister Theresa May's blueprint for Britain's exit from the European Union faces a crucial test starting on Tuesday, when members of parliament try to win concessions from a weakened leader on the government's legislation to sever ties.
Bangkok Post   |   Tue, 14 Nov 2017 18:33:16

Free movement of people raises real concerns | Letters

Those who voted for Brexit wanted migration to be managed, say Jonathon Porritt and Colin Hines. But Eric Goodyer voted remain to keep his freedom to work, live and retire anywhere in Europe. Plus John Hall says the benefits system must be reoriented What those who want to remain in ...
Letters / Guardian   |   Tue, 14 Nov 2017 18:24:45

'Catastrophic' danger to Britain's car industry from no deal on Brexit, MPs told

Alan Tovey / Telegraph   |   Tue, 14 Nov 2017 18:12:57

Poor households hit hard as UK inflation sticks at five-year high - as it happened

The pound's weakness since the Brexit vote pushed consumer prices up by 3% in the last year, the joint-highest since early 2012 Low-income households suffer most Breaking: UK inflation sticks at five-year high of 3.0% How to protect yourself against inflation Food inflation has hit 4.1% Motor fuel and furniture ...
until 1.30pm / Guardian   |   Tue, 14 Nov 2017 18:06:46

City promised special post-Brexit travel regime

David Davis seeks to reassure financial sector of London's future role in Europe
FT   |   Tue, 14 Nov 2017 18:03:17

UK faces 'catastrophic' border chaos if customs are not fixed before Brexit

Tim Wallace / Telegraph   |   Tue, 14 Nov 2017 17:42:22

Brexit & Beyond: PM May Faces Brexit Revolt, U.K. Inflation Holds at Five-Year High, Eurozone Recovery Speeds Up

Brexit & Beyond: Europe in Flux is The Wall Street Journal's round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here. MUST READS Britain's Prime Minister Theresa May leaves 10 Downing Street in London. REUTERS/Toby Melville/File Photo Reuters May's Brexit ...
Toby Luckhurst / MoneyBeat   |   Tue, 14 Nov 2017 17:40:22

EU likely to refuse to start Brexit trade talks in December, warns European Parliament leader

James Crisp / Telegraph   |   Tue, 14 Nov 2017 17:30:35

Brexit trade talks to be pushed back by another four months, Merkel ally says

The prospect of a 'no deal' is raising its head
Jon Stone / The Independent   |   Tue, 14 Nov 2017 17:19:46

Labour MP urges 'war cabinet' for Brexit

A Leave-supporting Labour MP has called on Theresa May to form a cross-party "Brexit Cabinet" in the spirit of Britain's government during the Second World War.
Sky   |   Tue, 14 Nov 2017 17:07:00

Brexit no-deal could stop Aston Martin production

Aston Martin says it might have to stop production if the UK fails to get a deal with the EU after Brexit
BBC   |   Tue, 14 Nov 2017 17:04:37

WSJ City PM: The Return of Irrational Exuberance, UK Inflation Holds at Five-Year High, May Faces Brexit Scrutiny

Good afternoon from the WSJ City desks in London. WSJ City is the app that delivers fast, smart news on mobile for London. Download for iPhone or Android. Here's essential reading on today's developments. MUST READS FROM WSJ CITY Irrational exuberance is back. After weeks of gains that have pushed ...
Darren Lazarus / MoneyBeat   |   Tue, 14 Nov 2017 16:58:46

British Parliament Debates Brexit Bill

Deutsche Welle. Germany.
Deutsche Welle. Germany. / World Affairs   |   Tue, 14 Nov 2017 16:54:46

UK Brexit Sec. Davis: See transition agreed very early in 2018

British Brexit Minister David Davis crossed the news wires, via LiveSquawk, in the last hour saying that he was seeing the Brexit transition finalized
Eren Sengezer / FX Street   |   Tue, 14 Nov 2017 16:54:25

Paris battles to cash in from Brexit: 'I think we can gain 10,000 jobs'

In the first in a series on European cities seeking to profit from the UK's exit from the EU, we hear how the French capital is tempting firms from London Amid the gleaming glass towers of Paris's La Défense business district, cranes dot the skyline as drills clatter away on ...
Angelique Chrisafis in Paris / Guardian   |   Tue, 14 Nov 2017 16:51:25

David Davis sets out post-Brexit vision for financial services

David Davis has committed to protecting talent within financial services after Brexit, as he gives his clearest indication of the government's thinking for the sector yet.
Here Is The City   |   Tue, 14 Nov 2017 16:38:37

On Dividing Large Numbers by Other Large Numbers

Conservative backbench MP Jacob Rees-Mogg, welcoming today's Economists for Free Trade report predicting a bright post-Brexit future for the UK economy, remarked that the loss of the UK's £9 billion per annum net contribution to the budget would render the EU 'effectively insolvent', according to the Guardian. They should therefore ...
Colm McCarthy / Irish Economy   |   Tue, 14 Nov 2017 16:38:18

Brexit Trade Talks to Be Pushed Back at Crunch Summit, Says Merkel Ally

The Guardian. England.
The Guardian. England. / World Affairs   |   Tue, 14 Nov 2017 16:31:15

Brexit: Labour attacks withdrawal date 'gimmick' as debate begins

MPs begin debating key Brexit legislation as Labour urges Theresa May to drop exit date plan.
BBC   |   Tue, 14 Nov 2017 16:29:42

May's Brexit Strategy Scrutinized as U.K. Lawmakers Begin Debate

Prime Minister Theresa May faces the first of a series of legislative tests that will measure her ability to preside over a Parliament divided on her leadership and her vision for Britain's exit from the European Union.
WSJ   |   Tue, 14 Nov 2017 16:26:03

How fake news caused Brexit

It's becoming increasingly obvious that fake news in some of Britain's leading newspapers helped to cause Brexit. Every day newspapers such as the Daily Mail and Daily Express print articles that promote hatred of migrants and the EU generally. 'Too many EU migrants' was cited as one of the main ...
Jon Danzig / Ideas on Europe   |   Tue, 14 Nov 2017 16:17:28

Sweden's mortgage market, Brexit manoeuvres and US bank consolidation

FT   |   Tue, 14 Nov 2017 15:51:12

UK will be hit with higher inflation if there is no Brexit transition, Carney warns

Tim Wallace / Telegraph   |   Tue, 14 Nov 2017 15:43:24

Aston Martin Warns It Could Have To Stop Making Cars If Brexit Talks Fail

Ned Simons / Huffington Post   |   Tue, 14 Nov 2017 15:43:10

Frank Field On Hilary Benn's Houses

Beef. - Esther Webber (@estwebber) 14 November 2017 Labour's Brexit wars spill out into the open as tonight's EU Withdrawal Bill debate kicks-off... The post Frank Field On Hilary Benn's Houses appeared first on Guido Fawkes .
Ross Kempsell / Guy Fawkes' blog   |   Tue, 14 Nov 2017 15:35:39

Britain may be through the worst of its bout of inflation

SINCE November 2015 the pound has depreciated by over 15% against other currencies, mainly because of worries caused by last year's Brexit referendum. As the cost of imports has risen, inflation has jumped. Figures released on November 14th showed that in October consumer-price inflation was 3%, the joint-highest level since ...
Graphic Detail   |   Tue, 14 Nov 2017 15:19:46

Brexit: David Davis told Brussels will not accept deportation of EU immigrants

European Parliament, which has veto, says nothing must change for citizens
Jon Stone / The Independent   |   Tue, 14 Nov 2017 15:11:05

Facebook carefully denies rumors that Russia spread Brexit propaganda

Late Monday, Facebook pushed back against rumors that its platform was exploited by Russian operatives trying to influence last year's Brexit vote. The company told BuzzFeed News in a delicate statement that it had not seen "significant coordination" between Russia-linked accounts, whether with "ad buys or political misinformation targeting Brexit ...
The Week   |   Tue, 14 Nov 2017 15:08:31

Brexit is getting messy and the UK is facing a political crisis

CNN   |   Tue, 14 Nov 2017 15:01:47

Ikea hikes UK prices as Brexit hits import costs

Ikea has increased prices on some of its products in the UK as a result of higher import costs after the slump in sterling following the Brexit vote.
Sky   |   Tue, 14 Nov 2017 14:50:00

The U.K.'s Accomplished Nothing Vis- -Vis Brexit In Nine Months So Now They've Got Two Weeks

Maybe an even closer hard deadline will do the trick, but probably not.
Jon Shazar / Dealbreaker   |   Tue, 14 Nov 2017 14:48:18

Jacob Rees-Mogg: hard Brexit would boost UK by £135bn over five years

Pro-Brexit backbencher says dividend only possible with policy of free trade, reduced regulation and lower taxes The UK economy could enjoy a post-Brexit financial dividend of £135bn in the five years after its departure from the EU, Jacob Rees-Mogg has said, an opinion that attracted a direct if brief endorsement ...
Peter Walker Political correspondent / Guardian   |   Tue, 14 Nov 2017 14:35:04

Liam Fox's department deleted a tweet promoting a pro-Brexit article attacking his colleague Philip Hammond

The Trade Department Twitter account posts a link to an article promoting Brexit and criticising Chancellor Philip Hammond. Trade Secretary Liam Fox told to explain why his department endorsed a partisan article which attacked his Cabinet colleague and the Treasury. LONDON - Liam Fox has been urged to explain why ...
Adam Payne / Business Insider   |   Tue, 14 Nov 2017 14:06:43

Post-Brexit market fragmentation in Europe would be 'costly,' IMF No. 2 says

IMF Deputy Managing Director warns against the dangers of fragmentation in markets. Speaking at UBS' annual European Conference, David Lipton said that Brexit will serve to focus "our minds on the future of the financial system architecture." Emphasised IMF's belief in eurozone moving towards fiscal, banking, and capital markets unions. ...
Will Martin / Business Insider   |   Tue, 14 Nov 2017 13:47:22

Bill to enshrine Brexit deal in law not enough for Tory rebels

Further concessions from the UK government look necessary to prevent defeat.
Annabelle Dickson / Politico   |   Tue, 14 Nov 2017 13:46:04

Brexit Could Turn UK Into An 'Old People's Home' Warns Influential Tory MP

Owen Bennett / Huffington Post   |   Tue, 14 Nov 2017 13:26:43

Brexit: Theresa May adviser warns EU withdrawal could be 'the moment we finally failed as a great nation'

'That I see as a very real prospect and it chills me to the bone,' Conservative Policy Forum chairman confesses
Rob Merrick / The Independent   |   Tue, 14 Nov 2017 13:24:00

Land Securities boss says Brexit negotiations are progressing too slowly

Rhiannon Bury / Telegraph   |   Tue, 14 Nov 2017 13:09:24

Theresa May to meet MEPs on November 24

British PM to talk Brexit with senior MEPs.
Maïa de La Baume / Politico   |   Tue, 14 Nov 2017 12:46:06

Liam Fox's Department Under Fire After Promoting Pro-Brexit Attacks On Treasury And Budget Watchdog

Paul Waugh / Huffington Post   |   Tue, 14 Nov 2017 12:31:16