Theresa May to warn China against steel dumping during trade mission
The Prime Minister will challenge leaders over cheap Chinese steel that is sold below the cost of production
Joe Watts / The Independent | Tue, 30 Jan 2018 22:29:58
Government minister asks if UK can go ahead with Brexit if leaked impact analysis is accurate
A leaked Whitehall report forecasting that Brexit will make Britain worse off economically has caused political turmoil. One government minister has even said the UK would need to question whether it went through with Brexit if the figures are accurate. Labour plans to force a binding vote on whether the ...
Rob Price / Business Insider | Tue, 30 Jan 2018 22:07:10
Backlash mounts at Brexit minister's 'insulting' comments
Steve Baker said civil service forecasts were 'always wrong' following leak of damning report A Brexit minister's claim that government officials have never produced a correct economic forecast has triggered a furious backlash as senior figures branded it an insult and the former head of the civil service said it ...
Anushka Asthana and Peter Walker / Guardian | Tue, 30 Jan 2018 22:00:09
Labour Plans To Force Government To Publish Brexit Economic Assessments
Kate Forrester / Huffington Post | Tue, 30 Jan 2018 22:00:01
Labour is to force a binding vote on whether Theresa May should publish the Brexit impact papers
Shadow Brexit Secretary Keir Starmer will try to force a parliamentary vote on whether the government should publish the leaked Brexit impact assessment in full. Labour will table a motion which would give MPs a binding vote. Theresa May has refused to publish the analysis which was leaked to BuzzFeed ...
Adam Payne / Business Insider | Tue, 30 Jan 2018 22:00:00
Tory Minister Phillip Lee Says Leaked Brexit Analysis Raises 'Serious Question' Over Quitting EU
Graeme Demianyk / Huffington Post | Tue, 30 Jan 2018 21:54:29
Sketch: We've taken back control. Is someone going to take responsibility?
Brexit rampaged out of control round the Commons and the Lords. Soon, the public might have to decide if in fact they want to destroy it.
Tom Peck / The Independent | Tue, 30 Jan 2018 20:56:39
Government's 'muddled' approach means EU transition deal could be 'meaningless waffle', former Brexit minister warns
Tory peer says ministers have provided 'no clear answers' to key questions about Britain's future relationship with Europe
Benjamin Kentish / The Independent | Tue, 30 Jan 2018 19:11:00
This stock market drop is about one thing: fear of rising interest rates
As the Fed meets, stocks are having a tantrum over rising interest rates that could result in the deepest sell off since the correction after Brexit.
CNBC | Tue, 30 Jan 2018 18:55:00
Leaked report says the U.K. will suffer after Brexit
Britain's economy will be worse off after Brexit whether it leaves the EU with a free trade deal, single market access, or with no deal at all, according to leaked government analysis. Zahra Mackaoui provided by Reuters
Newslook, Newslook / USA Today | Tue, 30 Jan 2018 18:34:43
Dow Dumps 400 Points - Biggest Drop Since Brexit, VIX Tops 15
Well, that escalated quickly... The Dow is down 400 points - the biggest drop since June 2016's Brexit vote surprise - and down over 600 points from its highs yesterday... As is clear above, VIX is also spiking - back above 15 for the first time since August. All the ...
Tyler Durden / Zero Hedge | Tue, 30 Jan 2018 18:08:15
Brexit & Beyond: Eurozone Growth Soars, Carney Sees U.K. Wage Gains, China's Grand Transport Plans
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 France's economic growth picked up pace in 2017, helping push the eurozone to its strongest annual expansion ...
Toby Luckhurst / MoneyBeat | Tue, 30 Jan 2018 17:52:18
Gibraltar says can implement Brexit selectively, muddying outcome - report
LONDON (Reuters) - Gibraltar can choose elements of any Brexit deal Britain agrees with the European Union and avoid those it considers detrimental, the chief minister of the British territory said.
Reuters | Tue, 30 Jan 2018 17:51:38
Labour to force publication of secret Brexit paper
Ministers could be forced to publish a top secret study on the impact of Brexit - after the details of what it contains were leaked.
Sky | Tue, 30 Jan 2018 17:45:00
Britain will get stuck in long post-Brexit transition - EU lawmaker
BRUSSELS (Reuters) - Britain is likely to get stuck in a long transition period in which it will pay the European Union and abide by its laws but have no say in the bloc's affairs, a European lawmaker handling Brexit said.
Reuters | Tue, 30 Jan 2018 17:13:16
Fate of GBP Depends on Brexit Deal
Sterling had been on a downward trend since the U.K.'s vote to leave the European Union in 2016, but reduced concerns over an abrupt break-up with the EU are sending the currency higher. The pound traded at $1.40 against the dollar Tuesday morning, not only boosted by a weaker dollar, ...
Alfonso Esparza / OANDA | Tue, 30 Jan 2018 17:04:46
Brexit is Already Impacting the UK Economy
What will Brexit mean for the British economy? Executives, forecasters and bankers have been trying to answer that question for at least two years. The U.K. government has done its own analysis, and a leaked draft Tuesday makes for ugly reading. BuzzFeed reported that the government analysis suggests Brexit will ...
Alfonso Esparza / OANDA | Tue, 30 Jan 2018 16:57:30
Former DexEU Minister's Withering Takedown of May's Brexit Dithering
Former DexEU minister George Bridges with a withering takedown of May's Brexit dithering in the Lords this afternoon: "Four months on and there are still no clear answers to these basic, critical questions. All we hear day after day are conflicting, confusing voices. If this continues and ministers cannot agree ...
WikiGuido / Guy Fawkes' blog | Tue, 30 Jan 2018 16:18:37
Brexit minister says Whitehall economic forecasts always wrong
Steve Baker makes claim to MPs after leaked analysis suggests UK would be worse off after Brexit One of Theresa May's key Brexit ministers has claimed that civil servants have never produced a correct economic forecast, and said he looks forward to continuing to prove the "horror story predictions" of ...
Anushka Asthana and Peter Walker / Guardian | Tue, 30 Jan 2018 16:16:42
'We're already pretty pessimistic': Britain's leading pollster John Curtice says leaked Brexit forecasts won't sway Leave voters
Pollster John Curtice says the publication of leaked government papers detailing the damage of Brexit is unlikely to sway voters. He says the country is "already pretty pessimistic" about the consequence of leaving the EU. "It's not as though we went into this with wild enthusiasm for the economic consequences," ...
Thomas Colson / Business Insider | Tue, 30 Jan 2018 16:12:08
Carney's Speech: no bias on Brexit
BOE governor Carney is speaking the upper House of Lords Economic Affairs Committee, with key headlines, via Reuters, found below. The market is expec
Ross J Burland / FX Street | Tue, 30 Jan 2018 16:01:16
Ministers play down leaked Brexit study
Labour demands the full publication of a government report predicting an economic hit from Brexit.
BBC | Tue, 30 Jan 2018 15:59:06
Daily Digest 1/30 - The 6 Traders Arrested For Manipulating The Gold Market, Why Is The Shale Industry Still Not Profitable?
These Are The 6 Traders Who Were Just Arrested For Manipulating The Gold Market The Follower Factory Tax Reform: The Devil's in the Details This Flu Season Is The Worst In Nearly A Decade Brexit: Britons favour second referendum by 16-point margin – poll Study: Pretrial Detention Makes Poor People ...
Chris Martenson | Tue, 30 Jan 2018 15:57:41
Britain is already worse off because of Brexit
Slower growth, falling living standards and the loss of vital workers: Brexit is already hurting the U.K.
CNN | Tue, 30 Jan 2018 15:53:30
Britain already feeling Brexit pain
CNN | Tue, 30 Jan 2018 15:53:20
Brexit bill - as it happened: Government accused of 'cover up' as Labour vows to force release of secret papers
Follow all the latest updates from Westminster here
Ashley Cowburn / The Independent | Tue, 30 Jan 2018 15:31:00
Brexit Minister Steve Baker Says Government Economic Forecasts 'Are Always Wrong'
Ned Simons / Huffington Post | Tue, 30 Jan 2018 14:35:59
Secret Brexit paper - how the numbers compare
FT's Chris Giles says paper shows Britain worse off under all scenarios
FT | Tue, 30 Jan 2018 14:33:27
GBP/USD refreshes session tops near mid-1.4100s, US data & Carney eyed
• Renewed USD selling triggers a sharp short-covering rally. • Clarification on leaked Brexit document supports GBP. • US data/Carney's
Haresh Menghani / FX Street | Tue, 30 Jan 2018 14:12:24
Brexit paper 'leaked to undermine EU exit'
An assessment of the likely impact of various Brexit scenarios was leaked to undermine the exit talks, a Government minister has claimed.
Sky | Tue, 30 Jan 2018 14:06:00
Brexit Papers leak storms Westminster teacup
Many Brexit voters know that leaving the EU will harm the economy but don't much care.
Charlie Cooper / Politico | Tue, 30 Jan 2018 14:01:29
Civil Servants Kept Forecasts From Ministers
Brexit minister Steve Baker reveals he saw the Treasury / Cabinet Office document for the first time this morning, and that David Davis only saw it last night. Despite some Remain journalists claiming it was nothing to do with the Treasury and all the work of DD. Now pretty clear ...
Ross Kempsell / Guy Fawkes' blog | Tue, 30 Jan 2018 13:49:53
The Brexit Identity: Why Facts Won't Win The Remain Argument
Michael Abberton / Huffington Post | Tue, 30 Jan 2018 13:48:56
And The Leaked Impact Studies Are A Brexit BEST Case Scenario
Keith Taylor MEP / Huffington Post | Tue, 30 Jan 2018 13:46:58
Sterling predicted to hit pre-Brexit vote level before the end of 2018
Sterling had been on a downward trend since the UK's vote to leave the EU, but reduced concerns over an abrupt break-up are sending the currency higher.
CNBC | Tue, 30 Jan 2018 13:27:00
Labour vows to force Government to publish secret Brexit reports laying bare economic damage
Ministers face anger from all sides of Commons, as they insist the document - which concludes all three Brexit options would leave Britain poorer - will remain secret
Rob Merrick / The Independent | Tue, 30 Jan 2018 13:20:00
Reality bites in Britain's Brexit conundrum
The UK government knows there are no good options
FT | Tue, 30 Jan 2018 13:18:47
EU unity on Brexit transition belies the differences
Berlin and Paris take a harder line than some capitals on future long-term relations with the UK
FT | Tue, 30 Jan 2018 13:16:06
Frankfurt's Uncertain Future: Brexit Winner, Brexit Loser
Frankfurt is booming and thousands of investment bankers are heading for the German financial capital as a result of Brexit. But can the city handle the influx? Its already fragile social structures are being stretched to the breaking point.
Spiegel | Tue, 30 Jan 2018 12:44:00
UK PM May's spokesman: leaked Brexit document was initial work, not approved by ministers
The UK PM Theresa May's spokesman was out with some comments this Tuesday on a leaked cabinet report, which revealed that national income would be 8%
Haresh Menghani / FX Street | Tue, 30 Jan 2018 12:37:31
Theresa May refuses to release leaked Brexit impact report because it is 'incomplete'
Theresa May will not publish the leaked Brexit impact assessment. The report will not be released in its current form because it was an "incomplete draft document," a spokesperson for the prime minister said on Tuesday. The report, produced by the Treasury for the Brexit department, suggests Britain will be ...
Adam Bienkov and Adam Payne / Business Insider | Tue, 30 Jan 2018 12:24:58
Gibraltar says can implement selective parts of Brexit, muddying outcome - report
LONDON (Reuters) - The chief minister of the British territory of Gibraltar has said he can choose elements of any Brexit deal Britain agrees with the European Union so as to avoid those he considers detrimental.
Reuters | Tue, 30 Jan 2018 12:14:03
This leaked Brexit memo means Labour must make a choice | Gaby Hinsliff
Analysis showing any Brexit will leave Britain poorer should push Labour MPs - and voters - to a decisive stand over Europe Brexit is going to be godawful. Granted, the leaked draft of the analysis prepared for cabinet ministers didn't quite use those words, but that was the general gist. ...
Gaby Hinsliff / Guardian | Tue, 30 Jan 2018 11:56:53
Liz Truss: Treasury minister warns Conservatives will lose next election unless party is clearer on its vision to make Britain better
Theresa May is facing pressure from both sides of her party over Brexit and domestic policy
Lizzy Buchan / The Independent | Tue, 30 Jan 2018 11:53:33
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, VMW, DPS, WYNN, BX, TRI)
Here is what you need to know. Trump administration releases list of 114 Russian politicians and business figures to increase pressure on Vladimir Putin. The list includes 96 people deemed to be each with an estimated net worth of $1 billion or more. British pound slumps then reverses after Brexit ...
Jonathan Garber / Business Insider | Tue, 30 Jan 2018 11:49:00
Leaked Brexit impact report: key questions answered
As the government plays down the impact on its Brexit strategy, we examine the key points They spell out that all varieties of Brexit on offer would make Britain poorer, significantly so in the case of anything other than staying very closely linked to the EU through single market membership. ...
Dan Roberts Brexit policy editor / Guardian | Tue, 30 Jan 2018 11:37:06
Brexit and the analysis of its economic consequences: iteration 2
Alberto Nardelli at Buzzfeed broke the story that government economists have undertaken a new analysis of the consequences of different variants of Brexit. And come up with the unsurprising conclusion that they would all be costly. In one sense, this ... Continue reading →
Tony Yates / longandvariable | Tue, 30 Jan 2018 11:32:46
UK Political Pressures Rise....Because EU Does Exactly What It Has Been Saying It Would Do on Brexit
When you think the UK has made as much of a mess of Brexit as it possibly can, it manages to do even more.
Yves Smith / Naked Capitalism | Tue, 30 Jan 2018 11:31:52
Morgan Stanley: The economic damage of Brexit will force a 'soft out' deal for Britain
Economic damage from Brexit will incentivize the UK to go for a deal, Morgan Stanley said. A hard Brexit could see a 7.5% fall in GDP. LONDON – Two Morgan Stanley analysts believe that the scale of the potential economic damage Britain would suffer as it leaves the EU will ...
Jim Edwards / Business Insider | Tue, 30 Jan 2018 11:13:00
Brexit: EU negotiators to seek an agreement with the UK - Danske Bank
EU27 ministers yesterday endorsed a mandate for EU negotiators to seek an agreement with the UK for a transition period that would last until the end
Sandeep Kanihama / FX Street | Tue, 30 Jan 2018 11:05:24