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2 Articles
Source: Reuters

Bye-bye Brexit: History haunts German woman leaving UK to avoid...

Today 06:59 GMT

“Being German, we’ve grown up with a very keen sense of our history and the idea that these things shouldn’t repeat and certain things are just, you know when they feel sort of slightly worrying - when is the right time to leave?” she said, speaking in London-accented English.

Actor Sonja Morgenstern, a German national who has lived in London since 1996, packed up and moved back to Nuremberg this week in hopes of rediscovering the peace and certainty she lost when Britain voted for Brexit in 2016.

1 Article
Source: Common Domain

For U.K. Homeowners Looking to Trade Up, Now May be the Time to Sell

Today 06:59 GMT

With the U.K. set to leave the European Union on March 29—without any exit deal in place as of yet—tremendous uncertainty looms over the country in the weeks leading up. The impending deadline has already affected real estate markets in the U.K., with transactions dropping 33% from the third to the fourth quarter of 2018, according to a Winkworth report.

More: Real Estate Investments Are Never ‘Recession-Proof,’ but Some Are Safer Than Others. The type of property U.K. homeowners are hoping to sell and its location will influence how successful a sale is, and should be factored into decisions about timing.

1 Article
Source: The Guradian

Theresa May must go in three months, cabinet ministers say

Today 06:59 GMT

Cabinet ministers will make it clear they believe Theresa May should step down after the local elections in May and allow a new leader to deliver the next phase of the Brexit negotiations, the Guardian understands.

The hardening mood among cabinet ministers on the timeline for her departure will place further pressure on May before a critical week of Brexit talks and votes amid a febrile climate in Westminster.

1 Article
Source: The Guradian

Ireland steps up effort to shelter economy from no-deal Brexit

Today 06:59 GMT

Ireland is accelerating preparations for a no-deal Brexit amid growing alarm that parts of the Irish economy could face severe disruption and even collapse – and that the UK hopes to leverage that prospect to wring concessions from the European Union.

Leo Varadkar’s government is due on Friday to publish a mammoth omnibus bill incorporating 16 pieces of legislation to try to shelter Ireland from the doomsday scenario of the UK crashing out of the EU.

1 Article
Source: BBC

Emergency Irish plan for no-deal Brexit

Today 06:59 GMT

The Irish deputy prime minister has said he hopes that major legislation his government has prepared to manage a no-deal Brexit will never be used.

The opposition parties in the Republic of Ireland are to be briefed on the measures, as their support may be necessary to get the bill passed.

2 Articles
Source: The Guradian

Michel Barnier says there is high chance of 'accidental' no-deal Brexit

Today 06:59 GMT

Michel Barnier has said he is more concerned than ever after a week of talks with Theresa May and the British negotiators that has left Brussels fearing an accidental no-deal Brexit in five weeks .

The EU official told ambassadors privately, after the negotiations with the UK’s Brexit secretary, Stephen Barclay, and a visit by May to Brussels, that the chances of an “accidental” no-deal Brexit were high.

1 Article
Source: The Guradian

Rubbish spot: London council mocked for placement of Brexit posters

Today 06:59 GMT

A London council has been criticised for putting posters telling European residents “this is your home” on the sides of rubbish trucks.

Tower Hamlets council has placed posters around the borough encouraging its 41,000 residents from the European Union to secure their right to stay after Brexit, however it has been suggested that the message could be misconstrued. Comedian Milo Edwards spotted one of the posters on the side of a bin lorry, tweeting:. In response, Conservative councillor Peter Golds claimed that the party’s local group “were saying exactly that when we first saw the trucks” and had sought information as to the cost of the adverts to the Labour-run council in east London.

1 Article
Source: The Guradian

Dozens of Tory MPs ready to block no-deal Brexit, May warned

Today 06:59 GMT

Dozens of Conservative MPs are prepared to vote against the government in order to block the UK leaving the EU without a deal, one of the leaders of a group of more than 100 Tory politicians has said.

Amid expectations that Tory MPs from the hardline European Research Group (ERG) would continue to oppose the prime minister’s package even if she returns from Brussels with changes to the backstop arrangements on the Irish border question, Percy said dozens of his colleagues were saying they would support such motions as the one proposed by the Tory MP Oliver Letwin and Labour’s Yvette Cooper, which is due to be debated on Wednesday.

2 Articles
Source: DW

Pro-Brexit MP: 'Democracy has been served'

Friday 21:50 GMT

The prime minister seems to be going back to the European Union, invited by Angela Merkel no less, who has said that 50 years from now it would look very strange if we didn't look back and say, 'well why couldn't they find a compromise?'

With British MPs having roundly rejected Theresa May's deal with the EU, Brexit hardliners say her defeat means Brussels should renegotiate. But what do they want?

1 Article
Source: BBC

Barclays profits flat amid UK 'uncertainty'

Friday 19:05 GMT

Therein lies the puzzle of the UK banking sector which explains lowly share prices; like Schrödinger's cat, no-one's quite sure what state it's in."

If the economy suffers after the UK's departure from the EU, the extra allowance will help Barclays cover costs such as rising bad debts. The bank's chief executive, Jes Staley, said 2018 had been a "very significant" year, with several issues resolved.

1 Article
Source: The Guradian

Theresa May faces ministerial revolt over no-deal Brexit

Friday 19:05 GMT

Theresa May is facing the most serious cabinet revolt of her premiership next week, with as many as 25 members of the government ready to vote for a Brexit delay unless she rules out “no deal” – in a move that will challenge her to sack them.

On Wednesday, Philip Hammond repeatedly refused to say whether or not he would resign as chancellor if May decided to pursue a no-deal Brexit.

1 Article
Source: Common Domain

British pound pushes back above as dollar heads for 3-day slide

Wednesday 11:46 GMT

The British pound rallied Tuesday, while the dollar gave early gains against its main rivals to head for a third straight losing session.

The British pound GBPUSD, +1.0909%  was the best-performing major currency versus the dollar, surging through $1.30 to $1.3056 compared with $1.2925 late Monday, putting it on track for back-to-back winning sessions to start the week. “Everything seems to be about headlines and the combination of a lack of negative news in the U.K. and some reinforcement that the Fed is on hold seems to have propelled the move higher,” said Mark McCormick North American Head of FX Strategy at TD Securities.

1 Article
Source: The Guradian

Starmer: PM is running down clock on Brexit so MPs get binary choice

Friday 12:41 GMT

Keir Starmer has warned that Theresa May is running down the clock in the Brexit talks with the EU, following his private discussions with the prime minister’s counterparts in the negotiations.

During his visit to Brussels, the shadow Brexit secretary said conversations with key EU officials confirmed his fears that May intends to wait until the last moment “to put a binary choice to parliament: her deal versus no deal”.

1 Article
Source: Global News

Brexit turmoil prompts 11 British MPs to leave parties, form new alliance

Thursday 08:59 GMT

Brexit talks in ‘crucial final period,’ U.K.’s foreign secretary says . There have long been signs that voters’ 2016 decision to leave the EU could spark a major overhaul of British politics, because Brexit has split both the Conservatives and Labour down the middle into feuding pro-Brexit and pro-EU wings.

Eighth lawmaker resigns from U.K.’s Labour Party amid anti-Semitism row, Brexit concerns. May said she was saddened by the decision, but said the government was “doing the right thing for our country” by implementing voters’ decision to leave the EU.

1 Article
Source: The Guradian

Britons may need £52 visa to visit mainland Europe after Brexit

Thursday 08:59 GMT

British tourists travelling to continental Europe may need to pay £52 for a visa in a few weeks after Spanish demands over the status of Gibraltar again derailed Brussels’ preparations for Brexit.

In a 2002 referendum on the possibility of Spain and the UK sharing sovereignty of Gibraltar, which ceded to the UK under the Treaty of Utrecht in 1713, just short of 99% of the electorate voted against the move.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte