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Financial Times: High Court delivers blow to UK’s Brexit plans
The UK government’s plans for Brexit have been dealt a blow by a landmark High Court ruling that the Article 50 divorce process for leaving the EU requires a vote by Parliament. The Government said it will appeal against the decision. View Article |
House of Commons: Statement on Article 50
Secretary of State for Exiting the EU, David Davis, made a statement in the House of Commons on the process for invoking Article 50. View Article |
Open Europe: What does the Article 50 ruling mean for the Government’s Brexit plans?
Following the Government’s defeat in the High Court over its exclusive right to trigger Article 50, the EU’s exit clause, what could happen next? Stephen Booth assesses the fallout. View Article |
Verfassungsblog: The High Court’s Brexit Decision: A Lesson in Constitutional Law for the UK Government
In failing to understand the constitution of its own country, the government was taught an embarrassing lesson by the High Court on the Strand. View Article |
Joergen Oerstroem Moeller: How Brexit could poison the British political agenda for years
After the High Court ruling that the Parliament must approve a British exit from the EU, Brexit confronts PM Theresa May with six front lines: The Tory Party, the Parliament, the British public, Scotland, Northern Ireland, the World Trade Organization, and the European Union. View Article |
Financial Times: Article 50 ruling ‘makes life more uncertain’ for business
CBI head says employers are concerned about timeframe for Brexit. View Article |
NIESR: A welcome decision from the MPC, but risks remain’
The NIESR commented on the Bank of England's MPC decision to leave unchanged the stance of policy after revising up the Bank’s forecast of inflation to 2.7 per cent in 2017 Q4 and 2.7 per cent in 2018 Q4 in its November Inflation Report. View Article |
BoE's Cunliffe: Challenges for financial markets
Bank of England Deputy Governor for Financial Stability Sir Jon Cunliffe reflected on the factors that have influenced London’s position as a global financial centre and considered some of the implications for European financial markets from the UK exiting the EU. View Article |
Financial Times: Brexit ruling and BoE decision send pound surging
The pound soared to a four-week high on Thursday after the High Court ruled the government must seek parliamentary approval for triggering Article 50 and the Bank of England said the post-referendum economy was “notably stronger” than it expected. View Article |
Institute for Fiscal Studies: Winter is Coming: the outlook for the public finances in the 2016 Autumn Statement
As the new Chancellor prepares for his first fiscal statement this briefing note looks at how significant a public finance challenge he faces. View Article |
Financial Times: EU reconsiders financial market access rules
Senior European officials are re-examining existing equivalence rules to strengthen them in what would be considered a blow to post-Brexit City and US firms. View Article |
Financial Times: City should welcome escape from burden of EU rules, says report
Rather than fearing disruption from Brexit the City should welcome the chance to escape the burden of “excessive” EU rules, according to Barney Reynolds, head of financial services at Shearman & Sterling law firm. View Article |
City AM: Losing access to the single market and passporting would be "calamitous" for the financial services sector, say MPs
MPs discussed the risks of losing access to EU's single market and passporting rights during a backbench debate on the impact of Brexit on financial services. View Article |
Financial Times: City of London lobby group wants ‘no change’ Brexit deal
TheCityUK Manduca’s stance is at odds with government’s starting point of leaving single market. View Article |
Financial Times: Theresa May looks to reveal more Brexit detail within weeks
Theresa May is likely to announce details of her Brexit plans for financial services and other key sectors of the UK economy within weeks, to reassure business leaders and MPs that her EU exit strategy is taking shape. View Article |
ChatHam House: Increasingly apart: Post-crisis growth trajectories in the UK and Eurozone
Brexit threatens to undermine the very consumption-centric economic model that has enabled the UK to outperform the eurozone since the financial crisis, researchers found. View Article |
Paul Goldschmidt: The Brexit negotiations
The E.U. and the United Kingdom share one and the same priority, says Paul Goldschmidt: Preserve at all costs their respective integrity! View Article |
Hedgeweek: Cyprus positions itself as post-Brexit partner to UK funds industry
Fund managers have gathered in London to hear from the Cyprus Investment Funds Association (CIFA) about the opportunities in the country as an investment destination. View Article |
Statement by President Donald Tusk on the outcome of the Presidential elections in the United States
The European Council President congratulated the new US President Donald Trump but warned against the "new challenges that these results bring." View Article |
Financial Times: Donald Trump delivers America’s Brexit
This revolt against the political and economic order is immeasurably more significant, writes Robert Shrimsley. View Article |
Paul Goldschmidt: Is it already too late for Europe?
The shock of Trump’s election should mobilise Europeans to take their destiny in their own hands, as had been hoped for initially after the British referendum. View Article |
Remarks by J.Dijsselbloem following the Eurogroup meeting
The Eurogroup President gave a brief account of the main issues discussed: banking union, Cyprus and Spain, national insolvency frameworks, Greece and draft budgetary plans. View Article |