Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

09 May 2019

Brexit Weekly


UK will hold European elections, Bank of England set for faster rate hikes, Brexit drains £30bn from UK funds, wealthy UK investors optimistic on Brexit impact, private equity deals drop and more.

  Jump directly to
Brexit & UK   About this email

  Articles from 02 May 2019 - 09 May 2019

  Brexit & UK
 
 
Financial Times: UK to hold European elections on May 23
The UK will hold European Parliament elections on May 23, the government has confirmed.  View Article
Financial Times: EU elections may turn Brexit on its head
UK involvement could upset Brussels’ policymaking and play havoc with long-term relations, warns Tony Barber.  View Article
Bloomberg: Bank of England set for faster rate hikes if Brexit resolved
Mark Carney said the Bank of England would raise interest rates by more than investors are predicting if the UK successfully manages a smooth exit from the European Union.  View Article
Financial Times: Brexit drains £30bn from UK funds
Investment funds based in the UK haemorrhaged £30bn in the 12 months to the end of March, as Brexit uncertainty prompted investors to spurn UK assets and shift money to EU-regulated products, research by Morningstar shows.  View Article
Bloomberg: Bankers ring new alarm bells over Brexit threat to the economy
After years of work and millions of pounds spent in preparation for the UK’s withdrawal from the European Union, the delay to October and seemingly endless questions about the outcome are casting a cloud over bankers’ outlooks and taking the shine off the rise in shares this year.   View Article
Financial Times: Regulator urges post-Brexit deal for City of London
FCA head Andrew Bailey warned that customs union will not help financial services.  View Article
Bank of England's Cunliffe: Financial stability post Brexit: risks from global debt
Sir Jon Cunliffe, Deputy Governor for Financial Stability, outlined the financial stability risks that might arise from Brexit. He then went on to examine the financial stability risk environment more generally.   View Article
Financial Times: Wealthy UK investors optimistic on Brexit impact, survey shows
41% of high net worth investors in the UK believe Brexit will have a positive impact, according to a survey by UBS Global Wealth Management, compared with 35% who think it will be negative.  View Article
Financial Times: Private equity deals drop as Brexit reduces UK appeal
Private equity investments in UK companies fell last year as buyout bosses postponed decisions because of Brexit uncertainty even as deals in the rest of Europe hit a record, new research has shown.  View Article
Bloomberg: Baillie Gifford opens sales office in Frankfurt ahead of Brexit
UK asset manager Baillie Gifford opened a sales office in Frankfurt to serve clients on the European continent in a movement said to be as "just the start."  View Article
The Guardian: Boost to UK economy as threat of no-deal Brexit recedes
Britain’s economy recovered some of its momentum last month after businesses shook off the threat of a no-deal Brexit, as data from the country’s dominant services sector showed modest growth.  View Article
The Economist: How is Brexit affecting FDI into Britain?
Foreign investment remains strong, but it would be stronger still were Britain not leaving the EU, warns The Economist's editorial board.  View Article
Bloomberg: EU’s Juncker says he regrets staying quiet about Brexit ‘lies’
Juncker, who is due to stand down later this year, said respecting the then-Prime Minister David Cameron’s request that EU chiefs should stay  View Article
The Guardian: Grounds for hope in customs union talks with Labour, says Hunt
There are grounds for hope that a customs union arrangement may be negotiable with Labour, Jeremy Hunt has said, as he warned that both main parties would continue to be punished by their core voters for as long as they failed to deliver Brexit.  View Article
Federal Trust: The very odd couple: Theresa May and Jeremy Corbyn
Director Brendan Donnelly argues that the current negotiations on Brexit between the government and the Labour Party are doomed to failure. Their failure will stem from and symbolise the contradictions underlying the whole Brexit project.  View Article
Financial Times: UK and Ireland agree to maintain common travel area after Brexit
The UK and Ireland have signed a deal to maintain their citizens’ rights to travel freely between the two countries after the UK leaves the EU, in an initiative that some Brexiters said had wider significance for future relations with the bloc.  View Article
The Guardian: More than 600,000 EU citizens apply for UK settled status
More than 600,000 EU citizens have already applied to stay in the UK post-Brexit, Home Office figures reveal.  View Article
 

  Graham's tweets


© Graham Bishop


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment