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03 October 2019

Brexit Weekly


We are moving into the end-game of Brexit - so hold on to your hat for the next few weeks. If you are interetesed in Europe,we are now targeting the interaction of the driving forces of politics and economics as they force the required changes in over-arching financial regulation. Details of these services are here

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Articles 26 September 2019 - 3 October 2019


The Guardian: Brexit: dismay in Brussels as Boris Johnson finally reveals plan : Boris Johnson appears to be fighting a losing battle to avoid Britain staying in the European Union beyond 31 October after Michel Barnier privately gave a scathing analysis of the prime minister’s new plan for the Irish border, describing it as a trap. View Article
The Guardian: Michel Barnier: Boris Johnson’s behaviour has ‘limited the chance’ of a Brexit deal : Michel Barnier has told the British government that he fears Boris Johnson’s polarising behaviour has effectively blown any chance of finding a majority for a Brexit deal in the Commons. View Article
EurActiv: EU’s Juncker says Britain will be responsible if no Brexit deal : Commission President Juncker has said he and the European Union’s chief Brexit negotiator Michel Barnier were doing all they could to get a Brexit deal, and if they failed it would be Britain’s responsibility. View Article
The Guardian: 'It's gloomy': EU unlikely to change position, says senior German MP : Günter Krings, the parliamentary state secretary to the interior minister, told the Conservative party conference the EU is unlikely to change its negotiation position on Brexit even if there is a change of government. View Article
Financial Times: Germany and France brace for another Brexit delay : Germany and France hold out little hope that the UK government’s latest proposals on the Irish border puzzle will help to deliver a Brexit deal at a Brussels summit of EU leaders on October 17-18. View Article
The Guardian:Tories hold 12-point lead over Labour in latest poll : The Conservatives head into their annual conference in Manchester with a 12-point lead over Labour, according to the latest Opinium poll for the Observer. View Article
Financial Times: UK lacks leadership to sort Brexit, says Finnish PM : An absence of leadership in Britain has hobbled efforts to strike a new Brexit deal, the prime minister of Finland has claimed, as he urged the UK to end its “soft talk” and rush forward concrete proposals for its EU partners to consider.  View Article
The Guardian: Brexit uncertainty pushes UK to brink of recession : Brexit uncertainty has pushed the UK economy to the brink of a recession, according to a Guardian analysis of economic news over the past month. View Article
Financial Times: Brexit prompts ESM to switch out of English bond law : The eurozone’s bailout fund has said it will stop issuing bonds governed by English law, in the latest sign that Brexit is chipping away at the UK’s status as a key jurisdiction for international financing. View Article
City AM: City minister John Glen warns against turning away from EU rules post-Brexit : City minister John Glen has warned that the UK must think carefully about its regulation options post-Brexit, arguing that EU rules had been the “hallmark of our credibility”. View Article
Financial services optimism dives at fastest pace since Crash – CBI/PwC : Sentiment, volumes and profits all deteriorated markedly in the financial services sector, with various indicators at their weakest since before and during the financial crisis of 2008, according to the latest CBI/PwC Financial Services Sector. View Article
Deloitte: UK endorsement of IFRSs post EU-exit : At the meeting of the International Forum of Accounting Standard Setters (IFASS) currently held in London, participants received a presentation by representatives of the UK Department for Business, Energy & Industrial Strategy (BEIS) on 'UK audit reforms; and UK endorsement of IFRSs post EU-exit'. View Article
Financial Times: Small businesses unprepared for no-deal Brexit, survey shows : Only a fifth of small British businesses exposed to Brexit have prepared for the UK leaving without a deal, according to a survey that shows many vulnerable companies are still ill-equipped for upheaval with only weeks before the scheduled departure. View Article
UK in a Changing Europe: Will a no deal Brexit lead to the break-up of the UK? : In a new briefing paper, published by the Bennett Institute for Public Policy and the Centre on Constitutional Change, researchers explore some of the main potential ramifications of no deal for the domestic Union. View Article
Graham Bishop #FBPE retweeted
BBC Breaking News BBC Breaking News
UK publishes #Brexit proposals to the EU, including plans to replace the Irish backstop with an "all-island regulatory zone"
Graham Bishop #FBPE retweeted
Bloomberg Brexit Bloomberg Brexit
BREAKING: EU governments have discussed giving the UK a major concession on Brexit by possibly time-limiting the contentious backstop mechanism for the Irish border
Graham Bishop #FBPE retweeted
<a href=FT Brussels" /> FT Brussels
Johnson to ‘know by the weekend’ whether he has chance of Brexit deal
Graham Bishop #FBPE Graham Bishop #FBPE
UK proposes customs posts on both sides of border - @rte has the story…
Graham Bishop #FBPE retweeted
BREAKING: Sebastian Kurz's party has won the Austrian election
Graham Bishop #FBPE retweeted
City A.M. City A.M.
Juncker says no-deal Brexit will be all Britain's fault

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