Brexit: Latest news and analysis

London markets down ahead of crunch week for trade talks

Stocks and the pound made a shaky start to a week in which both Britain and the European Union will set out their demands ahead of trade talks starting next month. Sticking points include UK alignment with EU rules and access for continental fishing boats to British waters.

Dan Atkinson
French foreign minister: EU and UK will ‘rip each other apart’

French foreign minister says that the EU and UK will ‘rip each other apart’. Meanwhile, the British Retail Consortium criticises Boris Johnson’s negotiating stance.

Lawrence Gash
Shares higher but pound falls on rate-cut rumours

London stocks continue to cheer Boris Johnson’s decisive victory one month to the day after he returned triumphant to Downing Street. But sterling was weaker as traders fears a cut in official interest rates.

Dan Atkinson
UK Brexit deal passes final stage in Commons by comfortable majority

Prime Minister Boris Johnson’s UK Brexit deal is approved, with the UK on course to leave the EU on January 31 News
EU may need to extend Brexit deadline, says commission chief

The EU may need to extend the deadline for talks about a new trade deal with Britain once the country leaves the bloc, says the head of the European Commission. News
UK car production falls to lowest level in a decade as manufacturers brace themselves for possible post-Brexit tariffs

UK car output falls as manufacturers prepare themselves for possible post-Brexit tariffs. Most vehicles are exported with the EU being the main market News
Fears of 2020 global recession fall for global investors

Two-thirds of investors now expect stocks to outperform bonds News
The 2019 UK election: what investors need to know

The Conservatives have achieved a surprisingly big majority. How the result could impact the pound, the markets and Brexit? News
UK house prices fell at fastest rate in November

Brexit and election uncertainties put off British home-buyers and sellers last month News
UK party leaders make final pre-election pleas

Economic uncertainty as YouGov poll suggests possibility of a hung parliament News
UK party leaders step up last minute campaigning in General Election

Sterling, which is affected by sentiment over Brexit and whether the Conservative party will win an outright majority, is little changed amid expectations of a Tory victory News
election impact on stock market
UK general election impact on the stock market: what to expect

Analyse the UK general election impact on stock market performance with Will the outcome of the UK election 2019 boost or sink the stock market?

Alexandra Pankratyeva
Pound leaps after survey shows growing Conservative lead

Survation poll shows Tory lead widens to 14 points over Labour News
Brexit and General Election ‘weighing down on housing market confidence’

Raising a deposit is seen as the biggest barrier to getting on the property ladder, the Building Societies Association said. News
Political uncertainty sends UK economy ‘staggering through the final quarter of 2019’

Decline in orders and new projects hit businesses amid Brexit fears News
Pound up but shares down in countdown to Brexit election

Sterling was higher against all major currencies this morning as the 12 December Brexit election drew nearer. But share prices were down, and tensions surfaced at a UK-hosted NATO summit.

Dan Atkinson
France talks up possibility of 'unique' post Brexit trade deal

French trade minister wants a ‘very close’ partnership as long as UK plays fair over environment and labour standards Research Team
Governments must take ‘bold action’ to avoid a future of low growth

World GDP at lowest annual rate since financial crisis News
UK manufacturing gloom persists

CBI survey says output volumes fell again in November, but Brexit extension boosted order books News
Greggs upgrades profits forecast as Brexit extension avoids disruption

The high street chain had previously warned that the October 31 deadline could affect supply. News
CBOE Low 50: trading the ups and downs of Brexit

Britain’s Brexit election is under way, and the Chicago Board Options Exchange has put together a stock index designed to let traders take positions on Britain’s withdrawal from the European Union. Because the companies listed have low dependence on British revenues, their shares do well the “harder” Brexit looks likely to be.

Dan Atkinson
Michel Barnier warns that trade talks could be as tough as Brexit negotiations

He said the European Union would insist on zero dumping as well as zero tariffs and zero quotas. News
London markets mixed as Brexit election campaign starts

Share prices rose this morning but sterling was weaker as the political parties prepared to battle it out ahead of the December 12 general election. Today will see a new Speaker of the House of Commons elected in what will be the last significant act of the current Parliament.

Dan Atkinson
UK economy predicted to slow more than expected next year

A new report from the EY ITEM Club believes previous predictions of GDP growing by 1.5% were too optimistic, with 1% now more likely. News
Top indices to invest in November
Top indices to invest in November

As S&P 500 trend to new highs, thanks to risk-off and optimism around Brexit, these are the top indices to invest in November Research Team
FTSE 100 top risers
FTSE 100 top risers: best 3 FTSE stocks to trade by the end of 2019

What are the FTSE 100 stocks that will draw investor attention towards the end of the yearr? Learn more about the FTSE’s market performance in the midst of Brexit with Research Team
Pound and stocks rise in wake of Brexit deadlock

Sterling and London share prices were higher this morning in the wake of Saturday’s Parliamentary deadlock over Brexit. Prime Minister Boris Johnson is demanding “a straight up-and-down vote” on his withdrawal deal.

Dan Atkinson
Parliament must accept deal if Britain to get EU FTA by end of 2020, Truss says

Ms Truss says numerous countries including the US and Japan are keen to secure trade agreements with the UK. News
UK Parliament meets
UK Parliament meets at weekend for critical Brexit debate

British MPs meet on Saturday in the first such sitting in 37 years to debate Boris Johnson’s Brexit deal. Should they fail to pass it, Britain’s constitutional deadlock will remain unresolved.

Dan Atkinson
Brexit Trading Strategy
Brexit Trading Strategy | Gold, FTSE, GBP Analysis

It is the final countdown for Brexit, as we are approaching October 31. Brexit has given us numerous market events in the last several years. This Saturday, the British parliament will have an extraordinary sitting and we will cover the major markets that will be affected by this event. Largely focused on FTSE and GBP, Brexit trading influence other markets, including Gold and DAX, which will gain or lose when a deal or no-deal scenario is confirmed. News Video
Pound hits five-month high as Brexit deal agreed
Pound hits five-month high as Brexit deal agreed

The UK Prime Minister Boris Johnson and European Commission president Jean-Claude Juncker say they have finally agreed a Brexit deal. News
Majority of investors believe no-deal Brexit will hit global markets – poll

The research by State Street found that one-third believe ‘serious implications’ are on their way without a deal. News
Building for Brexit: Barratt expects to sell 13,000 new homes

Barratt Developments said it has the balance sheet to deal with Brexit fallout as it built more than 3,000 homes in the first 15 weeks of the year News
German exports to UK drop again in first seven months of 2019

The decline continues a downward trend since the UK voted to leave the European Union in 2016. News
Economy looks set to avoid recession despite August contraction

The ONS said the economy shrank by 0.1% in August, but grew 0.3% on a three-month basis. News
Pound dives to month low against euro as Brexit fears spook traders

The pound fell by 0.67% against the euro to 1.112 and slid by 0.52% to 1.222 against the dollar during trading on Tuesday. News
No-deal Brexit poses unknown risks of disruption, warns financial watchdog

The FCA said the EU’s ‘patchwork’ approach to no-deal preparations has left the financial sector vulnerable to risks. News
British retailers suffer worst September on record

The British Retail Consortium (BRC) has found that UK retailers experienced their worst September since their records began twenty five years ago.

Lawrence Gash
Markets steady as Brexit talks resume

Critical talks between London and Brussels resume today as the October 31st deadline for leaving the European Union comes into sight. Markets were steady this morning but that could change very quickly if no deal is agreed.

Dan Atkinson
UK housing market sales change since EU referendum

House sales in the London boroughs of Brent, Kensington and Chelsea and Westminster are down by around 40%, Yorkshire Building Society said. News
Sterling drops after Bank of England policymaker’s remarks on rate cuts

Sterling (GBP) slipped below $1.23 against the dollar after a Bank of England (BoE) policymaker said the next move for the central bank could be a rate cut

Ramla Soni
UK sees smaller than expected deficit last month but borrowing up by more than a quarter

Britain ran a smaller than expected budget deficit last month but borrowing in the financial year to date rose by more than a quarter

Ramla Soni
Housing crisis in England affects 8.4 million people

Those affected may be homeless, unable to afford to move out of unsuitable properties or have ill health, the National Housing Federation said. News
Markets sag but pound resilient as Supreme Court Brexit verdict is awaited

UK-listed stocks fell this morning as investors wait for the Supreme Court to rule on a key Brexit-related issue. These share-price losses were mirrored across Europe, with the pound actually rise against the euro.

Dan Atkinson
Next sees price cuts in no-deal Brexit as half-year profits rise

The retailer reported a 2.7% rise in pre-tax profits to £319.6 million for the six months to July. News
BoE: Failure to reach October Brexit deal will hurt growth

The Bank of England (BOE) has argued that Britain’s economy is underperforming in part due to Brexit uncertainty and will continue to do so if an October deal is not reached, Reuters reports.

Lawrence Gash
UK Inflation rate 2019 plummeted to its lowest rate for almost three years

Figures from the Office for National Statistics (ONS) show the Consumer Prices Index (CPI) was 1.7% last month, compared with 2.1% in July. News
No sign of households stockpiling ahead of Brexit, figures suggest

Households bought 0.9% fewer items than the same quarter last year, suggesting ‘talk about stockpiling might be just that’, analysts Kantar said. News
Sterling reaches highest level since July

The pound (GBP) rose to its highest level - a seven-week high against the dollar, breaking through the $1.24 mark, as investors cut their bets on sterling falling as the risks of a no-deal Brexit could be receding

Ramla Soni
Housebuilder Berkeley positive on demand despite Brexit worries

The London-listed firm saw shares lift higher in early trading on Friday after it said forward sales remained above £1.8 billion. News
Sterling drops to its lowest level since the 1980s following Boris’ Brexit showdown

This morning the pound (GBP) reached its lowest level since the 1980s, as Brexit turmoil continues.

Ramla Soni
Brexit uncertainty leads to fall in German exports

The U.S.-China trade war and Brexit continue to significantly affect global economic confidence.

Ramla Soni
Sterling slumps at start of torrid week for Brexit

The pound fell on foreign exchanges this morning at the opening of a week that could see Britain’s fractious Brexit debate mutate into a full-blown constitutional crisis. London stock prices bucked the trend and rose, but given equity markets across Europe were generally higher, this may not have been significant.

Dan Atkinson
FTSE 100 closes higher despite oil losses

The pound was down on the US dollar, but up against the euro. News Video
Shares up but pound weaker as Tory leadership fight approaches first round

London shares were higher this morning but sterling lost ground as the fight to replace Theresa May as leader of the governing Conservative Party shifted up a gear.

Dan Atkinson
London stock exchange
London shares higher despite Tory Party hammering in European elections

Stock markets have brushed off the disastrous result for the ruling Conservative Party in European Parliamentary elections, but sterling was lower across the board. Attention now shifts to the question of who will succeed Prime Minister Theresa May by winning the leadership contest.

Dan Atkinson Video
London markets shrug off Brexit deadlock as question of European elections looms

The pound and share prices were resilient this morning despite continuing deadlock over the shape of Britain’s withdrawal from the European Union. Generally cheery markets in the City contrasted with gloom in the political capital, Westminster.

Dan Atkinson
Sterling higher as cross-party Brexit talks continue

The pound strengthened on foreign exchanges this morning as the government and the opposition Labour Party prepared for Brexit discussions to continue over Easter. Cabinet Office minister David Lidington has said both sides will “take stock” ten days from now.

Dan Atkinson
Markets mixed as Brexit endgame looms

Share prices have started the week with a spring in their step despite huge uncertainties surrounding the course of Brexit. The pound was weaker on foreign exchanges as Prime Minister Theresa May sought to rally support for her withdrawal deal.

Dan Atkinson
Sterling and shares pepped up by Brexit optimism

The prospect of an agreement in Parliament on the British government’s Brexit deal seems to have cheered markets. Sterling and share prices are trading higher than they were a month ago, despite short-term ups and downs.

Dan Atkinson
Markets mixed as Brexit outcome mired in uncertainty

The Brexit picture has been further clouded by a split in the opposition Labour Party and a looming vote on whatever deal the government can bring back from Brussels. But the pound is generally stronger against major currencies and the blue-chip FTSE 100 Index is higher than it was a month ago.

Dan Atkinson
Shares higher, pound down as Theresa May talks up Brexit hopes

London stock markets were higher today as Prime Minister Theresa May flew to Northern Ireland to say she can get an agreement to a deal that suits the province. But sterling was lower after a disappointing survey of the services industry.

Dan Atkinson
Shares and sterling ride out latest Brexit turmoil

As Parliament debates amendments to the government’s European Union withdrawal legislation, the pound and domestic shares held their own on financial markets. But that could quickly change if legislative deadlock turns into a constitutional crisis.

Dan Atkinson
Markets mixed ahead of crunch Brexit vote

Shares and the pound sent mixed signals this morning ahead of a critical Brexit vote in Parliament later today. There are fears that the expected rejection by MPs of the government’s proposed Brexit deal could spark a constitutional crisis.

Dan Atkinson
Brexit impact on financial markets

With Britain set to leave the European Union on 29 March, with or without a deal, only one thing is clear: there is much uncertainty surrounding financial markets.

Drew McConville
Blue chips and sterling shrug off Brexit vote worries

With 15 January 2019 confirmed as the date for a Parliamentary vote on the government’s Brexit deal, the FTSE 100 index was higher this morning and sterling gained ground against the euro. But fears remain that rejection of Prime Minister Theresa May’s proposals could trigger a constitutional crisis.

Dan Atkinson
Brexit 50/50: Take advantage of Brexit volatility

Catch up with the latest rates of Brexit 50/50 indices at and take advantage of Brexit volatility.

Alexandra Pankratyeva
Sterling gold price reflects UK political woes

Sterling has lost 5% against gold during the past month as Brexit-related political problems have threatened a constitutional crisis. Amid reports of panic buying in the UK, the price in terms of British pounds has soared.

Dan Atkinson
Brexit update: Tory MPs trigger no confidence vote

Sir Graham Brady, the chair of the 1922 committee, confirmed on Wednesday morning that he has received at least 48 letters from Conservative MPs calling for a vote of no confidence.

Drew McConville
FTSE 100 rises on US-China trade talks

The pound fell on news that Prime Minister Theresa May could face a vote of no confidence. News
Pound and shares higher as Theresa May seeks to salvage Brexit deal

Sterling bounced off its lows yesterday as Theresa May mounted a rescue operation after pulling a vote in Parliament on her Brexit deal. The prime minister is meeting European leaders and officials seeking “clarifications” that may satisfy her critics.

Dan Atkinson
PM calls off vote on Brexit deal

Commons vote deferred to allow appeal to the European Union over the Irish backstop.

Drew McConville
Pound lower as ministers drum up support for Brexit deal

Ministers are touring the UK to bolster support for the government’s Brexit deal ahead of a key vote on Tuesday. Sterling was lower this morning, while London stock markets mirrored buoyant trading on continental exchanges.

Dan Atkinson
Brexit debacle sees stocks lower, but the pound strengthens

Government defeats in Parliament over its Brexit legislation were followed by lower share prices in London. But worse may be to come in the event of a full-scale constitutional crisis.

Dan Atkinson
Sterling has topsy turvy day as Brexit papers unleashed on markets

The pound was up 0.5% versus the US dollar to 1.280 US dollars. News Video
Top shares defy Brexit turmoil but sterling lower

London’s blue-chip share index was higher this morning despite deepening uncertainty about the Brexit process. But sterling was down, as were domestic UK stocks, suggesting the drawn-out UK departure is taking its toll on financial markets.

Dan Atkinson
Markets rise on possibility Theresa May could get Brexit deal approved

The FTSE 100 closed 1.2% higher News
Brexit stress tests for hardy traders

Traders who thrive on stress and anxiety are in for a treat during the next 12 months as Britain’s tortuous departure from the European Union promises endless market turbulence. No-one can see the future, but there are some principles that ought to help traders navigate the choppy waters ahead.

Dan Atkinson
UK should maintain closest possible ties with EU, says think tank

The OECD said a no-deal Brexit scenario could wipe off more than 2% from UK growth over two years. News
Weaker pound suppresses growth in UK dividends

It was a record quarter for global payouts. News
Pound steadies after biggest sell-off since 2016

Sterling rose against the US dollar and euro, but FTSE 100 financial stocks remained under pressure. News
Government resignations spark pound sell-off

Sterling fell sharply against most major currencies, dropping 1.5% to 1.28 US dollars and 1.4% to 1.13 euro. News
Pound and shares up on Brexit talks optimism

Reports that the UK was “almost within touching distance” of a Brexit deal buoyed sterling and London stock prices this morning. But sticking points remain and the clock is ticking ahead of the 14 November deadline.

Dan Atkinson
Sterling and shares resilient at start of crunch Brexit week

The pound and London share prices were sanguine this morning ahead of a key Brexit Cabinet meeting tomorrow. But a UK-EU deal is far from certain with major issues unresolved.

Dan Atkinson

Videos on Brexit

Economic calendar
Today, 4 March, 2020
02:30 AUD
HIGH Gross Domestic Product (QoQ) 0.005 0.004
15:15 USD
United States
HIGH ADP Employment Change 191.0K 291.00K
17:00 CAD
HIGH BoC Interest Rate Decision 0.0175 0.0175
17:00 CAD
HIGH BoC Rate Statement
17:00 USD
United States
HIGH ISM Non-Manufacturing PMI 55.5 55.5
17:30 USD
United States
HIGH EIA Crude Oil Stocks Change -0.079M 0.45M
18:15 CAD
HIGH BoC Press Conference
5 March, 2020
02:30 AUD
HIGH Trade Balance 5618.0M 5223.00M
15:30 USD
United States
HIGH Initial Jobless Claims 219.00K
15:30 USD
United States
HIGH Initial Jobless Claims 4-week average 209.75K
17:30 USD
United States
HIGH EIA Natural Gas Storage Change -143.00B