Brexit

Today’s Brexit Barometer

... except inflation are composed of sub-indexes that are updated in real time. The higher above zero the index is, the better off Britons are economically; the farther below zero, the worse off they are. Related indicators. Other metrics that measure the well-being of the U. K. economy as Brexit approaches, and how much they’ve changed, compared to a year ago. Bloomberg British Pound Index. This trade-weighted index tracks the strength or weakness of sterling, compared to a basket of major world currencies. Declines in the level mean less purchasing power for Britons traveling abroad but a boost for British exporters, whose goods are thereby cheaper for foreign buyers. U. K. Housing Prices. This monthly snapshot from the Nationwide Building Society shows how much residential property prices—already among the most expensive in the world, especially in London—have risen or fallen in the previous year. (Change is expressed in percentage point terms.). U. K. Govt. Bond Yield. The amount that the U. K. government has to pay to borrow long-term, in the form of 10-year bonds also known as ...

Brexit, Stage One

... in influence. Exhibit one: pro-European French presidential candidate Emmanuel Macron, who polls predict will handily defeat far-right nationalist Marine Le Pen in the election’s second round. [ New York Times / Steven Erlanger ]. Sign up for Vox Sentences. By signing up, you agree to our terms. For more newsletters, check out our newsletters page. 15 felony charges for two anti-abortion activists. David Daleiden is one of two anti-abortion activists facing 15 felony charges. Photo by Eric Kayne/Getty Images. Late Tuesday night, news broke that the two anti-abortion activists who secretly recorded and edited videos of Planned Parenthood officials in an attempt to discredit the group have been charged with 15 felony counts of violating the privacy of health care providers. [ Washington Post / Samantha ...

The White House Just Claimed Donald Trump Had A Major Role In Brexit

... White House. RT Buzz Feed News. Press Sec says Trump was a leader in the effort to call #Brexit. __link__/9 Ay Am QDALl. — Viral Talkies (@Viral Talkies 1) March 29, 2017. Mr Trump flew to Scotland last year, the morning after the results of the referendum to push to leave the European Union were revealed. He suggested his campaign for the White House had helped those who wanted to leave and said the people of Britain had taken “back their country”. “They’re angry over borders, they’re angry over people coming into the country and taking over, nobody even knows who they are,” said Mr Trump at the ceremony to mark the reopening of a golf resort he owns on Scotland’s west coast. “They’re angry about many, many things.”. Sadiq Khan calls for Theresa May to stand up for EU migrants during Brexit. Earlier this year, Mr Trump told ...

How Brexit Is Changing The Lives Of Eight Researchers

... a letter. I said, ‘What do you need a letter for?’. He said ‘I’m going home to Poland this weekend and I need a letter to give to the border guards at Heathrow to let me back into the country.’”. Like many university vice-chancellors in the United Kingdom, Shellard does not want the nation to leave the EU. As in other UK universities, significant percentages of his staff, his students and his research funding come from the EU. In the wake of the vote, the university sector has been wracked with nerves about all three of these elements being damaged. Whereas some vice-chancellors have taken to writing to newspapers or issuing pleas for protection, Shellard launched a campaign he called #Love International, to reassure existing and potential staff and students from the EU, as well as to protect their ...

Here Are The Key Players In The Brexit Negotiations As Theresa May Triggers Article 50

... she is keen on leaving the EU so that the U. K. can regain control of the number of migrants from Europe and beyond. But there are concerns she will not be able to satisfy the Brexiteers in her cabinet and hold the government together until the next general election. David Davis, UK secretary of State to Exit the European Union. Jack Taylor | Getty Images. His task is to negotiate with the EU on behalf of the U. K. government. This includes listening to Scotland, Wales and the Northern Ireland. He has admitted that the U. K. is preparing contingency plans in case it doesn't reach an agreement with the EU within the two-year time limit set on the talks. Phillip Hammond, UK Finance minister. Carl Court/Getty Images. Though the U. K.'s Finance minister will not be at the negotiating table, Hammond will be key to advise on the financial impact that certain negotiating points will have on the British economy. Perhaps the biggest ...

Markets Could See Heartbreak If Brexit Is Hard To Do

... Luke Mac Gregor | Bloomberg via Getty Images. Wall Street traders will be watching a historic moment for the U. K. and Europe on Wednesday, but they're much more concerned about politics in the U. S. Wednesday is the big day for Brexit, with British Prime Minister Theresa May triggering the official separation of the U. K. from the European Union. For the most part, traders believe the markets have long been prepared for the start of the process, which comes with May triggering Article 50, the legal framework starting the negotiations that will unwind the decades-long relationship. But regardless, they will be watching the U. K. markets and the pound and euro closer than usual. "They declare their divorce," said Art Cashin, director of floor operations at UBS. "It's something you want to be alert to.". Brexit could be anticlimactic but it will still get attention well into the U. S. trading day. "I'll be watching Brexit but I don't think it's going to have much effect. I think the negotiations will be going on for two years," said Andrew ...

Holyrood And The Great Brexit Numbers Game

... in my opening lines may be thought germane. For Theresa May, for the entire UK, leaving the European Union involves a substantial measure of risk. A challenge she confidently hopes to mitigate. For Nicola Sturgeon, Scotland's First Minister, Article 50 brings both challenge and opportunity. To be clear, she believes that quitting the EU is a calamitous mistake, particularly as it involves leaving the single market. Ms Sturgeon sought to obtain a distinctive deal for Scotland within Brexit. She argued that, even if the UK was intent upon leaving the single market (which she regretted), Scotland should be enabled to retain membership , perhaps via the European Economic Area. The numbers game. The means by which the Brexit negotiations are triggered. 2018/19 Sturgeon's preferred vote dates. 2019 Two year ...

What A Once-prosperous Seaside Town Thinks About The Brexit Divorce

... Triggered. by Mo Abbas. The seafront in Margate, England. Mo Abbas / NBC News. MARGATE, England — At a traditional tea dance on England's southeast coast, couples glide gracefully across the dance floor seemingly untroubled by the looming Brexit storm. For many in Margate, a once-prosperous seaside town that is part of a district where 64 percent of voters backed leaving the European Union, Britain cannot go soon enough. A traditional tea dance in Margate, England, on Tuesday. Mo Abbas / NBC News. "I'm pleased to be out of the EU. But it seems to be taking an awful long time," Gwen Reeves told NBC News after the dance. "I'm not racist but I do think the level of immigration is far too high," the 66-year-old added, raising a touchstone issue in the Brexit debate — the number of foreigners being allowed to live and work in the U. K. "We have so many people that are unskilled coming in, needing resources — they need to address it somehow.". Prime Minister Theresa May on Wednesday ...

Brexit Will Bring Four Types Of Market Distress

... four market stresses ahead for the U. K. The first will come from the depreciation of the pound , he said, although he noted that while it could fall further, that's largely played out already. The pound has dropped from as high as $1.50 just before the vote to exit the European Union to as low as $1.1979. On Tuesday, it was trading around $1.2560. That will spur the second market stress, higher inflation, he said. "That hurts people. It hurts in particular the middle-and-low wage families that are exactly the ones that voted Brexit," he said. "Populism is bad for the same people it's advocated for. These are people that have not seen their wages go up in the last decade and now they're going to see the prices of food and other goods going up.". He noted that the U. K. imports around 50 percent of its food and 70 percent of its fruits and vegetables, adding that higher prices will force people to squeeze consumption. Getty Images. An American tourist stands near the Houses of Parliament the day after the majority of the British ...