Brexit talks intensify as bid to thrash out a deal continues in Brussels October 12, 2019 Brexit negotiations are set to continue in Brussels over this weekend as both sides move toward a workable deal. Discussions yesterday between EU’s chief negotiator Michel Barnier and UK Brexit secretary Stephen Barclay were labelled by the pair as “constructive”. Read more: EU member states approve the opening of ‘tunnel’ negotiations’ on Brexit Boris Johnson [...]
EU member states approve the opening of ‘tunnel’ negotiations on Brexit October 11, 2019 EU member states have today given permission for Brexit negotiations to enter a new intensive phase, the so-called tunnel. The tunnel is slang for discussions held in secret between a small group of negotiators to try and ensure that offers and counter offers are not disclosed. Read more: Sterling blasts past $1.26 as EU leaders [...]
Sterling blasts past $1.26 as EU leaders welcome Brexit deal progress October 11, 2019 Sterling rose by over one per cent today to smash past $1.26 as EU leaders welcomed signs that the Brexit talks deadlock could finally break. The British pound climbed 1.8 per cent to $1.267 against the dollar as both European Council president Donald Tusk and EU chief negotiator Michel Barnier reacted positively to talks between [...]
Michel Barnier and Stephen Barclay have ‘constructive’ meeting on Brexit October 11, 2019 The EU’s chief negotiator Michel Barnier and UK Brexit secretary Stephen Barclay had a “constructive” meeting on Brexit today, an EU Commission spokesperson said. “We are working towards a deal,” said the spokeswoman, Mina Andreeva. “If there is a will, there is a way.” Barnier told assembled reporters that Brexit negotiations were like mountaineering. “Brexit [...]
Shares in housebuilders and UK banks jump on new Brexit deal optimism October 11, 2019 Shares in UK housebuilders and banks jumped this morning on renewed optimism a Brexit deal is achievable. Prime Minister Boris Johnson and Irish Prime Minister Leo Varadkar met yesterday, with Varadkar saying he believes a deal is possible by 31 October. Read more: Sterling barrels past $1.25 as Donald Tusk welcomes progress on Brexit talks [...]
Donald Tusk says he has received ‘promising signals’ from Leo Varadkar on Brexit October 11, 2019 European Council President Donald Tusk said this morning that he had received “promising signals” from Irish Prime Minister Leo Varadkar on Brexit. Tusk tweeted “The UK has still not come forward with a workable, realistic proposal. But I have received promising signals from Taoiseach Leo Varadkar that a deal is possible. Even the slightest chance [...]
Brexit talks continue as Boris Johnson eyes 31 October departure October 11, 2019 Brexit talks are set to continue today, with Brexit secretary Stephen Barclay due to meet chief EU negotiator Michel Barnier to see if they can rescue a deal. Talks between Prime Minister Boris Johnson and Irish Prime Minister Leo Varadkar sent the pound soaring yesterday as they said they could “see a pathway to a [...]
Boris rekindles hope of Brexit breakthrough October 11, 2019 This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. Then again, it might not be. In the days before Boris Johnson and Leo Varadkar’s meeting yesterday at a Liverpool wedding venue, talk on both sides of the Channel was of the [...]
Barclays execs feared jail over plan to pay hidden fees to Qatar, fraud trial hears October 10, 2019 Senior Barclays bankers discussed their fears of going to jail as they scrambled to create a mechanism to pay extra fees to Qatar during a £2bn fundraising in 2008, a court heard today. Roger Jenkins, Richard Boath and Thomas Kalaris are standing trial at the Old Bailey, accused of conspiracy to commit fraud by false [...]
Brexit: Johnson and Varadkar see ‘pathway to possible deal’ October 10, 2019 Prime Minister Boris Johnson and Irish Taoiseach Leo Varadkar have issued a joint statement saying they both see “a pathway to a possible deal”. The two will now consult with their respective negotiating teams, including the EU’s Taskforce 50, ahead of further talks. Sterling climbed 0.5 per cent to $1.2267 on the back of the [...]