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Investment Week (May 23)

2019/ 05/ 25 by jd in Global News

“The resignation of leader of the House of Commons Andrea Leadsom has accelerated expectations of the departure of Prime Minister Theresa May, who is set to step aside or be forced out within days.” The Prime Minister is “facing opposition throughout Parliament and even in her own cabinet.”

 

CNN (March 24)

2019/ 03/ 24 by jd in Global News

While Prime Minister May “is a focus of anger at home, opinion abroad is also worsening. From a distance, Britain’s long-esteemed political establishment appears to be crumbling, one of the original architects of modern democracy floundering in archaic and arcane process. Much as the British empire eroded publicly with nowhere to hide, the nation’s humiliation over Brexit has staggered center stage.”

 

The Guardian (March 12)

2019/ 03/ 13 by jd in Global News

“Theresa May’s Brexit lost to the ultimate adversary: reality…. There might still be ways that Brexit can go badly; unexplored dead ends and byways of failure. But the road to success is now closed.”

 

The Guardian (February 12)

2019/ 02/ 14 by jd in Global News

“GDP growth slipped to its lowest since 2012, at 1.4%, down from 1.8% in 2017.” The UK’s dismal performance in 2018 gave the lie to “Philip Hammond’s claim that Britain can reap an economic dividend from Theresa May’s Brexit deal…as official figures confirmed the UK has suffered its worst year for GDP growth since 2012.”

 

Reuters (January 16)

2019/ 01/ 17 by jd in Global News

“Nobody expected May’s Brexit deal to secure a majority. Nevertheless, the scale of the defeat—the worst for a British government in modern history—was startling…. It’s very unlikely the deal can be rescued.” In fact, investors seem to be signaling that “reversing the Brexit decision” is now more likely than “a chaotic exit…. The pound jumped 1.4 percent against the U.S. dollar immediately after the result was announced on Tuesday.”

 

The Times (January 15)

2019/ 01/ 15 by jd in Global News

“Tonight the House of Commons will finally get the opportunity to pass judgment on Theresa May’s Brexit plan….  But with Brexiteer MPs implacably opposed and Labour also intent on voting down the plan, it looks certain to be heavily defeated. The critical question is what happens then.”

 

Reuters (December 11)

2018/ 12/ 13 by jd in Global News

“With less than four months left until the United Kingdom is due to leave the EU on March 29, May’s premiership and her deal to stave off a disorderly departure or a bid to stop Brexit are hanging by a thread. If she is toppled — and it is far from certain that she would lose a vote among all the party’s members of parliament — — could further complicate Brexit.”

 

The Times (December 9)

2018/ 12/ 10 by jd in Global News

“This week, parliament’s Brexit drama reaches its climax, resulting perhaps in a nation set on a course that no one seems to think is in the national interest, or the collapse of a government, or the fall of a prime minister. Barring a last-minute miracle, Theresa May has lost her final battle. Her big push has failed.”

 

Wall Street Journal (November 18)

2018/ 11/ 20 by jd in Global News

“As the British government convulses over Theresa May’s Brexit deal, its negotiating partners in Europe are watching with bewilderment and anxiety, tempered by a flickering hope that the U.K. Parliament might yet decide the pain of Brexit isn’t worth it.”

 

New York Times (November 17)

2018/ 11/ 19 by jd in Global News

“Everything is up in the air in the Britain’s tumultuous politics right now.” The Brexiteers “savage Mrs. May’s deal and offer no practical suggestions for anything else. This is an utter failure of responsibility. Yes, the prime minister’s deal is pitiful, an awkward compromise that will hobble Britain’s economy and diminish our power. But the truth is—and everyone knows this—there is no better, purer Brexit available without a permanent economic hit.”

 

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