Brexit & Beyond: Europe in Flux is The Wall Street Journal’s round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here.
MUST READS
U.K. Prime Minister Theresa May and European Commission President Jean-Claude Juncker.
Andy Rain/European Pressphoto Agency
Bank of England Bets on Smooth Brexit: The Bank of England forecast steady if unspectacular growth for the U.K. in the years ahead—provided the country’s exit from the European Union goes smoothly.
How Emmanuel Macron’s Vision of the EU Could Further Marginalize Britain: The French president-elect’s impact on U.K. lies less in his Brexit negotiating stance than in the prospect of a more cohesive bloc, writes Simon Nixon.
U.K. Home Sales Dip Ahead of General Election: Estate agents reported a drop in home sales in April, in part due to a decline in new instructions, changes to stamp duty and uncertainty over the general election, according to a survey on Thursday.
EU Now Sees No U.K. Slowdown in 2017: The European Commission on Thursday raised its U.K. growth forecasts for the second time in six months, saying it doesn’t now expect a slowdown this year in response to the country’s June 2016 decision to leave the European Union.
EU Raises Growth Forecasts but Warns on Threat From Brexit and Trump: Europe’s economy is strengthening, the European Union said Thursday, raising this year’s growth forecast, despite geopolitical risks that could undermine its fifth year of recovery.
ECB’s Constâncio Says Time for Regulatory Light to Shine on Shadow Banking: Financial rules designed to make the financial system safer need to encompass nontraditional banks, European Central Bank Vice President Vítor Constâncio said on Thursday.
European Stocks Should Break on Through to the Other Side: Peak Europe? The Stoxx Europe 600 index is close to a level where previous ascents have repeatedly stalled. But earnings and global growth could help Europe keep climbing, writes Richard Barley.
Uber Faces Threat of Stricter Regulation in Europe After Latest Legal Setback: Uber Technologies Inc. on Thursday suffered the latest blow in its legal battles in Europe after a court adviser to the European Union’s highest court said the U.S. ride-hailing company should be regulated as a transportation company, not an online platform.
IN THE PAPERS
Tories Target Blair Country – Politico
Ireland Woos Michel Barnier as Brexit Talks Loom – Financial Times
The Brexit Trap That’s Closing on Britons Living in Europe – The Guardian
Britain’s General Election Dominated by Brexit Tactical Campaigns – NBC
Labour Manifesto Leak Reveals Re-Nationalization Plan – Politico
– Compiled with the help of Toby Luckhurst
For breaking news and intelligence on Brexit, finance, markets, deals and people from London, download WSJ City for iPhone or Android smartphone. And you can find more analysis of politics, economics and regulation in the European Union over on Real Time Brussels.
May 12, 2017 at 12:55AM
from Stephen Fidler
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