Businesses Prepare Legal Challenge over Brexit Negotiations

group of businesses is preparing a legal challenge to prevent the government from beginning Brexit negotiations without an act of parliament.

The action, brought by law firm Mishcon de Reya, would potentially complicate Britain’s path to leaving the EU, given that a majority of MPs were in favour of remaining and many have continued to speak in favour of maintaining access to the single market.

Candidates in the Conservative leadership election have so far treated the start of negotiations as within the next prime minister’s discretion.

CNBC

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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.