What Happens After Brexit Court Ruling?

The High Court in London has ruled that the British government requires parliamentary approval to trigger the process of exiting the European Union.

The government, which had planned to start the EU divorce without going through parliament, said it would appeal against the ruling and the Supreme Court has set aside Dec. 5-8 to hear the case.

The stage is now set for a period of political uncertainty while ministers digest the ruling and how to respond to it.

Reuters

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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.