Northern Ireland Court to Consider Whether Brexit Requires Parliament Vote

Northern Ireland’s High Court is to begin hearing a legal challenge on Tuesday against British plans to leave the European Union without a vote in the Westminster parliament.

The case is being brought by a cross-party group of politicians, including members of the province’s two largest Irish nationalist parties, who argue a vote in the Northern Ireland regional assembly should also be required.

The British government has said its legal advice is that triggering Article 50 of the EU Lisbon Treaty, the formal process to start a two-year countdown to an exit, can be invoked under the royal prerogative, which does not require parliamentary approval.


GBPUSD – Momentum Slowing but Remains Bearish

OANDA MP – GBP Slides on May Comments (Video)

RBA Keeps Rates Steady at 1.5 per Cent Under New Governor Philip Lowe

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
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 Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. 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.