Supreme Court to Rule Assuming Article 50 Irrevocable

Supreme Court President David Neuberger said judges deciding a landmark challenge to the government’s Brexit plans are proceeding on the basis that giving formal notice of Britain’s intention to leave the European Union can’t be reversed.

“An irrevocable step is going to be made in the form of the Article 50 notice,” Neuberger said on the second day of arguments in the Brexit appeal. Both the government’s case, that it doesn’t need to consult Parliament before notifying the EU, and the legal challenge trying to force a vote, assume that Article 50 is irreversible.

Bloomberg

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Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam