Financial Markets React to Supreme Court’s Ruling on Brexit LeapRate

Financial Markets React to Supreme Court’s Ruling on Brexit

This article is written by freelance writer Zak Goldberg. Prior to the Supreme Court ruling on Tuesday, the pound had hit its highest level since December, yet within minutes of the ruling, the pound had tumbled as the markets reacted to the news the government would need to consult with Parliament before Brexit. A defeat in…

January 24, 2017 BY LeapRate Staff

GBPUSD drops as UK Supreme Court rules against government, requiring Article 50 parliament vote

The UK Supreme Court ruled in a 8-3 vote that an act of Parliament is required in order for the May government to trigger 'Article 50' and formally begin the UK's withdrawal from the EU. The court effectively rejected the arguments put forth on behalf of Theresa May's government, which wanted to trigger Article 50…

Tag: UK Supreme Court

Financial Markets React to Supreme Court’s Ruling on Brexit

GBPUSD drops as UK Supreme Court rules against government, requiring Article 50 parliament vote

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