Brexit: Will U.K. Government Continue its Legal Appeal on Parliamentary Vote?

Adam Lemon

There have been some interesting developments in the U.K. on the Brexit front.

The Appeals Court recently held that Brexit cannot be triggered without a vote by Parliament, and there is some doubt whether Parliament would approve the Government’s exact exit terms or even whether it would vote its approval for exit at all.

The British government announced it would appeal the issue to the country’s highest and final arbiter of law, the Supreme Court.

Last Friday, the Supreme Court stated that the Scottish and Welsh devolved governments should have a say at any appeal. This would be very bad for the British Government, as both governments are strongly anti-Brexit, and could be expected to do everything possible to disrupt the Brexit operation.

This development has prompted some senior Members of Parliament from the governing Conservative Party to urge the government to drop its appeal and to get on with getting Brexit passed through Parliament as quickly as possible.

They say that Brexit would pass and cite fears that the Supreme Court might give a veto power to the Scottish and Welsh governments.

Importantly, though, it is worth noting that the Members of Parliament behind this move all supported the Remain campaign during the referendum last June.

Brexit

About the Author
Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.
Learn more from Adam in his free lessons at FX Academy

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