UK Supreme Court Rules Parliament Must Approve Brexit: Too Late to Matter

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Tweet on Twitter / Mike “Mish” Shedlock / January 24, 2017

In a move best described as too late to matter, U.K. Supreme Court Rules Theresa May Must Consult Parliament Before Starting Brexit.

Britain’s Supreme Court ruled Prime Minister Theresa May must seek approval from Parliament before formally triggering the country’s withdrawal from the European Union, potentially complicating her path out of the bloc.

David Davis, the minister overseeing Brexit, said the government would send legislation to Parliament within days. “There can be no going back,” Mr. Davis said.

Labour leader Jeremy Corbyn pledged not to frustrate the Brexit process, but said his party would seek to ensure Britain’s “full, tariff-free access to the single market” and prevent the government from turning the country “into a bargain basement tax haven off the coast of Europe.”


Read more ... source: The Bitcoin Channel




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