The UK Parliament must vote on whether the government can start the Brexit process, the Supreme Court has ruled. The judgment means Prime Minister Theresa May cannot begin talks with the EU until MPs and peers give their backing - although this is expected to happen in time for the government's 31 March deadline.
Members of Parliament have repeated their call for the government to publish its plan for Brexit in a formal policy document. A number of Conservative MPs have joined Labour in asking for a White Paper on the government's negotiating objectives, arguing it will allow for a fuller debate on Brexit.
The United Kingdom Supreme Court will rule whether Parliament or ministers have the power to begin the Brexit process. The landmark judgment, to be announced early Wednesday will decide how the EU's Article 50 exit clause is triggered.
British Prime Minister is to unveil a new, more interventionist, and industrial strategy on Monday, designed to boost the post-Brexit UK economy. The government will be “stepping up to a new, active role,” Mrs. May said. She will launch the new strategy at her first regional cabinet meeting, to be held in the north-west of England.
The head of the International Monetary Fund has warned the UK there is still likely to be pain ahead as Theresa May prepares to trigger the UK's departure from the European Union. Christine Lagarde told the BBC the Brexit process would be complicated.
Prime Minister Theresa May has said the UK “cannot possibly” remain within the European single market, as staying in it would mean “not leaving the EU at all”, but at the same time promised to push for the “greatest possible” access to the single market following Brexit.
UK’s powerhouse financial sector would face heightened risk and an exodus of 232,000 jobs without certainty over Britain’s Brexit deal, MPs in the House of Commons have heard. Xavier Rolet, chief executive of the London Stock Exchange Group (LSE), said two thirds of the job losses would be felt outside Greater London, with the blow coming as soon as the euro clearing operation leaves Britain’s shores.
Labour does not rule out backing continued freedom of movement when Britain quits the European Union, Jeremy Corbyn said. The Opposition leader used a major speech on Brexit to set out plans to prevent cheap migrant labour from the EU undercutting British workers.
Spain has little prospect of gaining joint sovereignty over Gibraltar, Spanish Foreign Minister Alfonso Dastis said this weekend as he acknowledged that Gibraltarians “have a right” to reject the offer. In an interview with the leading Spanish newspaper El País, the foreign minister insisted any post-Brexit relationship between Gibraltar and the EU must first be agreed by the UK and Spain.
The British Pound slumped lower on ongoing Brexit worries on Tuesday, while the US Dollar recouped some of its recent losses as investors wait for President-elect Donald Trump's first press conference Wednesday. While Trump's Twitter account has been active since he won the keys to the White House and given clues to his policies, Wednesday's press conference will give Trump the platform to explain his tax and spending plans.