Theresa May, UK prime minister : still hard Brexit
The UK Supreme Court ruled on Tuesday that Prime Minister Theresa May must get parliamentβs approval before she begins Britainβs formal exit from the European Union.
The UKβs highest judicial body dismissed the governmentβs argument that May could simply use executive powers known as βroyal prerogativeβ to invoke Article 50 of the EUβs Lisbon Treaty and begin two years of divorce talks.
However, the court rejected arguments that the UKβs devolved assemblies in Northern Ireland, Scotland and Wales should give their assent before Article 50 is invoked.
βThe referendum is of great political significance, but the Act of Parliament which established it did not say what should happen as a result,β said David Neuberger, President of the Supreme Court which ruled by 8-3 against the government.
βSo any change in the law to give effect to the referendum must be made in the only way permitted by the UK constitution, namely by an Act of Parliament.β
May has repeatedly said she would trigger Article 50 before the end of March but she will now have to seek the consent of lawmakers first, potentially meaning her plans could be amended or delayed, although the main opposition Labour Party has said it would not slow her timetable.
Last week May set out her stall for negotiations, promising a clean break with the worldβs largest trading block as part of a 12-point plan to focus on global free trade deals, setting out a course for a so-called βhard Brexitβ.
Sterling initially rose on the news that the government had lost its appeal, but it then fell over half a cent to hit dayβs lows against the dollar and euro after the court ruled that Britainβs devolved assemblies did not need to give their assent to triggering Article 50. Sterling last traded down 0.6 percent on the day at $1.2463.