Prime Minister Theresa May's plan to take Britain out of the European Union easily cleared its first legislative hurdle on Wednesday, paving the way for the government to launch divorce talks by the end of March.
UK prime minister Theresa May will have to obtain the consent of parliament before triggering Article 50, the exit procedure from the European Union, the Supreme Court ruled on Tuesday (24 January).
The European Court of Justice has “ultimate authority” on Brexit, its most senior British member has warned.
British Prime Minister Theresa May said on Sunday she would deliver a full exit from the European Union, hitting back at critics of her Brexit strategy who have threatened to try to block the process in parliament.
In a major blow for Britain’s government, the High Court ruled Thursday that the prime minister can’t trigger the U.K.’s exit from the European Union without approval from Parliament.
The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor's Dow Jones Indices.
Voters in France, Italy and the Netherlands are demanding their own votes on European Union membership and the euro, as the continent faces a “contagion” of referendums.
The voters of the United Kingdom spoke Thursday and, to the surprise of pundits and their elected officials, declared that they want out of the European Union.
Britons are preparing to head to the polls Thursday to decide whether the country will remain in the European Union, a decision advance surveys indicate is not a foregone conclusion.
Opinion polls on Tuesday suggested growing support amongst Britons for staying in the European Union but the vote in two days time which will have far-reaching consequences for Britain and Europe remains on a knife edge.
The campaign to take Britain out of the EU has opened up a remarkable 10-point lead over the Remain camp, according to an exclusive poll for The Independent.
The Pew survey revealed that 48 percent of British voters had an unfavorable opinion about the EU, compared to 44 percent who were in favor, a similar figure to recent national opinion polls.