Sensational Brexit Uturn

      In the High Court this morning it as been ruled Parliament must vote upon whether the UK can begin the process of leaving the EU This simply means the British Government cannot begin to implement Article 50 A vague and sometimes obscure part of the EU Treaty, which basically says; "Any member state may decide to withdraw from the union in accordance with it's own constitutional requirements." The Government will however appeal, with a further hearing next month, there will be a statement read to MP's on Monday.The Prime Minister's official spokesperson is quoted as saying; "The Government had no intention of letting the judgement derail Article 50 or the timetable we have laid out, we are determined to continue with the plan."
      At present there is a great deal of uncertainty from various factions and players, not least of all Jeremy Corbyn (leader of the opposition) and Nigel Farage (Ukip leader) The BBC's Assistant Political Editor, is quoted as saying; "If the court's decision was not overturned, there could be delays with potentially months and months of parliamentary hurdles."
      The Prime Minister's intention has always been to trigger Article 50 by March next year and the other 27 member states have said negotiations about the terms of the UK's exit, likely to last about two years, cannot begin until Article 50 is set in motion.
      The successful court hearing was brought about by an Investment Manager Gina Miller, who is quoted as saying; "The result today is about all of us. It's not about me and my team, it's about our United Kingdom and all our futures."

 
      Also and partly based on the High Court ruling, there as been something of a Post-Brexit U-turn at the Bank of England, with the Pound staging something of a recovery and the planned interest rate cut, being abandoned. The economic outlook suddenly appears to be looking brighter, with a doubling of growth likely, potentially ruling out planned cuts in interest rates.
      Of course there still remains some uncertainty about the pace of growth, maybe unsustainable at the 2016 rate, which will effect wages and in turn spending power of the public, as a result, shoppers will be less likely to be able to drive the economy forward.