The verdict is now out after a brief summary 24 Jan

  • 8-3 majority verdict
  • govt can not trigger Article 50 without consent of parliament

Summing up in progress still. Watch it live here but we'll bring you the headlines and analysis.

GBPUSD 1.2533 after a pre-announcement spike to 1.2516. As I have been saying the verdict was largely expected and the rally may well be tempered.

I expect the govt will have a Bill lined up ready to pass through both Houses.

GBP lower again as judges rule that devolved assemblies in Scotland and N Ireland do not need to give consent.

GBPUSD 1.2465 and EURGBP 0.8630