Royal Bank Of Scotland Share Discussion Threads

[leedskier] 03/11/2016 10:07

Sterling flying now.

[careful] 03/11/2016 10:07

RBS is 4% up.

[gcom2] 03/11/2016 10:06

much of ftse 1000 point rise since brexit put down to weak pound.
now it rises on sterling rally?

[avatar333] 03/11/2016 09:59

beep beep whirr

;

[leedskier] 03/11/2016 09:50

Sterling now rising against the Euro and USD. Ditto banks and the FTSE.

[leedskier] 03/11/2016 09:11

Parliamentary sovereignty is a principle of the UK constitution. It makes Parliament the supreme legal authority in the UK, which can create or end any law. Generally, the courts cannot overrule its legislation and no Parliament can pass laws that future Parliaments cannot change. Parliamentary sovereignty is the most important part of the UK constitution.

[leedskier] 03/11/2016 09:06

This has nothing to do with the outcome of the referendum, but whether, given the impact on existing statutory rights dependent on continuing membership of the EU, the Government can terminate membership without recourse to Parliament.

[careful] 03/11/2016 09:04

my guess is that all key legislation will need to be debated and voted on.
May and co.wanted to repeal the lot in one go then start again.
It will take years if the judge makes the ruling in favour of parliament.

[maxk] 03/11/2016 09:00

For arguments sake.

Are they likely to overturn the referendum?

[leedskier] 03/11/2016 08:58

The Guardian corrects me ...


In order to prevent leaks of the market-sensitive ruling, which involves a large number of parties, preliminary drafts of the judgment have unusually not been sent out in advance to the lawyers.

[avatar333] 03/11/2016 08:58

Morning.

;

[leedskier] 03/11/2016 08:56

As appears, it is a "hand down" Judgment, which has been embargoed until 10.00am. So the result will hit the wires on or very shortly after 10.00am.

[leedskier] 03/11/2016 08:52

Either way it will very probably go to the Supreme Court. If it does, it will be argued there quite quickly.

The appeals process can move very quickly in important cases requiring speedy resolution.

[leedskier] 03/11/2016 08:44

FTSE100 rises 0.22%.

[maxk] 03/11/2016 08:44

What happens if the judges knock it back?

[leedskier] 03/11/2016 08:40

COURT 4
Before THE LORD CHIEF JUSTICE and MASTER OF THE ROLLS and LORD JUSTICE SALES
Thursday 3 November, 2016
At 10 o'clock
FOR JUDGMENT
HAND DOWN
CO/3809/2016 The Queen on the application of Miller v Secretary Of State For Exiting The European Union
CO/3281/2016 The Queen on the application of Santos v Secretary Of State For Exiting The European Union

[leedskier] 03/11/2016 08:35

Constitutional case of the millennium ...

In UK, the High Court is set to rule today on whether the government can begin the formal process of quitting the EU without first consulting parliament.

[csmwssk12hu] 03/11/2016 08:22

First time I've seen this blue since results

[leedskier] 03/11/2016 07:48

IGSquawk

Markets coming off - seems to be on reports from Bret Baier that "indictment is likely" for Clinton Foundation. $USDMXN up.

[leedskier] 03/11/2016 07:45

IGSquawk ‏@IGSquawk 1 hour ago

Our European opening calls:

$FTSE 6839 down 6
$DAX 10367 down 4
$CAC 4412 down 2
$IBEX 8880 up 7
$MIB 16479 up 4

[leedskier] 02/11/2016 17:39

The spin may be the US election, but I think that events closer to home are also in the mix for the 3.5% fall since the FTSE100 topped out at 7100.

[avatar333] 02/11/2016 16:06

Next forced to slash prices to lure unwilling British shoppers