View full page at forexfactory.com

 

Scotland cannot hold an independence referendum without UK government approval, top court rules

From cnbc.com

The U.K.’s Supreme Court on Wednesday told the Scottish government it cannot hold a fresh independence referendum without the U.K. government’s consent. Supreme Court President Lord Reed said in broadcast remarks that the Scottish Parliament did not have the power to legislate on matters reserved to the U.K. Parliament, including the union. A referendum was held in in September 2014 in which Scotland voted to remain in the U.K. by 55% to 45%. The Scottish National Party, which backs independence, became a major political force when it won a majority in the Scottish Parliament in the 2011 election. SNP leader Nicola ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis