Value of pound surges following news that UK Parliament must approve Brexit

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>The UK Parliament alone has been given the power to trigger Brexit&comma; contrary to the opinion of British PM Theresa May&period;<&sol;p>&NewLine;<p>May has previously said that the Cabinet could trigger Brexit by notifying Brussels of the UK&&num;8217&semi;s intention to leave the European Union&period;<&sol;p>&NewLine;<p>In one of the most important constitutional cases in generations&comma; three senior judges ruled that the Prime Minister cannot use the royal prerogative to trigger Article 50 of the Lisbon Treaty to start the UK&&num;8217&semi;s exit from the EU without the prior authority of Parliament&period;<&sol;p>&NewLine;<p>This ruling is a setback for May&comma; who has said the government alone would decide when to leave the EU&period;<&sol;p>&NewLine;<p>However&comma; the UK government has been given the go-ahead to appeal against the ruling at the Supreme Court&period;<&sol;p>&NewLine;<p>International Trade Secretary Liam Fox said the government is &&num;8220&semi;disappointed&&num;8221&semi; at the High Court decision on Article 50 adding <i>&&num;8220&semi;the government is determined to respect the result of the referendum&&num;8221&semi;&period;<&sol;i><&sol;p>&NewLine;<p>Speaking in the House of Commons&comma; Mr Fox said <i>&&num;8220&semi;the Government is determined to respect the result of the referendum&&num;8221&semi;&period;<&sol;i><&sol;p>&NewLine;<p><i>&&num;8220&semi;The Government is disappointed by the court&&num;8217&semi;s judgement&comma;&&num;8221&semi;<&sol;i> he said&period;<&sol;p>&NewLine;<p><i>&&num;8220&semi;The country voted to leave the European Union in a referendum approved by Acts of Parliament&period; The Government is determined to respect the result of the referendum&period;<&sol;p>&NewLine;<p>&&num;8220&semi;This judgment raises important and complex matters of law and it&&num;8217&semi;s right that we consider it carefully before deciding how to proceed&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>He added&colon; <i>&&num;8220&semi;I have nothing to add other than to reiterate that it&&num;8217&semi;s right that the Government will consider carefully before deciding how to proceed following the judgment&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>Former Liberal Democrat leader Lord &lpar;Menzies&rpar; Campbell of Pittenweem said the ruling was a <i>&&num;8220&semi;slap in the face&&num;8221&semi;<&sol;i> for Mrs May&period;<&sol;p>&NewLine;<p><i>&&num;8220&semi;This is a clear illustration of the well-known legal principle that no matter how high you are&comma; the law is above you&comma;&&num;8221&semi;<&sol;i> he said&period;<&sol;p>&NewLine;<p><i>&&num;8220&semi;It is a slap in the face for the Government&period; It shows the dangers of playing ducks and drakes with the constitution and particularly the sovereignty of Parliament&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed2c6b95c4b">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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