Sterling dips after UK leader wins right to pull trigger on Brexit

Sterling is edging lower after the UK parliament backed the so-called 'Brexit Bill', clearing the way for the government to begin formal exit negotiations.

Theresa May had been widely tipped to trigger Article 50 in coming days, however, the government is now indicating that she will hold off until later this month

he mixed messages from Theresa May's government come as it faces fresh calls for a second Scottish Independence referendum.




Nicola Sturgeon, the leader of the Scottish National Party, is petitioning for the vote to take place in either late 2018 or early 2019.  Prime Minister Theresa May has so far avoided saying whether or not she would grant permission for the referendum.

However, she was highly critical of the Scottish administration for the timing of its announcement:

The evidence is that the Scottish people, the majority of the Scottish people, do not want a second independence referendum. So instead of playing politics with the future of our country, the Scottish government should focus on delivering good government and public services for the people of Scotland. Politics is not a game.





Winter storm Stella has caused Chancellor Angela Merkel to delay her plans to travel to the United States after the White House asked her to postpone her trip.

President Donald Trump called the German Chancellor while she was on her way to the airport, to head to her first meeting with the new President. The White House later issued a statement saying the visit would be rescheduled for Friday.

Meanwhile, 14 million Americans would lose health insurance in the coming year under the Republican plan to replace Obamacare. This, according to a report from the non-partisan Congressional Budget Office, which also suggests that number would rise to 24 million by 2026.





Sterling taking another leg down as investors digest the ongoing uncertainty in the United Kingdom.


Baroness Verma, Chairman of the EU External Affairs Sub-Committee is on set arguing that the Scottish referendum won't benefit the wider United Kingdom or indeed Scotland.

Without any sense of apparent irony, she says Europe must recognize the U.K. as a proper partner while at the same time Scotland should respect the need to come together with the wider U.K. in its dealings with Brussels.