And parliamentarians’ attempts to subvert the democratic process and prevent Government from implementing the settled will of the people is hitting foreign exchange markets and the pound.
Last night the House of Lords voted to have a “meaningful” vote on the final Brexit deal secured by the Government, the pound tumbled.
Britain’s currency had already been falling against the dollar as the continued uncertainty over the triggering of Article 50 affects growth.
The House of Lords is adding to economic woes ahead of Brexit
The preparation to trigger Article 50 itself appears to have a negative impact on the local currency
Paresh Davdra, CEO and co-founder of RationalFX
Theresa May has just 23 days before a deadline looms that will give the European Parliament an opportunity to prevent the UK from leaving the European Union.
New rules which say 14 member states have to agree to Britain leaving will come into force on April 1.
Delays which push the triggering of Article 50 into April, such as the Lords intervention, could be disastrous for the economy as it will signal greater uncertainty.
The Queen could well oversee a change to the House of Lords in her reign
And as Donald Trump begins his economic recovery plan by investing in US jobs and promising deficit cuts, confidence in the pound is hitting lows as the dollar surges.
Paresh Davdra, CEO and co-founder of RationalFX, said the pound's low is directly linked to the unelected Lords.
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He said: "The pound slipped further to a seven-week low against the dollar yesterday ahead of the last debate in the Lords and the spring budget.
"As parliamentarians seek further say in the terms of negotiation – the preparation to trigger Article 50 itself appears to have a negative impact on the local currency.
The pound is being hit against the dollar because of the Government's handling of Brexit
"The effect of the Brexit pound squeezing household budgets is now visible in the growth figures as decrease in consumer spending, which was one of the key drivers for sustaining the growth, is now reflected in February economic data which notes a deceleration from previous months".
More than 117,000 people have signed a petition for the House of Lords to be completely reformed.
They are calling for the Lords to be replaced with an elected membership system as costs hit £100million every year.
In a petition to Parliament, tens of thousands of the British public have demanded the organisation should be completely reworked, claiming it is the second largest unelected political organisation in the world.
The largest political group is the communist China’s National People’s Congress with 2,987 members.
However, China has a population of 1.36 billion as opposed to the UK's population, which has ballooned from 61 million to 66 million in just 10 years.
Currently, there is room for 650 members who are eligible to take part in the work of the House of Lords – the majority of which are life peers.
But their intervention in the debate over Brexit and their deliberate stalling over the triggering of Article 50 has infuriated members of the public.
Theresa May has said the Government will tackle the issue but she has not placed urgency on the matter, a move which has the potential of causing ructions for the Conservative leader.
Former Ukip leader Nigel Farage recently slammed the Lords.
He said: “I hate the fact the House of Lords may well in principle done the right thing but I don’t like their meddling.
“Once this is all over, I think the House of Lords has to go.”
All the pictures from Brexit Bill Tuesday Tue, March 7, 2017
Theresa May is facing a second defeat on her Brexit bill Tuesday as the House of Lords votes on another change which would give parliament the final say on leaving the EU
AFP/Getty Images 1 of 20
Archbishop of Canterbury, Justin Welby, speaks in the House of Lords Chamber at the start of the third day of The European Union (Notification of Withdrawal) Bill
UKIP MEP Bill Etheridge said "The House of Lords has once again proved it is in it for itself and is not fit to have the power it currently holds.
"People with vested interests like EU pensions have made another decision to ignore the will of the British people and the consequences are not only legal but also have affected the economy.
"We have a budget today where the Chancellor is making a bad decision by bringing in tax rises despite statistical evidence showing they contract an economy and an upper chamber decreasing the value of Sterling and pushing prices up for households via more expensive import costs.
"The House of Lords is more like a retirement home for out of work failed politicians and party donors with those who were given peerages for their expertise and skill outnumbered. They have proved they do not have the respect for either the democratic wish of the electorate or any concern for the economy to be in that position.
"As a country we can thrive outside of the EU including cheaper food prices, better standards of living and fairer public services. What we should not have to put up with is fluctuating markets caused by the selfish acts of the ermine clad rich and privileged."