Ready. Aim. Fire! The notorious Article 50 of the Treaty of Lisbon (2007) was "triggered" by the United Kingdom last night when Prime Minister May signed off a historic letter to Donald Tusk, President of the European Council. This was delivered by hand by Sir Tim Barrow, our man in Brussels, at 12:20 BST this afternoon. What are the likely outcomes of the first phase of negotiations that will take at least two years (and probably longer) – and how will the markets respond early on?
This must be the most anticipated plea for divorce in history. Both sides have now had nine months to position themselves, marshal their armies of lawyers and mutter to friends and family about how awful the other is. And yet, there is so much uncertainty about what happens next.
by Zak Mir| Trading| 1 mins. to read There is not too much historical data to go by on the daily chart of Convatec (LON:CTEC), but enough for early bird chartists to make a decent call on a possible extended rally.
by Robert Stephens| Equities| 4 mins. to read As the UK finally invokes Article 50 to leave the EU, the outlook for housebuilders such as Barratt Developments (LON:BDEV) is incredibly uncertain.
by Jim Mellon | Economics | 1 mins. to read Another Master Investor done! A huge crowd, impressive companies, great speakers and an engaged audience. Well done Swen and team!
by Nick Sudbury | Funds | 5 mins. to read The £570m VinaCapital Vietnam Opportunity Fund (LON:VOF) has just announced a strong set of half-year results for the six months to the end of December.
by Evil Knievil | Evil Diaries | 1 mins. to read Analysis please: the Remainers have come up with this figure of £60bn as a lump sum to be paid to the EU before anything happens.
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