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What happens once Theresa May triggers Article 50?

Despite peers voting against the government last night, May's March deadline will be stuck to. Once she does press the button, politics will matter more than economics

By Henry Newman  

©PA/PA Wire/PA Images

The government has committed to triggering Article 50, formally starting Brexit, by the end of this month. This means that Britain will be outside the European Union by spring 2019, unless both sides agree to extend negotiations or to introduce some sort of phased withdrawal. Last night’s defeat for the Government in the House of Lords won’t affect this timetable: either there will be a concession to address the…

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