Theresa May has signed the letter that will formally begin the UK's departure from the European Union. Giving official notice under Article 50 of the Lisbon Treaty, it will be delivered to European Council president Donald Tusk later. The first step has legally been accomplished, however, Article 50 gives both sides two years to reach agreement, so unless both sides agree to extend the deadline, the UK will leave on 29 March 2019. As a result of Brexit, the UK will withdraw from the single market, which means in turn, the UK will start a new negotiation stage for the purposes to sign a trade agreement with the EU. From the legal point of me, the UK should prepare a Brexit bill, which shall detail the obligations of the UK to leave the EU. Also, the UK will leave the jurisdiction of the Court of Justice of the European Union. Therefore, mostly, trade disputes should be set up under a different mechanism which is still subject to discussions. Apparently...