Nobody said Brexit would be easy but the process has got off to a particularly rocky start. The stark divide between the UK and the EU was on show in a leaked account of a private dinner meeting between UK prime minister Theresa May and European Commission president Jean-Claude Juncker. The report described the private meeting as a “disaster” and threatens to do real damage to the negotiations.
Mrs May has dismissed the account as “Brussels gossip” and accused the commission of seeking to “punish” the UK over Brexit. But analysts say the report makes damning reading, with David Allen Green writing that the “disturbing conclusion is not that the UK and EU disagree but that the relevant UK ministers do not (yet) know what they are doing”
Adding to the tension is the news that Brussels is rushing out legislative proposals that would heavily restrict London’s ability to host its lucrative euro-clearing market, one of the UK's flagship financial businesses