Section 50 and negotiations with the EU - delay is key.
Given that Brexit is now certain the UK has a challenging negotiation. It was to be expected that the UK would not immediately give notice to the EU under Article 50. What the UK needs to do ideally is to negotiate the settlement in substance before giving notice. Time and delay is in the UK's interest as is obvious from the comments by the EU Commission. The challenges to negotiate is how much the UK has to pay to the EU for access to the Single Market and what the continuing rules on freedom of movement will be.
If the UK were to cease being a member of the EU without some solutions to many of the major issues then it would cause considerable economic disruption (beyond what is in the financial markets). On the other hand this would not really impact the EU that much. Hence the UK needs to avoid being forced into the corner and delaying on giving notice is the only solution for this.
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