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London finance chief upbeat after Brexit trigger

The outlook for London's financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad.

Mark Boleat, who spoke on Thursday to AFP after British Prime Minister Theresa May activated the process for Britain's EU exit, nevertheless urged speedy trade talks to minimize disruption.

Nigel Farage jeered in European Parliament after accusing EU of ‘behaving like the mafia’ over Brexit (VIDEO)

Nigel Farage has been jeered in the European Parliament after accusing the EU of behaving like the mafia by holding Britain to ransom with “vindictive” demands in the Brexit negotiations.

“You’re behaving like the mafia – you think we’re a hostage. We’re free to go!” the former Ukip leader said in Strasbourg.

The three ladies of Europe

The leaders of the European Union came together last Saturday on the Capitoline Hill to celebrate the 60th anniversary of the Treaty of Rome in what was a symbolic display of unity at a time that can only be described as complicated.

BREXIT begins: "This is historic moment from which there can be no turning back"

British Prime Minister Theresa May has formally begun the process of the UK leaving the European Union, by sending a letter of intent to European Council President Donald Tusk, triggering Article 50 of the Treaty of Lisbon and paving the way for the biggest political upheaval in the EU's history.

UK to formally trigger Brexit on March 29

Britain said March 20 that it will trigger its exit from the European Union on March 29, nine months after the country voted to leave the European Union.

Triggering Article 50 of the EU's Lisbon Treaty, the formal procedure for leaving the bloc, will open a two-year timetable for difficult negotiations, meaning Britain could be out of the EU by 2019.

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