What will happen now timescale for article 50 has been revealed?

Press quote (The Guardian)
02 October 2016

Charles Grant of the Centre for European Reform likens it to a divorce settlement, "dividing up the properties, institutions and pension rights, and dealing with budget payments and ... the rights of UK citizens in the EU and vice versa".

...In any case, Grant has argued that there will almost inevitably have to be a third agreement, too: an interim arrangement to bridge the gap between Britain leaving the EU and the entry into force of the trade deal.