One of Bank of America Merrill Lynch's top London executives today warned the UK government against rushing through its Brexit negotiations, saying: "You don't move nuclear waste in a race."

Alex Wilmot-Sitwell, the US bank's president for Europe, the Middle East and Africa, on September 14 said that a two-year window from the triggering of Article 50 to the point of completing negotiations and implementing the outcome is "simply not long enough".