Post-Brexit trade talks to continue

Written by David Fletcher 12 Nov 2020
Post-Brexit trade talks to continue

Negotiations for a post-Brexit trade deal between the UK and EU are expected to continue next week as the deadline draws nearer. The two sides resumed talks in London this week, with a UK government source saying they were in the ‘final stage’. But big gaps still remain, and the UK described the EU’s position on fishing access as ‘wholly unrealistic’. Boris Johnson is prepared to move forward without a deal. If nothing is agreed, the UK will trade with the bloc on World Trade Organisation rules - leading to tariffs on many imports and exports, which could push up costs for businesses and consumers. Both sides say they want to avoid this outcome, but the EU will not do a deal ‘at any price’. Mr Johnson said the UK will prosper either way.

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