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UK businesses plea for EU deal as talks stall
UK facing final deadline for Brexit deal
FOX Business’ Ashley Webster on the U.K. starting to distribute the coronavirus vaccine and facing the final deadline for the Brexit deal.
British trucking firms, supermarkets and other businesses on Friday implored the government to strike a last-minute trade deal with the European Union, as the two sides’ leaders told their citizens to brace for New Year upheaval in the U.K.-EU trading relationship.
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British Prime Minister Boris Johnson has said there is a “strong possibility” that negotiations on a new economic relationship to take effect Jan. 1 will fail. Johnson and European Commission President Ursula von der Leyen have set a Sunday deadline to decide whether to keep talking or prepare for a no-deal break.
CRUNCH UK-EU TALKS ON POST-BREXIT TIES TO RESUME SUNDAY
“We have not yet found the solutions to bridge our differences,” von der Leyen said Friday at an EU summit in Brussels. “We will decide on Sunday whether we have the conditions for an agreement or not.”
Either way, she said, “in less than three weeks, it will be new beginnings for old friends.”
Britain left the EU on Jan. 31 but has continued to follow the bloc’s rules during a transition period that lasts until the end of the year. Months of talks on a future trade deal have failed to bridge the gaps on three issues — fishing rights, fair-competition rules and the governance of future disputes.