Brexit talks at ‘dis­turb­ing’ im­passe with no progress on fi­nan­cial deal

The Scotsman - - News Digest - By PARIS GOURTSOYANNIS

Brexit talks are hang­ing in the bal­ance af­ter the EU’S chief ne­go­tia­tor said dis­cus­sions had reached an “im­passe” over the fail­ure to agree the UK’S “di­vorce bill”.

Michel Barnier said the lack of progress in the fifth round of ne­go­ti­a­tions in Brus­sels was “dis­turb­ing” and said talks on the UK’S fu­ture trad­ing terms with the EU would not start be­fore De­cem­ber at the ear­li­est.

Ma­jor em­ploy­ers in­clud­ing Scot­tish fi­nan­cial firms have warned they will be forced to be­gin shift­ing op­er­a­tions 0 David Davis: UK and EU ‘must talk about the fu­ture’ over­seas if de­tails of the UK’S post-brexit re­la­tion­ship do not emerge by the end of the year.

Speak­ing along­side Brexit Sec­re­tary David Davis, Mr Barnier re­vealed that the UK’S fi­nan­cial set­tle­ment hadn’t been dis­cussed at all this week, de­spite hopes that Prime Min­is­ter Theresa May’s of­fer of £20 bil­lion in her speech in Florence would lead to a break­through. Mr Davis said the UK and EU “must talk about the fu­ture” and called on EU mem­ber states to give his op­po­site num­ber greater flex­i­bil­ity to dis­cuss trade and a post­brexit tran­si­tion.

Labour called on Mr Davis to seek an ad­di­tional round of emer­gency talks to try to make progress be­fore next week’s Euro­pean Coun­cil sum­mit.

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