UK remains a long way from Brexit deal Downing Street source

Monday, 14 October 2019 00:00 - - {{hitsCtrl.values.hits}}

LONDON (Reuters): Britain remains a long way from agreeing a final Brexit deal and the next few days will be critical if it is to agree departure terms with the European Union, a Downing Street source said on Saturday. Negotiators for Britain and the EU have entered intense talks over the weekend to see if they can break the Brexit impasse before a crucial summit next week and a deadline for Britain to leave the bloc on 31 October.

News of progress in the talks sent financial markets surging on Friday after Johnson and his Irish counterpart Leo Varadkar identified a pathway to a deal following months of acrimony. But on Saturday the deputy leader of the Northern Irish party which holds a key role in the talks signaled his concern about the mooted proposal and the Downing Street source said Britain remained ready to leave without a deal if needed. “We’ve always wanted a deal,” the person said, on condition of anonymity. “It is good to see progress, but we will wait to see if this is a genuine breakthrough.