UK markets closed
  • FTSE 100

    5,577.27
    -4.48 (-0.08%)
     
  • FTSE 250

    17,214.38
    +36.70 (+0.21%)
     
  • AIM

    948.60
    -0.70 (-0.07%)
     
  • GBP/EUR

    1.1115
    +0.0051 (+0.46%)
     
  • GBP/USD

    1.2951
    +0.0028 (+0.22%)
     
  • BTC-GBP

    10,496.23
    +42.58 (+0.41%)
     
  • CMC Crypto 200

    265.42
    +1.78 (+0.68%)
     
  • S&P 500

    3,269.96
    -40.15 (-1.21%)
     
  • DOW

    26,501.60
    -157.51 (-0.59%)
     
  • CRUDE OIL

    35.72
    -0.45 (-1.24%)
     
  • GOLD FUTURES

    1,878.80
    +10.80 (+0.58%)
     
  • NIKKEI 225

    22,977.13
    -354.81 (-1.52%)
     
  • HANG SENG

    24,107.42
    -479.18 (-1.95%)
     
  • DAX

    11,556.48
    -41.59 (-0.36%)
     
  • CAC 40

    4,594.24
    +24.57 (+0.54%)
     

Germany says Brexit talks in 'critical' stage

·1-min read
FILE PHOTO: News conference after the General Affairs Council at the European Council Headquarters in Brussels
FILE PHOTO: News conference after the General Affairs Council at the European Council Headquarters in Brussels

BRUSSELS (Reuters) - Trade talks between the European Union and the United Kingdom are at a "critical" stage, a German minister said on Tuesday, demanding "substantive" moves from London on key sticking points: fisheries, dispute settling and fair competition guarantees.

German EU affairs minister, Michael Roth, said the EU was working hard for a deal both sides could accept but that it was also ready for the most damaging split, without an accord to keep on trading without tariffs or quotas from 2021.

"We are at a very critical stage in the negotiations and we are extremely under pressure. Time is running out," Roth said on arriving for talks with his EU peers on Brexit.

"That's why we expect substantial progress by our friends in the United Kingdom in key areas in particular on governance, level playing field and fisheries."

(Reporting by Gabriela Baczynska, Marine Strauss; Editing by Catherine Evans)