Advertisement
UK markets close in 6 hours 23 minutes
  • FTSE 100

    8,109.40
    +30.54 (+0.38%)
     
  • FTSE 250

    19,815.34
    +213.36 (+1.09%)
     
  • AIM

    755.90
    +2.78 (+0.37%)
     
  • GBP/EUR

    1.1658
    +0.0002 (+0.01%)
     
  • GBP/USD

    1.2525
    +0.0014 (+0.11%)
     
  • Bitcoin GBP

    51,419.55
    +318.22 (+0.62%)
     
  • CMC Crypto 200

    1,388.89
    -7.64 (-0.55%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    83.68
    +0.11 (+0.13%)
     
  • GOLD FUTURES

    2,359.40
    +16.90 (+0.72%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,055.41
    +138.13 (+0.77%)
     
  • CAC 40

    8,045.92
    +29.27 (+0.37%)
     

No deal Brexit not appealing, but not excluded - EU's Dombrovskis

FILE PHOTO: EU finance and economy ministers hold informal meeting in Berlin

BERLIN (Reuters) - The European Union and Britain need to accelerate talks on a future trade deal since it was impossible to rule out there being insufficient progress in the talks, leading to a no-deal outcome, European Commission Vice President Valdis Dombrovskis said on Monday.

"There are many outstanding issues. Progress on a number of key EU asks so far is not sufficient. So we would need to intensify negotiations substantially if we are to reach a successful outcome," Dombrovskis told a news conference after a meeting of trade ministers in Berlin.

"The alternative of a no-deal Brexit is not appealing, but we cannot exclude it."

(Reporting by Michael Nienaber and Philip Blenkinsop, editing by Thomas Escritt)