Market comment - Brexit talks in deadlock

Davy Research
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Following the fifth round of negotiations in Brussels yesterday (October 12th), EU chief negotiator Michel Barnier said that there was “deadlock” in agreeing the UK’s exit bill. This means that Barnier will not recommend moving to trade talks at the European Council next week. With just 532 days until Brexit, the timeline slippage highlights the complexity of the talks, with no agreement even in areas of broadly common ground such as citizens’ rights.