Brexit deal LIVE: David Davis and Michel Barnier prepare update on UK-EU negotiations

12 Oct

11:10am:

Ahead of the conference, Liam Fox has been speaking to the Commons about “positive” developments in future trade deals.

He said that a number of transitional trade deals between Britain and members of the Brussels bloc could kick in for a two-year transitional period after Brexit D-Day in March 2019.

And he says the government is working to confirm as many trade deals as possible over the next two years, provided other governments are willing to cooperate.

Mr Fox also said there was “no difference” between him and Chancellor Philip Hammond over paying out in case of no deal with Brussels.

10:55am:

The press conference to get underway in around 20 minutes.

It is unclear how much of an update the two men will be able to provide as there are reports that negotiations are still stuck.

One official told the Financial Times today that talks had reached a standstill with “no progress” at all. 

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