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European Union says Brexit talks 'deadlocked' but progress possible
12 October 2017, 08:58 | Cesar Cruz
GETTYTheresa May is urging the EU negotiating team to get on with
"There has actually been good progress made in these talks, and Michel Barnier himself has recognised that over the coming weeks we will be able to make constructive progress as well", May told reporters, adding that good progress was being made on the issue of citizens' rights.
"We've reached a state of deadlock which is very disturbing for thousands of project promoters and taxpayers", he said, referring to the projects that depend on European Union funding and the taxpayers who foot the bill for that budget.
The leaders meet in Brussels on October 19-20, and with time short to seal a deal it had been hoped they would agree to widen the talks.
Barnier said that there was "deadlock" on the issue of the scale of Britain's financial settlement and that there had been no negotiations on the issue this week.
He said uncertainty about Brexit is weighing on the economy, and "we need to remove it as soon as possible by making progress" in talks with Brussels.
But Britain says these issues are closely intertwined with their future relations like trade and must be discussed together. Clearly we'd like them to give Michel the means to broaden the negotiations, it's up to them whether they do it. It's up to them whether they do it. The agreement we are working on will not be built on concessions.
Britain must leave the European Union on March 29, 2019, but the negotiations must be completed within about a year to leave time for European Union states' national parliaments to ratify the Brexit agreement.
He said the interpretation of rights must be "genuinely consistent" between the United Kingdom and the EU after Britain quits and suggested they must be applied through the European Court of Justice. The pound traded down by as much as 0.6 percent against the euro after Barnier spoke.
However, that commitment has not yet been spelled out by United Kingdom negotiators.
'There have therefore been no negotiations on this subject. But, Barnier warned, "no deal would be a very bad deal". The British government is under pressure from euroskeptic lawmakers to increase planning for a "no deal" Brexit, in which the United Kingdom leaves the bloc without a trade agreement.
Earlier Lawson, who served as finance minister between 1983 and 1989, said Hammond may be inadvertently undermining the government's Brexit plans and should be removed from office. "With David Davis, we will organise several negotiating meetings between now and the end of the year".
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