• UK PM Johnson's spokesman: We do think deal is still possible but we need to see more realism from EU

Market news

8 September 2020

UK PM Johnson's spokesman: We do think deal is still possible but we need to see more realism from EU

  • We need to agree on mechanism to resolve any future disputes with EU
  • Cabinet was told that government is working closely with business to get ready for Britain leaving EU's customs union and single market on December 31st
  • UK is fully committed to implementing Withdrawal Agreement and Northern Ireland protocol
  • Government cannot allow damaging situation to arise if UK and EU do not agree on details of Withdrawal Agreement and Northern Ireland protocol
  • We must ensure that principle of Northern Ireland being  part of UK's customs territory is not compromised
  • UK is not going to become high-subsidy regime at end of transition; will set out more on state aid regime in due course

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