• EU sources: "We are getting closer and closer to deal" despite no-deal rhetoric - Reuters reports

Market news

6 October 2020

EU sources: "We are getting closer and closer to deal" despite no-deal rhetoric - Reuters reports

  • Latest round of Brexit talks "one of most positive" so far 
  • "Big progress" was made on issues including social security
  • EU sees nine of 10 UK proposals on social security coordination as acceptable
  • Family benefits and health surcharge are main sticking points on social security coordination
  • "We are getting closer and closer to deal" despite no deal rhetoric, final decision will be in UK PM Johnson's hands
  • Level playing field, fisheries and government remain biggest hurdles
  • EU-UK trade talks deadline of end-October could slip as far as mid-November

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