Cable Slides As Chances Of Brexit Breakthrough "Receding"

Cable Slides As Chances Of Brexit Breakthrough "Receding" Tyler Durden Thu, 12/03/2020 - 14:01 We're less than 30 days away from Britain crashing out of the EU come the New Year, and talks between London and Brussels are not going well. In the latest update, BBC editor and Brexit authority Laura Kuenssberg tweeted that she was hearing talks were going worse than expected. Sounds like Brexit talks have gone worse this afternoon... A senior govt source says ‘at the eleventh hour, the EU is bringing new elements into the negotiation. A breakthrough is still possible in the next few days but that prospect is receding.’ — Laura Kuenssberg (@bbclaurak) December 3, 2020 Minutes later, headlines hit declaring that chances of a Brexit breakthrough are "receding". * U.K. OFFICIAL SAYS CHANCES OF BREXIT BREAKTHROUGH RECEDING * U.K. OFFICIAL SAYS EU IS MAKING LAST-MINUTE DEMANDS IN TALKS Though a break through is of course still possible. * U.K. OFFICIAL SAYS BREAKTHROUGH STILL POSSIBLE IN NEXT FEW DAYS The news sparked a modest slide in cable.   Boris Johnson's top negotiator Lord David Frost struck a deal with the EU's Michel Barnier that talks would be extended for two weeks amid assurances that the EU was ready to seriously talk about the major stumbling blocks, including the infuriating rift over fisheries access. The lifespan of that extension is almost up. But then again, it's not like we didn't expect these talks to go down to the wire.
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