Hopes of a Deal Fading, Barnier Says: Brexit Bulletin

Photographs: BloombergPhotographer: Bloomberg/Bloomberg

What’s Happening? Brexit talks resumed this week after a summer break, but we’re no closer to a deal.

The warning came from the European Union’s chief negotiator, Michel Barnier: Britain and the EU may not be able to reach an agreement on their post-Brexit trading relationship by Dec. 31, when the U.K.’s current transitional arrangements expire. Barnier’s words are a sign of how frustrated officials are at the lack of progress they have made in five months of on-off negotiations.