Brexit Talks Fray, Increasing Chances of Chaotic U.K.-EU Split
- EU threatens legal action if U.K. pushes internal market bill
- Barnier says U.K. not engaging on fundamental EU principles
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The U.K. and the European Union are heading for a chaotic split without a new trade deal as talks between the two sides frayed.
During crisis meetings Thursday, Prime Minister Boris Johnson’s government rebuffed an EU request to scrap his plan to re-write the Brexit divorce accord even after the bloc gave him a three-week ultimatum to do so and threatened legal action. The dispute risks jeopardizing already faltering efforts to secure a trade deal between the two sides by Dec. 31. The pound fell.