Officials Say Too Soon to Talk of Progress in Brexit Talks

  • Work continues, with decision Friday over whether deal close
  • Fishing access and state aid still the biggest sticking points

Photographer: John Thys/AFP via Getty Images

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U.K. and European Union negotiators are still locked in talks in Brussels, with no decision yet on whether they will be able to make progress toward a trade deal, three people familiar with the discussions said. The pound dropped.

Reports that the two sides are ready to enter the final stage of negotiations, the so-called tunnel, are too optimistic at this point, the people said. Differences remain on the two key issues that have plagued negotiations since the start: the U.K.’s state-aid policy and what access EU boats will have to British waters after Brexit, the officials said.