The European Union told Britain on Friday it was time to decide what kind of future relationship it wanted as EU officials suggested negotiators could strike a post-Brexit trade deal as early as the weekend.
It is known throughout the world as a byword for security. But the Bank of England (BoE) is evidently a tad unclear on the whereabouts of £50b of banknotes, and it doesn’t seem to be overly concerned about it, a powerful group of MPs has said.
Germany, France and Britain urged the administration of US President Donald Trump in late October to reconsider broad, new sanctions against Iran’s banks, arguing that the move would deter humanitarian trade and hurt the allies’ common interests, Reuters reported citing diplomatic correspondence.
The European Union and Britain said on Friday there were still substantial differences over a Brexit trade deal ahead of the EU chief negotiator’s travel to London in a last-ditch attempt to avoid a tumultuous finale to the five-year Brexit crisis.
The government has privately admitted the UK faces an increased likelihood of “systemic economic crisis” as it completes its exit from the European Union in the middle of a second wave of the coronavirus pandemic.