NewsWorldBrexit tunnel appears to have failed, Times Radio says

Brexit tunnel appears to have failed, Times Radio says

An attempt to put Brexit talks in a so-called tunnel, where both sides privately hammer out the final details without commenting publicly, appears to have failed, the chief political commentator of Times Radio said on Wednesday.

Earlier, the European Union’s Brexit negotiator said a deal was hanging in the balance and this prompted the pound to dip below $1.34.

Sterling fell more than 0.4% to $1.3369 and against the euro it hit Nov. 9 lows of 90.40 pence.

The EU’s Brexit negotiator had told the 27 national envoys to Brussels on Wednesday that differences in UK trade talks persisted.

(Reuters)

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