Goalposts shift for Brexit deal but transition could extend

Brexit negotiations may be behind schedule, but the UK government insists the deal is 95% done and keeps options open for a longer transition period.

It is no secret, however, that negotiations are behind schedule. As things stand, no final agreement has been reached, with EU chief Brexit negotiator, Michel Barnier, stating both sides need “much more time”.

Having published ‘no-deal’ contingency advice for businesses, the UK government has now set a mid-November date for its own no-deal preparations, while stressing that such an outcome “remains unlikely”.

So what happens next?