Skip to content
Tuesday 11 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,844.19
-0.17%
DAX
26,391.42
+0.26%
CAC 40
8,714.94
-0.13%
STOXX 50
6,551.22
+0.24%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 08 April 2019 4:49 pm  |  Updated:  Monday 03 June 2019 1:45 am

EU would move ‘extremely quickly’ to agree a post-Brexit customs union, says Michel Barnier

The EU will move quickly to back a post-Brexit customs union with the UK if Theresa May shifts her red lines, Brussels chief negotiator has claimed.

Speaking in Dublin, Michel Barnier said he hoped the cross-party talks taking place in London would produce a “positive outcome” with the prospect of a no deal Brexit now just days away.

The Conservatives and Labour are locked in discussions around finding deal both parties could back, with the opposition pushing for the UK to enter a customs union with the EU once it had left the bloc.

Theresa May has long said the UK being in control of its trade policy – something ruled out in a customs union – was one of the prizes on offer from Brexit.

On Monday morning, her official deputy spokesperson repeated that view, but said the Prime Minister acknowledges there needs to be compromise in order to leave the EU with a deal.

Speaking on Monday afternoon, Barnier said: “I have said many times before that we can be much more ambitious in our future relationship with the UK.

“The political declaration provides for a range of outcomes including a customs union.

“We are ready to make this clearer if it helps and this work can be done extremely quickly.”

Barnier reiterated the EU’s position that the Irish backstop protocol contained in the withdrawal agreement is the only way to ensure a hard border does not return on the Ireland in the absence of a trade deal after Brexit.

He added: “If the UK were to leave the EU without a deal, let me be very clear, we will not discuss anything with the UK until there is an agreement for Ireland and Northern Ireland as well for citizens’ rights and financial settlement."

Appearing alongside him, Irish Taoiseach Leo Varadkar said the talks between the Conservative and Labour could be enough in themselves to warrant a further delay to Brexit.

“From Ireland’s perspective, we’re open to extending the deadline to allow time for these discussions to run their course and come to a conclusion,” he said.

May will on Tuesday travel to Berlin and Paris to hold talks ahead of an EU summit on Wednesday where it will be decided if the Brexit negotating period should once again be delayed.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • Brexit
  • People
  • Theresa May

Trending Articles

  • Five-star Mayfair hotel hit with HMRC winding-up petition

  • Nottingham Forest owner Marinakis sues Crystal Palace for defamation

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Hargreaves Lansdown orders staff back to office

  • As it happened: Intel, Arm shares slide; Oil climbs higher

More from Morning Wire

  • Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum 

    Opinion
    UK-EU Brexit negotiations meeting with officials discussing trade agreements and policy impacts in a formal conference room
  • Tale of two cities: London leaps ahead in global finance but domestic growth stalls

    Economics
    Getty Images number 2154617464 depicts a relevant scene for the articles unidentified content, suitable for business context.
  • Saracens and Harlequins embracing athletics and hockey smart move for rugby

    Sport Business
    Teams and flags on a blue hockey pitch before a match, with a stadium full of spectators.
  • Brentford FC stadium to host rugby union franchise sevens finals

    Sport Business
    GettyImages 2244438763 depicts a significant business event highlighting key industry leaders in a networking session.
  • TfL greenlights Wayve’s autonomous vehicles in the City

    Tech
    Wayve autonomous vehicle navigating a busy London street with iconic cityscape in the background
  • UK inks trade deal with Switzerland – despite shouting match

    Politics
    UK and Switzerland officials signing a trade deal, highlighting international services agreement and bilateral cooperation
  • SailGP, rugby and PJL: Inside the new £50m budget sporting asset class

    Sport Business
    Getty Images logo on a digital screen, representing media and stock photography in a business news context
  • The Yahoo Boys: The men behind online romance scams

    Life&Style
    Group of young men using laptops and smartphones in a dimly lit room, representing online scam activities in Nigeria
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook