Skip to content
Saturday 15 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 06 November 2018 1:03 pm  |  Updated:  Monday 03 June 2019 3:25 am

Trade minister Liam Fox says it is ‘impossible’ to say whether a Brexit deal will be achieved this month or next

International trade minister Liam Fox has admitted that it is impossible to say whether a Brexit deal can be reached with the European Union in the next two months, as negotiations continued to stall over the Irish backstop.

Asked by Reuters whether a Brexit deal will be struck this month Fox said: “That’s impossible for me to say.”

“The quicker we get agreement the better, but in the end it is more important to get the right agreement than the quickest agreement,” he added during a trade mission in China.

EU and British negotiators have been unable to agree a deal for the Irish backstop, which is intended to ensure there is no hard border on the island of Ireland. 

Yesterday it emerged that Brexit secretary Dominic Raab had demanded a three-month time limit on the backstop, at which point Britain could choose to end it.

However, Ireland’s Taoiseach, Leo Varadkar, ruled out giving Britain the right to unilaterally kill the backstop on a call with May.

Northern Ireland's Democratic Unionist Party (DUP), which props up Theresa May’s government, has said the prime minister is “heading for a no deal” Brexit.

DUP chief whip Jeffrey Donaldson tweeted this morning: “Looks like we’re heading for no deal.

“Such an outcome will have serious consequences for economy of Irish Republic.

“In addition, UK won’t have to pay a penny more to EU, which means big increase for Dublin. Can’t understand why Irish Government seems so intent on this course.”

EU chief Brexit negotiator Michel Barnier said that the two parties were no closer to sealing a deal for the Irish border.

“For now, we are still negotiating and I am not, as I am speaking to you this morning, able to tell you that we are close to reaching an agreement, since there is still a real point of divergence on the way of guaranteeing peace in Ireland, that there are no borders in Ireland, while protecting the integrity of the single market,” Barnier told Belgian broadcaster RTBF.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • Brexit
  • People
  • Theresa May

Trending Articles

  • Revolut takes flight with launch of new airport lounges

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

More from Morning Wire

  • 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
  • Mark Kleinman: English football’s New Deal heads into injury time

    Business
    Mark Kleinman is Sky News' City Editor and writes a column for 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
  • As it happened: Stocks drop on Trump-Iran warning; Mahmood tipped to be chancellor

    Markets
    Donald Trump speaking at a press conference podium with an American flag backdrop, emphasizing political discourse
  • Burnham set for crunch decision on JP Morgan’s £10bn tower

    Banking
    Breaking news update with relevant statistics and graphs displayed on a digital screen, highlighting recent data trends.
  • Thames Water in the dark as Burnham mulls embattled utility’s future

    Politics
    Thames Water creditors have made a last-ditch offer for a rescue deal.
  • The GCC’s AI strategy: Inside the region’s $150bn race

    Partner
    Crowd of diverse attendees at GITEX GLOBAL DUBAI tech exhibition, with GITEX signage visible.
  • Miliband refused to meet motor trade body to discuss zero emissions mandate

    Transport & Infrastructure
    Ed Miliband speaking at a podium during a press conference, addressing energy policy reforms and climate change initiatives.
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