Skip to content 
Search

Latest Stories

Brexit gets a 'Sunday ultimatum' to save talks

BRITISH prime minister Boris Johnson and European Commission president Ursula von der Leyen gave themselves until Sunday(13) to decide on the future of post-Brexit negotiations, after a three-hour dinner left the two sides "far apart".

Johnson came to Brussels on Wednesday(9) in a last gasp effort to salvage trade talks that are teetering towards failure and the two leaders agreed that their negotiators should attempt one last push to bridge the divide.


"We had a lively and interesting discussion on the state of play across the list of outstanding issues," Von der Leyen said in a statement after the dinner at her Brussels' headquarters.

"We gained a clear understanding of each other's positions. They remain far apart," she added.

A senior UK source said the talks were "frank" and that it remained unclear whether the "very large gaps" between the two sides can be bridged.

The leaders agreed to further discussions by their negotiating teams "over the next few days" and that a "firm decision" should be taken by Sunday, the UK source said.

EU negotiator Michel Barnier and his UK counterpart David Frost have narrowed the gaps over eight months but London insists it will reclaim full sovereignty at the end of the year after half-a-century of close economic integration.

European sources said the two men and their teams would return to the talks on Thursday(10) morning, just ahead of a summit of the EU's national leaders that will once again be clouded by doubts over cross-Channel ties.

The prime minister had jetted over to the city where he made his name as an EU-bashing newspaper reporter and met Von der Leyen in the Berlaymont, headquarters of the EU Commission.

After posing for press pictures, they headed in for a meeting that was treated as the almost-final chance of a breakthrough before Britain leaves the EU single market at the end of the year.

Though prospects for a breakthrough were slight, Johnson "does not want to leave any route to a possible deal untested," the source said, after the two ate a dinner of scallops and steamed turbot, two of the seafood varieties that European boats fish for in British waters.

Talks are mainly blocked over the issue of fair competition, with Britain refusing to accept a mechanism that would allow the EU to respond swiftly if UK and EU business rules diverge over time and put European firms at a disadvantage.

Fishing is another sore issue, with Europe eager to keep as much access as possible to the UK's bountiful waters.

"A good deal is still there to be done," Johnson had told the UK parliament before setting off for Brussels, while insisting Britain would "prosper mightily" with or without agreement.

In Berlin, Germany's chancellor Angela Merkel said there was still a chance for a deal. Merkel and the other EU leaders, including a sceptical French president Emmanuel Macron, are to meet in Brussels on Thursday for their planned EU summit, but Johnson was not invited.

Von der Leyen will update the member state leaders on her talks with the British premier and offer a clear indication of where she believes the talks are headed, diplomats said.

More For You

Bangladesh seeks US deal to shield garment industry from tariffs

Workers are engaged at their sewing stations in a garment factory in Savar, on the outskirts of Dhaka, on April 9, 2025. (Photo by MUNIR UZ ZAMAN/AFP via Getty Images)

Bangladesh seeks US deal to shield garment industry from tariffs

BANGLADESH, the world's second-biggest garment manufacturer, aims to strike a trade deal with the US before Donald Trump's punishing tariffs kick in next week, said the country's top commerce official.

Dhaka is proposing to buy Boeing planes and boost imports of US wheat, cotton and oil in a bid to reduce the trade deficit, which Trump used as the reason for imposing painful levies in his "Liberation Day" announcement.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Bond yields ease following Starmer’s support for Reeves

THE COST of UK government borrowing fell on Thursday, partially reversing the rise seen after Chancellor Rachel Reeves became emotional during Prime Minister’s Questions.

The yield on 10-year government bonds dropped to 4.55 per cent, down from 4.61 per cent the previous day. The pound also recovered slightly to $1.3668 (around £1.00), though it did not regain all its earlier losses.

Keep ReadingShow less
modi-trump-getty
Modi shakes hands with Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Indian exporters watch closely as Trump says trade deal with India likely

THE US could reach a trade deal with India that would help American companies compete more easily in the Indian market and reduce tariff rates, President Donald Trump said on Tuesday. However, he cast doubt on a similar deal with Japan.

Speaking to reporters on Air Force One, Trump said he believed India was ready to lower trade barriers, potentially paving the way for an agreement that would avoid the 26 per cent tariff rate he had announced on April 2 and paused until July 9.

Keep ReadingShow less
Kolhapuri sandal sales surge in India post Prada controversy

Customers shop for 'Kolhapuri' sandals, an Indian ethnic footwear, at a store in New Delhi, India, June 27, 2025. REUTERS/Adnan Abidi

Kolhapuri sandal sales surge in India post Prada controversy

INDIAN footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft.

Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's origins.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less