EU Warns of Brexit Chaos Risk as Transition Talks Stumble
- Barnier: transition deal needed by business ‘isn’t a given’
- Pound declines as Brexit tensions becoming prominent again
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Brexit negotiations broke up in acrimony on Friday when the European Union’s chief negotiator raised the prospect of the U.K. crashing out of the bloc next year into a legal limbo. Michel Barnier’s comments provoked an angry reaction in London, and the pound fell.