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U.K. Expects Deal With EU on Brexit Transition Period Next Week

  • Brexit Secretary Davis tells Parliament deal ‘within reach’
  • Davis to meet EU counterpart Barnier in Brussels on Monday
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Brexit and the OBR

Brexit Secretary David Davis predicted a deal on a transition period when Britain leaves the European Union will be finalized next week, as he prepares to meet his counterpart Michel Barnier in Brussels on Monday.

Davis reinforced the sense of optimism in the government that negotiations have progressed smoothly in recent days, with talks between U.K. and EU officials scheduled to continue over the weekend. Businesses say it’s crucial to get a transition deal done now to give them time to plan, and avoid having to move jobs and investment elsewhere.