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Pessimism Returns to Brexit Talks as Hopes for Deal Slip Away

  • U.K. submits draft treaty document in bid to make breakthrough
  • Frost and Barnier to conclude round Friday with scant progress
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WATCH: U.K. and EU officials fear a Brexit deal is at risk of slipping away.(Source: Bloomberg)
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U.K. and European Union officials fear a Brexit deal is at risk of slipping through their fingers after a British attempt this week to reboot the deadlocked discussions faltered.

U.K. negotiators submitted a draft Free Trade Agreement based on where they believe there is common ground with the EU, said people familiar with the negotiations who asked not to be identified because the discussions are private. So far, the effort to break the stalemate hasn’t led to a breakthrough.