Michel Barnier Doubles Down on Brexit

EU chief negotiator rules out special deal for U.K. banks
Key ministers support gradual move away from EU regulation

"The EU has been very clear about what’s on offer," says political commentator Nina Schick.Source: Bloomberg

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By Robert Hutton and Svenja O'Donnell

December 18, 2017 at 7:38 PM UTC

Updated on

December 19, 2017 at 8:00 AM UTC

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European Union Chief Negotiator Michel Barnier dug in and stressed a hardline trade position just as U.K. Prime Minister Theresa May’s key ministers were starting to unite behind a Brexit policy that may soothe rifts in her Cabinet.