Money, that great lubricant of deal-making, now looks set to delay the start of talks on a post-Brexit partnership with the EU. This was the conclusion from the latest round of Brexit negotiations. At Thursday’s press conference in Brussels after the latest round of Brexit talks, Michel Barnier, the EU’s chief negotiator, and David Davis, the Brexit secretary, agreed on only one issue. For businesses all over Europe the delay in clarity over the new partnership increases the chances that investment will be deferred. Expensive contingency plans are being put into action at a time when UK and EU businesses…

Source: The Times September 01, 2017 23:03 UTC