London (CNN) The United Kingdom and the European Union are closing in on a post-Brexit trade agreement after months of fraught negotiations, sources told CNN. A deal is expected to be announced on Christmas Eve, a UK government source and a European diplomatic source told CNN. News of a potential deal was also reported by the UK's PA Media news agency. 10 Downing Street told CNN that the UK cabinet was briefed on negotiations in a late-night call Wednesday. Following that briefing, the source told CNN: "Expecting talks over the legal text to last into the early hours."

Source: CNN December 24, 2020 03:44 UTC