Brussels shows no interest in finding “long-term solutions” to Brexit and could ignore the interests of European Union business, a leaked memo to financial leaders has warned.
There is just a “one per cent” chance of the EU agreeing to start discussing a trade deal in October as the UK wants, according to a source quoted in the note.
There is also no appetite for creating a “bespoke” transition deal that will allow Britain to retain the benefits of EU membership for years after formally leaving, it is warned.
The “sobering” analysis is contained in a 1,200 word memo from Jeremy Browne, the special representative for the City of London to the EU, which has been leaked to this newspaper.
Yes, that’s the ex-Lib Dem MP….
What he’s describing is of course the attitude from the EU bureaucracy…