3 December 2020, 20:46 | Updated: 3 December 2020, 20:51
The chances of reaching a post-Brexit trade deal are “receding” due to fresh demands from the EU “at the eleventh hour”, the UK Government has said.
Hopes of the UK and the European Union reaching a trade agreement by the end of the week were dealt a blow on Thursday after the EU brought “new elements into the negotiation”.
Britain’s current trading arrangement with Europe will expire at the end of the month, giving the two sides little time to agree on a deal and have it ratified by the bloc’s leaders, Westminster and the European Parliament.
A senior UK Government source said on Thursday: “At the 11th hour, the EU is bringing new elements into the negotiation.
“A breakthrough is still possible