With talks between the UK and EU still deadlocked after the British prime minister nearly-but-didn't-quite stage a walkout Friday, that's the only way EU officials say they can secure trade deal
Earlier, Michael Gove, the minister overseeing Brexit, had said there was agreement on the need to intensify trade talks and work on legal texts, after the negotiations broke down last week
Britain and the European Union edged toward resuming their troubled trade talks on Monday, after the bloc's chief negotiator said he was ready to intensify negotiations
With just over two months before UK ends a status quo transition arrangement with EU, any chance of securing a trade deal was hanging in the balance after both sides called on the other to move first
EU chief negotiator Michel Barnier had been due in London for talks with his British counterpart David Frost this week
Moody's lowered the rating to "Aa3" from "Aa2," putting Britain on the same level as Belgium and the Czech Republic
Johnson asks UK to prepare for the latter; UK-based Indian businessmen hope a compromise will be found
UK foreign minister said that there are only narrow differences remaining in trade talks between the UK and the EU, but insisted the bloc must show more flexibility if it wants to make a deal
David Frost said he was "disappointed" and "surprised" that the conclusions at a summit of European Union said that the regional bloc is no longer committed to working "intensively"
The EU leaders meeting in a summit on the day British Prime Minister Boris Johnson had set as a potential cutoff point for the acrimonious negotiations
Britain left the EU in January and the estranged allies have since been locked in complex negotiations to try and keep trading without tariffs or quotas from 2021
Ahead of a European Union summit, UK Prime Minister Boris Johnson expressed the "desirability" of a new trade deal with the bloc, but also his disappointment that more progress had not been made
A source close to the talks, who spoke on condition of anonymity, said Frost would say agreement was difficult but not impossible if both sides work intensively in the coming weeks
U.K. Prime Minister Boris Johnson has adopted a similar stance
The business ministry argues that most of what businesses need to do is the same regardless of the outcome of the negotiations and has planned a series of sector specific webinars in October
Prime Minister Boris Johnson has set Oct. 15 as a deadline for clinching a post-Brexit trade deal which would kick in when the United Kingdom leaves informal EU membership at the end of this year
Toyota operates a plant in Derbyshire, central England, and produced roughly 8% of the 1.52 million cars made in Britain in 2018
Britain and EU will work intensively to bridge gaps in fisheries, the level playing field, and governance in order to reach a post-Brexit trade deal, a Downing Street spokesperson said on Saturday
British Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen have "agreed the importance" of finding a post-Brexit trade deal, Downing Street has said
Johnson will speak to the head of the EU's executive, Ursula von der Leyen, on Saturday to agree next steps after the bloc launched a legal case against Britain