Negotiations

Barnier 'bluffing' on no Brexit deal for banks

EU Brexit negotiator says no chance of deal replicating easy access to single market for UK-based financial services firms.

bloomberg

04.01.2018

UK Prime Minister Theresa May believes Michel Barnier, the European Union's chief Brexit negotiator, is bluffing when he says there will be no special deal for financial services after Britain leaves the bloc, officials said.

Two senior officials familiar with the matter privately think Barnier is faking a hard-line stance in ruling out a deal that would allow banks to continue operating freely across the EU.