Key Brexit meeting concludes ‘more momentum’ needed to break deadlock

Sam Lowe, a senior research fellow at the Centre for European Reform, said, “A deal between the EU and UK remains possible. But neither side is likely to compromise on its current negotiating position until later in the year, when the cost of failure will become significantly more tangible.”

“The route towards an agreeable compromise exists. But the EU and UK are unlikely to commit to finding it until later in the year, when the economic, and political, consequences of the alternative become significantly more tangible.”