UK ultimatum: progress by October, or no trade deal

A trade deal between Britain and the European Union will be difficult to conclude by the end of the year if a broad agreement has not been reached by October, cabinet office minister Michael Gove said on Thursday.

“If we haven’t secured significant progress by October, then it will be difficult,” he said, then adding that there was no formal cut off date beyond which a deal could not be implemented.

Any deal would require ratification by both sides - a process which could take several months on the EU side.

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