
Boris Johnson today insisted it is ‘epically likely’ that the UK will seal a trade deal with the EU by the end of the year – despite Brussels warning the timescale is unrealistic.
The PM refused to give a categorical guarantee that an agreement will be reached before the end of the post-Brexit transition period, ‘you always have to budget for a complete failure of common sense’.
But Mr Johnson – who this morning gathered his Cabinet for its regular meeting – made clear he believes the ‘enormous’ probability is that a settlement will emerge.
The comments came as the cross-Channel haggling stepped up a gear.
The EU’s trade commissioner Phil Hogan has suggested the UK will have to surrender fishing waters in return for access to the bloc’s financial markets for the City of London.
Mr Johnson told BBC Breakfast: ‘Obviously you always have to budget for a complete failure of common sense, that goes without saying, but I’m very, very, very confident that we’ll get a (deal).’
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