Possibility of Brexit lasting another year


The EU’s chief Brexit negotiator, Michel Barnier, has said that is open to extending Britain’s Brexit transition period for another year, according to reports. Barnier has said he is open to extending the transition period in return for British Prime Minister Theresa May accepting a “two-tier” backstop designed to avoid a border in Northern Ireland, according to EU diplomats.

Intralink - Theresa May

This would include a backstop for Northern Ireland alone, keeping it within the customs union and single market for goods, and alternative references to a UK-wide customs union.

-Daniel Potter