Brexit trade talks 'going backwards' as Boris Johnson risks chaotic exit - Business Insider

Britain's chief negotiator David Frost and EU's Brexit negotiator Michel Barnier arrive for a working breakfast after a seventh round of talks, in Brussels on August 21, 2020.UK and EU negotiators failed to make a breakthrough in the latest round of Brexit trade talks.The two sides have just weeks to negotiate an agreement to avoid a chaotic no-deal scenario in January.

The EU's chief negotiator Michel Barnier yesterday said he was "disappointed" and "concerned" by the lack of progress in talks. He also said he was "surprised" by what he described as a UK refusal to "move forward" on key issues, as Prime Minister Johnson "told us in June that he wanted to speed up the process during the summer.

The feeling among those close to the negotiations is that any breakthrough leading to a deal is likely to come in October. This would be at the eleventh hour and leave businesses with just weeks to adapt to changes it would entail. "Last December the Prime Minister told the country he had an 'oven ready' deal and in June he claimed it could be delivered by the end of July," Rachel Reeves, Shadow Chancellor of the Duchy of Lancaster, told Business Insider.

A senior figure in the UK's food industry, whose businesses rely on frictionless cross-border trade with the EU, told Business Insider: "The bigger businesses are thinking about it [Brexit] now but the smaller ones don't know what's about to hit them and I worry about them a lot. We can't hold all of their hands through all of this."

There is particular concern for businesses in Northern Ireland, which unlike those in Great Britain have not been granted a six-month period to adapt to new checks at the border in just four months' time.

Too bad, similar to in the US, democracy is seriously wounded by some foolish voters + Russian interference.

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