'Very symbolic and important' first meeting of chancellor and EU finance ministers since Brexit - Eurogroup president Paschal Donohoe says

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Chancellor Rachel Reeves admitted to some Brexit harms and said negotiations with the EU will begin in the new year.

Chancellor Rachel Reeves has said she is 'overwhelmed' by the response to the UK's first attendance at an EU finance ministers' meeting since Brexit. No negotiations nor demands were made at this point, Ms Reeves said, but they will start in the new year.

EU finance ministers want to have 'a more businesslike relationship' with the UK, she said, to reset and rebuild. All assembled ministers agreed growth 'is not a zero-sum game' and that all countries in the EU and indeed the UK 'need to do more' to boost growth, productivity and competitiveness. Not since the UK left the EU has a chancellor attended a Eurogroup finance ministers' meeting.

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