
Less than two months before transition period ends there is still no deal signed between EU and UK and neither party wants to back down. This week talks resume in Brussels and both parties can see the end, but EU says that UK will need to compromise, but UK chief negotiator says that UK prime minister wont back down and since time is running out there is possibility of no deal and companies need to prepare for possibility of tarrifs from 1st of January, which would probably be last nail info coffin of many firms crippled by global pandemic. (Goodman, Bloomberg)