Chief negotiator says no-deal scenario is not Brussels’ preferred option, but everyone needs to plan for it

The EU’s chief Brexit negotiator, Michel Barnier, has said the bloc is drawing up contingency plans for the possible collapse of Britain’s departure talks.

Barnier, who last week gave the UK a two-week deadline to provide greater clarity on the financial settlement it was prepared to offer as part of the divorce deal, told France’s Journal du Dimanche newspaper the failure of the talks was not his preferred option.

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