European Union frets over slow United Kingdom exit talks

The Institute of Directors (IOD), a group which represents 30,000 senior business leaders, also called on the government to guarantee the rights of European Union citizens, and said on Thursday that both sides needed to display "further flexibility".

Britain is "unconditionally committed" to European security despite Brexit, Prime Minister Theresa May told British troops stationed with North Atlantic Treaty Organisation in Estonia on Friday, as EU leaders met to discuss the future of the bloc.

"That has been part of the negotiations that we've had".

"We have had a constructive week, yes, but we are not yet there in terms of achieving sufficient progress".

Speaking at a summit of European Union leaders in Estonia, Mr Juncker said the bloc was not yet ready for negotiations to move forward. "I'm saying there will be no sufficient progress from now until October unless miracles will happen".

Visiting troops with French President Emmanuel Macron, May reiterated Britain's position that security cooperation is not up for debate in London's tense divorce negotiations with the European Union as she seeks to improve the mood and unlock the next stage of talks. They had been expected to do just that on October 19-20 at their next summit, but Barnier's assessment indicated the tentative deadline will be missed.

Dollar eases in run-up to Fed decision; pound briefly rallies above $1.36
HURRICANE IMPACT: The National Association of Realtors said that sales of previously occupied US homes fell 1.7 percent in August. Brent crude slipped 0.1 percent to $55.42, not far from an nearly five-month high of $55.99 marked on Thursday.


"NATO remains the bedrock of our collective security, and there is no clearer demonstration of the UK's unconditional commitment to Europe's defence than the 800 British troops now in Tapa, leading a North Atlantic Treaty Organisation battlegroup and standing shoulder to shoulder with their Estonian, French and soon their Danish counterparts too", said the United Kingdom prime minister, who will visit United Kingdom soldiers stationed in Tapa along with French President Emmanuel Macron and Estonia's Prime Minister Juri Ratas.

Mr Davis pursued a more combative tone than his boss and his team didn't go far enough to clarify the concessions Mrs May offered in the speech, according to the person, who asked not to be named as the discussions were private.

Upon arriving at the Tallinn Digital Summit, May told reporters that "This is a very timely summit, because increasingly, we see hostile cyber activities are threatening our democratic institutions, our financial systems and our public sectors". Both sides said some progress had been made on the issue.

"That will guarantee the security and stability of the continent for generations to come".

"A Downing Street spokesman said Mrs May also emphasised the need to agree a" time-limited" transition period after Brexit "to provide certainty to businesses and others in both Britain and the EU". "Further gradual adjustment in short-term interest rates based on an economy growing above trend...will be important if we want to continue this long expansion", George said.

"The only way to reach sufficient progress is that all commitments undertaken at 28 [member states] are honored at 28", the former French government minister said.

  • Sonia Alvarado