Britain tells EU on Brexit deal: it wasn't going to last forever

Thursday, July 22, 2021
Britain tells EU on Brexit deal: it wasn't going to last forever © Reuters. FILE PHOTO: Flags of the Union Jack and European Union are seen ahead of the meeting of European Commission President Ursula von der Leyen and British Prime Minister Boris Johnson, in Brussels, Belgium December 9, 2020. Olivier Hoslet/Pool via REUTERS

LONDON (Reuters) - British Business Secretary Kwasi Kwarteng said the European Union had been inflexible over renegotiating the Northern Ireland part of the Brexit divorce deal and cautioned Brussels that it was not a deal that would last for ever.

"A deal is a deal but it wasn't something that was going to last forever," Kwarteng told Sky. "It was something that was flexible and we want to make it work more smoothly."

"Article 16 ... it is something that we could do, to suspend it, we've chosen not to do that, that's not our opening position and we want to be able to negotiate and have a conversation with the EU about how best to go forward."

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24-07-2021 18:07:52 (UTC+7)

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 EUR/USD1.1773Neutral
 GBP/USD1.3747↑ Sell
 USD/JPY110.56↑ Buy
 AUD/USD0.7365Buy
 USD/CAD1.2560Neutral
 EUR/JPY130.16↑ Buy
 EUR/CHF1.0827↑ Buy
 Gold1,801.90↑ Sell
 Silver25.235↑ Sell
 Copper4.4553Neutral
 Crude Oil WTI72.17↑ Buy
 Brent Oil74.20↑ Buy
 Natural Gas4.046Neutral
 US Coffee C191.88↑ Buy
 Euro Stoxx 504,109.10↑ Buy
 S&P 5004,411.80↑ Sell
 DAX15,669.29↑ Buy
 FTSE 1007,027.58Neutral
 Hang Seng27,284.87Neutral
 Small Cap 20002,209.41↑ Buy
 IBEX 358,717.20↑ Sell
 BASF67.030Neutral
 Bayer51.20↑ Buy
 Allianz210.50↑ Buy
 Adidas317.70↑ Buy
 Lufthansa9.849↑ Sell
 Siemens AG134.65↑ Buy
 Deutsche Bank AG10.590↑ Buy
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