EU’s Barnier: EU needs to prepare for no Brexit deal because UK has not ruled it out

EU needs to prepare for no Brexit deal because UK has not ruled it out, says the EU chief Brexit negotiator, Michel Barnier during a speech at the Berlin Security Conference on European Security and Defence in Berlin, Germany.

Additional quotes:

   •  Hope by next week we will have progress on principles of Britain's divorce from EU
   •  A future relationship with post-Brexit UK along lines of Norwegian model is the only scenario without friction

Elsewhere the UK treasury official Truss was noted saying that it would be completely wrong of me to comment on speculation over Brexit financial settlement. Until everything is agreed nothing is agreed in Brexit talks