‘Prepare for the worst’ EU officials tell business after Sajid Javid’s FT interview.

"Only as true friends can, I want to be very honest about what lies ahead of us." The words of the new European Commission president as she headed to Downing Street and her first face-to-face meeting with Boris Johnson on Wednesday.

Chief negotiator sets out red lines for ‘basic agreement’ and says UK will have to agree to ‘level playing field’ if it wants access to European markets.

Ex-EU ambassador says PM’s ‘strategy errors’ will make good trade deal harder to achieve.

A post-Brexit deal should make it easier to build supermarkets, avoid tax and sue the UK, US business lobbyists say.

The U.K.’s dominant services sector flatlined in October, the only part of the economy not to contract.

“Frictionless EU trade and regulatory alignment is vital for UK prosperity and jobs. The deal remains inadequate on services, which make up 80% of the UK economy. And big questions remain about the feasibility of negotiating a new trade agreement deep enough in a 14-month transition period."

The drop comes despite a boost to the economy in the first quarter of the year, thanks to Brexit stockpiling.

Factories’ slowdown and weak activity in services signal “minimal” economic growth in second quarter.

Property sector hit hardest, followed by financial services, leisure and culture, research finds. / The number of UK businesses in “critical” financial distress jumped 17 per cent over the year to the end of March, with a significant deterioration seen in the first quarter of 2019 as Brexit uncertainty deepened.

Sir Ivan Rogers said extending Article 50 is "not a given" and extreme Leavers and Remainers were pushing UK to cliff edge.