John Longworth has been suspended and later resigned as General Director of the British Chamber of Commerce after saying that both, staying in and leaving the EU bears risks for the country.
The basket was supposed to make Michel Barnier "fully grasp" Britain's global commercial weight. Critics have pointed out that some of the products are not quite as British as the group had suggested.
Contrary to claims by the UK's Brexit negotiator, two key industry leaders in Germany have said the priority is to protect the EU's single market. They played down any help in securing a good Brexit deal.
As the economic impact of Brexit begins to bite, British and EU officials meet for the third time to formally discuss the terms of the UK's exit from the bloc. No breakthrough on any of the thorny issues is expected.
The Brexit squeeze is starting to be felt as house prices dropped amid rising inflation. While an annual increase is still expected, it's the first time since mid-2012 that back-to-back monthly falls have been reported.
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