Guardian -Live Reporting: Reports in its 3.27pm post the following from Chancellor Hammond, " Hammond, the chancellor, claimed a basic free trade agreement of the kind proposed by the EU would not deliver what both sides wanted....He downplayed the significance of the tough stance adopted by the EU today, saying that was just what you would expect from any “very skilled negotiator” "
Lets Get Real:
The Chancellor is a firm remainer but is keeping to the May script. The draft outline by the EU is just the start of the talks, both sides will have to give and take. The UK has the monies that the EU wants for its budget, thus is not powerless, while the EU can grant access to the Customs Union and the single market. The UK is closer to the EU than other free trade deals done by the EU, also outside economics we have a common history , well since 1945. Also we share frameworks for security and other areas. The deal should not be that hard to do. It depends IF both sides come to the table is an open and non ideological manner.