Brussels hinted today that it could demand its own Brextension next year after the top EU bureaucrat questioned whether a trade deal could be done by next December. 'It's not only about negotiating a free trade deal but many other subjects. The EU wants an agreement on the wider EU/UK future relationship completed alongside the trade deal. July 1: Deadline for a decision on whether to extend the transition period past December 31 by this point December 31: The transition period ends. If there is no trade deal with the EU in place the UK does business under World Trade Organisation rules until one is agreed.
Source: Daily Mail December 27, 2019 12:00 UTC