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UK and EU warn crash-out Brexit ahead

'Although we will continue energetically to seek an agreement with the EU, we must face the possibility that one will not be reached'

European Union chief Brexit negotiator Michel Barnier and British Prime Minister's Europe adviser David Frost 5 are seen at start of the first round of post -Brexit trade deal talks between the EU and the United Kingdom, in Brussels, Belgium March 2, 2020. Oliver Hoslet/Pool via REUTERS - RC2RBF91WR39
European Union chief Brexit negotiator Michel Barnier and British Prime Minister's Europe adviser David Frost 5 are seen at start of the first round of post -Brexit trade deal talks between the EU and the United Kingdom, in Brussels, Belgium March 2, 2020. Oliver Hoslet/Pool via REUTERS - RC2RBF91WR39 Photo: Oliver Hoslet/Reuters

The UK must prepare to exit the European trading bloc without a deal, the UK's chief Brexit negotiator has warned today.

David Frost said in a statement following the conclusion of the latest round of negotiations with the European Union, that "substantial disagreements remain" on the future trading relationship between the UK and EU.

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