Philip Hammond: UK must be pragmatic in Brexit talks

Hammond, speaking to reporters before a meeting of the 28 European Union finance ministers on Friday, said Britain should work closely with the bloc to prioritise jobs and prosperity when Brexit talks start next week.

The European Commission said the one-day meeting between its chief negotiator Michel Barnier and Brexit Secretary David Davis will take place "as part of the sequenced approach to the talks" set out by the EU, which require progress to be made on withdrawal arrangements before any talks on trade can begin.

Mr Davis is expected to meet Mr Barnier at the Commission's headquarters in Belgian capital Brussels on Monday but it is not known how long the initial round of talks will last.

The article states that discussions on a member's withdrawal must "take account of the framework for its future relationship with the Union".

Before the election, May proposed a clean break from the European Union, involving withdrawal from the European Union single market, limits on immigration and a bespoke customs deal with the EU.

Former Prime Minister David Cameron said May needed to listen to opposition parties, and that there would be pressure for a softer Brexit that would give greater priority to a close trading deal with the EU. "We are clear this is what is set out in Article 50", the department said.

The Conservative source said: "We're confident of getting an agreement, we're confident that the Queen's speech will be passed". "The withdrawal and future are intimately linked".

Working groups were to take place later to focus on three key areas - the status of European Union citizens living in Britain and British citizens living in the European Union; the divorce bill for Britain; and the status of the Northern Irish border with Ireland.

"We're still in uncharted waters today and we don't know exactly how it's going to look, so we've got to plan ahead". But his planned address, and that of Bank of England Governor Mark Carney, was cancelled because of the Grenfell Tower fire tragedy.

German Finance Minister Wolfgang Schaeuble said in a Bloomberg Television interview this week that as soon as "the principles" of Brexit are agreed, talks can move on in parallel to "the details of the regulation, and what will be the further relations between the United Kingdom, after Brexit, and the single market and the European Union, and so on".

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