Britain says 'unfortunately clear' no Brexit deal by end of July

Britain's chief Brexit negotiator said Thursday it was clear that London's goal of striking a preliminary deal on the UK's exit from the EU will not be reached in July.

"It is, unfortunately, clear that we will not reach in July the 'early understanding on the principles underlying any agreement'," David Frost said, adding that "we must face the possibility that one will not be reached" at all before the post-Brexit transition period ends in December.