Citi analysts says UK and EU on course for rudimentary Brexit deal

Britain and the European Union remain on course to strike a basic deal for their future, post-Brexit trade relationship, analysts at U.S. bank Citi said on Friday.

"On balance, the two sides are still converging on a rudimentary Brexit deal, in our view," the analysts said. "If anything, tensions over the Internal Market Bill highlighted that both sides need a no-tariffs deal for Northern Ireland."