The EU and UK will embark on an intensified final phase of Brexit talks on Thursday after Britain agreed to lift its block on negotiations, prompting the pound to stage its biggest rally since March.
The breakthrough came in a call lasting about an hour between Michel Barnier, the EU’s chief negotiator, and David Frost, his UK counterpart, with both sides agreeing to resume face-to-face talks.
Negotiations had been on ice since last week because of UK prime minister Boris Johnson’s decision to demand a “fundamental” rethink from Brussels before allowing further discussions.
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