Europe and China will form a group aimed at updating global trade rules to address technology policy, government subsidies and other emerging complaints in a bid to preserve support for international commerce, EU officials said.

Further talks will be held later this week as the UK government continues to "press the case" on behalf of Bombardier workers in Northern Ireland, the British Business Secretary has said.

Brexit Britain is guaranteed to be economically worse off outside the European Union, and crashing out without a deal would see the economy take a €113 billion hit, an influential US think tank has claimed.