Failure to reach UK-EU deal would not set a good example, Angela Merkel says

Mrs Merkel said EU members and the UK are ‘countries that are based on the same values’ (Chris J Ratcliffe/PA)

Failure to reach a post-Brexit trade deal would reflect badly on both the UK and European Union, Angela Merkel warned as talks continued to thrash out a late agreement.

The German leader said an agreement is in the interests of all parties in the talks, but warned that it could not come “at any price”.