UK and EU agree new trade deal

The UK and the EU have agreed a new trade deal, Sky News understands.

The talks are the first since Boris Johnson agreed the initial Brexit deal in January 2020, when the UK left the EU.

Talks went "down to the wire", with a breakthrough at about 10.30pm on Sunday, as UK fishing rights were said to yet again be one of the sticking points negotiators had to work through.

The UK government had set a deadline of 10am on Monday, with Business Secretary Jonathan Reynolds telling Sky News details were still being worked out just three hours before the deadline.

EU leaders are set to have a formal meeting at Lancaster House, with a news conference to announce the deal set for later.

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