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“There is one glimmer of hope in a statement last night,” Mairead McGuinness, the European Union’s (EU) Commissioner for Financial Services, said on Thursday.

“Statement said they gained a clear understanding of each other’s positions,” he added.

Meanwhile, the UK Foreign Secretary Dominic Raab is back on the wires, clarifying his previous statement on the Brexit issue.

Raab said: “The EU would need to move significantly to keep talking beyond Sunday,” adding that “there needs to be movement on both fisheries, level playing field.”

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