Hello there, I'm Ed Butler and welcome to Business Daily from the BBC.

Today, another Brexit deadline passed with no deal.

With just three weeks to go, is it too late for a deal between the UK and Europe?

I think it's fair to say significant differences still remain.

We would like a deal if it's possible, but we're not going to sacrifice the basic points of democratic principle.

So we're doing everything we can.

Meanwhile, business in the UK says what with COVID and global trade congestion, this is getting urgent.

The difference between a deal and no deal is incredibly real in GDP terms.

It's incredibly real for businesses, particularly in certain sectors.

So we have to be in getting to yes mode.

That's all in Business Daily coming up on the BBC.

Very large gaps remain.

That was the blunt assessment provided by the UK government after last night's dinner between Britain's Prime Minister and the head of the EU Commission, Ursula von der Leyen.

We got to hear about the menu that they ate, but not much else of substance.

It was another last ditch effort to get a resolution. Both sides acknowledged they remained far apart.

Both agreed talks would continue until Sunday.

So that's a new final deadline then.

We've had a few of those already.

With me is the BBC's political correspondent, Rob Watson.

Normally Rob, we'd be playing clips of all of these statements coming from the politicians.

Significant, do you think, in terms of the mood,

that the respective leaders didn't even go out in public after their dinner yesterday?

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