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Hello and welcome to Coffee House Shots, the Spectator's Daily Politics Podcast.

I'm Katie Pools and I'm joined by Fraser Nelson and James Versafe.

Boris Johnson has just given his first big speech since the UK

left the EU on what Britain will be seeking from the EU in the incoming trade talks. It comes

as the EU have published negotiating objectives of their own. I think it's fair to say that both sides

are on somewhat different tracks when it comes to what they're after.

Now, starting with what the UK will be seeking, here's what Boris Johnson had to say.

Let's be clear, the choice is emphatically not deal or no deal.

We have a deal. We've done it, and it did indeed turn out, as I correctly prophesied to be oven ready.

The question is whether we agree a trading relationship with the EU comparable to Canada's or more like Australians.

James, it's no surprise that Boris Johnson is looking for a Canada's style free trade deal.

We've heard a lot about this before the election in the campaign and since.

But one of the new terms that we started here are the past couple of days, and he just mentioned

there was the idea that the plan B of this government, if they cannot get this Canada free trade deal, would be to move to an Australian model.

What does he mean by that?

He means essentially trading on WTO, World Trade Organisation terms, were a few side agreements on issues such as aviation.

It is essentially a slightly more diplomatic way of saying that you're

prepared to kind of walk away from the talks. I think if you look at what Michelle Barnier said

...