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The European Union handed Prime Minister Theresa May a 10-day “absolute deadline” to improve her Brexit divorce offer or face failure in persuading EU leaders to open trade talks with Britain at a December summit. Without a deal next month, time will be very tight to agree arrangements before Britain leaves the EU in March 2019, adding to pressure on businesses to avoid potential losses and move investments. “We need to see progress from UK within 10 days on all issues, including on Ireland,” European Council President Donald Tusk tweeted after meeting May in Brussels for one hour following an EU summit.

A deal on the Northern Ireland border became suddenly trickier on Friday as the Dublin government looked set to fall. Tusk said it was still possible the other 27 EU leaders would conclude at a summit on Dec. 14-15 that Britain had made “sufficient progress” toward meeting three key conditions for them to approve the opening of trade talks in the new year. But, added the former Polish premier who chairs the bloc’s summit meetings, that was “still a huge challenge”.

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