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U.K. finance minister expects ‘some sort of agreement’ with Labour party over Brexit

Click to play video: 'Jeremy Corbyn: There must be a customs union for post-Brexit Britain'
Jeremy Corbyn: There must be a customs union for post-Brexit Britain
British opposition leader Jeremy Corbyn said on Friday that the Labour party's position remained that there has to be a customs union for Brexit Britain to ensure a good relationship with Europe and avoid unregulated trade – Apr 5, 2019

Talks between the British government and the main opposition Labour party aimed at breaking the deadlock over Brexit continue, finance minister Philip Hammond said on Saturday, adding he expected to reach “some form of agreement.”

Hammond said the government had no red lines in the talks.

WATCH: European Union to offer U.K. a Brexit extension of up to a year: EU source

Click to play video: 'European Union to offer U.K. a Brexit extension of up to a year: EU source'
European Union to offer U.K. a Brexit extension of up to a year: EU source

Arriving for a meeting of European Union finance ministers in Bucharest, Hammond also said he was optimistic about the outcome of next Wednesday’s EU summit on Brexit, as most EU states agreed there was a need to delay Brexit, as requested by British Prime Minister Theresa May.

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READ MORE: Theresa May asks EU to delay Brexit to June 30

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