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EU and UK hope to agree on Brexit by middle of November

The UK and the EU are publicly insisting they want the Brexit deal wrapped up within the next seven week, but high-ranking officials in London and Brussels acknowledge that the possibility of an agreement on this deadline is unlikely, Bloomberg reported.

Currently, the negotiators are hoping to finally agree on the terms of the "divorce" no later than mid-November, insiders said.

The official deadline for the end of the negotiations is now considered October 18, when the EU summit is scheduled.

The most severe subject remains the issue of a hard border between the UK province of Northern Ireland and the Republic of Ireland.

Speaking in South Africa, the British prime minister Theresa May told that she does not consider the UK's exit from the EU without a deal as the "end of the world."

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