The #Brexit Secretary is to face questions today from MPs who claim the Brexit talks are moving too slowly.

David Davis will appear before the Commons Exiting the EU select committee where he faces accusations that he has not kept to his end of the bargain and for failing to prepare for these negotiations, according to a Cabinet source from The Daily Telegraph.

He is also expected to be criticised for failing to ensure the Brexit Bill will be brought forward to a new date after it failed to clear its first Commons hurdle in September and was expected to return in October.

Mr. Davis has also been accused of missing meetings with senior MPs to pave the way for the EU Withdrawal Bill and the 400 amendments that have been tabled.

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On Monday, Sky News reported that five significant business groups are writing a letter to the Brexit Secretary to advise him of the need for a transitional period after March 2019, the date the UK is due to leave the trading bloc. They want this transitional period to mirror Britain's current arrangements with Brussels as possible.

Britain's budgetary contributions will be sorely missed

The #European Union (EU) has revealed that it fears Brexit because Britain's budgetary contributions will be sorely missed once it leaves the trading bloc.

The continent's regional leaders met in the Finnish capital of Helsinki for the Conference of Peripheral Maritime Regions (CPRM), where they examined the consequences of Brexit on Brussels' budget, which will leave the EU 70 billions euros short once the UK quits the EU.

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They may witness funding fall due to Britain's exit from the trading bloc

Enrico Rossi, the President of Tuscany, warned the CPRM that they may witness a funding gap due to Britain's exit from the trading bloc. He urged his counterparts to produce innovative solutions to plug the gaps in their finances likely to be caused by Britain's departure, saying a financial transactions tax could be the answer to this growing crisis.

On Tuesday, the European Council's President, Donald Tusk, advised Britain it can cancel the Brexit negotiations at any stage.

So far in the negotiations, the EU's Chief Negotiator, Michel Barnier, said it may take seven years for Britain and the EU to negotiate a Canadian-style free trade agreement. He said only a short transition period in which the UK would have to accept EU law would lead to the creation of a trade deal between both sides.

The deal struck between Canada and Brussels, known as the Comprehensive Free Trade Agreement, lifts 98 per cent of tariffs on imports and creates a significant movement towards free trade.

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It does not significantly reduce non-tariff barriers for trade and regulations would apply to UK exports to the EU.

Mr. Barnier said such a deal would take several years to negotiate due to approval being needed from #Europe's regional parliaments.

No deal with the EU will be a disaster

Meanwhile, Gina Miller, who won a court case against the Government earlier this year over its claims it can trigger Article 50 without parliamentary consent, said on BBC News that no deal with the EU will be a disaster.

The anti-Brexit campaigner warned Government in-fighting would ruin the UK's Brexit plans with the trading bloc.

She added that a cross-party negotiating team should be conducting the Brexit negotiations because it was not just England, but the United Kingdom as a whole, that voted to leave the EU last year.

Ms Miller said she fears the Government has only got six weeks to produce a plan and that time is running out.

Ms Miller also requested the Government release a series of reports that should consist of details on how to reverse Brexit. She is calling on the Department for Exiting the EU to publish figures they collected confirming how leaving the EU will "damage" certain sectors of the economy.

She believes the reports will portray the Government in a bad light and hinder its "hard" Brexit plans. This includes its legal position when it comes to rescinding Article 50.