Brexit: Brussels rebuffs new UK proposals on state subsidies

Paper on guarantees for struggling companies still leaves major gap with EU position

Boris Johnson has been rebuffed by Brussels after making an eleventh hour attempt to break the Brexit logjam with new proposals on limiting state subsidies to ailing British companies.

As the latest week of negotiations began, EU sources welcomed the UK's effort to make a compromise with a submission of a new round of negotiating papers", but warned that a major gap remained between the two sides.