Britain and the European Union have agreed a draft text setting out a close post-Brexit relationship, though wrangling with Spain over control of Gibraltar must still be settled before EU leaders meet on Sunday in order to rubber-stamp the pact.

European Union negotiators meet today to try to clear the last hurdle before a Sunday summit is due to endorse the Brexit deal, although Spain’s objections over Gibraltar mean the final text could not be ready until the last minute.

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The Financial Reporting Council, the UK  accounting watchdog, has launched an investigation into the audit of café chain Patisserie Valerie by Grant Thornton for the for the 2015, 2016 and 2017 financial years.