AP Top Business News at 4:08 p.m. EST – WAVY.com

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BRUSSELS (AP) — Problems increased Monday for the attempt to secure a trade deal between the European Union and the United Kingdom before a Brexit transition period ends on New Year’s Day, with the EU legislature insisting the drawn-out negotiations left lawmakers without enough time to approve a deal.

British Prime Minister Boris Johnson, meanwhile, displayed insouciance over whether an agreement is reached or not, saying Britain would “prosper mightily” even if the talks collapsed overnight. “Not that we don’t want a deal,” Johnson hastened to add during an afternoon news conference.

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