Brexit negotiators in London say this means that avoiding any disruption to cross border data flows is in the interest of both Britain and EU.

Britain's Minister for Digital Matt Hancock said: "In the modern world, data flows increasingly underpin trade, business and all relationships. We want the secure flow of data to be unhindered in the future as we leave the EU.

"A strong future data relationship between the UK and EU, based on aligned data protection rules, is in our mutual interest.

"The UK is leading the way on modern data protection laws and we have worked closely with our EU partners to develop world leading data protection standards. Our goal is to combine strong privacy rules with a relationship that allows flexibility, to give consumers and businesses certainty in their use of data."

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