UK's Hammond: Our very strong preference is to do a deal - CNBC

British finance minister Philip Hammond gave an interview to CNBC earlier in the session, with key quotes (via Reuters) found below:

• Would not call negotiations with EU an impasse
• It's vital that we talk to leaders of EU 27 nations, not just EU
• Relationship with European counterparts very constructive
• Biggest sticking point with EU is process
• EU process not going to facilitate effective negotiations
• Personally, I don't think probability of no deal scenario for Brexit has increased
• It's so blindingly obvious that it's in the best interest of all EU members that UK gets deal done
• Our very strong preference is to do a deal
• We have to be ready for tariffs on trade, we don't think it will happen but have to ready for March 2019
• Economic relation with EU is my no.1 priority as chancellor in Brexit talks