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"The new model is like cohabitation, with close collaboration, a shared approach to finances and decisions and obligations to each other, but ultimately separate people making their own choices."
The UK chancellor says there remains serious "challenges" to both customs models set out by prime minister Theresa May.
The UK government has begun consulting on phasing out small denomination 'copper' coins.
Britain will continue to give money to the EU for another 46 years, the Office for Budget Responsibility said on Tuesday.
Chancellor Philip Hammond delivered a pared-down spring statement on Tuesday and said the UK economy is faring better than predicted.
The EU insists the UK can only have access to a Canada-style free trade deal, which did not include financial services.
Philip Hammond says Brexit will only mean ‘very modest’ changes to the UK’s relationship with the EU
The chancellor's remarks have enraged Conservative Brexiteers such as Jacob-Rees Mogg.
Chancellor Philip Hammond had no evidence for his statement that disabled workers hurt the UK economy, the government quietly admits
He was heavily criticised for the statement by opposition MPs, who felt that it suggested that employing workers with disabilities was unproductive.
Philip Hammond accuses the EU of not being clear on what relationship it wants with the UK after Brexit
"It takes two to tango," the Chancellor says.
The pair are traveling to Germany today to make the case for a post-Brexit trade deal to include financial services.