About: no deal scenario

Aviation 17-02-2019

UK airline folds amid Brexit uncertainty and fuel cost woes

British airline Flybmi went bust on Saturday (16 February), cancelling all flights with immediate effect. The regional carrier cited Brexit uncertainty as one of the reasons for entering administration, as well as increased fuel costs.
Brexit 30-01-2019

Irish ‘backstop’ must stay, EU leaders tell UK

EU leaders stuck to their guns on Wednesday (30 January), insisting that the Brexit Withdrawal agreement rejected by UK MPs would not be renegotiated.
Brexit 24-01-2019

Airbus slams no-deal Brexit ‘madness’, threatens UK pull-out

Airbus warned on Thursday (24 January) it could shift future wing-building out of the UK in the absence of a smooth exit from the European Union, predicting "potentially very harmful decisions" for its British operations in the event of a no-deal Brexit.
Brexit 09-01-2019

May faces three-day deadline for new plan if she loses Brexit vote

If the UK Parliament rejects Prime Minister Theresa May's Withdrawal Agreement next Tuesday (15 January), as is widely expected, she will be forced to present a new Brexit plan within three days.
Brexit 05-09-2018

Bank of England governor to stay on to ‘smooth’ Brexit

Bank of England governor Mark Carney is set to extend his term at the helm to ensure a 'smooth' Brexit, as pressure mounts on Theresa May’s administration to ramp up preparations for leaving the EU.
Brexit 03-09-2018

‘No deal’ Brexit would be ‘chaotic and severe’, warns expert group

A ‘no deal’ Brexit would cost the UK four times more than the EU-27 and result in a “chaotic and severe” hit to its economy, experts from the UK in a Changing Europe think-tank concluded in a paper published on Monday (3 September).
Brexit 14-08-2018

UK FA minister on Brexit: ‘There is absolutely no guarantee that we will get a deal’

The risk of a no-deal Brexit has been increasing and the European Union commission needs to change its attitude if a deal is to be reached, British foreign minister Jeremy Hunt said on Tuesday (14 August). 
Brexit 10-08-2018

UK voters should make final Brexit decision if talks with EU collapse -poll

If Brexit talks break down without a deal, half of Britons believe the final decision over whether to leave the European Union should be taken by the public in a referendum, according to a survey.
Brexit 06-08-2018

UK trade minister says EU is pushing Britain to no-deal Brexit

The United Kingdom is now likely to leave the European Union without a deal due to the "intransigence" of the European Union, International Trade Secretary Liam Fox told the Sunday Times.
Brexit 02-08-2018

Bank of England poised to raise rates in the face of Brexit risk

The Bank of England looks set to raise interest rates on Thursday (2 August) to their highest level since the financial crisis, defying warnings that it is taking a gamble ahead of Brexit, the terms of which remain unclear.
Brexit 31-07-2018

UK foreign secretary to warn France, Austria of costs of no-deal Brexit

British Foreign Secretary Jeremy Hunt will visit Paris and Vienna this week to discuss Brexit and warn of the costs to Britain and the European Union of failing to reach a transition deal, his office said on Tuesday.
Elections 30-05-2017

May and Corbyn disagree over ‘no deal’ Brexit scenario

British Prime Minister Theresa May said she would walk away from divorce talks with the European Union without a deal if she had to but her rival in next week's election, Labour's Jeremy Corbyn, said he would make sure an agreement was reached if he won power.

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