About: no deal scenario
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.
‘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).
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).
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.
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.
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.
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.