Loading ...LONDON/GENEVA (Reuters) – The prospect of a “no-deal Brexit” appears to have grown after the European Union’s negotiator rejected last month central elements of Prime Minister Theresa May’s proposals for a new trade agreement.
Bank of England Governor Mark Carney said on Friday the possibility of Britain leaving the EU without striking any deal with Brussels was “uncomfortably high”. Trade minister Liam Fox has put the chances at 60-40.
May’s office repeated on Monday she believed Britain would negotiate a good agreement but that “no deal is better than a bad deal