Displaying items by tag: possible no deal

On 22 July transport secretary Grant Shapps said that the United Kingdom wants a Brexit free trade deal with the EU, but is prepared for a no deal. A spokesman for Boris Johnson said later that day that Britain remains committed to agreeing the outlines of a balanced trade agreement with the EU, but significant differences between the two sides remain. Talks on a future relationship, which are now in their fifth round, have all but stalled. Some companies fear that there will be disruption at the end of the year if the two fail to secure a trade deal. Mr Johnson’s spokesman said, ‘We will make sure that we’re prepared for all possible scenarios.’