Britain is preparing for a ‘no deal’ Brexit. What does that mean?
by BILLY PERRIGO
Aug 20, 2018
2 minutes
THE POSSIBILITY OF THE U.K.’S LEAVING THE E.U. without an explicit understanding of what comes next—a “no deal” Brexit—is beginning to look increasingly likely. On Aug. 3, Mark Carney, the governor of the Bank of England, called the level of risk “uncomfortably high.” Two days later, Britain’s International Trade Secretary Liam Fox said
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