With little to no progress being made, Boris Johnson says there is a "strong possibility" that a post-Brexit trade deal with the EU probably won't happen.
"There’s now the strong possibility we will have a solution that’s much more like an Australian relationship with the EU than a Canadian relationship with the EU," BoJo said.
He added that "now is the time" for businesses and the public to prepare for that outcome, although negotiators would continue talks. He added that negotiations were "not yet there at all."
The pound tumbled on the news as the odds of a last-minute breakthrough dimmed.
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