When will Britain finally leave the EU now that Article 50 has been triggered?
John Springford, director of research at the Centre for European Reform (CER), said: “If no deal is struck in two years, the member-state departs — unless all 28 countries agree to extend the talks.”
Theresa May has said that “no deal is better than a bad deal”and the UK could walk away from talks. But Mr Springford said: “This is not true...
...“Leaving the EU with no deal would mean tariffs on trade; legal chaos, with every British company selling to the EU unsure if they are doing so legally; and Britain’s alliances with other European countries in ruins.
“But there is a decent chance that this outcome, not desired by anyone with a passing understanding of modern trade, comes to pass.”