Why Boris Johnson is considering a no-deal Brexit for a bruised economy
Sam Lowe, a trade expert at the Centre for European Reform and an adviser to the UK government, says a no-deal exit would also complicate other aspects of Britain’s dealings with the EU, tarnishing relations for years to come....Mr Lowe argues that a no-deal outcome would probably also have negative knock-on effects. It might make it harder for Britain to secure side deals in areas such as financial services and data, or to agree bilateral “easements” agreements with third countries to reduce bureaucracy at the border. A deal, he says, “creates a framework for future co-operation. It’s worth quite a lot and could lead to further integration under a different government in future”.