Prepare for no-trade deal Brexit, Johnson says, but talks to continue2Photo© indianexpress.com

Prepare for no-trade deal Brexit, Johnson says, but talks to continue

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Prime Minister Boris Johnson said on Friday it was now time to prepare for a no-trade deal Brexit in 10 weeks time unless the European Union fundamentally changed course, though Brussels said talks would continue.

A tumultuous "no deal" finale to the United Kingdom's five-year Brexit crisis would sow chaos through the delicate supply chains that stretch across Britain, the EU and beyond - just as the economic hit from the coronavirus pandemic worsens.

At what was supposed to be the "Brexit summit" on Thursday, the EU delivered an ultimatum: it said it was concerned by a lack of progress and called on London to yield on key sticking points or see a rupture of ties with the bloc from Jan. 1.