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Is a no deal Brexit likely?

International Trade Secretary Liam Fox has said that a no deal is the most likely outcome

Conservative MP, Sir Bernard Jenkin, claims the government and industry are on a "diet of gloom and alarm and despondency," and Labour MP Alison McGovern says we are in a "process of chaos." Their remarks come a day after the International Trade Secretary, Liam Fox, said a no deal was now the most likely outcome after the governor of the Bank of England told Today that the prospect was "uncomfortably high" and "highly undesirable."

(Image: Union Jack and EU flag, credit: Daniel Leal-Olivas/AFP/Getty)

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