UK PM warns of no trade deal with EU

London, Dec 11 : British Prime Minister Boris Johnson has warned of a “strong possibility” that Britain and the European Union (EU) will fail to strike a post-Brexit trade agreement.
Speaking from Downing Street, Johnson said “now is the time” for businesses and the public to prepare for that outcome, the BBC reported.
Nonetheless, the prime minister pledged to “keep going” and “go the extra mile” to seek an agreement with the EU.
“The UK has been incredibly flexible,” he said. “We tried very hard to make progress on all sorts of things.” However, he said: “I do think that we need to be very, very clear. There’s now a strong possibility, a strong possibility that we will have a solution that’s much more like an Australian relationship with the EU than a Canadian relationship with the EU.” Australia trades with the EU largely on the World Trade Organization (WTO) terms.