'No deal' Brexit is a genuine possibility.
Around 20% of the terms of the withdrawal still need to be agreed. If they don't find agreement by October or November there won't be enough time for ratification in time for March - @GeorginaEWright tells @CNBCi
https://www.cnbc.com/video/2018/08/13/uk-cant-expect-the-european-commission-to-come-up-with-brexit-proposals-chatham-house.html …pic.twitter.com/NxtpOQuZjV
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Absolutely true. The last 20% of negotiations are always the toughest - save the most contentious till last. There is virtually no chance these deadlines will be met (but they were never realistic). Autumn will be a bumpy time for sterling!
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