These are the chances of a no-deal Brexit - and what it could mean for the UK

Trade talks between the UK and EU have hit a stumbling block sparking concerns that Britain could leave the single market and customs union without a trade deal (Getty Images)Trade talks between the UK and EU have hit a stumbling block sparking concerns that Britain could leave the single market and customs union without a trade deal (Getty Images)
Trade talks between the UK and EU have hit a stumbling block sparking concerns that Britain could leave the single market and customs union without a trade deal (Getty Images)

On January 31 this year the UK left the EU – Boris Johnson had delivered his election promise to take the United Kingdom out of the European Union.

But that wasn’t the end of the process.

The UK doesn’t officially leave the European Union until the end of 2020 and this week the process of settling the divorce from the European Union hit a major stumbling block.

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The UK government brought forward a bill to rewrite parts of the legislation it signed in January which sealed the country’s exit from the political and economic union.

The proposal of a tweak to the agreement has caused something of a diplomatic incident, with the European Union threatening legal action, saying that the UK had “seriously damaged trust” between the two parties.

Questions have also been raised over the legality of the move, with claims that it breaks international law.

The breakdown of talks could lead to a no-deal Brexit of sorts.

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How is a no-deal still possible?

While the UK and the EU have agreed to the Brexit Withdrawal Agreement, talks over a trade deal are ongoing with everything from trade and immigration to security and access to fishing waters being discussed.

With the UK government contemplating tweaks to the original agreement, the EU has threatened to walk away from talks altogether.

The Withdrawal Agreement stipulated that the UK would be completely removed from the European Union by the end of 2020, meaning that the country faces entering 2021 with no trade deal in place.

A no-deal originally meant that the UK would simply leave the union with no Withdrawal Agreement, but now the UK risks leaving the EU without a trade deal.

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The Withdrawal Agreement would still be active, however, meaning that agreements over the Irish border would still be settled following a departure.

What does the UK want to adjust?

When the Brexit transition period ends on December 31, the UK Government and the devolved administrations in Scotland, Wales and