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A Bad Brexit Deal May Be Better Than No Deal After All

  • Increasing chance seen of negotiations breaking down
  • EU’s Juncker estimates U.K. Brexit bill at about $62 billion
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Four Finance Ministers Talk Brexit in 75 Seconds

Updated on

The mantra within the British government as it prepares to hammer out the terms of its break-up with the European Union is that no deal is better than a bad deal.

Walking away with no regime for 230 billion pounds ($287 billion) of annual exports to the bloc and the 3.3 million Europeans in the U.K would be “perfectly OK,” says Foreign Secretary Boris Johnson. Not “frightening” at all, says Brexit czar David Davis.