May to Resume Labour Talks as Farage Builds Lead: Brexit Update

Theresa May’s government is due to resume talks on a Brexit deal with the main opposition Labour Party this week, as pressure on the prime minister grows from her own side to abandon the strategy and step aside.

U.K. companies and politicians are underestimating the chances of a no-deal Brexit, according to Edwin Morgan, interim director general of the Institute of Directors. Britain could tumble out of the European Union by accident or be forced out by EU leaders impatient with the chaos, he said in an interview.