Economics

EU Says It’s Ready for ‘Undesirable’ No-Deal Brexit on Oct. 31

U.K.'s Hammond Says New Brexit Referendum May Be Needed
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The European Union said it’s ready for the U.K. to leave the bloc without a deal and isn’t planning any further contingency measures.

In a progress report on its no-deal Brexit planning, the European Commission said Britain departing without an agreement “remains a possible, although undesirable, outcome.”