No-Deal Lurches Into View With Failure Now a Real Option: Brexit Bulletin

What’s happening? Failure is now a real option as negotiations take a dramatic turn for the worse.

Think back 48 hours. On Wednesday, British and European Union officials were cautiously hoping that Boris Johnson and Ursula von der Leyen might be able to achieve a breakthrough of sorts at a Brussels dinner. Just one day later, though, the U.K. prime minister appeared on television, warning business and the public to prepare for life at the end of the year without a U.K.-EU trade deal.