The EU has said that it’s ready for the UK to leave the bloc without a deal and isn’t planning any further contingency measures, suggesting that a no-deal Brexit was “very much possible”.

Updating the press on its latest contingency preparations, the European Commission informed the member states, companies, and stakeholders to be ready for the expected economic fallout. The EU executive told reporters that its intention is to focus on crucial areas including citizens rights, financial services, transport, and fisheries ahead of Britain’s 31 October departure from the bloc.

The EU’s no-deal plans come as Britain’s Conservative Party is picking a new party head and prime minister to replace Theresa May after her three consecutive failures to pass through the House of Commons the Withdrawal Agreement that she secured with the bloc.


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