Published: 2020-12-11 16:10
Last Updated: 2023-09-29 11:02
Thursday, the British Prime Minister Boris Johnson said there is a 'strong possibility' the UK will not reach a post-Brexit trade deal with the European Union.
"We need to be very, very clear, there's now a strong possibility, strong possibility, that we will have a solution that's much more like an Australian relationship with the EU than a Canadian relationship with the EU," Johnson said, adding that "That doesn't mean it's a bad thing. There are plenty of ways, as I've said, that we can turn that to the advantage of both sides in the conversation."
Jonhson added, "Now is the time for the public and for businesses to get ready for January the first, because, believe me, there's going to be change either way."
The UK left the EU in Jan. ending nearly 50 years of integration. However, UK remains an informal member until Dec. 31.