No Deal

European Council President Donald Tusk will recommend the EU leaders to adopt a postponement of Brexit beyond the planned date of 31 October.

"If we cannot strike a deal, Britain is ready to leave the EU without a deal on October 31, I believe this is important. It is not perfect, but it seems adequate that we leave EU on October 31", he stated today.
However, he declined to explain how he thought Brexit would be implemented with a no-deal scenario.

Turkey's exports to the U.K. are expected to drop by $2.4-3 billion, in the event of a no-deal Brexit, Turkish Trade Minister Ruhsar Pekcan said on Sept. 4.

HM Treasury (UK government's economic and finance ministry) will add £ 2bn (€ 2.2bn) to its 2020/2021 spending plan to fund Brexit preparations. This was announced by Finance Minister Sajid Javid's office last night, cited by AFP.

The British prime minister Boris Johnson believes Brexit should happen without further delay. Boris Johnson urged members of the British Parliament not to vote for a new postponement, which he described as "pointless."

British Prime Minister Boris Johnson called on Germany and France to compromise on Brexit, warning that Britain would be ready to leave the European Union without a deal on October 31st, if necessary, Reuters reported.

The European Commission has said that the European Union is ready for Brexit without a deal and that such a variant would most likely hurt the UK, Reuters reported.

The Commission does not currently consider it necessary to take any further steps to prepare for such a scenario, EC spokeswoman Natasha Bertaud said at a briefing.

If Britain leaves the EU without an agreement, it will suffer from a shortage of fuels, food and medicines, the Sunday Times reported, citing Operation Yellowhammer, the cross-government study of the impact of a no-deal Brexit.