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Theresa May's Brexit deal has been defeated by MPs and the UK is creeping closer to leaving the EU without a deal. But how does a no-deal Brexit actually affect you?
UK reliance on EU food imports is a major risk if the country crashes out of the union. / Walk into any British supermarket and you will be surrounded by European products, from Italian cheeses to French wines. Around 30% of all food consumed in the UK is imported from the EU, but for some foods, such as spinach and olives, the EU is practically the UK’s sole supplier.
It may be time for the UK to consider the possibility the German car industry might not be riding to the rescue.
Boris Johnson, the front-runner to be Britain’s next prime minister, has raised the prospect of a shock for the world’s fifth-biggest economy by pledging to leave the European Union on Oct. 31 without a transition deal if necessary.
This means the UK would immediately leave the European Union (EU) with no agreement about the "divorce" process.
Brexiteers have been advocating this route, believing it represents the purest Brexit and would be best for Britain. But what are the WTO terms and are Brexiteers right to promise a better future for the UK under these rules? How will WTO rules affect the UK in the event of a no-deal Brexit?
Donald Tusk has warned a no-deal Brexit is‘more likely than ever.’ But if it happens it could be chaotic.