Is UK heading to no-trade-deal Brexit? Banks assess risk
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LONDON (Reuters) - Britain and the European Union remain far apart in negotiations on a new trading relationship and analysts at many banks say the risk of a no-trade-deal Brexit at the end of the year is firmly back on the table.Talks are being held this week in Brussels but Britain's refusal to extend the end-2020 deadline has increased pressure to reach a deal by then or be cast adrift without any trading arrangements in place."We think there is a 50-50 chance of a no trade-deal Brexit," said..