No-deal Brexit now a 'strong possibility' according to Boris Johnson

The British Prime Minister Johnson no longer considers a deal likely - but wants to continue negotiating.

British Prime Minister Boris Johnson is dampening expectations for a trade deal between the United Kingdom and the European Union. "There is now a high probability that we will get a solution similar to Australia's relationship with the EU, rather than one similar to the Canada-Europe relationship," Johnson said.

Australia and the European Union currently trade based on the rules of the World Trade Organization (WTO) which would equate a no-deal brexit.