Thelikelihoodof a postBrexittradedealisdeeplyuncertaintonight, withbothBorisJohnsononthepresidentoftheEuropeanCommissionspeakingingloomytermsaboutthechancesofsuccess.
TheUKandtheEUhaveagreedthat a decisiononthefutureofthenegotiationswillbemadeattheendoftheweekenddeadlinesinthisprocessofcalmandgonewithout a firmoutcome.
I thinktheimplicationsareveryseriousforallconcernedintheeventof a nodeal, and I thinkallpoliticiansintheUnitedKingdomonacrossEuropeneedtoreflectthatsoinBrussels.
We'veheardfromthegovernment's owneconomicadvisers, sayingthatthesortofeffectivelythemountainofredtapefromleavingthesinglemarketandleavingthecustomsunionwillbe a hittotheeconomy.
Thelikelihoodof a postBrexittradedealisdeeplyuncertaintonight, withbothBorisJohnsononthepresidentoftheEuropeanCommissionspeakingingloomytermsaboutthechancesofsuccess.