U.K. Inc. Told to Prepare for ‘No Deal’ Brexit

The transcript discusses the stalled Brexit negotiations between the UK and the EU, highlighting issues of trust and legal actions taken by the EU against the UK. The UK Prime Minister, Boris Johnson, is preparing to leave the EU without a trade deal, although he remains open to talks if the EU changes its stance. Trust has been damaged by the UK's Internal Market Bill, leading to legal actions by the EU. The likelihood of new talks is uncertain, with both sides keeping the door open but facing significant challenges. The UK must resolve these issues soon to avoid leaving the EU without a deal.

What did the Prime Minister announce regarding the EU single market and Customs union?

What has caused the lack of trust in the negotiations according to the text?

What are the controversial clauses related to, as mentioned in the text?

What is the likelihood of new talks taking place according to the speaker?

What did Michael Gove say about the possibility of talks over the weekend?