Risk of no-deal Brexit rises to ‘significant 30%’

The risk the UK will crash out of the EU at the end of next month has risen to “a significant 30%” but the most likely outcome is for a soft Brexit, according to a leading firm of economic forecasters.

Capital Economics in London predicts the UK parliament will delay the process of the UK exiting the EU and will agree “a softer Brexit later this year” following a period of what it calls “fudge and delay”.