Interesting analys from Open Europe about the difference of a Brexit No-Deal after a transition period 31 December 2020 and a No-Deal as we have discussed it for 31 October.
A ‘No trade deal’ is not the same as ‘No Withdrawal Agreement’.
It is also important to remember that the post-transition version of ‘No Deal’ would be different to a scenario where the UK left the EU without a Withdrawal Agreement.
Recognition of these differences must inform both the public debate over a post-transition ‘No Deal’ and the Government’s preparations for such a scenario. The key differences are summarised in the table below.
You can read the article here: No Deal vs. no Deal
Source: Open Europe