LONDON—The prospect of the UK leaving the EU without a bespoke Brexit deal has spooked markets, businesses, and European governments in recent weeks, and has critics demanding that the British government step up preparations.
But the UK’s first guidance on a “no-deal” scenario, published Aug. 23, did little to allay concerns in the business community, with some sectors saying it was too little, too late, demonstrating the dangers of a no-deal Brexit.
