Inside the no-deal reasonable worst case scenario
From our UK edition
I've been passed the government's 'reasonable worst case scenario planning assumptions to support civil contingencies planning for the end of the transition period'. The 34-page document describes itself as a 'challenging manifestation of the risk in question' but 'not an extreme or absolute worst case scenario'. A government source confirmed the official sensitive document, which was written in September, still underpins contingency planning. It is 'not a forecast' but a 'reasonable' assessment of what could happen to us if, in the next day or so, talks collapse on a free trade agreement with the European Union and the negotiations can't be rescued.