UPDATE 1-EU says ready for no-deal Brexit, "British would be the biggest losers"

Read MORE

UPDATE 1-EU says ready for no-deal Brexit, "British would be the biggest losers"The European Commission said on Monday that the EU was ready for a no-deal Brexit and that Britain would suffer most under such a scenario. Speaking at a regular daily briefing, Commission spokeswoman Natasha Bertaud said a no-deal UK exit would never be the EU’s preferred scenario, adding that the Brussels-based executive saw no need for additional contingency preparations at this stage.