No-deal Brexit would be ‘disaster,’ warns EU business lobby

BRUSSELS, Sept 16 (AFP) - A shock exit by Britain from the EU without an agreement would be "a disaster", the European employers' organisation, Business Europe, warned on Monday.
One of the EU's most powerful lobbies, Business Europe issued the warning just hours before British Prime Minister Boris Johnson is scheduled to meet European Commission President Jean-Claude Juncker in Luxembourg.
Both sides are under intense pressure to mend fences just a month and a half before the Britain's scheduled departure on October 31.
But Johnson, unlike his predecessor Theresa May, has said he is determined that the United Kingdom will leave the EU on October 31, with or without agreement.
"No deal is a recipe for disaster and should be definitely ruled out. A disorderly, no deal exit of the UK would be extremely harmful for all sides," said Markus J. Beyrer, CEO of Business Europe in a statement.