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.

Axar.az reports citing Reuters.

“This will obviously cause significant disruption both for citizens and for businesses and this will have a serious negative economic impact,” Bertaud said of any abrupt split.

“That would be proportionally much greater in the United Kingdom than it would be in the EU 27 states.”

She cited Commission President Jean-Claude Juncker as having said that if it came to a no-deal Brexit “it is the British who will, unfortunately, be the biggest losers”.