Hard Brexit DEAD? Free trade deal with EU 'most likely outcome as no deal ...

Brexit bill Theresa MayGETTYChances of a no deal Brexit slashed following reports Theresa May is ready to pay EU £44bn

The poll follows a breakthrough in talks after the warring parties finally agreed on a sky-high £44billion Brexit bill and a solution to the possible Northern Ireland border closure, according to reports.

Economist Peter Dixon of Commerzbank said: “UK negotiators would be guilty of a dereliction of duty if they failed to agree a free-trade agreement - or at least to agree talks about talks.”

The poll showed a fall in the predicted chances of a so-called disorderly Brexit - with no deal reached - from 30 per cent to 25 per cent.

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More than half of the economists polled at the end of November believe a free trade deal is the most likely outcome of talks.

Kallum Pickering of Berenberg said: “With the UK ready to honour its full commitments in the Brexit bill, and a good chance that London and Dublin can strike a compromise on the Irish border question soon, we now see a lower risk that the UK and the EU will part company without a future trade deal by the March 2019 Brexit deadline.”

The second most likely outcome according to the Reuters poll would see the UK trading with the EU under WTO rules after failing to secure a deal.

We now see a lower risk that the UK and the EU will part company without a future trade deal

Kallum Pickering of

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