The last formal session of post-Brexit trade talks ends with no sign of successful negotiation on any of the main issues, and with every indication that Britain will not ask for an extension of the time allowed for talks.

Anand Menon, director of The U.K. in a Changing Europe tells Bloomberg Westminster's Roger Hearing and Caroline Hepker about the economic consequences of Britain leaving the EU without a trade deal after December 31st.

And Billy Kelleher, Irish MEP for Fianna Fáil and the Renew Europe party discusses what's at stake, and what a no-deal outcome could mean for the island of Ireland.

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