No Deal
From ACT Wiki
European Union - Brexit.
No Deal would have been the most extreme form of a Hard Brexit.
Under No Deal, the UK would have left the European Union (EU) without a negotiated settlement.
On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement agreement that applied from 1 January 2021.
The EU-UK Trade and Cooperation Agreement entered into force on 1 May 2021.