EU urges member states to 'step up preparations' in case Brexit talks fail

The European Union today urged member countries and businesses to "step up preparations" in case EU-British negotiations fail to produce a deal for Britain's exit from the bloc.

"Today's text calls on member states and private parties to step up preparations" for all outcomes by a March 30 deadline, the European Commission said.

"There is still no certainty that there will be a ratified withdrawal agreement in place on that date," it said.