LONDON—In the Brexit lexicon, it is called “no deal.” Forget about negotiating a bilateral withdrawal treaty between the U.K. and the European Union. Just leave and start over. With Prime Minister Theresa May’s premiership drawing to a close, the specter of a no-deal Brexit once again looms larger. Business executives are terrified of it. But the favorites among those jostling to replace Mrs. May as prime minister are talking up an abrupt exit after almost three years of inconclusive Brexit wrangling.

Source: Wall Street Journal May 28, 2019 10:52 UTC