![](https://www.cer.eu/sites/default/files/styles/spotlight/public/no_deal_sl_4.jpg?itok=R-JOxgYM)
Brexit negotiations three months on: No progress, no resolution, no deal
While fighting words indeed, few if any in Brussels were likely intimidated by the ultimatum — as noted by academics and think tanks, such as the Centre for European Reform — no deal would in fact be far worse than a bad deal.