No Brexit deal worst-case scenario for Britain: Lords committeeLONDON (Reuters) - Britain will fail to agree a free trade deal with the EU before it plans to leave the bloc in 2019 and should seek a transition period to avoid a worst-case scenario of crashing out without an agreement, lawmakers from parliament s upper house said. The House of Lords EU committee s report  Brexit: deal or no deal  said on Thursday Britain should consider extending membership of the European Union or set a later date for leaving to give the government longer to negotiate a trade deal.   The overwhelming weight of evidence suggests that  no deal  would be the worst possible outcome for the UK, in terms of the economy, security, the environment and citizens  rights,  said Michael Jay, a member of the Lords EU committee and former head of Britain s diplomatic service. Britain s Prime Minister Theresa May s hopes of progressing the Brexit talks collapsed at the last minute on Monday as her Northern Irish allies denounced a proposed offer on the border with Ireland. May has found it difficult to come up with a formula that satisfies both EU member Ireland, which wants to avoid creation of a  hard  border, and Northern Ireland s DUP party, which says the British province must quit the EU on the same terms as the rest of the UK. With the clock ticking down to the March 2019 exit date, the report says the biggest risk factor that there may be no trade deal is the shortage of time. Despite scepticism in Brussels over the tight timetable, May and her chief negotiator David Davis have been clear they want to have a full post-Brexit free trade deal sealed by the time Britain leaves.   While we support David Davis  ambition to secure a comprehensive agreement by 29 March 2019, almost nobody outside the Government thinks this will be possible,  Jay said. worldnews
no brexit deal scenario britain lords committeelondon reuters britain fail agree free trade deal eu plans leave bloc seek transition period avoid scenario crashing without agreement lawmakers parliament upper house said the house lords eu committee report brexit deal deal said thursday britain consider extending membership european union set later date leaving give government longer negotiate trade deal the overwhelming weight evidence suggests deal would worst possible outcome uk terms economy security environment citizens rights said michael jay member lords eu committee former head britain diplomatic service britain prime minister theresa may hopes progressing brexit talks collapsed last minute monday northern irish allies denounced proposed offer border ireland may found difficult come formula satisfies eu member ireland wants avoid creation hard border northern ireland dup party says british province must quit eu terms rest uk with clock ticking march exit date report says biggest risk factor may trade deal shortage time despite scepticism brussels tight timetable may chief negotiator david davis clear want full free trade deal sealed time britain leaves while support david davis ambition secure comprehensive agreement march almost nobody outside government thinks possible jay said worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: No Brexit deal worst-case scenario for Britain: Lords committeeLONDON (Reuters) - Britain will fail to agree a free trade deal with the EU before it plans to leave the bloc in 2019 and should seek a transition period to avoid a worst-case scenario of crashing out without an agreement, lawmakers from parliament s upper house said. The House of Lords EU committee s report  Brexit: deal or no deal  said on Thursday Britain should consider extending membership of the European Union or set a later date for leaving to give the government longer to negotiate a trade deal.   The overwhelming weight of evidence suggests that  no deal  would be the worst possible outcome for the UK, in terms of the economy, security, the environment and citizens  rights,  said Michael Jay, a member of the Lords EU committee and former head of Britain s diplomatic service. Britain s Prime Minister Theresa May s hopes of progressing the Brexit talks collapsed at the last minute on Monday as her Northern Irish allies denounced a proposed offer on the border with Ireland. May has found it difficult to come up with a formula that satisfies both EU member Ireland, which wants to avoid creation of a  hard  border, and Northern Ireland s DUP party, which says the British province must quit the EU on the same terms as the rest of the UK. With the clock ticking down to the March 2019 exit date, the report says the biggest risk factor that there may be no trade deal is the shortage of time. Despite scepticism in Brussels over the tight timetable, May and her chief negotiator David Davis have been clear they want to have a full post-Brexit free trade deal sealed by the time Britain leaves.   While we support David Davis  ambition to secure a comprehensive agreement by 29 March 2019, almost nobody outside the Government thinks this will be possible,  Jay said. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: no brexit deal scenario britain lords committeelondon reuters britain fail agree free trade deal eu plans leave bloc seek transition period avoid scenario crashing without agreement lawmakers parliament upper house said the house lords eu committee report brexit deal deal said thursday britain consider extending membership european union set later date leaving give government longer negotiate trade deal the overwhelming weight evidence suggests deal would worst possible outcome uk terms economy security environment citizens rights said michael jay member lords eu committee former head britain diplomatic service britain prime minister theresa may hopes progressing brexit talks collapsed last minute monday northern irish allies denounced proposed offer border ireland may found difficult come formula satisfies eu member ireland wants avoid creation hard border northern ireland dup party says british province must quit eu terms rest uk with clock ticking march exit date report says biggest risk factor may trade deal shortage time despite scepticism brussels tight timetable may chief negotiator david davis clear want full free trade deal sealed time britain leaves while support david davis ambition secure comprehensive agreement march almost nobody outside government thinks possible jay said worldnews