I will make my point and then I will give way.
No deal would be a miserable failure. As the Chancellor said last week, no deal would be a very, very bad outcome indeed, but it is what happens automatically on 29 March 2019 if we do not reach agreement—we will be gently pushed over a cliff. Threatening to jump does not kid anyone. No deal means no agreement at all—no agreement on trade, no agreement on security and no arrangements for passing on information, because that is all done according to an EU framework.