Well the definitive thing about 31 Dec/1 Jan is that concessions/rates etc are scrapped and advantages/disadvantages of being in the EU have gone if deals are not made.
That's what Brexit is all about.
In setting out the framework of the future relationship between the Union and the United
Kingdom, this declaration confirms, as set out in the Withdrawal Agreement, that it is the
clear intent of both Parties to develop in good faith agreements giving effect to this
relationship and to begin the formal process of negotiations as soon as possible after the
United Kingdom's withdrawal from the Union, such that they can come into force by the end
I wasnt aware the 31st December had past. Where did christmas go? I sometimes wish they would end a football game after 60 minutes or a horse race with 3 furlongs left but no you have to go the full stretch. The last time I checked the calendar the deadline hadn’t past.
Not to mention rumours that some in Brussels wouldn’t mind a period of no deal to concentrate minds and bring every back to the table. That doesn’t seem to get mentioned much though surprisingly
The interesting thing about going the ‘democratic vote’ route:
48% voted to stay therefore, by definition, being happy with a trade deal
52% voted leave on the basis we would get a deal
100% of those who voted wanted a deal