You may read the entrails differently, but it looks much more likely to me the UK will be locked out of the room with a no-deal the only thing on the table unless they come back with something sensible.

I don't think that will happen. If there's 'no deal' then we walk away with WTO regulations, no extended period for the changeover, no payment of £39bn to leave. Do you honestly believe that the EU will let it come to that?

Personally I see that range of options as quite appealing compared with some of the alternatives. "No deal is better than a bad deal".