Boris Johnson says it’s time to “get ready” for the prospect of no free trade deal with the EU on 1 January.

The prime minister Boris Johnson claimed Brussels had “abandoned” the ambition but insisted “we always knew there would be change” next year once the tradition period ends “whatever type of relationship we had”.

Speaking from number 10 after an EU summit both sides said was the deadline for hammering out a trade deal, Mr Johnson said it looked like the country was heading for what he called “the Australian solution”.

He suggested he is not completely walking away from negotiations, adding: “What we’re saying to them is come here, come to us, if there’s some fundamental change of approach.”