Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
if the talks break down completely there is no reason why the UK should even wait until March 2019 to leave the EU. A no deal Brexit can happen in January 2018 as easily as March 2019. Of course industry will scream.
They will not only scream. They will be destroyed. I also don't think this is right. The UK would be breaching all its treaty obligations and causing economic damage to the EU and Ireland with that breach. It would possibly also find itself in a position equivalent to a mutual trade embargo with the EU. March 2019 it is.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sun Nov 19th, 2017 at 10:26:02 AM EST

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