Brexit (ICYMI): UK govt says it won't have trade deals with most non-EU countries by March 29

This via the Financial Times overnight ICYMI, a warning on what to expect on the Brexit due date of March 29

• UK government says cannot guarantee "most" of the EU's global network of trade agreements immediately after Brexit
• That is even if parliament approves PM May's deal with Brussels

So says the Department for International Trade:

• UK will fail to conclude trade deals with most non-EU countries by the scheduled Brexit date of March 29
• trade agreements with Switzerland, Israel and some African nations would be finalised, but no certainty that other deals Brussels has could be rolled over or duplicated in time

Here is the link to the FT piece for more, may be gated

• Business expresses fury at UK failure to roll over EU trade deals

I can't see that this will come as a surprise to anyone who has at least some inkling of the mess this is.