Cryptic crossword clue
Like a hopeless situation currently at home 2-3

The most common and most likely answer to this crossword clue is the 2 plus 3 letter word NO WIN

I've seen this crossword clue in Financial Times
N
O
W
I
N

Buddy explains!

The straight part
We know that "Like a hopeless situation" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case like a hopeless situation = no win.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does NO WIN mean?

NO WIN adjective
  1. Bound to end in failure.

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