Lidington insists cabinet united despite some voting against Brexit delay

UK unprepared for Brexit

The following night, 13 ministers broke ranks and voted to take No Deal off the table.

Unless an agreement is made, Britain is still at legal default to depart from the bloc on March 29.

He said without that the prime minister "will not find our support for a deal". This means that May must apply for an extension to Article 50, which is the transition plan enacted by any member state that wants to withdraw from the EU.

Speaker of the House John Bercow was criticised by a number of Conservative Brexiter MPs for not selecting any of the amendments which would categorically rule out a second referendum; although, as he pointed out, any MPs strongly opposed to a second referendum could vote against Amendment H without difficulty.

Downing Street sources denied that Mrs May had lost control of her Cabinet or her party, insisting that the results were a "natural consequence" of her decision to offer a free vote on an issue where many hold strong views.

As aforementioned, following the reveal of the news of averting a no-deal disaster, the British currency space-dived, surging to a nine-month high of $1.3380, with a record intra-day gain of more than 2 percent, which had also opened up an opportune moment to break potential levels and to reach $1.35-1.36 levels in a near-term outlook.

What has happened so far?

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Mrs May is expected to give MPs another - third - chance to vote on the deal she agreed with the European Union, on Tuesday next week.

This week has been seen MPs vote three times, firstly for the latest deal on the table (which failed), then whether the United Kingdom should leave the European Union without a deal (which also failed), and finally whether the Prime Minister should ask the European Union for an extension to Article 50.

May will attend the EU Council summit where she will ask for Article 50, the two-year withdrawal process, to be extended.

Still, Mrs May has an arduous task ahead.

The motion called for a three-month delay to Brexit - or a potentially much longer one, if parliament does not back the prime minister's deal next week.

Professor Marc Stears, director of the Sydney Policy Lab at the University of Sydney and former chief speechwriter to Britain's Labour Party, said: "Mrs May's position ought to be very weak. The Prime Minister is not going to extend Article 50".

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