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U.K. Parliament fails to find alternative to Theresa May’s Brexit plan

Click to play video: 'U.K. parliament votes against all alternative Brexit proposals a 2nd time'
U.K. parliament votes against all alternative Brexit proposals a 2nd time
WATCH: U.K. parliament votes against all alternative Brexit proposals a 2nd time – Apr 1, 2019

Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister Theresa May’s divorce deal.

After a tumultuous week in which May’s divorce strategy was rejected by lawmakers for a third time, despite her offer to quit if it passed, the future direction of Brexit remains mired in confusion.

In a bid to break the impasse, lawmakers on Monday voted on four last-minute alternative Brexit options for what is the United Kingdom’s most far-reaching policy change since World War Two. All were defeated.

READ MORE: Deal or no deal: A look at what could happen next in the Brexit saga

The option that came closest to getting a majority was a proposal to keep Britain in a customs union with the EU, which was defeated by three votes.

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A proposal for a confirmatory referendum on any deal got the most votes, but was defeated by 292-280.

Brexit minister Steven Barclay said after the results were announced that the default position was still that Britain would leave the EU on April 12 without a deal, the nightmare scenario for many international businesses.

“The only option is to find a way through which allows the UK to leave with a deal,” Barclay told parliament.

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He hinted that May could put her deal to a fourth vote this week in the hope of securing an orderly exit before European elections are held from May 23 onwards.

“If the house were to agree a deal this week, it would still be possible to avoid holding European parliamentary elections,” Barclay said.

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READ MORE: Prospect of national unity coalition government raised amid Brexit chaos

Sterling falls

Sterling fell almost 1 percent to $1.3048, after the vote results were read out by the speaker, John Bercow, to stand around 0.5 percent lower on the day.

Last Friday, the third defeat of May’s own withdrawal agreement left one of the weakest British leaders in a generation facing a spiraling crisis over Brexit.

WATCH: Donald Tusk: The fate of Brexit is in the hands of our British friends

Click to play video: 'Donald Tusk: The fate of Brexit is in the hands of our British friends'
Donald Tusk: The fate of Brexit is in the hands of our British friends

Her government and her Conservative Party, which has been trying to contain a schism over Europe for 30 years, are now riven between those who are demanding that May pilot a decisive break with the bloc and those demanding that she rule out such an outcome.

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If May were to throw her weight behind either camp, she would risk tearing her party apart and bringing down the government. Some Conservative lawmakers have warned they will support a motion of no confidence if she accepts calls for a Brexit that maintains many of the existing close economic ties with the EU.

READ MORE: Feds warn Canadians in London, U.K. to avoid potentially violent Brexit protests

Britain had been due to leave the EU on March 29 but the political deadlock in London forced May to ask the bloc for a delay. As things stand, Britain will now depart at 2200 GMT on April 12 – unless May comes up with another viable option.

WATCH: British lawmakers reject alternative Brexit divorce deals – again

Click to play video: 'British lawmakers reject alternative Brexit divorce deals – again'
British lawmakers reject alternative Brexit divorce deals – again

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