If MPs vote for no deal, the UK will leave on March 29 without a deal, automatically reverting to World Trade Organisation trade rules.
This is the route backed by Boris Johnson who said on Tuesday that the Prime Minister’s Brexit deal had reached the end of the road and that Britain should now leave the bloc without an agreement.
Mr Johnson said that while this would be more difficult in the short term, in the end it would be “the only safe route out of the abyss and the only safe path to self respect”.
2. Extension of Article 50
After Tuesday’s meaningful vote, the Prime Minister announced that if MPs strike down no-deal on Wednesday, then a vote on extending Article 50 will be voted upon on Thursday.
If MPs support this motion, Theresa May will formally ask European leaders for the Article 50 process to be extended. The EU27 must then unanimously agree to her request.
The length of any extension is, as yet, unknown.
In her statement laying out the possibility of seeking an extension Mrs May said: “Let me be clear. Voting against leaving without a deal and for an extension does not solve the problems we face.