British newspaper The Times reported yesterday that senior EU officials and other European leaders told British Prime Minister Theresa May that "conditions for an extension to the Article 50 exit process would include the option of a second vote on EU membership".
Mrs May will also look to get her deal passed through the House of Commons again, with plans to hold another vote next week.
The vote came after May's plan to exit the European Union was also rejected with only 17 days before the Brexit due date.
'The market has already shifted significantly to price out a no-deal Brexit, ' BNP analysts said.
The Unionists rejected Mrs May's Brexit deal this week over continued legal wrangling about the Irish backstop.
"While an extension of Article 50 is now inevitable, responsibility for that extension lies exclusively and squarely at the Prime Minister's door", he said.
"No deal denied, Article 50 extended. Parliament must now take control of the situation".
The past week's votes have exposed divisions in the UK's two largest parties.
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"Let us, as a House of Commons, work now to find a solution to deal with the crisis facing the country and the deep concerns that many people have for their livelihood, for their lives, their future, their jobs, their communities and their factories", he said. "That is what we were elected to do", Corbyn added.
If the vote is successful then she can ask for a "short technical extension" to Article 50.
The MPs were expected to vote on an extension of the Article 50 on Thursday, potentially delaying Brexit until May or later.
MPs James Heappey and Dr Liam Fox voted against delaying Article 50 - which says the United Kingdom will leave the European Union on March 29.
Professor Iain Begg, of the European Institute and co-director of the Dahrendorf Forum at the London School of Economics and Political Science, said: "EU agreement is likely, but the EU side will want reassurance that the extension is for a goal, not just to permit further procrastination by the UK".
Guy Verhofstadt was tweeting after MPs voted to delay Brexit beyond March 29 in parliamentary scenes which saw the Conservative Party split down the middle. The EU is prepared for both.
Steve Barclay voted against a motion tabled by the government, even though he had spoken in favour of it at the dispatch box just minutes earlier.
The Cheshire MP, who resigned as Work and Pensions Secretary over the deal four months ago, said Leaver MPs will "have to think a different way" when the Prime Minister's European Union divorce returns to the Commons next week.
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