The 'Last Chance' Brexit Vote Just Failed, Too

Third time's the charm? Nope. The British Parliament rejected a Brexit plan from Prime Minister Theresa May for the third on Friday. May had presented this one as a "last chance" for lawmakers to agree to her strategy on how the UK should exit the European Union. So now what? Britain must present an as-yet undetermined "new way forward" to the EU by April 12, reports the Washington Post. Friday's vote, however, raises the odds that the UK might leave the bloc with no plan at all in place, which could lead to market chaos. Another possibility: Brexit won't happen at all.

"The implications of the House's decision are grave," said May after the vote of 344-286 to reject the plan. May told lawmakers it should be a "matter of profound regret" that "once again we have been unable to support leaving the European Union in an orderly fashion," per the AP. The EU, meanwhile, has scheduled a summit for April 10 to assess its own next steps in the matter. An EU official said the other 27 EU nations are "fully prepared for a no-deal scenario at midnight 12th of April." (More Brexit stories.)