Parliamentarians rejected all four alternatives to the Prime Minister’s withdrawal agreement raising the prospect of Britain leaving the European Union without a deal.

The UK is set to leave the block without an agreement in just 11 days time and tonight’s vote has increased uncertainty for businesses.

Following the announcement of the indicative votes the Pound crashed after trading at 1.311 against the US Dollar to 1.305.

Meanwhile sterling also collapsed against the euro falling from 1.1780 to 1.1638.

The pound/euro exchange rate had surged earlier this evening after MPs ramped up support behind staying in the Customs Union.

The proposal from Europhile Tory grandee Kenneth Clarke for a customs union arrangement with the EU was rejected by only three votes.

Whilst and amendment for a second referendum was defeated by 12 votes.

Meanwhile a Norway-style deal put forward by Nick Boles by also narrowly defeated by a majority of 21.

Following the result Brexit Secretary Steve Barclay was unable to provide any certainty for market as the Government ponders what to do next.

Mr Barclay told MPs: “This House has continuously rejected leaving without a deal, just as it has rejected not leaving at all.

“Therefore the only option is to find a way through which allows the UK to leave with a deal. The Government continues to believe that the best course to take is to do so as soon as possible.”

Labour leader Jeremy Corbyn described the result as “disappointing” and called for the votes to happen again for third time to find a solution to the Brexit impasse.

The leader of the opposition said: “It is disappointing that no solution has won a majority this evening.

“But I remind the House the Prime Minister’s unacceptable deal has been overwhelmingly rejected three times.

“The margin of defeat for one of the options tonight was very narrow indeed and the Prime Minister’s deal has been rejected by very large margins on three occasions.

“If it is good enough for the Prime Minister to have three chances at her deal, then I suggest that possible the house should have a chance to consider again the options we had before us today in a debate on Wednesday so the house can succeed where the Prime Minister has failed in presenting a credible economic relationship with Europe for the future that prevents us crashing out with no deal.”