Brexit skeptics fear a "no-deal" scenario would instantly leave Britain without a whole host of necessary systems to trade and deal with Europe, resulting in food and medicine shortages, airport chaos, immigration crises, and any other number of headaches. "The deal is so rotten we were right to vote it down, and come what may we will continue to do so", Baker said.
Hopes of a deal rose overnight after a last-ditch mission to Strasbourg by Mrs May to secure concessions that she hoped would avert a second heavy defeat in two months.
The Government is expected to whip against it, and Theresa May confirmed she would not support it. However, EU officials have said that while they might consider a delay, they won't make any further concessions to the agreement.
In his Spring statement, he told MPs: "The uncertainty that I hoped would be lifted last night still hangs over it [economy] and we can not allow that to continue".
However, she also said that "the options before us are the same as they always have been", reiterating that voting for a deal is the only way of avoiding no deal.
Farage - a staunch Brexit supporter - expressed his opposition to the deal, saying it would not support the UK's best interests.
Speaking moments after the vote, Mrs May accepted there was a "clear majority" against no-deal in the Commons.
It is also now set in the UK's European Union (Withdrawal) Act 2018, which cancels the operation of EU law in the United Kingdom, as being the date of "exit day" (this would have to be amended if there is an agreement to extend).
"I believe we have a good deal", May said.
"Therefore, the House has to understand and accept that, if it is not willing to support a deal in the coming days, and as it is not willing to support leaving without a deal on 29 March, then it is suggesting that there will need to be a much longer extension to Article 50". "This House will have to answer that question". On Monday night, May had held a late-night press conference with the European Commission President, Jean-Claude Juncker, where she triumphantly said the E.U. had agreed to a legally binding change on the "backstop", a key sticking point of the plan among critical lawmakers.
Supporters say it allows Britain to control immigration and take advantage of global opportunities, striking new trade deals with the United States and others while keeping close links to the European Union, which, even without Britain, would be a single market of 440 million people.
The EU said there would be no more negotiations with London on the Withdrawal Agreement, struck with Mrs May after Two-and-a-half years of negotiations.
The vote was a second attempt for May to gather the approval of Parliament on the terms by which Brexit will occur. For the Conservative Party parliamentarians, that vote will not go along party lines, May said.
She had offered MPs a vote against a "no deal" option after they rejected her plan on Tuesday, but her proposal made clear this remained the default option.
Labor Party leader Jeremy Corbyn said May's negotiations failed and called on lawmakers to reject the deal, again.