KEY POINTS
  • Brexit has stepped up a gear this week with British Prime Minister Theresa May reportedly ready to rule out a "no-deal" Brexit to stave off a mutiny by her government ministers.
  • Labour has also said it is ready to support a motion for another Brexit referendum.
Pro-EU supporters outside the British Parliament buildings in London on Dec. 12, 2018. 

British Prime Minister Theresa May has promised U.K. lawmakers a vote on delaying the U.K.'s exit from the European Union, if her Brexit divorce agreement is rejected again next month.

May made a statement to MPs Tuesday afternoon, saying they will be given a chance to vote on a no-deal Brexit or delaying the U.K.'s departure. These votes will only come if they reject her withdrawal deal at a vote on March 12.