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Scoobes said:

I don't think it's 'very likely' although still a strong possibility of 'no deal'. Grieve's amendment means that if May's deal gets voted down then parliament decides the next course of action and there's no majority for 'no deal'.

So the only options after that are ask for an extension and renegotiate (doubt the EU would want that but possible), put May's deal to another referendum (so MP's have a get out of jail card if it fucks up) or revoke article 50 (which is possible but would require more bravery than our politicians have the stomach for).

I have a feeling that what they'll do is revoke article 50 and then reissue it almost immediately, thus effectively granting themselves a two-year extension on the process.