UK Hunt warns of no Brexit, EU urges a clear decision

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European Commission spokesman Margaritis Schinas said Monday that "no further meetings at political level are scheduled", but that the EU is "open and willing" to hold talks with the any time.

Downing Street sources warned that the talks are now "deadlocked" after the Prime Minister spoke to European Commission President Jean-Claude Juncker over the phone.

Ireland's deputy prime minister says United Kingdom leader Theresa May is set to hold last-minute talks with European Union leaders to try to save her foundering Brexit divorce deal.

In her weekend opinion piece, Kramp-Karrenbauer also said a joint European Union innovation budget should fund new technologies, tax loopholes should be closed in the bloc and a digital tax introduced based on an Organisation for Economic Co-operation and Development (OECD) model.

With talks in Brussels making little progress, Downing Street was trying to limit the damage of what threatens to be a disastrous week for Mrs May, with the prospect of multiple defeats looming in the Commons.

"The negotiations are ongoing". The exact vote format was not immediately clear.

Sterling fluctuated Monday morning with traders reacting to various media reports ahead of a series of crunch Brexit votes this week.

"If she comes forward with a process on Thursday, then that would be a way forward ... but if she doesn't that is when we will be looking at possible amendments or other approaches ... to make sure you can get indicative votes", Cooper said at her speech at the Centre for European Reform. USA equity futures were mostly flat and European stocks are mainly playing catch up to Friday's price action.

Otherwise, she said, Brexit might never happen and voters would be betrayed. A vote scheduled for Thursday would decide whether to ask the European Union to delay Britain's departure by up to three months.

The backstop would keep the whole United Kingdom in a customs union with the EU in order to keep the land border between the UK's Northern Ireland and the Republic of Ireland free-flowing.

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Britain can not accept Michel Barnier's proposal to break the deadlock in the Brexit talks because it would risk the unity of the United Kingdom by treating Northern Ireland differently, the chairman of the ruling Conservative Party said.

"It is now for the House of Commons to take an important set of decisions this week", Schinas said.

"No one is looking to trap anyone anywhere".

"We are 24-hours away from May's supposed "meaningful" Brexit vote and the rumour is that (she) could lose this vote by a wider margin than the last one", said Oanda analyst Dean Popplewell.

However, "Parliament could choose to hold another vote of no confidence in her government, which they did after the last meaningful vote", said Maddy Thimont Jack, a researcher at the Institute for Government in London.

He also retweeted a statement that Tory MPs would consider May to be "toast" if she tried to pull the votes.

"It is inevitable this unchanged withdrawal agreement will be voted down again", two senior Brexit-supporting MPs, Conservative Steve Baker and Nigel Dodds of the Democratic Unionist Party (DUP), both warned yesterday in a joint newspaper article.

The British pound sank Monday to a near three-week low under $1.30, as traders fretted over Brexit on the eve of another critical parliamentary vote for Prime Minister Theresa May.

If lawmakers reject May's deal on Tuesday, she has promised to let them vote the next day on whether to leave without a deal on March 29. If the deal is rejected again, they will be able to vote on whether to leave without a deal or to delay the date of departure.