The leader of the UK's biggest business lobby, the Confederation of British Industry (CBI) has said the country is entering a "new era" following the defeat of the government's Brexit proposal.
Speaking to the BBC, John Allan, president of the CBI, said he was reassured that the government would delay Brexit to avoid leaving the EU without a negotiated deal.
Adding that it "wasn't absolutely crystal clear" that the government could avoid that scenario, Mr Allan said he understood that there would be moves in Parliament next week which would allow the Brexit date of 29th March to be pushed back.
Prime Minister Theresa May's government faces a vote of no confidence this evening after MPs rejected the PM's Brexit deal.
Mrs May has told MPs she will return to the Commons with an alternative plan next week, provided she survives the confidence vote.
"The House has spoken and this government will listen," she said.
Meanwhile, European Council President Donald Tusk has suggested that the UK should stay in the EU, after the prime minister's Brexit deal was rejected in parliament.