The Sun said: “Almost three years on from our historic Brexit vote, we are close to global humiliation. The EU holds nearly all the cards.

“We are staring down the barrel.”

The Daily Mail’s editorial read: “1,000 days of incompetence, betrayal and now national humiliation… how did victory turn to this?”

Asian markets mostly fell Wednesday with nervous investors keeping tabs on the Brexit saga.

Despite the turmoil, the pound continues to hold its own against the dollar.

“For now, the pound appears to be reflecting the optimism of the market that common sense will prevail,” said Michael Hewson, chief market analyst at CMC Markets UK.