UK Prime Minister Theresa May said in the CBI annual conference that her Brexit agreement is ” a good one for the UK” as it “fulfils the wishes of the British people as expressed in the 2016 referendum”. And she emphasized the outcomes” she wanted to deliver.

Those include “Control over our borders, by bringing an end to free movement, once and for all”; “Control of our money, so we can decide for ourselves how to spend it, and can do so on priorities like our NHS”; “Control of our laws, by ending the jurisdiction of the European Court of Justice in the United Kingdom and ensuring that our laws are made and enforced here in this country.”

UK CBI President John Allan said in the group’s annual conference that even though Prime Minister Theresa May’s Brexit deal is “not perfect”, it “opens a route to a long-term trade arrangement, it unlocks the transition period – the very least that companies need to prepare for Brexit”. And more importantly, he emphasized that ” it avoids the nightmare scenarios a no-deal departure, which would be a wrecking ball for our economy.”

The group’s Direct General Carolyn Fairbairn complained that “Westminster seems to be living in its own narrow world, in which extreme positions are being allowed to dominate.” And, “the result is a high-stakes game of risk, where the outcome could be an accidental no-deal.” She also acknowledged that May’s deal is “not perfect” but a “compromise”, a “hard-won progress”. She urged that “this is not a time to go backward”.

UK Prime Minister Theresa May warned yesterday that “a change of leadership at this point isn’t going to make the negotiations any easier “. Instead she added “what it will do is mean that there is a risk that actually we delay the negotiations and that is a risk that Brexit gets delayed or frustrated.” May also emphasized that “these next seven days are going to be critical, they are about the future of this country”. And she pledged not to be “distracted from the important job.”

May is also expected to reiterate the same message in a speech to the CBI’s annual conference today. According to advance extracts, May would say “We now have an intense week of negotiations ahead of us in the run-up to the special European Council on Sunday (Nov 25).” And, “during that time I expect us to hammer out the full and final details of the framework that will underpin our future relationship and I am confident that we can strike a deal at the council that I can take back to the House of Commons.”

As confirmed by Graham Brady, chair of the 1922 Committee, the number of requests for no-confidence vote on Prime Minister Theresa May haven’t met the threshold of 48 yet. He added, “if a threshold were to be reached I would have to consult with the leader of the party the Prime Minister.” And he expected the “whole thing” to be an “expeditious process”, if it happens.

Also, Brady predicted even if there is a leadership challenge, May is going to win it. He said “it would be a simple majority, it would be very likely that the Prime Minister would win such a vote and if she did then there would be a 12-month period where this could not happen again, which would be a huge relief for me because people would have to stop asking me questions about numbers of letters for at least 12 months.”

However, Brady is also dissatisfied with the May’s Brexit deal and branded it as “tricky”. He predicted that “it certainly doesn’t look like the current agreement will get through [the Commons] unless either the agreement changes or the statement of the political declaration, the future relationship, gives considerably stronger grounds for optimism a bout the nature of the final deal.”

UK Prime Minister Theresa May’s spokesman said today that there is “strong support from the business community in recent days” for her highly criticized Brexit draft agreement. Meanwhile, May is expected to appoint another Brexit minister, rather than getting rid of the department. But at the same time, it’s also reported that May will face a no-confidence vote as soon as next Tuesday as Conservatives gather 48 written requests.

So far, 19 Conservative MPS have made public their requests. ERG leader Jacob Rees-Mogg led the way. Others include Henry Smith, Sheryll Murray, Anne Marie-Morris, Lee Rowley, Steve Baker, Simon Clarke, James Duddridge, Andrea Henkyns, Andrew Bridgen, Philip Davies, Peter Bone, Nadine Dorries, Martin Vickers, Adam Holloway, John Whittingdale, Laruence Robertson, Mark Francois and Maria Caulfield. And of course, there are those tho haven’t made the request public.

Former Brexit Minister David Davis, the one before resigned Dominic Raab, criticizes that PM Theresa May’s Brexit agreement is a “dreadful deal” that is “”very, very favourable” to the EU. And, “It really does not fly by any measure, it doesn’t meet the requirements of the people, it’s not what they voted for, it doesn’t meet the requirements of the Conservative manifesto.”

And he predicts that the agreement will be rejected by the House of Commons. Then, the government will have to come up with an alternative. And, May “will have to go back to renegotiate”.

Sterling recovers mildly today but remains the weakest one for the week on political turmoil in the UK. Four ministers, including Brexit Minister Dominic Raab resigned in protest to Prime Minister Theresa May’s draft Brexit agreement. But May insisted in a press briefing that “I believe with every fibre of my being that the course I have set out is the right one for our country and all our people.” She added that “I am going to do my job of getting the best deal for Britain and I’m going to do my job of getting a deal that is in the national interest.”

ERG leader Jacob Rees-Mogg has formally requested a no-confidence vote on May. And for now, at least 14 Conservative MPs had openly said they had joined in the call. Four-eight letters are needed to trigger a leadership challenge. May’s response regarding the challenge was “Am I going to see this through? Yes.”

Even if May can survive the leadership contest, it remains very doubtful if she can get enough votes through the parliament. Conservative Brexit-supporting MP Mark Francois, put it this way. “It is … mathematically impossible to get this deal through the House of Commons. The stark reality is that it was dead on arrival.”