Theresa May vows to stick to Brexit deal as opponents seek formal challenge
Live MintLondon: British Prime Minister Theresa May vowed on Monday to stick to her contentious draft European Union divorce deal as dissenting lawmakers in her own party tried to trigger a leadership challenge. “We have in view a deal a that will work for the UK and, let no one be in any doubt, I am determined to deliver it,” May said in a speech to Britain’s premier business lobby, the CBI, which drew loud applause. CBI President John Allan said such a Brexit would be a “wrecking ball” for Britain’s economy while CBI Director-General Carolyn Fairbairn said politicians playing a high-stakes game that could lead to an accidental ‘no-deal’ departure. Corbyn, who has said his party will oppose May’s deal in parliament, was due to say Labour’s plan for Brexit would include a new, comprehensive and permanent customs union, and a “strong single-market relationship”.