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Good morning from the newsroom of the Financial Times.

Today is Thursday, May 23rd, and this is your FT news briefing.

Theresa May is facing a cabinet revolt over her latest Brexit plan.

Tyson Foods might have found a way to sell beef to China without getting slammed with tariffs.

And a US federal judge rejects President Donald Trump's effort to prevent his bank records

being subpoenaed. Plus Deutsche Bank is set to hold its annual general meeting today.

The F.T.'s Stephen Morris breaks down the four key issues shareholders are expected to grow management on.

I'm Mark Filipino, and here's the news you need to start your day. Time is running out for Theresa May. The UK Prime Minister put forward

her latest Brexit proposal on Tuesday, one that included a fourth Brexit deal vote in June and a possible

second EU referendum. But by Wednesday, it was clear she did not have the backing of several cabinet ministers and MPs.

Eurosceptic Tori Mark Frensoe referred to Mrs. May's Brexit deal as, quote,

dead on arrival.

And now the focus at Westminster is on the timing of Mrs May's departure.

It's expected in days, not weeks.

To top off a tough day for the PM, leader of the House of Commons, Andrea Ledsum, resigned.

She said she could no longer accept Mrs. May's Brexit deal.

Earlier on Wednesday, Mrs. May made a plea to the Commons.

In time, another Prime Minister will be standing at this dispatch box.

But while I am here, I have a duty to be clear with the House about the facts. If we are going to

deliver Brexit in this Parliament we are going to have found itself a work around to deal with the costly effects of the

...