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UK and EU leaders clinch a deal in the first phase of negotiations on Britain's exit from the European Union - but is it still too soon for the business community to breathe easy?

Ed Butler gets the view of Paul Drechsler, president of the Confederation of British Industry. Meanwhile British Conservative MP Theresa Villiers says whether eurosceptics such as her are willing to accept the compromises extracted by Brussels from Prime Minister Theresa May. Charles Grant, director of London-based think tank the Centre for European Reform, says it's a huge climb-down for the British government.

(Picture: British Prime Minister Theresa May and European Commission President Jean-Claude Juncker; Credit: Emmanuel Dunand/AFP/Getty Images)