Sky News cited sources as saying the Downing Street press office had made the earlier announcement of a deal "in error". That calculation backfired spectacularly on Thursday as voters stripped the Conservatives of their parliamentary majority.
May's two closest advisers, Nick Timothy and Fiona Hill, both resigned on Saturday.
With Home Secretary Amber Rudd, Brexit Secretary David Davis, and Defence Secretary Sir Michael Fallon all retaining their posts, there was speculation any reshuffle could be limited to replacing the eight ministers who lost their seats in the election. The prime minister can not risk anyone resigning in anger. A senior Conservative lawmaker, Gavin Williamson, was in Belfast for talks with the party on Saturday, a spokeswoman for May's office said.
The change may help to quell some of the unrest within the party.
Speaking earlier today, Soubry reiterated her position to Sky News stating that the Prime Minister's position was "untenable in the long term".
"Discussions will continue next week to work on the details and to reach agreement on arrangements for the new Parliament", said the DUP, which generally refuses on religious grounds to hold political discussions on Sundays. May, considered to be aloof and surrounded by a small circle of advisers to the exclusion of many even from among her own party.
"I asked for a categoric assurance that if any deal or scoping deal was done with the DUP there would be absolutely no rescission (repeal) of LGBTI rights in the rest of the United Kingdom, and that we would use any influence that we had to advance LGBTI rights in Northern Ireland".
SNP leader and First Minister Nicola Sturgeon said it had been a disappointing night for her party, which lost seats to the Conservatives, Labour and the Liberal Democrats.
A disorderly Brexit with no deal would spook financial markets, tarnish London's reputation as one of the world's top two financial centres and sow chaos through the economies of Britain and the European Union by dislocating trading relationships. "That's not a matter for me", she said.
He stressed he did not share their ultra-conservative views on issues such as abortion and homosexuality, which have caused disquiet among many Conservatives. She's then got to present a programme to Parliament. The main opposition Labour Party surpassed expectations by winning 262.
Stormy clouds surround Big Ben in Westminster, central London, Britain, June 9.
"What the country needs more than ever is certainty, and having secured the largest number of votes and the greatest number of seats in the general election, it is clear that only the Conservative and Unionist party has the legitimacy and ability to provide that certainty by commanding a majority in the House of Commons", she said.
Not to mention they have quite a number of party members who don't believe in climate change or even dinosaurs, which is amusing considering that the party are widely referred to as dinosaurs back home. "It's just how long she's going to remain on death row", former Conservative finance minister George Osborne, who was sacked by May when she became prime minister previous year, told the BBC.
And almost 24 hours after polls closed across the country, Labour finally took the central London seat of Kensington after three recounts, meaning the final tally remained at 318 seats for the Conservatives and 262 for Labour.
The Times newspaper's front page declared that Britain was "effectively leaderless" and the country "all but ungovernable".
The arrangement with the DUP will make governing easier, but it makes some Conservatives uneasy.