The British Telegraph reports that Rishi Sunak has been forced to “pause” his agreement on the Northern Ireland protocol amid a violent reaction from senior conservative and unionist officials.
“The Prime Minister had hoped to unveil the plans on Monday before presenting them to the Commons on Tuesday, but it is understood the move will be delayed.“says the article.
“On Sunday, its officials engaged in talks with their Brussels counterparts on how to give Northern Ireland politicians a greater say in the implementation of EU lawafter senior Democratic Unionist Party (DUP) officials warned the deal “wouldn’t fly” as long as it accepted the EU Court’s rule.”
The data has called into question sentiment from a Bank of England that it may not need more aggressive monetary policy and stop raising rates in March. Money markets have been pricing an interest rate high of 4.55% for September, compared to 4.69% prior to the Consumer Price Index (CPI) data.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
