Daily Report
Daily Report: 10th June 2022
GBP The pound has been sold in early trading after Reuters reported that the government will present legislation to Parliament on Monday to unilaterally revise the post-Brexit trade arrangements for Northern Ireland. Foreign Secretary Liz Truss is expected to table the controversial legislation after a Cabinet committee signed it off on Wednesday, despite reports of concerns from Chancellor Rishi Sunak and Senior Minister Michael Gove. The European Union has made clear that such a move would represent a breach of international law and would prompt retaliatory action from the bloc. Sterling’s fortunes against the dollar on the [...]
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