UK PM Johnson's spokesman: Events will not affect progression of NI Protocol bill

Eren Sengezer FXStreet

British Prime Minister Boris Johnson's spokesperson said on Friday that the latest political events will not affect the progression of the Northern Ireland Protocol bill, as reported by Reuters.

"The government will continue to move ahead with already agreed policies such as Rwanda immigration flights," the spokesman added. When asked about fiscal policy, "a responsible government does need to react to emerging issues," he noted.

Market reaction

Markets remain risk-averse following these comments and the UK's FTSE 100 Index was last seen losing 0.45% on a daily basis.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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