Sterling pares back some of earlier gains after Northern Ireland’s DUP said it won’t support UK Prime Minister Boris Johnson’s new Brexit deal. In a statement, DUP said: “Following confirmation from the Prime Minister that he believes he has secured a ‘great new deal’ with the European Union the Democratic Unionist Party will be unable to support these proposals in Parliament.:
It added: “these proposals are not, in our view, beneficial to the economic well-being of Northern Ireland and they undermine the integrity of the Union…. it is our view that these arrangements would not be in Northern Ireland’s long term interests.”
