UK PM Johnson: Will have to take steps unless we see progress on N. Ireland protocol

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British Prime Minister Boris Johnson said on Wednesday that unless they see progress on the Northern Ireland protocol, they will have to take steps to make sure post-Brexit trade between Britain and N. Ireland is uninterrupted, as reported by Reuters.

 “I can say that unless we see progress on the implementation of the protocol, which I think is currently totally disproportionate, then we will have to take necessary steps,” Johnson told parliament.

Market reaction

These comments don’t seem to be having a significant impact on the British pound’s performance against its rivals. As of writing, the GBP/USD pair was up 0.25% on a daily basis at 1.4115.

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