UK PM spokesman: Government is working intensively to resolve Irish backstop

Haresh Menghani FXStreet

The UK PM spokesman, James Slack was out on the wires in the last hour, saying that the position of EU backstop proposal is unacceptable and that the government is working intensively to resolve Irish backstop.

Additional quotes:

• Raab is to update Cabinet weekly on Brexit deal, no-deal scenarios.
• Reaching a Brexit deal is still the most likely outcome.
• Continues to believe that the UK can secure a deal that all lawmakers can support.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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