UK's Raab says "on the cusp" of a deal with the EU over Northern Ireland

Dominic Raab was speaking in an interview on UK TV, BBC.

Raab is UK Deputy Prime MInister and Lord Chancellor (Sec State Justice).

• Said that "great progress" has been made in negotiations with the European Union.
• "We're on the cusp, we've made great progress, we're not there yet ...
• "I think it would mark a paradigm shift first and foremost for the communities in Northern Ireland, but I think it would be a significant achievement."

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The background to this, in case you've been on holiday for many, many years is that the UK wants to change the Northern Ireland Protocol. This current agreement is with the EU, it sees certain goods checked when entering from the rest of the UK.

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The market will view this as a GBP GBP The Great British pound (GBP) or pound sterling is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, Gibraltar, South Georgia, and other pacific territories.The GBP is currently the fourth most-traded currency worldwide in forex markets after the US dollar, euro, and Japanese yen.As the oldest currency in continual use, the GBP holds great weight on the world market and is also the fourth largest reserve currency.The Bank of England (BoE) is the central banking auth The Great British pound (GBP) or pound sterling is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, Gibraltar, South Georgia, and other pacific territories.The GBP is currently the fourth most-traded currency worldwide in forex markets after the US dollar, euro, and Japanese yen.As the oldest currency in continual use, the GBP holds great weight on the world market and is also the fourth largest reserve currency.The Bank of England (BoE) is the central banking auth Read this Term tailwind if Raab can bring it about.