British Prime Minister Rishi Sunak looks on outside Number 10 Downing Street, in London, Britain, January 25, 2023.
LONDON — British Prime Minister Rishi Sunak on Monday signed a new trade deal with the European Union designed to remedy problems caused by the Northern Ireland Protocol.
European Commission President Ursula von der Leyen added that the framework "respects and protects our respective markets and our respective legitimate interests.
Sterling hit a session high of $1.2051, up 0.9%, shortly after the announcement.
He said lawmakers would get to vote on the new agreement "at the appropriate time," adding that vote will be "respected."