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The top stories are listed below. These articles have not been verified by Reuters, and we cannot guarantee their authenticity. Headlines British Prime Minister Boris Johnson has indicated that the post-Brexit trade arrangement with Northern Ireland will be scrapped. To keep inflation under control, the Bank of England will have to boost rates to 2.5 percent next year. The Unite trade union has been denied recognition by the UK Financial Conduct Authority. The government of British Prime Minister Boris Johnson is on a collision course with the European Union after announcing plans to abandon post-Brexit trading agreements for Northern Ireland next week. According to the National Institute of Economic and Social Research, the Bank of England will need to hike interest rates to 2.5 percent and maintain them there until the middle of the decade to bring surging inflation under control. Labour union Unite failed to secure the right to formally represent workers at Britain’s Financial Conduct Authority, just days after calling the first strike to hit the watchdog since its formation nine years ago.
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