Pound surges as Johnson set for large parliamentary majority
Sterling surged on Thursday and hit its strongest against the euro since shortly after the 2016 Brexit referendum after an exit poll indicated Prime Minister Boris Johnson's Conservative Party was on course for a big parliamentary majority.Investors, chastened by 3-1/2 years of political uncertainty in Britain, have seized on the likelihood of a decisive Conservative majority, believing it will allow Johnson to push ahead with getting Britain out of the European Union at the end of January."Just
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