Pound up after Theresa May wins Tory confidence vote

The pound has reacted positively after Theresa May saw off a Tory vote of confidence in her leadership - but wobbled when the size of her majority became clear.Sterling has had a rocky ride this week amid the growing political crisis over Brexit, with sharp falls first focused on the delayed parliamentary vote on the PM's Brexit deal with Brussels.It later fell further - to fresh 20-month lows of $1.2475 - when confirmation came early on Wednesday that there was enough support among Conservative