British stock market surges on Conservatives' strong election result

By Sudip Kar-Gupta LONDON (Reuters) - Britain's stock market surged higher on Friday after initial election results showed that Prime Minister David Cameron's Conservatives were set to govern for another five years. The blue-chip FTSE 100 index rose 1.6 percent to 6,995.25 points in early session trading, within touching distance of the record high of 7,122.74 points reached last month. The FTSE 250 mid-cap index also hit an all-time high as the election results came through, setting t