The Boris Bounce helps sterling and stock market following UK election

The Prime Minister returns from Buckingham Palace Credit: UK Prime Minister Twitter

ALTHOUGH things can reverse rapidly, as soon as the exit poll results were released at 10pm on the night of Thursday December 12 showing a probable massive Conservative majority the pound started to jump and by the following morning stood at just under €1.20 to £1.

Shares also rose when the stock exchange in London opened the next day and it seems that investors are expecting great things (at least in the short term) from a more or less certain Brexit which will allow business to plan sensibly ahead.


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