£ hits 2016 high as odds stack against Brexit

London

STERLING hit a 2016 high and the euro surged against the US dollar and yen on Thursday after a series of late opinion polls favoured Britain staying in the European Union and bookmakers' odds indicated a further shift towards the "Remain" camp.

An Ipsos MORI poll for the Evening Standard, conducted on Tuesday and Wednesday, showed 52 per cent of British voters would opt to remain while 48 per cent would opt to leave. An online Populus poll showed support for an "In" vote at 55 per cent.