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Pound rises as seven moderate Labour MPs quit the party

They have resigned because of what they see as rising anti-Semitism and Jeremy Corbyn's Brexit policies

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The seven Labour party MPs who have resigned from the party (from left): Ann Coffey, Angela Smith, Chris Leslie, Chuka Umunna, Mike Gapes, Luciana Berger and Gavin Shuker.

London

THE pound rose slightly on hopes of either a Brexit deal or another referendum after seven moderate Labour MPs resigned from their party.

The formation of independent moderate-left Labour MPs raises the possibility that centrist "Remain"-supporting Conservative MPs could...

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