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Pound soars and stocks surge after Tory victory

But Johnson's triumph could spell the break-up of the union that held England, Wales, Scotland and Northern Ireland

Shares that rose between 5% and 15% included Marks & Spencer, Barclays Bank and home builders Persimmon and Barratts. The UK results and hopes of a US-China trade deal also lifted German, French and other European markets.


STERLING and domestic UK shares soared in the immediate aftermath of the Conservative's victory and exceeded expectations by a wide margin.

The currency hit a daily height of US$1.35, up almost 5 per cent on the previous day, but after profit taking fell back to US$1.33....