UK election: Boris smashes Corbyn who resigns, Pound surges as Tories grab majority, Brexit next month
I had a call early this morning from an excited friend with substantial investments in the UK. His unbridled joy came after a night of watching the British Election results where the Conservative Party has surged to a comfortable victory with the British Pound following suit, enjoying its best session in two and a half years. The Tory Party's colourful leader Boris Johnson has been given a firm mandate to extract his country from the European Union next month – appropriate as he was the leading personality in the "Leave" camp during the divisive 2016 Referendum. Analysts are calling this a "once-in-a-generation" realignment of British politics. The massive defeat for the Labour Party is its worst election result since 1935. It was also a strong vote against archaic socialist policies on which it leadership campaigned. Not surprisingly, Labour Party Leader Jeremy Corbyn resigned this morning. The result is also a powerful vote for Brexit, with many working class areas switching their decades long allegiance across to the Conservatives. – Alec Hogg
Boris Johnson secures a comfortable UK election win
(The Wall Street Journal) – LONDON – British Prime Minister Boris Johnson looked set to win a large majority in Thursday's general election, an outcome that would mark a stunning victory for the Brexit cheerleader and pave the way for the UK Parliament to trigger a long-delayed split with the European Union.
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