Sterling and St James's Place surge as Tories eye shock majority

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The FTSE led by financials has gained over 100 points and the pound is up 1.3% against the dollar this morning as the general election result points to a surprise majority for the Conservatives.

Sterling lept almost 2% in early trading but has dipped slightly since. The finance, housebuilding and energy sectors are all represented among the biggest gainers on the FTSE 100 at 10.30am. ...

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