Sterling surges to six-month high after May calls General Election

May said this was the best time to call a General Election, as if she waited until the scheduled date in 2020 it would clash with the most difficult stage in the Brexit negotiations. Despite early morning sterling volatility after May's office announced she would make a statement, the pound soared 2.37% to $1.290 after her speech, its highest level since October, while against the euro it rose 1% to €1.194, a four-month high. Neil Hermon, UK equities manager at Henderson Global Investors, said: "We believe this news is more positive for the domestic mid caps than the international lar...