UK election roundup: all eyes on Brexit negotiations

Economists react as UK vote delivers a hung parliament

Polling station
The UK went to the polls on June 8
John Keane

UK voters delivered a hung parliament when they went to the polls on June 8, with no party managing to gain a majority.

Financial markets largely took the result in their stride, though the pound dropped 1.7% against the dollar as exit polls showed no party gaining a majority of seats. The FTSE 100, which contains many companies with revenues in foreign currency, was up around 0.65% as of 11:30 local time.

“A strong Conservative majority win had been viewed as putting the UK in a stronger

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