Brexit beckons as UK’s Johnson coasts to commanding win

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Exit poll shows Conservatives on course to win 368 seats, which could be the biggest win since Margaret Thatcher in 1987

SNP activists supporters celebrate the election result at the Glasgow count in the SECCon December 12, 2019 in Glasgow, Scotland. Picture: GETTY IMAGES/JEFF J. MITCHELL

A landslide Conservative win would mark the ultimate failure of opponents of Brexit who plotted to thwart a 2016 referendum vote through legislative combat in parliament and prompted some of the biggest protests in recent British history.An exit poll showed the Conservatives winning a landslide 368 seats, more than enough for a comfortable majority in the 650-seat parliament and the biggest Conservative national election win since Margaret Thatcher’s 1987 triumph.

Sterling soared, reaching a 19-month high vs the dollar of as much as $1.3516, up 2.5% on the day, and its strongest levels against the euro since shortly after the 2016 Brexit referendum. This can run until the end of December 2022 under the current rules, but the Conservatives made an election promise not to extend the transition period beyond the end of 2020.

He was helped early in the election by Farage’s Brexit Party which stood down hundreds of candidates to prevent the pro-Brexit vote from being split. Early results showed the Brexit Party had poached a significant number of voters from Labour.

 

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