Britain's economy will cast off some of the Brexit uncertainty that has held it back since 2016 after Prime Minister Boris Johnson's election triumph, but the risk remains of another "cliff-edge" showdown with Brussels in a year's time.
President Donald Trump said on Friday that Boris Johnson's recent victory in the United Kingdom's general election means a lot of U.S. trade with the nation.
British government bond yields climbed to their highest since early June on Friday, after Prime Minister Boris Johnson's Conservatives won a national election by a margin that surpassed the expectations of most investors.
Credit ratings agency Moody's said on Friday that Brexit uncertainty was likely to return despite British Prime Minister Boris Johnson's comprehensive victory in Thursday's national election.
Britain's mid-tier banks have asked the Bank of England to ease rules introduced after the financial crisis that they say hamper their efforts to compete with bigger rivals that have a tight grip on the market.
