[MAIL] The pound has surged to its highest level against the euro in a decade as Britain prepares to finally 'get Brexit done'.Prime Minister Boris Johnson claimed victory in the general election last night and when the exit poll emerged, the pound rose about 2 per cent against the dollar to reach $1.3469 and was up 1.6 percent against the euro at €1.2054.
Sterling was at its highest against the euro since the immediate aftermath of the EU referendum, and its highest in more than a year against the dollar.
At 7am, the pound was up 2.1 per cent against the dollar to 1.345 and up 1.29 per cent against the euro, nudging close to 12-month and 31-month highs respectively, having hit and remained at the highs from within the first hour of the exit poll's release.
The FTSE 100 is expected to open higher on the back of Johnson's victory.
The City reacted positively as the Conservatives romped home to the biggest majority since 1987 but warned clarity was now needed on the future relationship between the UK and the EU.
Bosses and trade bodies also called on the Government to end 'arbitrary negotiating deadlines'.