FTSE jumps but sterling hit as Brexit fears leap

Industry reacts to announcement

Natalie Kenway
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FTSE jumps but sterling hit as Brexit fears leap

The FTSE 100 has climbed nearly 1.5% in early trading in its first session since the announcement on Friday that Britons will vote on whether to stay in the European Union on 23 June, but sterling has taken a hit.

Prime Minister David Cameron, who promised a referendum if the Conservative Party came to power in the May 2015 general election, described the historic vote as one of the biggest decisions "in our lifetimes"....

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