Panic? What panic? Sterling went from $1.483 at 1201 am yesterday down to about $1.475 at about 10 am, but subsequently recovered to $1.483 by midnight. At the time of writing, it is at $1.479.
Meanwhile the FTSE 100 ended the day up by 0.5%. It is up a further 7 points this morning.
Is the prospect of a Labour-SNP alliance so terrifying for The Times?
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