Pound bounces as UK parliament suspension ruled illegal

, providing a spark of hope that Brexit will be more orderly than previously feared.

Prime Minister Boris Johnson had insisted that the extended parliamentary recess was designed to allow time to bring forward a new legislative programme - but critics accused him of trying to avoid lawmakers' scrutiny ahead of Brexit."The pound has moved higher in the initial response with the defeat for the government effectively preventing what would have been the setting of a dangerous precedent," said David Cheetham at XTB.

Most members of the House of Commons oppose Johnson's threat to leave the European Union next month even if he has not agreed exit terms with Brussels. "I would simply suggest that the uncertainty is the norm now - we just have a different vector of uncertainty to contend with," Wilson said.

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