What the UK election result means for Brexit

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What the UK election result means for Brexit
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Conservative Party leader Boris Johnson has secured a five-year term as prime minister with a comfortable parliamentary majority.

The projected result, which proved even more decisive than pollsters had forecast, follows a bitterly-fought and divisive election campaign.

done," promising that only his party would be able to deliver his so-called "oven ready" divorce deal to take the country out of the bloc by Jan. 31. Opposition leader Jeremy Corbyn had promised that, if elected, his left-leaning Labour party would hold another EU referendum within six months. This vote would have offered Britain the choice between a "credible" renegotiated leave deal — including a customs union and close single market relationship with the EU — or the option to remain.

"Johnson will have to decide whether to remain closely aligned with the EU, or diverge sharply," Rahman said.As the dust settles on Britain's third general election in less than five years, many market participants will seek clarity from the government on what happens immediately after Jan. 31.

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