Pound gains as Conservative vote lead promises end to political uncertainty

LONDON (Reuters) - Sterling climbed back above $1.29 on Monday, drifting further from recent lows, as polls continued to show the ruling Conservatives as runaway favourites to win the Dec. 12 election with a pledge to implement Brexit and halt 3-1/2 years of political uncertainty.The pound rose 0.6% to $1.2913 , rising off 10-day lows hit on Friday when dire Purchasing Managers' Index (PMI) data highlighted the weak state of the UK economy and underscored the low possibility of interest rate..