UK Plc shares hail Johnson's storming election victory
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LONDON (Reuters) - UK shares focused on the domestic economy surged on Friday after Prime Minister Boris Johnson's ruling Conservatives convincingly won a national election, reassuring markets that Britain is likely to be headed for an orderly exit from the European Union.The FTSE 100 index rose 1.1% as a rally in utilities, retailers, housebuilders and banking stocks offset the drag from sterling, which surged to a 19-month high against the U.S. dollar.Housebuilders soared, with Taylor Wimpey..