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Financial Uncertainty

UK election result sparks more economic uncertainty

LONDON: Financial markets dislike uncertainty but were handed a hugely clouded outlook Friday after the Conservative party of Prime Minister Theresa May lost its parliamentary majority in Britain's snap general election. Traders and analysts in the City of London financial district spoke about feeling jaded, not just because they were up all night awaiting the results but because the UK's second shock election result in a year throws the nature of Brexit talks into yet more doubt. For the wider British economy, Friday's…