Sterling jumps as Brexit vote risk drops

Sterling jumped yesterday amid evidence the campaign to keep Britain inside the EU is extending its lead.

Sterling climbed the most this year against the euro, touching a more than two-month high, and rallied against the dollar as an opinion poll by the Evening Standard newspaper and Ipsos Mori put the Remain camp’s lead at 18 percentage points.

That follows an ORB/ Telegraph survey earlier this week showing 55% of respondents in favour of staying in the EU against 40% wanting to leave.