Pound holds most losses as British election sows uncertainty

HONG KONG: The pound wallowed near two-month lows Tuesday, unable to sustain a strong recovery from last week’s shock election that saw Britain’s ruling Conservatives lose their majority, throwing the country into uncertainty, days before key Brexit talks.

While Prime Minister Theresa May looked to counter anger within her party by apologising and telling MPs “I got us into this mess, and I’m going to get us out”, there are doubts about her future in Downing Street.