United States dollar declines against British pound as Boris Johnson wins election

Media playback is unsupported on your device                  Media caption Election 2019 The story of the night as the results came

Media playback is unsupported on your device Media caption Election 2019 The story of the night as the results came

In a statement, Mr Johnson said: "This morning I went to Buckingham Palace and I am forming a new Government and people will arrive at Westminster to form a new Parliament".

The New York Times said the Conservative victory was a "resounding vindication" for Johnson, "defying predictions that he would be tossed out of a job" and that the Prime Minister "now seems assured of leading Britain through its most momentous transition since World War II".

A landslide Conservative win would mark the ultimate failure of opponents of Brexit who plotted to thwart a 2016 referendum vote through legislative combat in parliament and prompted some of the biggest protests in recent British history.

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A former candidate for the post of London's mayor, Mr Goldsmith lost his seat as an MP for a second time in three years.

The anti-Brexit Liberal Democrats also lost ground despite recruiting several high-profile pro-EU MPs from the Conservatives and Labour.

"We will have an overwhelming mandate because of this election to get Brexit done and we will honour that mandate by January 31".

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London stocks and the British pound jumped on the result, amid hopes of an end to years of Brexit uncertainty that has had an impact on economic growth as well as sown social division. From being fired for lying as a journalist to the crowd's questions about Brexit, Johnson had gained the public's interest. While speaking at a campaign event on Saturday, Johnson reassured his supporters an European Union withdrawal agreement can be done by January 31st. Johnson needs to go through the process to demonstrate he has a mandate to govern the country for five years.

As results from across the country suggested the exit poll would prove correct and seat after seat in the opposition Labour party's strongholds swung from Labour red to Tory blue, Johnson's gamble on calling an early vote after long months of parliamentary deadlock over Brexit appeared to have paid off.

Johnson has been facing backlash over the period of the election.

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