Brexit Party's Farage says will not challenge PM Johnson's Conservatives in 317 seats

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Brexit Party's Farage says will not challenge PM Johnson's Conservatives in 317 seats
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Brexit Party leader Nigel Farage said on Monday that his party would not contest...

Brexit Party leader Nigel Farage speaks during a general election campaign event in Hartlepool, Britain, November 11, 2019. REUTERS/Scott Heppell

Farage said he did not want anti-Brexit parties to win the election so was standing down candidates in the seats won by the Conservatives in the 2017 election. Farage cast his move as a step that would prevent another EU referendum and make a hung parliament much less likely. He said Johnson was proposing a Brexit that sounded like the option that the British people had voted for in a referendum of EU membership three years ago.

Sterling leapt by more than half a cent against the U.S. dollar which hit a high of $1.2890 as Farage spoke and British government bond prices fell.

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