By  on December 13, 2019

LONDON — Backed by the largest Conservative majority since the Thatcher years, Prime Minister Boris Johnson now has a mandate to take the U.K. out of the European Union next month, and while British fashion, textile and luxury businesses aren’t all thrilled at the prospect, most are ready to move on and relieved that the fog of uncertainty has finally begun to lift.

On Friday, markets soared following the landmark election that has redrawn Britain’s political map, eliminated the threat of a hard-left Labour government, and made it clear that voters up, down and across the country want a pro-business leader who, after three years of political squabbling and delays, can finally take the U.K. out of the EU.

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