Markets hate political uncertainty of any sort. If you're a financial institution or a multinational corporation you want to know what sorts of proposed legislation you're likely to deal with, what tax rates are likely to look like and what monetary policy is going to be followed. When there is uncertainty about big items like that, the markets react. It's safe to say that continued political instability would have been very bad, and if Cameron is forced to form a minority government then the markets won't react positively even on this news.
Political correctness is the pettiest form of casuistry.
ἡ δὲ κἀκ τριῶν τρυπημάτων ἐργαζομένη ἐνεκάλει τῇ φύσει, δυσφορουμένη, ὅτι δὴ μὴ καὶ τοὺς τιτθοὺς αὐτῇ εὐρύτερον ἢ νῦν εἰσι τρυπώη, ὅπως καὶ ἄλλην ἐνταῦθα μίξιν ἐπιτεχνᾶσθαι δυνατὴ εἴη. – Procopius
Ummaka qinnassa nīk!
*MySmiley*
ἡ δὲ κἀκ τριῶν τρυπημάτων ἐργαζομένη ἐνεκάλει τῇ φύσει, δυσφορουμένη, ὅτι δὴ μὴ καὶ τοὺς τιτθοὺς αὐτῇ εὐρύτερον ἢ νῦν εἰσι τρυπώη, ὅπως καὶ ἄλλην ἐνταῦθα μίξιν ἐπιτεχνᾶσθαι δυνατὴ εἴη. – Procopius
Ummaka qinnassa nīk!
*MySmiley*
Damn *NM*
11/05/2010 08:04:36 PM
- 647 Views
What I find astonishing is how fast it's going.
11/05/2010 08:11:57 PM
- 713 Views
It is unnatural
11/05/2010 08:14:38 PM
- 607 Views
Newspaper panic.
11/05/2010 08:44:11 PM
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It's nothing like a summer recess.
11/05/2010 09:00:25 PM
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*points and laughs* Ha ha! *NM*
11/05/2010 08:54:50 PM
- 289 Views
See, the odd thing is
11/05/2010 10:01:10 PM
- 579 Views
Brown - A bastard till the end.
11/05/2010 09:08:26 PM
- 649 Views
You know what really pisses me off?
11/05/2010 09:15:06 PM
- 624 Views
You know what's depressing?
11/05/2010 09:17:04 PM
- 600 Views
I'm enjoying being in denial about that
11/05/2010 09:21:16 PM
- 579 Views
His sister didn't make it, though. At least there's only one Rees-Mogg in Westminster? *NM*
11/05/2010 09:23:53 PM
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Given I know less about his sister, I'm not sure it is a good thing which way round it happened *NM*
11/05/2010 09:29:10 PM
- 245 Views
I'm thinking not, she seems like the better candidate, truth be told.
11/05/2010 09:31:07 PM
- 698 Views
Re: You know what really pisses me off?
11/05/2010 09:19:44 PM
- 570 Views
Re: You know what really pisses me off?
11/05/2010 09:29:32 PM
- 579 Views
Anyone who believes people voted for their local candidate rather than a party leader...
11/05/2010 09:34:02 PM
- 577 Views
How so?
11/05/2010 10:02:50 PM
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Just so...
13/05/2010 11:22:12 PM
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Re: Just so...
13/05/2010 11:26:31 PM
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As sure as anyone can be.
13/05/2010 11:32:22 PM
- 519 Views
I don't think that is true
13/05/2010 11:44:04 PM
- 526 Views
Re: I don't think that is true
13/05/2010 11:49:28 PM
- 628 Views
Look at it this way
11/05/2010 09:15:35 PM
- 592 Views
Re: Look at it this way
11/05/2010 10:04:25 PM
- 589 Views
In a mild British way this is the most unexpected political alliance since the Nazi-Soviet Pact.
11/05/2010 10:17:25 PM
- 656 Views
Re: In a mild British way this is the most unexpected political alliance since the Nazi-Soviet Pact.
12/05/2010 09:08:15 AM
- 592 Views
On a vaguely related note - how long has it been since a child was born in Downing Street No. 10? *NM*
11/05/2010 09:46:35 PM
- 272 Views