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.
I'm just grumpy.
Mind you, I don't think I would have been pleased with any outcome.
---
Oh, how simply grand it is to be travelling by dirigible again. Direct us to the west good sir, tonight we will remember what it is to live.
Oh, how simply grand it is to be travelling by dirigible again. Direct us to the west good sir, tonight we will remember what it is to live.
Damn *NM*
11/05/2010 08:04:36 PM
- 648 Views
What I find astonishing is how fast it's going.
11/05/2010 08:11:57 PM
- 715 Views
It is unnatural
11/05/2010 08:14:38 PM
- 611 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
- 631 Views
You're right.
11/05/2010 09:09:59 PM
- 608 Views
*points and laughs* Ha ha! *NM*
11/05/2010 08:54:50 PM
- 290 Views
See, the odd thing is
11/05/2010 10:01:10 PM
- 582 Views
Brown - A bastard till the end.
11/05/2010 09:08:26 PM
- 652 Views
You know what really pisses me off?
11/05/2010 09:15:06 PM
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You know what's depressing?
11/05/2010 09:17:04 PM
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I'm enjoying being in denial about that
11/05/2010 09:21:16 PM
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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
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I'm thinking not, she seems like the better candidate, truth be told.
11/05/2010 09:31:07 PM
- 701 Views
Re: You know what really pisses me off?
11/05/2010 09:19:44 PM
- 573 Views
Re: You know what really pisses me off?
11/05/2010 09:29:32 PM
- 583 Views
Anyone who believes people voted for their local candidate rather than a party leader...
11/05/2010 09:34:02 PM
- 581 Views
How so?
11/05/2010 10:02:50 PM
- 707 Views
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
- 522 Views
I don't think that is true
13/05/2010 11:44:04 PM
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Re: I don't think that is true
13/05/2010 11:49:28 PM
- 631 Views
Look at it this way
11/05/2010 09:15:35 PM
- 595 Views
Re: Look at it this way
11/05/2010 10:04:25 PM
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In a mild British way this is the most unexpected political alliance since the Nazi-Soviet Pact.
11/05/2010 10:17:25 PM
- 660 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
- 595 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
- 273 Views