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
713 Views
What I find astonishing is how fast it's going.
- 11/05/2010 08:11:57 PM
863 Views
It is unnatural
- 11/05/2010 08:14:38 PM
760 Views
Newspaper panic.
- 11/05/2010 08:44:11 PM
815 Views
It's nothing like a summer recess.
- 11/05/2010 09:00:25 PM
778 Views
*points and laughs* Ha ha! *NM*
- 11/05/2010 08:54:50 PM
368 Views
See, the odd thing is
- 11/05/2010 10:01:10 PM
745 Views
Brown - A bastard till the end.
- 11/05/2010 09:08:26 PM
812 Views
You know what really pisses me off?
- 11/05/2010 09:15:06 PM
787 Views
You know what's depressing?
- 11/05/2010 09:17:04 PM
748 Views
I'm enjoying being in denial about that
- 11/05/2010 09:21:16 PM
731 Views
- 11/05/2010 09:21:16 PM
731 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
416 Views
*NM*
- 11/05/2010 09:23:53 PM
416 Views
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
307 Views
*NM*
- 11/05/2010 09:29:10 PM
307 Views
I'm thinking not, she seems like the better candidate, truth be told.
- 11/05/2010 09:31:07 PM
853 Views
Re: You know what really pisses me off?
- 11/05/2010 09:19:44 PM
736 Views
Re: You know what really pisses me off?
- 11/05/2010 09:29:32 PM
737 Views
Anyone who believes people voted for their local candidate rather than a party leader...
- 11/05/2010 09:34:02 PM
748 Views
How so?
- 11/05/2010 10:02:50 PM
857 Views
Just so...
- 13/05/2010 11:22:12 PM
797 Views
Re: Just so...
- 13/05/2010 11:26:31 PM
782 Views
As sure as anyone can be.
- 13/05/2010 11:32:22 PM
671 Views
I don't think that is true
- 13/05/2010 11:44:04 PM
670 Views
Re: I don't think that is true
- 13/05/2010 11:49:28 PM
786 Views
Look at it this way
- 11/05/2010 09:15:35 PM
734 Views
Re: Look at it this way
- 11/05/2010 10:04:25 PM
726 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
819 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
736 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
333 Views


*NM*