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
735 Views
What I find astonishing is how fast it's going.
- 11/05/2010 08:11:57 PM
901 Views
It is unnatural
- 11/05/2010 08:14:38 PM
794 Views
Newspaper panic.
- 11/05/2010 08:44:11 PM
848 Views
It's nothing like a summer recess.
- 11/05/2010 09:00:25 PM
807 Views
*points and laughs* Ha ha! *NM*
- 11/05/2010 08:54:50 PM
383 Views
See, the odd thing is
- 11/05/2010 10:01:10 PM
784 Views
Brown - A bastard till the end.
- 11/05/2010 09:08:26 PM
843 Views
You know what really pisses me off?
- 11/05/2010 09:15:06 PM
819 Views
You know what's depressing?
- 11/05/2010 09:17:04 PM
782 Views
I'm enjoying being in denial about that
- 11/05/2010 09:21:16 PM
771 Views
- 11/05/2010 09:21:16 PM
771 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
431 Views
*NM*
- 11/05/2010 09:23:53 PM
431 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
330 Views
*NM*
- 11/05/2010 09:29:10 PM
330 Views
I'm thinking not, she seems like the better candidate, truth be told.
- 11/05/2010 09:31:07 PM
889 Views
Re: You know what really pisses me off?
- 11/05/2010 09:19:44 PM
768 Views
Re: You know what really pisses me off?
- 11/05/2010 09:29:32 PM
773 Views
Anyone who believes people voted for their local candidate rather than a party leader...
- 11/05/2010 09:34:02 PM
781 Views
How so?
- 11/05/2010 10:02:50 PM
886 Views
Just so...
- 13/05/2010 11:22:12 PM
830 Views
Re: Just so...
- 13/05/2010 11:26:31 PM
833 Views
As sure as anyone can be.
- 13/05/2010 11:32:22 PM
703 Views
I don't think that is true
- 13/05/2010 11:44:04 PM
720 Views
Re: I don't think that is true
- 13/05/2010 11:49:28 PM
817 Views
Look at it this way
- 11/05/2010 09:15:35 PM
770 Views
Re: Look at it this way
- 11/05/2010 10:04:25 PM
774 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
860 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
770 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
350 Views


*NM*