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
- 689 Views
What I find astonishing is how fast it's going.
11/05/2010 08:11:57 PM
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It is unnatural
11/05/2010 08:14:38 PM
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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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You're right.
11/05/2010 09:09:59 PM
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*points and laughs* Ha ha! *NM*
11/05/2010 08:54:50 PM
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See, the odd thing is
11/05/2010 10:01:10 PM
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Brown - A bastard till the end.
11/05/2010 09:08:26 PM
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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
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Re: You know what really pisses me off?
11/05/2010 09:19:44 PM
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Re: You know what really pisses me off?
11/05/2010 09:29:32 PM
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Anyone who believes people voted for their local candidate rather than a party leader...
11/05/2010 09:34:02 PM
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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
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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
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Look at it this way
11/05/2010 09:15:35 PM
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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
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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
- 684 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
- 308 Views