Looks like a hung parliament and another election in 12 months or less. The uncertainty is not good for decision making, either by Government, the BofE (Bank of England), companies or individuals. That has got to be negative for the British economy.
Category: General news
Election and the Economy
In the UK the Parliamentary elections are the main focus, with the incumbent parties promoting their ability to keep the momentum of the recovery going. Nothing too surprising there, still it’s too close to call to say which way it will go, and the resulting uncertainty will lead to another driver of volatility in the markets.
The Start of a Blog
Just when you thought you already had enough of all the Bank news and economic updates to read, I thought that I should add to it by embracing the new information transmission mediums and start an ongoing Corporate Treasury Blog. I’m not intending on it being daily, just as and when I have time and there is something important of an economic and/or treasury based focus and I have something useful to say about it.
Solutions Edge 