Friday, 7 May 2010

Election night.......

Labour win the first few seats. Ones they're expected to.

5% swing to Con from Lab atm. Not enough for a majority. Hung parliament territory.
I don't expect Lib-Dems to do so well as everyone seems to expect.

Hopefully there'll be no major swing to mandate. Of course, that puts us in trouble vis the bond markets as it makes the "necessary" cuts and tax-rises more difficult to implement. Greece has socialist government, and an apparently reasonably popular one.....and yet, look at it? People haven't even really felt the crisis yet in UK. An insecure government is going to find it very hard going. Doubtless the markets will notice it. Shit.

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