Leaders' debate, Act 2: Hidden costs of a hung parliament
If last night’s second act in the leaders’ debate leads to an inconclusive result in the general election, this could prove the most expensive reality TV show ever for savers, investors and homebuyers....
View ArticleTime to get real about dangers of a hung parliament
In a former incarnation, Chris Huhne, the Liberal Democrat home affairs spokesman, was a former boss of mine, so I've a lot to be grateful to him for. None the less, I find myself writing the polar...
View ArticleBad news is good news for gold in America and Britain
They say every cloud has a silver lining but gold bugs claim to see an even more profitable upside if the recent dollar rally runs out of steam and governments’ credibility falls further as they are...
View ArticleDon't get your hopes up for market chaos on Friday
I’ve said it before and I’ll say it again: gilts markets are not panicking because of the risk of a hung parliament. On the contrary, they have been disturbingly sanguine about the prospect that no...
View ArticleExit polls indicate an unhappy day for markets
London markets are already primed for turbulence after the sell-off on Wall Street last night. On the basis of the exit polls, the outcome of the UK election is hardly going to help. If the polls are...
View ArticleWhat a hung Parliament means for your personal finances
The last hung Parliament led to very hard times for savers and homebuyers but City experts are divided about whether today’s indecisive general election result will also hit pension fund values and...
View ArticlePound spikes higher as Clegg backs Tories
After a disastrous start to the day, the pound spiked higher when Nick Clegg made clear that he would back the Tories to form a new Government in preference to Labour. Unfortunately, we are still no...
View ArticleHung Parliament sterling fears overdone, says Swiss banker
Fears that a hung Parliament will be weak and indecisive are unjustified – and markets are wrong to mark down sterling and gilts this morning – according to the chief investment officer of...
View ArticleNew coalition government: new US-style taxes?
A new ‘citizenship tax’ for all British passport holders – including expatriates – could help a hung Parliament ease ballooning budget deficits without hurting most voters, accountants claim. They say...
View ArticleHung Parliament could add £60 a month to mortgage costs
Mortgage costs could be pushed up by £60 a month if a hung Parliament prevents difficult decisions being taken to curb Britain’s ballooning budget deficit. Homebuyers are urged to consider fixed rate...
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