Monday, 19 April 2010

The City Speaks

Some interesting factoids out of Osborne's office this evening:

A poll
of senior investors at institutions managing a total of £1.75 trillion in assets has shown that:
  • 77% think that a Labour victory or hung Parliament could lead to a downgrading of the UK’s sovereign credit rating.
  • 74% think that a Labour victory or hung Parliament could lead to a fall in the value of sterling.
  • 55% think that a Labour victory or hung Parliament could lead to a long term rise in interest rates.
  • 68% think that a Conservative majority is most likely to lead to a rise in the stock market.
Nuff said.

5 comments:

Constantly Furious
said...

"Nuff said"

Well, no, not 'nuff'.

Osborne needs to tell us what he and your party is going to offer to prevent the vote being split by Clegg, handing the reigns to Brown again.

Otherwise, we're all going to suffer those things you so gleefully list, aren't we?

Martin Shapland
said...

Is he mates with all of those investors polled?

cynicalHighlander
said...

LEAP/E2020


The numerous meetings, at the end of 2009, between the Chancellor of the Exchequer, Alistair Darling, and Goldman Sachs is a very reliable indicator of sovereign debt manipulation.

Not looking good wherever one looks.

Anonymous said...

Well stop the bloody press... rich people who don't like paying tax vote Tory.

Whatever next?

LibDems surge 10 points in polls?

PR expert Cameron chokes in live debates?

Anonymous said...

Yes, these are the sorts of people who we should be listening to. It's not as though they're driven by self-interest. Or, like the conservatives, would have the run of the place to play boom n bust for the next 5 years.

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