Friday, 7 May 2010

UK Hung Parliament Chaos Set To Reign Through The Weekend

What we have is a hung parliament and right now, the Conservatives are trying to work a deal with the Liberal Democrats to either form a coalition, or gain their support for a minority government.

Those negotiations begin in earnest tonight. If they fail, expect the Liberal Democrats to turn to the Labour Party to form some sort of "Coalition of the Losers."

What this means for the UK is that there will be a second election sometime soon, as there is no clear winner in this Parliament. Uncertainty reigns, and that is having a significant impact on markets. more..


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