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CITY VIEWS: ARE YOU SURPRISED BY THE STRONG PERFORMANCE OF THE MARKETS, GIVEN THAT WE DO NOT HAVE A GOVERNMENT?

CHRIS BAKER | SQUARE ONE
“The markets rallied on news of the aid package for Greece. The UK’s political situation is only a tiny issue for the markets and we need to keep some perspective. At the same time Clegg and Cameron need to make a decision quickly or panic will set in.”

SIMON CARD | CARD ASSOCIATES
“I’m not surprised as I think the market was expecting a hung parliament. Many in the City wanted to see a strong Conservative win but I trust Cameron and Clegg to come to an agreement. The markets understand that the process isn’t easy.”

CHRIS DOWNING | NATHAN ALEXANDER CONSULTING
“The market was looking for stability in Europe rather than stability in England. A Conservative/Liberal Democrat pact would be accepted by the markets but a Labour/Liberal Democrat deal could cause turmoil and panic.”