The guardian hacks said this would cause instability and uncertianty. Well the FTSE has edged up.
Im sorry but please dont use the financial markets' day to day movements to infer anything about policy. Its like when Bill O'Reilly signals that because the DOW fell 100 points the day after Obama's re-election that Obama is "bad for business". The experience we have had over the last few years should remind us that looking at the stock-market as a signal on the current state of the world is ludicrous. There are better ways to make an argument than that.