Leaviss: A hung parliament could be good for UK

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As a bond investor, I am almost hoping we do get a hung parliament.

History shows us, far from being the ‘anarchy on the street' environment, hung parliaments can deliver unpopular decisions a lot more easily than one single party can. We have had two examples of this in the UK. In the Great Depression we had a government of national unity, which was able to steer the country through the recession and take difficulty decisions through that time. In World War II we had a coalition government too. In the country's darkest hour it was able to do all the things that one single partisan political party on its own could not do. Around the world we see co...

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