News

As Britain wakes up this morning to a likely hung parliament, Investment Week examines the key issues threatening a cross-party coalition.

A hung parliament will have a detrimental impact on the progress of the RDR and stall the UK's economic recovery, say advisers.

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

US stocks plunged to lows last seen in 1987 tonight, amid speculation a trader entered a "b" for billion instead of an "m" for million when placing an order.

The FTSE 100 dived 1.52% or 80.94 points to 5,260.99 with banks dragging on the index after Moody's warned UK lenders are at risk of Greek contagion.

Several European ETF issuers will be able to launch ETFs on the S&P 500 index as of 17 May, when Standard and Poor's exclusive arrangement with iShares ends.

John Chatfeild-Roberts, the Jupiter CIO and head of the Merlin multi-manager team, believes while all election scenarios are a possibility, the UK will be forced to accept some harsh fiscal action whatever the outcome.

Insight head of currency Dale Thomas believes the European Central Bank will need to pump billions into the perhiperal Europe to alleviate the debt spiral and pressure on the single currency.

UK banks risk having their credit ratings downgraded because of the poor state of the country's public finances, warns ratings agency Moody's.

The overwhelming majority of UK fund managers are hoping for a Conservative victory in today's General Election, believing a David Cameron-led Government would be best for the stock market.