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Tuesday, 24 March 2015

FTSE 100 falls a bit

Although still above 7000, the FTSE 100 index fell 0.26% today. It was in positive territory for most of the day.

I think we could see a lot of turbulence in the run-up to the next UK General Election and in the days and weeks that follow. All the polls suggest a tight result with a clear winner unlikely.

It would not surprise me to have another coalition government. In my view this would be no bad thing if the Lib-Dems were part. I hope UKIP do not do well as they seem to be a messy party with few thought out policies. All they really want it seems is the UK out of Europe. Most of us want a better deal with more control of our borders, but a vote for one of the major parties is likely to be more useful in a "first past the post" election

See http://www.bbc.co.uk/news/business/markets/europe/lse_ukx .

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