article_snippet.sent: Experts have warned of the impact on the economy of a badly hung parliament, with neither major party able to form a stable government.
article_snippet.sent: could sent pound plummeting by another 10 per cent.
article_snippet.sent: A hard-hitting report by BlackRock, the largest fund manager in the world, said last week that ‘a soothing outcome for the markets is hard to imagine’ given Labour anti-business policies and Tory plans to hold a referendum on Britain’ s membership of the European Union.
article_snippet.sent: ‘Labour would be tough on business – and might be perceived as lacking fiscal responsibility,’ business – said in A hard-hitting report by BlackRock, the largest fund manager in the world.
article_snippet.sent: ‘A Conservatives-dominated Cabinet would pave the way for an unsettling referendum in 2017 on the UK’s EU membership.
article_snippet.sent: Whoever wins – and the result could take some time to emerge – will lead a weak government likely to pass only watered-down legislation.
article_snippet.sent: ’ BlackRock, which invests in major British companies such as Tesco, said weeks of horse-trading to form a government would be ‘harrowing for the UK’.
highlights_snippet.sent: could fall another 10% if a badly hung parliament .