What a night…What an election in Britain. The markets gave their reaction. The pound initially wobbled, fell and then ended up recovering some of its losses (a weak pound is good for U.K. exports). The London stock market actually rose. These movements are very odd, but perhaps nothing can be taken for granted in this environment. So, tonight, the key questions are: How long can Theresa May stay as Prime Minister? When will the U.K. go back to the polls? Can the U.K. economy withstand the strain? I didn't go into last night's election expecting anything like the final result. I don't know anyone who seriously thought that there would be a hung parliament. In fact, half an hour before the polls closed, my producer suggested there might be a hung parliament. I was so sure she was wrong that I told her: If there is a hung parliament I would buy her dinner in any restaurant of her choice, anywhere in the world – and I would fly her there, too. So...come on QMB Bon Vivieurs, name the restaurant. Where should we go?? -Richard.Quest@cnn.com |
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