Business Leaders' Worry Over Post-Election Uncertainty ; Lengthy Wrangling 'Could Affect Already Jittery Market'

Western MailMay 08, 2010

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Summary


THE prospect of prolonged uncertainty about the future shape of the government has received an almost universal thumbs-down from business leaders in Wales.

While some welcomed the possibility of a coalition government bringing in a new era of stability yesterday, most were disappointed about the lack of a clear outcome from the election with many warning about the effect of uncertainty on the markets.

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Business Leaders' Worry Over Post-Election Uncertainty ; Lengthy Wrangling 'Could Affect Already Jittery Market'

David Rosser, director of CBI Wales, said it was hard to say how the result will affect business until it was clear which party or coalition will form the government and how much of their manifesto commitments they carry through.

"We would like to see an arrangement reached quickly which is strong enough to start to take some of the difficult decisions necessary to address the public finances and satisfy the markets that this will be tackled ser...

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