Greek finance minister claims bailout deal is close | Business | The …
London shares suffered a sharp sell-off on Thursday morning as voting got under way in the closest general election for decades.
Fears that Britain is set for a second successive hung parliament added to a global markets sell-off after Federal Reserve chair Janet Yellen warned share valuations could be dangerously high.
The leading FTSE 100 index tumbled by 121 points, or 1.7%, to 6813, as voters headed for the polls in what is expected to be one of the closest elections in years, with the major parties neck and neck in opinion polls.
According to preliminary results of the final Guardian/ICM campaign poll, Labour and the Conservatives were tied at 35% each. A YouGov poll in Scotland for the Times shows Sturgeon’s party – with which Miliband has ruled out any formal deal – enjoying 48% of support to Labour’s 28%, putting several key figures, including the Scottish Labour leader, Jim Murphy, in peril of losing their seats.
Andy McLevey at Interactive Investor said: “As UK voters go to the polls, uncertainty surrounding the outcome of the UK election is also preying on sentiment as cautious investors remain on the sidelines.”
Dafydd Davies at Charles Hanover Investments told Reuters: “Given the [market] rally we’ve had so far this year, you could not say the mood is too alarmist over the election outcome.
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Greek finance minister claims bailout deal is close | Business | The …
