Should Gordon interupt his holiday again?
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What’s this going to mean politically?
Extraordinarily this story from the Financial Times is not covered on the main news page of BBC online. Yet the size of the intervention – an injection of 95 million billion euros into the money markets – sounds too huge to be confined to the business pages.
I’m no expert on financial markets but this does look worrying and could have a big political impact. To my mind it makes an early election looks less likely.
Mike Smithson