Punters unmoved by the Northern Rock annoucement
Is nationalisation really going to have no electoral impact? Even though some are calling it “Labour’s Black Wednesday” there has been very little movement in the general election most seats betting following yesterday’s announcement by Alistair Darling that Northern Rock. The chart showing betting prices as implied probabilities has hardly changed on the past week. It’s the same with the spread betting markets where punters buy and sell the number of seats the parties will get at the election as…