Hung Parliament worries UK Businesses

The Director General of the British Chamber of Commerce, David Frost, said that “Businesses are right to be wary about the prospect of a hung parliament. Instinctively, companies prefer a clear mandate to lead and govern. With our economy still fragile and the public finances in a dire state, the overwhelming concern is whether a hung parliament will provide decisive action around the UK\’s unsustainable deficit. Regardless of the outcome of the election on May 6th, the incoming government must prove they can handle the deficit and restore confidence within 90 days.”

Recent opinion polls suggest that David Cameron’s Conservative Party are leading the General Election campaign narrowly followed by the Liberal Democrats and Labour who are both pretty much neck and neck. The General Election is due to take place on May 6th 2010.

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