Goldman Sachs warns on election result

Goldman Sachs has warned that a Labour victory in the general election - and particulary a tie-up with the SNP - would be bad for British business and could damage confidence in the economy and financial markets.

The Daily Telegraph reports that the investment bank said a victory for Ed Miliband’s party would be viewed as 'more problematic by the business community' than a victory by Conservative leader David Cameron.

In a research note sent to clients Goldman identified a deal between Labour and the Scottish National Party as the worst likely combination of parties that could form a government after next month’s election.

To access the complete Daily Telegraph article hit the link below:

Labour government would be bad for business, warns Goldman Sachs

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