…whether Gordon Brown stays in after being defeated at the (when?) election or not.
Britain’s AAA credit-rating has been lost already. The markets have discounted it by letting Mervyn King buy up all our Gilts for the last year.
The Agencies are merely waiting till after the poll to announce it, for fear of being thought “political”. You’d think that the bear-raid on Sterling that will inevitably follow will be worse if he’s there than if he’s been arrested and sectioned.