Looks like the LibDems are trying to iron out a deal with the Conservatives to put Cameron and Co in power.
They say they want clarification on certain points but that the party wants a strong and stable government.
Markets have been concerned that even if the Tories attain power the government could be brought down with relative ease. A solid deal upfront gives the Tories a better chance to form a stable government. Cable has rebounded, now back to 1.50. 0