PM Cameron is on the wires, saying that while a coalition government is more difficult it is more worthwhile than a minority government. The five-year coalition deal should provide stability, he says. Deputy PM Clegg will be responsible for electoral reform, he says.
Cable has been under pressure from a large EUR/GBP order, slipping to 1.4838 before rebounding to .4860 at present. EUR/GBP reached 0.8541 before easing to 0.8535 at present.
