The Confederation of British Industry has warned of the dangers to the UK economy of a "power vacuum" in the event of no party winning an outright election victory in May.
The employers' group is urging all parties to minimise "post-election uncertainty" and not to "duck tough questions" in discussions on forming a government. It further says that whoever takes office must agree a spending review and commit to action on EU reform and air capacity.
The organisation's Director General John
Cridland says
Whether we have a majority, minority or coalition government, we ask those involved to ensure that the period of post-election uncertainty is kept to a minimum,
We cannot afford a power vacuum that delays urgent policy decisions and unsettles potential investors, so any new Cabinet must get down to business as soon as possible.
But if horse-trading is required to form a new government, politicians must not duck the tough questions just to reach agreement and risk undermining the recovery before the ink has dried
Each of the major parties are claiming they can win an outright victory but the opinion polls say different and the uncertainty that we've highlighted here for a few months should continue to weigh on the pound as election day, and the aftermath,loom ever nearer
The BBC has more here
