We had a big rally on Friday, so any weakness this morning is basically the market trying to unwind some of the strength from Friday.

Trade with Europe is being hit by the strength of sterling and the weakness of the euro,

It highlights the weakness of Blair's leadership and increases the risk on UK assets but like most political events of the past year, the impact is likely to be short-lived,

It highlights the weakness of Blair's leadership and increases the risk on UK assets but like most political events of the past year, the impact is likely to be short-lived.

Vulnerability sounds like truth and feels like courage. Truth and courage aren't always comfortable, but they're never weakness.

Vulnerability is not weakness. And that myth is profoundly dangerous.