1326: The markets will "shrug off" Ken Clarke's comments on the IMF as "a bit of electioneering", George Magnus, of investment bank UBS, tells BBC Radio 4's World at One. He says a hung Parliament wouldn't be good - "markets don't like uncertainty, it's possible that sterling would be weaker" - but to call in the IMF "you have to basically run out of money, be declared insolvent as a sovereign state" and there's no reason why that would happen.
