As he rose to speak in the House of Commons yesterday afternoon, all eyes in the City were on Chancellor Alistair Darling. Was he about to unveil a plan, or restore confidence?
Nope.
From the time he rose to his feet, to the time he sat down 11 minutes later, the FTSE had fallen by 2 percent.
Thank goodness he only gave a short speech. Where might we be if he'd kept talking all afternoon?