What’s this going to mean politically?

Extraordinarily this story from the Financial Times is not covered on the main news page of BBC online. Yet the size of the intervention – an injection of 95 million billion euros into the money markets – sounds too huge to be confined to the business pages.

I’m no expert on financial markets but this does look worrying and could have a big political impact. To my mind it makes an early election looks less likely.

Mike Smithson