As the market edges up - with a very very slight Cameron bounce - there is also a bit of bid speculation to interest dealers this morning.
Old Mutual has jumped 5.4p to 119.8p - a bigger than expected rise given the shares have gone ex a 1.5p dividend - on talk of possible interest from Standard Chartered in the insurer's South African Nedbank business. Analysts believe Old Mutual may dispose of several of its businesses, including its US life operations. Standard Chartered is now down 31p to £16.71.
Overall the FTSE 100 has climbed 12.12 points to 5346.33, ahead of UK unemployment figures and the Bank of England's latest inflation report. Both important events for the new Tory/Lib Dem government. Meanwhile the pound continues to climb, up around half a cent to $1.4965, as the market welcomes the stability of a decision on who is governing Britain.
