Next month the Committee on Standards in Public Life - whose recommendations for changes to MPs' expenses set the groundwork for the current system - will publish in its annual report a "stock take" of the situation.

BBC: Expenses watchdog under pressure from seething MPs

That sets up a counterintuitive situation in which the stock market might react more favorably to weak September jobs data than to a strong report, which would lessen the odds of additional monetary easing.

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