Guide to key conservative party election promises

As counts progress Conservative party is set to win big over opponent Labour party.

Result so far -

• Conservatives won 297, Labour party 222, Swiss National party 56, Liberal Democrats 8, UK independence party 1 and others 22. 43 sets left for announcement.

Conservative party's policy promises holds key to which sectors might do well among FTSE stocks and pound.

• Eliminate the deficit and be running a surplus by the end of the Parliament. If successful, it would provide longer term boost to pound as UK's twin deficit remains a concern.

• Extra £8 billion above inflation for the National Health Scheme by 2020. This is a sure boost for healthcare sector stocks.

• Extend Right to buy to housing association tenants in England. Should provide boost to construction and housing sector. Conservative's win might put stop to recent exodus of rich from the country and housing market.

• Legislate to keep people working 30 hours on minimum wage out of tax. Conservatives has also promised to not increase taxes but to reduce spending. They would increase tax exemption limit. These would be a boost for low income and middle income groups and might support consumption. Boost for banking stocks as they are spared from additional taxation.

• 30 hours of free childcare per week for working parents of 3&4-year-olds. This is a good social gesture and would bring some extra happiness, we hope.

• Referendum on Britain's EU membership by 2017. This is a massive risk associated with conservatives which has the potential to derail stocks and pound. Scottish National party would call for another independence referendum, should UK choose to leave EU.

As of now Pound and FTSE, both cheering the result with FTSE hovering at 7030 and pound at 1.545.