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I still think it's about crippling london when there's a combination of factors.
Tony Blair was up in Scotland on a well publicised trip to G8.
The mayor was in singapore with the london bid.
Spotlight was on London re 2012 and UK re the g8.
Live8 recently would have lowered security with the sheer load of people moving through the city.
Market was hit badly enough to indicate someone with funds started a 'run' by knowing about the attack and coinciding the confusion with the knowledge that the trader systems will automatically dump stocks if enough movement happens. Couple that with the obvious communication shutdown of mobile phones and other data, would have cause massive panic on the exchange. Major financial damage to the UK.
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