Negotiators for Conservative David Cameron and Liberal Democrat Nick Clegg completed their third session in search of a deal to form a new British government as they faced pressure to reassure investors over political stability.
Conservative leader David Cameron has reached out to the Liberal Democrats in an effort to form a government after the UK general election resulted in a hung parliament. The Tory leader, whose party won most seats but was short of a majority, said he wanted to make a “big open and comprehensive offer” to the Lib Dems.
British Conservative Leader David Cameron said the Labour government has lost its mandate to govern, as exit polls suggested the Tories have won the largest number of seats in Britain's national election, but will not gain a majority.
All three British main parties will have reason to be disappointed if the Guardian/ICM eve-of-poll survey is reflected in election results Thursday night. The Conservatives are set to fall well short of the convincing majority that, not long ago, seemed within their grasp. Labour faces one of its lowest votes of modern times and the Liberal Democrats may fail to make their hoped-for breakthrough to second place.
British Prime Minister Gordon Brown made on Thursday a plea to voters not to risk change as he sought to salvage Labour's election campaign in the final TV debate before polling day.
Electoral reform is shaping up as the key issue in determining what sort of government would emerge in the UK if the May 6 General Election results in a hung Parliament. Liberal Democrat leader Nick Clegg indicated that a deal on proportional representation would be essential to any pact if his party holds the balance of power, describing it as an “absolute pre-condition” for renewal of Britain.
British Conservative leader David Cameron gained ground on the Liberal Democrats' Nick Clegg in the leaders’ debate, as polls gave conflicting verdicts on which of the two won.