05-08-2010, 07:13 PM
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Superior Investor
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Join Date: Sep 2008
Posts: 11,435
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A Hung Parliament in UK - A Drag on Pound as Long as Uncertainty Remains
The UK general election resulted in the first hung parliament since 1974. Although the Conservative Party got the most votes and won the most seats, it was 20 seats short of a majority in Parliament. The Conservatives are now seeking to reach an agreement with the Lib Dems so as to form a coalition government. However, it's difficult for them to reach an agreement given the great difference in social and European perspectives of the 2 parties.
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