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Cameron set to win most seats
Updated at: 0530 PST, Friday, May 07, 2010
LONDON: In the first election since 1974 with no party gaining a majority, Camerons Conservatives were forecast to have won 305 seats in the 650-seat House of Commons, the national exit poll showed. Labour was forecast to take 255 and Nick Cleggs Liberal Democrats 61, the poll showed.
The projection, if confirmed by actual results, may initiate a period of maneuvering as Brown seeks to remain in power through a coalition with other parties while Cameron asserts his right to form the next government.
The outcome of this countrys vote isnt yet known, Brown said in his home district of Kirkcaldy after his re-election to Parliament was announced. My duty to the country coming out of this election is to play my part in Britain having a strong, stable and principled government.
Camerons margin was probably enough to force Brown to resign, even though passing his program of spending cuts to tackle a record budget deficit and folding the U.K. financial regulator into the Bank of England would require the support of other parties, said Mark Wickham-Jones, a professor of politics at Bristol University.
If this exit poll is correct, Gordon Brown is out, said Wickham-Jones. Cameron is going to try and govern, but its going to be a very difficult time, very stormy.
The pound rose 0.3 percent against the dollar, reversing a decline, to $1.4873 at 1:55 a.m. in London. Gilt futures expiring in June, which began trading at 1 a.m., opened higher, rising 0.4 percent to 117.70.
A minority government seems likely to lead to some volatility in asset prices unless and until the ability of the new government to operate effectively is established, said Simon Hayes, chief U.K. economist at Barclays Capital, in a note.
The minority government produced by the February 1974 election lasted eight months before another vote in October.
If the exit polls are borne out, Labour would have their lowest number of seats since 1987, prompting speculation Brown, 59, who took over from Tony Blair in June 2007 after spending 10 years as chancellor of the exchequer, may quit as leader.
Gordon will know whether he should stay on or not, Home Secretary Alan Johnson told media. Gordon deserves the dignity to actually look at these things and make up his mind.
Business Secretary Peter Mandelson signalled the prospect of forging a coalition with the Liberal Democrats, saying that Brown retained the first shot at forming a government if the opposition failed to gain majority.
The rules are, if its a hung parliament, its not the party with the largest number of seats that has the first go, its the sitting government, he said.
Brown appealed to the Liberal Democrats, one of whose top priorities is reforming the voting system. In Kirkcaldy, he said a coalition would implement our commitments to far-reaching political reform, for which there is a growing consensus.
A Brown spokesman said it was too soon to comment on a possible coalition, saying discussions would depend on final results.
Even without their own majority, Conservative leaders said Brown shouldnt hesitate to relinquish control. Based on the exit polls, a coalition between Labour and the Liberal Democrats still wouldnt have a majority.
Its pretty clear that Labour cannot continue in government, said George Osborne, the Conservatives Treasury spokesman. Labour politicians need to get real, theyve been rejected by the British people.
Going into the vote, Labour had 345 seats and the Conservatives had 193.
In a sign of the breadth of the Conservative gains, the opposition took the Kingswood district in Gloucestershire from Labour. Its 9.4 percentage-point swing from Labour would give them a majority in Parliament if repeated across the country.
Voting was marred because long lines prevented some from casting their ballots before doors closed. Polling stations in Leeds, Ealing, Lewisham and Hackney were among those with such difficulties, the media reported.
In Sheffield, the local election official, John Mothersole, wrote an apology to residents who were unable to vote.
We got this wrong and I would like to apologize, he said in a statement on the city councils website. We were faced with a difficult situation with the numbers of people and a large amount of students turning up to vote without polling cards.
Cameron, 43, who would be the youngest prime minister since the Earl of Liverpool in 1812, led his party to the biggest net gain of seats in 79 years. Osborne, 38, would be the youngest chancellor since Randolph Churchill in 1886.
They argued during the campaign that a record budget deficit, build-up of public debt and slumping economy demanded Browns ejection by voters. The parties clashed on the pace of spending reductions, with Brown saying Camerons pledge to enact cuts this year risked a double-dip recession.
While Cameron wont have enough seats to push through his legislative agenda, he may not seek a formal partnership with Clegg, according to Philip Norton, professor of government at Hull University and a Conservative member of the House of Lords.
If youre a few short, you can still govern as a minority, said Norton. You could probably survive quite a while as a government without doing any deals.
The exit poll was generated from surveys by GfKNOP and Ipsos-MORI at 130 polling stations across the country. While the poll accurately predicted Labours majority in 2005, it underestimated by nine the number of seats the Liberal Democrats won.
Cameron set to win most seats
Updated at: 0530 PST, Friday, May 07, 2010
LONDON: In the first election since 1974 with no party gaining a majority, Camerons Conservatives were forecast to have won 305 seats in the 650-seat House of Commons, the national exit poll showed. Labour was forecast to take 255 and Nick Cleggs Liberal Democrats 61, the poll showed.
The projection, if confirmed by actual results, may initiate a period of maneuvering as Brown seeks to remain in power through a coalition with other parties while Cameron asserts his right to form the next government.
The outcome of this countrys vote isnt yet known, Brown said in his home district of Kirkcaldy after his re-election to Parliament was announced. My duty to the country coming out of this election is to play my part in Britain having a strong, stable and principled government.
Camerons margin was probably enough to force Brown to resign, even though passing his program of spending cuts to tackle a record budget deficit and folding the U.K. financial regulator into the Bank of England would require the support of other parties, said Mark Wickham-Jones, a professor of politics at Bristol University.
If this exit poll is correct, Gordon Brown is out, said Wickham-Jones. Cameron is going to try and govern, but its going to be a very difficult time, very stormy.
The pound rose 0.3 percent against the dollar, reversing a decline, to $1.4873 at 1:55 a.m. in London. Gilt futures expiring in June, which began trading at 1 a.m., opened higher, rising 0.4 percent to 117.70.
A minority government seems likely to lead to some volatility in asset prices unless and until the ability of the new government to operate effectively is established, said Simon Hayes, chief U.K. economist at Barclays Capital, in a note.
The minority government produced by the February 1974 election lasted eight months before another vote in October.
If the exit polls are borne out, Labour would have their lowest number of seats since 1987, prompting speculation Brown, 59, who took over from Tony Blair in June 2007 after spending 10 years as chancellor of the exchequer, may quit as leader.
Gordon will know whether he should stay on or not, Home Secretary Alan Johnson told media. Gordon deserves the dignity to actually look at these things and make up his mind.
Business Secretary Peter Mandelson signalled the prospect of forging a coalition with the Liberal Democrats, saying that Brown retained the first shot at forming a government if the opposition failed to gain majority.
The rules are, if its a hung parliament, its not the party with the largest number of seats that has the first go, its the sitting government, he said.
Brown appealed to the Liberal Democrats, one of whose top priorities is reforming the voting system. In Kirkcaldy, he said a coalition would implement our commitments to far-reaching political reform, for which there is a growing consensus.
A Brown spokesman said it was too soon to comment on a possible coalition, saying discussions would depend on final results.
Even without their own majority, Conservative leaders said Brown shouldnt hesitate to relinquish control. Based on the exit polls, a coalition between Labour and the Liberal Democrats still wouldnt have a majority.
Its pretty clear that Labour cannot continue in government, said George Osborne, the Conservatives Treasury spokesman. Labour politicians need to get real, theyve been rejected by the British people.
Going into the vote, Labour had 345 seats and the Conservatives had 193.
In a sign of the breadth of the Conservative gains, the opposition took the Kingswood district in Gloucestershire from Labour. Its 9.4 percentage-point swing from Labour would give them a majority in Parliament if repeated across the country.
Voting was marred because long lines prevented some from casting their ballots before doors closed. Polling stations in Leeds, Ealing, Lewisham and Hackney were among those with such difficulties, the media reported.
In Sheffield, the local election official, John Mothersole, wrote an apology to residents who were unable to vote.
We got this wrong and I would like to apologize, he said in a statement on the city councils website. We were faced with a difficult situation with the numbers of people and a large amount of students turning up to vote without polling cards.
Cameron, 43, who would be the youngest prime minister since the Earl of Liverpool in 1812, led his party to the biggest net gain of seats in 79 years. Osborne, 38, would be the youngest chancellor since Randolph Churchill in 1886.
They argued during the campaign that a record budget deficit, build-up of public debt and slumping economy demanded Browns ejection by voters. The parties clashed on the pace of spending reductions, with Brown saying Camerons pledge to enact cuts this year risked a double-dip recession.
While Cameron wont have enough seats to push through his legislative agenda, he may not seek a formal partnership with Clegg, according to Philip Norton, professor of government at Hull University and a Conservative member of the House of Lords.
If youre a few short, you can still govern as a minority, said Norton. You could probably survive quite a while as a government without doing any deals.
The exit poll was generated from surveys by GfKNOP and Ipsos-MORI at 130 polling stations across the country. While the poll accurately predicted Labours majority in 2005, it underestimated by nine the number of seats the Liberal Democrats won.
Cameron set to win most seats