Home
 
Choose Your City
Change City

Britain moving closer to coalition

<p><b>LONDON. </b>Britain’s Conservatives said they held “good discussions” with the Liberal Democrats yesterday but failed to conclude a deal to govern together, and planned further talks within 24 hours.</p>

LONDON. Britain’s Conservatives said they held “good discussions” with the Liberal Democrats yesterday but failed to conclude a deal to govern together, and planned further talks within 24 hours.


David Cameron’s Conservatives won the most seats in Thursday’s parliamentary election but fell short of a majority and are seeking the support of Nick Clegg’s third-placed Liberal Democrats, or Lib Dems, to end 13 years of Labour Party rule.


Analysts said markets would take solace from comments that reducing a deficit running at more than 11 percent of national output would be key to a deal.


“We are agreed that a central part of any agreement we make will be economic stability and the reduction of the public deficit,” Conservative negotiator William Hague said after talks with Lib Dems.

 
Consider AlsoFurther Articles