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I wonder how long this will last.

by Reuters on Wednesday, 12 May 2010

STEPPING DOWN: UK Prime Minister Gordon Brown announced that he would be stepping down as it became clear that a deal between the LibDems and the Conservatives was imminent.
The Conservatives won most seats in a parliamentary election last week but fell short of a majority. Labour came second and the Liberal Democrats a distant third.

Both the Conservatives and Labour tried to win Lib Dem support to form the next government during five days of intense negotiations, but it became clear on Tuesday afternoon that Labour had lost and Brown would have to resign.

Sterling held gains against the dollar after Brown announced his resignation, rising 0.8 percent to $1.4972.

Government bonds had also rallied earlier on reports that a Conservative/Lib Dem deal was imminent.

Speaking to reporters outside his Downing Street office, with his wife Sarah at his side, Brown said: "I have informed the Queen's private secretary that it's my intention to tender my resignation to the Queen."

An emotional Brown added: "In the event that the Queen accepts I shall advise her to invite the leader of the opposition (Cameron) to seek to form a government. I wish the next prime minister well as he makes the important choices for the future."

First among those choices will be what to do to reduce Britain's record budget deficit, which has raised fears that the country could lose its triple A credit rating and get into debt difficulties.

Markets want a quick resolution to the uncertainty and favour a Conservative led government because they believe it would move faster and harder to cut the deficit.

Just after his statement, Brown, his wife and their two children briefly posed for photographers before leaving Downing Street, the official prime ministerial residence.

Then Brown was driven to Buckingham Palace where the Queen accepted his resignation.

The sequence of events was in accordance with British constitutional convention.

Brown's statement made clear that the Conservatives and the Liberal Democrats had secured some sort of power sharing arrangement, but the exact details were not yet known.

Senior Conservative William Hague, who has been negotiating with the Lib Dems, told reporters minutes after Brown's statement that he and his team now had recommendations to propose to party colleagues.

Danny Alexander, a Lib Dem negotiator, made similar comments.

He said: "We have completed our discussions in a good atmosphere and are now returning to report back to (Lib Dem leader) Nick Clegg and our parliamentary colleagues."

The Lib Dems had turned to the Conservatives first, on the basis that they had won most votes and most seats in last Thursday's election. But Brown threw a spanner in the works on Monday when he said he would step aside in coming months.

The move was aimed at tempting the Lib Dems away from the Conservatives and into an alliance with Labour. Clegg had made it clear during the campaign he did not wish to prop up the unpopular Brown. (Reuters)

yea hey he's gone. Now lets get on with reducing the top rate of income tax for the minority

arniegang wrote:yea hey he's gone. Now lets get on with reducing the top rate of income tax for the minority

I don’t know how they’ll be able to reduce any taxes, while trying to shrink the $ quarter-trillion black hole in the government’s annual accounts.

There is even a talk of increasing VAT, which will hurt the poor the most.

Cameron said Britain needs to undergo “an age of austerity!!” He told the British people not to ask "What I am owed?" but "What can I give??"

I think the first thing they need to do is to rein in Britain’s enormously expensive welfare state!!!

Did anyone see the press conferences this evening, they reminded Cameron of his early campaign joke, it could certainly be entered as one of his life's embarrassing moments

.........and what was the joke???

I only caught a part of it on BBC radio wern't any jokes there, YES I'm bored with all the local stations and rather listen to that.

From what I made out that is that Britian is quite hopefull about the coalition govt. I mean most were sick of death with labour and almost anything else was welcomed.

desertdudeshj wrote:I only caught a part of it on BBC radio wern't any jokes there, YES I'm bored with all the local stations and rather listen to that.

From what I made out that is that Britian is quite hopefull about the coalition govt. I mean most were sick of death with labour and almost anything else was welcomed.

BBC radio station??? Yaa Yaa we get it, now here's ur new pet name...Nerdy DD!

Bora Bora wrote:.........and what was the joke???

The joke at the news conference went something like this :

Reporter : Mr Cameron a while ago you were asked "what is your favouite joke" and you replied "Nick Clegg" would you still give the same reply now?

Cameron: No blah blah

Nick Clegg Whispers to Cameron "did you really say that"?

Cameron whispers back to Clegg "yes i am affraid i did"

..................big roar of laughter blah blah

Misery Called Life wrote:

desertdudeshj wrote:I only caught a part of it on BBC radio wern't any jokes there, YES I'm bored with all the local stations and rather listen to that.

From what I made out that is that Britian is quite hopefull about the coalition govt. I mean most were sick of death with labour and almost anything else was welcomed.

BBC radio station??? Yaa Yaa we get it, now here's ur new pet name...Nerdy DD!

Correction: Professor Nerdy DD.

Hey even when I was tiny I always ( watched on telly then ) documentries like Panorama etc etc. I think they have some of the most brill documentries. And yes when you have to send SOOOO much time trapped in your vehicle it helps to kill time.

Rather than listening to the lame local radio stations

desertdudeshj wrote:Hey even when I was tiny I always ( watched on telly then ) documentries like Panorama etc etc. I think they have some of the most brill documentries. And yes when you have to send SOOOO much time trapped in your vehicle it helps to kill time.

Rather than listening to the lame local radio stations

You have a satellite dish on the 4x4 then?



Knight

Why do need a sat dish to listen to radio ? Even XM radio doesnt require a dish ?

desertdudeshj wrote:Why do need a sat dish to listen to radio ? Even XM radio doesnt require a dish ?

I suppose a G3 dongle or an iPhone and you can listen to BBC Radio 4 online.



Knight

No man its broadcast on regular FM on two channels. Only thing is it goes to Arabic after 6 pm