[IMG]http://www.theeca.com/newsletters/gordon-brown.jpg[/IMG]With the emergence of no clear party winner in yesterday’s UK elections, the country effectively has a hung parliament for the first time since 1974.

The unclear election results may have contributed to yesterday’s free-falling stock market, as results showed, [URL=http://news.bbc.co.uk/1/hi/uk_politics/election_2010/8666569.stm]via the BBC[/URL], that with most of the votes counted, the Conservatives scored 301 seats, Labour 255 and the Liberal Democrats 52, with the latter figure being termed a “disaster” by [URL=http://www.google.com/hostednews/afp/article/ALeqM5jqPgibc7CECzQTW5gsWpFyZmU_9Q]the AFP[/URL].

The Conservatives had needed 326 out of the 650 total seats in order to govern alone.
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