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"a hung parliament will effectively lower the gbp and hurt the economy oh and it will mean another election within the year im really impressed with clegg but i am thinking i will vote for the party that doesnt give us a hung parliament " A hung parliament doesn't automatically mean there will be another election later in the year. The incumbent Prime Minister will remain in power until he or she resigns and may try to stay in government even if his or her party did not win the largest number of seats. In 1974, Edward Heath stayed in power for four days after the election trying to put together a coalition, even though Labour had the largest number of seats in Parliament. A party can stay in power without an absolute majority by trying to forge an alliance with a smaller party to create a coalition government, which would usually involve policy concessions and allowing members of the smaller party into the cabinet. In some countries, instead of forming coalition governments, they have reached agreements with smaller parties that they will support the government if there is a vote in parliament aimed at bringing down the government and forcing an election. Another possibility is for the biggest party to form a minority government with no agreements with other parties and just try to form majorities in favour of each individual bill as it comes up. If no party is prepared to go down one of these paths then parliament will be dissolved again and there will be another election, although in effect that is relatively unlikely to happen because two elections so close together would be unpopular and the result would probably the same. ** quoted from BBC News | |||
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