The Great Debate UK

Fears of UK hung parliament may be overstated

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– The author is a Reuters Breakingviews columnist. The opinions expressed are his own –

Fears of a huhugodixon-150x150ng parliament following the UK’s general election may be overstated. With Nick Clegg, leader of the Liberal Democrats, Britain’s third largest party, performing well in the first prime ministerial debate, sterling has received a mild knock. Investors do not like the uncertainty that goes with a hung parliament. While many European countries are used to coalition government, the UK is traditionally a two-party system – with government swinging between Labour and the Conservatives.

Added to this uncertainty is the fact that none of the three parties has come up with a credible plan for cutting the government’s deficit, which stands at 12 percent of GDP. One fear is that valuable months could be lost in horse-trading over forming the next government. Another is that a minority government could embark on a populist, but expensive, programme to prepare the ground for a second election later this year.

The hung parliament scenario is really two sub-scenarios. In the first, the party with the largest number of seats would govern on its own. This is probably what would happen if the Tories were the largest party. Such a government might well be unstable.

Crisis, what crisis?

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– The author is a Reuters Breakingviews columnist. The opinions expressed are his own. –

 Crisis, what crisis? That could be motto for the election manifestos published by Britain’s main political parties this week. Neither Labour nor the Conservatives addressed the country’s fiscal crisis head-on.

From rotten parliament to reform parliament?

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tspic- Tony Samphier is a campaigns consultant and organiser of the election policy comparison web initiative DEMREF 2010. The opinions expressed are his won.-

The start of the general election campaign has, thankfully, seen the party leaders fighting over the political reform territory, particularly Gordon Brown and David Cameron, with the Liberal Democrats, traditionally full of reform ideas, slightly overshadowed.

from UK News:

Will a Hung Parliament create a serious hangover for British business?

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ParliamentElection day is fast approaching and with the poll gap narrowing between the Conservatives and Labour, there is a very real probability that the UK will end up with a hung parliament. For the first time since 1974, the UK may be left without clear political leadership.

- What will this really mean for British business?
- How will the markets and sterling react?
- Will a hung parliament scare off international investors?
- Could the economy survive a second general election within a year?

The UK should not waste its fiscal crisis

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hugodixon–  The author is a Reuters Breakingviews columnist. The opinions expressed are his own  –

 The UK should not waste its fiscal crisis. As Britain embarks on its election campaign, this is a perfect opportunity to engage in radical tax and spending reforms designed not just to restore the country’s fiscal balance but to boost its long-term productivity and competitiveness.

from UK News:

Taking Twitter’s political temperature

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Britain's first live television debates between the leaders of the three mainstream political parties are not the only new feature to add spice to the upcoming general election, which Prime Minister Gordon Brown today announced will be held on May 6.

The 2010 vote is also the first time politicians and their strategy teams have had to factor in the micro-blogging site Twitter.com. The social media tool, which did not exist at the time of the last election in 2005, now has over 75 million users who between them sent four billion tweets in the first quarter of 2010.

Old traditions die hard in UK election campaigning

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number10A study of constituency-level campaign techniques undertaken by Brunel University ahead of a general election expected in early May shows that direct mail is by far the most common method of contact used by politicians to reach potential voters.

Of the 27 percent of the electorate contacted by one of the three main political parties in February, about 90 percent received some form of communication through the post via direct mail, the study shows. Some 92 percent said they had been reached through mailings from the Liberal Democrats, 89 percent from the Conservative Party and 81 percent from the Labour Party.

Are the markets right to fear a hung parliament?

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-David Kuo is director at The Motley Fool. The opinions expressed are his own -

There is a well-trodden saying that markets hate uncertainty. Elections are inevitably uncertain, so until the votes in the next election are counted we cannot be certain which party will govern the UK.

Currently, there are suggestions that no single party may get sufficient votes to form the next government outright. It is true that the Conservatives have a strong lead over its rivals. However, with a first-past-the post voting system, it only takes a small swing away from the Conservatives to change the complexion of the next parliament.

from UK News:

Do UK troops in Afghanistan have the right back up?

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Defence Secretary Bob Ainsworth came under criticism on Monday over a shortage of military equipment in Afghanistan, where 15 British soldiers have been killed in the past two weeks.

The deaths highlight the shortage of helicopters, especially Chinooks, which can carry large numbers of troops and equipment over long distances, say the Conservatives and Liberal Democrats.

Ask Nick Clegg

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Update: We’ve closed comments on this post as the Interview is now finished. See Nick’s Twitter stream for further responses to questions and this post for an account of how the event worked. Video Feed

nick-clegg-sacred-heart-schoolIf you’ve got a question for Liberal Democrat leader Nick Clegg then now’s your chance: on Monday July 13th (1200 GMT). he’ll be joining the Reuters UK team to take your questions live. And no subject is off limits.

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