Parties scramble to set coalition terms

Monday, 10th May 2010

Several rounds of talks have been held behind closed doors as the Conservatives attempt to find a political compromise with the Liberal Democrats that would finally put David Cameron in power. The Tories are keen to seize the reigns once again, while the Liberal Democrats are eager to finally force electoral reform.

Some Conservatives are unhappy enough with a prospective compromise on constitutional amendment to have threatened mutiny. In addition, the Lib Dems held talks with Labour, with whom they share more political common ground. The talks are seen as giving Lib Dem leader Nick Clegg an alternative to partnering with the Tories, as well as a way to put greater pressure Tory leader David Cameron.

Following several rounds of secret talks between representatives of the two parties, spokespeople said there was confidence a deal would soon be made. Both parties are keen on a show of confidence as perceptions of instability could spill over into financial markets and damage the value of the pound. Parties also have to be wary of public sentiment. Protracted negotiations could leave voters disillusioned with the political process.

Meanwhile, Gordon Brown remains in office. Despite having lost its electoral mandate and being left without the ability to get new legislation passed, Labour remains in place in essentially a caretaker capacity. However, some members of his own cabinet have already told Brown he should quit now.

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