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Lib Dems to meet with UK Conservatives

05-09-2010 09:37 BJT

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Britain's Liberal Democrats, who hold the balance of power following an inconclusive national election have met in London to discuss their terms for supporting a new government led by the Conservative Party.

Liberal Democrat leader Nick Clegg and his Conservative Party counterpart David Cameron spent part of Saturday with Prime Minister Gordon Brown at a memorial service to mark the 65th anniversary of Victory in Europe Day.

The two parties hope to reach agreement on forming a coalition government before the financial markets reopen on Monday.

However, they have major disagreements, including whether to build a replacement for the nuclear-armed Trident submarine fleet and over reform of the nation’s electoral system.

Any deal would require backing from three-quarters of Liberal Democrats legislators and the same proportion of its executive.

The Liberal Democrats have won 57 seats in the House of Commons. This gives the party an opportunity to bargain for a change in a voting system that has given disproportionate influence to the two major parties, the Conservatives and Labour.


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