UK has first hung parliament since 1974; Clegg backs Tories

Scott Sinclair
clock

Britain has its first hung parliament in decades with the Conservatives the largest party.

The Tories have won 290 seats so far but cannot reach the 326 needed for an overall majority. Gordon Brown, who spoke overnight of being "proud" of Labour's record, is understood to be keen on starting coalition talks with the Liberal Democrats, who had a "disappointing night" according to leader Nick Clegg. However, Clegg said he "stuck by" his view the party with the biggest mandate - in terms of votes and seats - should have the right to seek to govern first. "It seems this morning, that it's the Conservative Party that has more votes and more seats though not an absolute majo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

SFO secures six-figure confiscation order against Axiom Legal Financing fraudster

SFO secures six-figure confiscation order against Axiom Legal Financing fraudster

David Kennedy is currently serving an eight-year prison sentence

Sahar Nazir
clock 22 December 2025 • 1 min read
Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Higher proof-of-value demands and operational challenges keep private markets on margins of UK advice portfolios

Sahar Nazir
clock 19 December 2025 • 9 min read
Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Business development exec Lawrence Patrick joined charity The Mehiel Foundation

Professional Adviser
clock 19 December 2025 • 1 min read