Tories and Lib Dems enter coalition govt

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Tories and Lib Dems enter coalition govt

Tories and Lib Dems enter coalition govt
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It’s a handshake that marks a historic day in Britain and the start of a honeymoon in an unlikely political marriage.

Conservative Prime Minister David Cameron has agreed with his Liberal Democrat deputy Nick Clegg to share the power of running the country between both parties.

You’d have to look back several decades for the last example of a British coalition government. It was formed by wartime premier Winston Churchill in 1940 and included Conservatives, Liberals and Labour politicians.

The Tories and Lib Dems were locked in intensive negotiations after Thursday’s election results granted no single party enough seats in the House of Common.

Both have made policy sacrifices to strike the coalition deal.

The Liberal Democrats now accept Tory plans to cut 6 billion billion pounds from public spending this year, instead of 2011.

They’ve also ditched their support for an amnesty for illegal immigrants and now back Conservative calls for quotas on non-EU nationals working in the UK.

The Lib Dems have also agreed any future transfer of power to the EU must be put to a referendum and the UK should not join the euro.

Conservatives have also backtracked in key areas: Brits won’t pay any tax on the first ten thousand pounds they earn in a year and there’ll be a referendum on reforming Britain’s voting system.

Jobs have also been dished out to keep Clegg’s party onside.
While Cameron’s old friend George Osborne becomes Britain’s finance minister, Lib Dem Vince Cable is the new business secretary.

Some of the Tories’ big names also join the Cameron cabinet including one-time leader William Hague as foreign secretary.

The Liberal Democrat Chris Huhne becomes secretary for energy and climate change.

On the big issues such as the economy, foreign affairs and defence, the Lib Dems say they will support the Conservatives.

But on other subjects, their MPs will be allowed to abstain in a parliament vote.