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Would a hung parliament be the fairest outcome?

The prospect of a hung parliament in the UK hangs heavy over the political scene today with all three parties within four or five percentage points of each other and concerns that no one party is pulling away. The surge in support for the Liberal Democrats, after Nick Clegg's impressive TV debates, has seen votes in the UK effectively split three ways. While there are concerns about a potential hung parliament, would this actually be the fairest outcome?

As Mervyn King suggested today, the next UK government is likely to find itself out of power at the following election due to the number of controversial and unpopular decisions required. As a consequence, there is actually growing support for a hung parliament which would see at least two political parties impose changes on the UK economy, environment and taxes over the next parliamentary session. This would alleviate the problem of any one party alienating so many voters so that it would effectively be unelectable next time round.

The Labour Party and Liberal Democrats seem fairly keen on a hung parliament and a coalition government but the Conservative party is still attempting to grab the limelight and the lion's share of the vote. We are now on the home run and every second will count!

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