In England, A Changing of the Political Guard

nick clegg and david cameronBritain’s new Prime Minister David Cameron and new Deputy Prime Minister Nick Clegg, at 10 Downing Street in LondonGlobeTracker| With the departure of Gordon Brown from 10 Downing Street yesterday, Britain entered rule by a peacetime coalition for the first time since the 1930s.

A coalition with the Liberal Democrats will force the Conservatives to concede key policy ground on issues such as taxes and electoral reform—even though the Tories won five times as many parliamentary seats in Thursday’s election.

The Conservatives are challenged with keeping a government together as they try to push through aggressive spending cuts to Britain’s very popular  public services, with £6 billion ($8.95 billion) to come this year alone.

The economic recovery in Britain has been fragile. Cameron also inherits the growing public anger over a lack of progress in the unpopular war in Afghanistan. via WSJ