By Guy Faulconbridge and Kate Holton LONDON (Reuters) - British Prime Minister David Cameron swept t
By Guy Faulconbridge and Kate Holton LONDON (Reuters) - British Prime Minister David Cameron swept to a stunning election victory on Friday, confounding forecasts that the vote would be the closest in decades and winning a clear majority that left his Labour opponents in tatters. The sterling currency, bonds and shares surged on a result that reversed near-universal expectations of an inconclusive “hung parliament”, in which Cameron would have had to jockey for power with Labour rival Ed Miliband. Instead, Cameron met Queen Elizabeth at Buckingham Palace to accept a mandate to form the first majority Conservative government since John Major’s surprise victory in 1992. Despite the unexpectedly decisive outcome, longer-term uncertainty looms over whether Britain will stay in the European Union - and even hold together as a country. -- source link