Whichever party has the most votes.
Votes or seats?
Feb 1974 the Tories polled more than Labour but had less MP's.
Jeremy Thorpe met Ted Heath at No 10 but couldn't do a deal.
Brown has to cede government and that is not automatic even if his party is in a minority so he has the right to try to form an alliance if that makes for potential practical government. It is THE interesting question whether the Lib Dems (and the various Nationalists etc) would prefer to work with Labour in such a situation or go wth the Tory new boys - I have no idea but it might be fun.
I really hope it happens and that Labour stay in by having to work closely and effectively (ie sharing and exchanging policies) wth other parties. It would certainly result in a new and more representative electoral system favouring minority parties in future and might lead to interesting changes in our links to europe.
As for the nationalists - it might force the jocks and the taffs to decide whether they want in or out of our parliament. If they want to make their own decisions then fine. Let them pay for them and keep their noses out of our business and they will be ghost nations with ghost economies within a decade.
The one thing that it won't do unfortunately is breed honest or less corrupt politicians......the "opportunites" that go with power are just too compelling.
It will be interesting. Going by YouGov's latestest poll (Tories 36%, Labour 34%, Lib Dem 17%), the projected seat numbers would be as follows:
Conservatives - 260
Labours - 316
Lib Dems - 43
Others - 31
This would leave labour 10 seats short of a majority.
Of course, there are 6 weeks until the probable polling day, so enough time for the Conservatives to claw back some of their ayling lead in the polls - A 3% swing to the Conservatives should see them take more seats than Labour.
The YouGov polls have an interesting methodology. Because they don't have enough "Labour" voters* in their panel, they have to weight their sample heavily.
The unweighted sample was Tory 42% and Labour 28%
* They, and most other pollsters, use this to get a balanced sample. They use things like past voting pref and the papers they take etc
Votes or seats?
Feb 1974 the Tories polled more than Labour but had less MP's.
Jeremy Thorpe met Ted Heath at No 10 but couldn't do a deal.
Whatever the policy calculations the LibDems couldn't possibly risk being perceived as "propping up a worn-out party that had been rejected by the electorate". In the inevitable second election in a few months' time the Tories would finish the job - as Labour did in 1974 - and the LibDems would be back in phone box formation. But if Clegg supported the Tories on an issue-by-issue basis, with Vince sweeping in and out of Number 11 every other day, they would be seen as Moderating Agents of Change when Election Number 2 came round. It's a no-brainer for Clegg whatever his hairy-toed activists might think.
Seats.
Depends on the deal he can cut, and the extent to which the leading party is short of the overall majority. Norman Baker for Transport Minister or Environment Secretary, anyone?
Dull fact: the highest ever popular vote total for one party in a UK General Election was for the Conservatives in 1992. And they ended up with a majority of just 20. By the time the 1997 election came around, it was technically a hung parliament.