Last week, we looked at the countdown to the UK General Election. Now, a week later the people have voted (whether with pencil or pen- there were debates on social media regarding the validity of votes with the use of pen or pencil); and our voices have been heard. So, now we have a hung parliament. What exactly does that mean?
Here is a round- up of the latest news which should throw some light on the whole affair.
From the Guardian –What is a hung parliament and what happens now?
From the Telegraph – What happens when no party wins an election
How does a hung parliament impact UK businesses? Carl Reader explains,
“As you can see, a hung parliament raises far more questions than answers, and in business uncertainty can often lead to a downturn in output. All I can do is advise businesses to keep focused on what they can control, and work within the landscape that they find themselves in. In fact – keep calm, and carry on.”
The full Real Business article can be found here, called, What does a small business mean for SME businesses?
One of the hot topics prior to the election was Brexit. So, what happens now? The Financial Times looks at how the results will impact Article 50.
The last hung parliament was in 2010 which resulted in a coalition between the Conservatives and the Liberal Democrats and if you need a reminder of how successful (or unsuccessful) that was, here’s some light reading from The Political Studies Association.
In this period of uncertainty, all we can do as Carl Reader suggests is to keep calm and carry on.
P.S. If you know that you need help with your business blog, book tickets Here for my Introduction to Blogging workshop on June 16th. See you there!