THE INDEPENDENT: David Cameron hailed "a historic and seismic shift" in Britain's political landscape today as he launched the country's first coalition government since the Second World War.
The new Prime Minister marked his inaugural day in office by handing two major economic portfolios to his Liberal Democrat allies, anointing Vince Cable as Business Secretary and David Laws as Chief Secretary to the Treasury.
He also promised "very early legislation" to establish fixed-term Parliaments, effectively enshrining in law the Conservatives' five-year coalition deal with the Lib Dems.
At a joint news conference with new Deputy Prime Minister Nick Clegg - held in the garden of No 10 - Mr Cameron said the award of a total of five Cabinet jobs to Lib Dems underlined the parties' "sincere determination" to work together. >>> PA | Wednesday, May 12, 2010
