The UK election result is a hung parliament, as suspected. While the term itself may avail itself to juvenile humor, a hung parliament is really not that humorous. The last hung parliament (as a result of a General Election) occurred in 1974, and had to be resolved by a special election eight months later. Some individuals are likely confused as to what that means, so we’ll go ahead and brush up on our Poli-Sci, and you also won’t have to give me any instant loans for doing so. (But if you want to, I won’t stop you.)
The UK election elects a hung parliament
There hasn't been an absolute majority established by the UK election results, and thus there is a hung parliament. That means that unless something is done about it, the Parliament of Great Britain won't be able to do anything. That means they cannot pick a Prime Minister or do other things. In essence, a hung parliament means that Great Britain is hamstrung.
Comparative World Governments: Welcome to Class
The short version is whichever party wins the most seats in a UK election picks a government, like the Prime Minister and so on. When there isn’t an absolute majority, that means that regardless of who really got one of the most votes, they won’t be able to do much of anything because every person else outnumbers them. When that happens, there could be either a minority government (trying to make it work anyway, which rarely works) a coalition government by making agreements with an additional party, or have one more election.
What went down?
The 2010 UK General Election saw the Conservative Party, headed by David Cameron, win a lot more seats than the incumbent Prime Minister, Gordon Brown's party, Labor. Conservative Party candidates won 36.1 percent of the seats, and Labor took 29.3 percent. The Liberal Democrats, headed by Nick Clegg, won almost 23 percent. Since Conservative seats are outnumbered by every person else, no clear absolute majority exists.
So how does the end of the beginning proceed?
Conservative leader David Cameron is offering to form a coalition with the Liberal Democrats, according to The Guardian. There will be conditions, but it is a work in progress to create a new British Government.