New Government in Britain

Britain has a new Prime Minister, and a new coalition government! David Cameron, the leader of the Conservative party is now the PM of the country with Nick Clegg, leader of the Liberal Democrats as Deputy.

A round of groan-worthy jokes are already in circulation, including the classic "Con / Dem nation..."

So, will the new leading parties be able to fix the country's economy? Will ordindary people find it even trickier to borrow money or get a personal loan in the new climate?

Businesses are already anticipating that public spending cuts will be high-priority.