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David Cameron has taken over from Gordon Brown as Britain's new Prime Minister, ending a thirteen-year dry spell for the Tories at 10 Downing Street. In a culmination to the fervent negotiations that followed the hung parliament, the Tories have tied-up with the Lib-Dems to usher in a new Government. It is the first coalition to rule the Parliament since Winston Churchill's coalition seventy years ago during World War II. Cameron also has the distinction of being the second youngest British Prime Minister since Lord Liverpool headed the government almost 200 years ago. The Lib-Dems did not relent over the Tories' rigid stance on Parliamentary Reforms, with Clegg's party making sure they didn't get a raw deal. They have extracted a commitment from the Conservatives for a referendum on voting reforms. Moreover, up to six Lib-Dems will hold office in the Cabinet, while party chief Clegg is expected to serve as Deputy Prime Minister. "I came into politics because I love this country, I think its best days still lie ahead and I believe deeply in public service, and I think the service our country needs right now is to face up to our really big challenges, to confront our problems, to take difficult decisions, to lead people through those difficult decisions so that together we can reach better times ahead," the Telegraph quoted Cameron as saying, outside his new residence, 10 Downing Street. Noting that his primary responsibility is to serve the people, and regain their confidence, Cameron said, "One of the tasks that we clearly have is to rebuild trust in our political system. Yes, that's about cleaning up expenses, yes, that's about reforming Parliament and, yes, it's about making sure people are in control and that the politicians are always their servants and never their masters." He also admitted that running a coalition government was going to be hard work. "This is going to be hard and difficult work. The coalition will throw up all sorts of challenges, but I believe together we can provide the strong and stable government that our country needs, based on those values, rebuilding family, rebuilding community, above all, rebuilding responsibility in our country," he said. The return of an administration to the parliament has already impacted the UK markets positively, with the pound strengthening to 84.85p per euro, from 86.11p on Monday.

David Cameron takes over as Britain's Prime Minister, Clegg to be Deputy