General Election 2010: No outright election winner: Gordon Brown statement

General Election 2010: No outright election winner: Gordon Brown statement; ENGLAND: London: Downing Street: Number Ten: EXT Gordon Brown MP (Prime Minister) out of Number Ten / High angle shot Brown along to lectern ZOOM IN Gordon Brown MP (Prime Minister) LIVE statement SOT - I want to make a statement. With the outcome of the General Election we find ourselves in a position unknown to this generation of political leaders, with no single party able to have a Commons majority, and therefore have a majority Government. - I therefore felt that I should give you, and through you the country, my assessment of where we are. - I do so as Prime Minister with a constitutional duty to seek to resolve the situation for the good of the country, not as the leader of the Labour Party, less than a day after the election. - What we have seen are no ordinary election results. People have been talking for sometime, inside and outside Government, about the possibility of a hung Parliament. - That possibility has now become very real and pressing. The question for all the political parties now is whether a Parliamentary majority can be established that seems to reflect what you the British people have just told us. - First it is well understood that we face immediate economic challenges that must be met. - A meeting of the euro group is being held tonight to discuss Greece and other issues. In advance of this the G7 finance ministers, including America and Britain, are meeting by conference call to discuss the deteriorating situation in the euro area. - Alistair Darling is participating for the UK. Our economic priorities for Britain are to support economic recovery this year 2010, and as the recovery stabilises to move swiftly to implement our deficit reduction plan. - On the critical question on the formation of a Government which can command a Parliamentary majority, I have of course seen the statements of other party leaders. - I understand a...