Peter Hoskin

Brown statement: now with added video

And here’s a transcript of the statement

“We have a parliamentary and not presidential system in this country and as I said on Friday, with no party able to command a parliamentary majority arising from the general election, my constitutional duty as prime minister is to ensure that government continues while parties explore options for forming a new administration with majority support in the House of Commons. “The business of government has continued including concerted action in Europe today to avert the financial crisis in the Euro area. Alistair Darling the chancellor spent much of his time yesterday in the European finance ministers meeting in Brussels.

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