U.K. Election's Big Question: Who's the Next Prime Minister -- and Can He Rule?

As dawn broke over London Friday morning after a laboriously slow night of vote counting in Britain's most muddled election in three decades, it was far easier to count the losers than to identify the next prime minister. Exit polls had predicted a hung Parliament, with the Conservatives falling shy of a majority. And the actual returns (with 648 of the 650 constituencies reporting, as of Friday afternoon, London time) appeared to confirm this forecast, with the electoral swing from Labour to the Tories a slightly less-than-expected 5 percent. The BBC projected that the Conservatives would ...

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