The concept of a hung Parliament is the same as a hung jury - ie a group unable to reach a decision, liable to be dismissed by the judge in favour of a new trial. It reflects that British tradition for preferring strong majority governments rather than coalitions. It is also rather accurate as to the likely outcome of the election - another election in a few months' time.
The constitutional position is quite clear: Brown is Prime Minister until he isn't. (I know, but remember, this is the country that invented cricket). In other words, he can hang on until the Queen's Speech on May 25th. If he can go to Her Majesty and claim that he can command the confidence of Parliament, he has the right to try and form a government.
In practice, he would need the entire rank of smaller parties to join a coalition and still barely have a majority. The Liberal Democrats have already shot this fox anyway.
Brown will have to resign shortly. He is, however, the kind of man without any sense of personal honour that might actually put the Queen in the position where she is finally the one to tell him to go. Nonetheless, I have this delicious vision of Her Majesty crushing his last fingernail with her stiletto heel and watching him plummet to the abyss of obscurity.
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