http://www.ft.com/cms/s/2/fb55f168-807f-11e4-872b-00144feabdc0.html#ixzz3O340UKls
Will Britain have a National Government after the next general election?
Yes. Britain’s last election in 2010 resulted in the first coalition government since 1945. The
next one in May will go further, recreating the “National” governments of the 1930s by bringing the two main parties, Labour and Conservatives, into power together. As in 1931, this will be a matter of necessity, not choice.
The shrinkage of the vote of all three main parties will make it impossible to construct a workable coalition involving the Liberal Democrats and either the Tories or Labour. The price of doing business with the surging fringe parties, such as the Scottish National party and Ukip, will be too high for either Labour or the Conservatives to stomach. So will the risk of a minority administration, followed by a quick second poll.
The formation of a National Government will not be easy — and there will be much agony over the question of who should lead it. Any coalition deal will be highly contentious and lead to defections from both sides. Politicians will take time to adapt to the newly fragmented landscape.
Jonathan Ford