According to the British publication The Telegraph, David Cameron – the Leader of the right-of-center Conservative Party (also called the Tories) – won a surprise landslide majority and will be the Prime Minister for another term.
Cameron’s top team remained as he reappointed several cabinet-holders to the positions they held beforehand.
Ed Miliband resigned as the Leader of the (left-of-center) Labour Party after the worst Labour result since 1987.
The Labour Party’s “Shadow Chancellor of the Exchequer” Ed Balls lost his seat in a “shock result” to the Conservatives’ Andrea Jenkyns. This was apparently an important post and a hard blow for Labour.
After huge losses for the centrist Liberal Democratic party, the Leader of that party, Nick Clegg, resigned.
The Liberal Democrats were hit particularly hard, and the party has been reduced from 57 seats in Parliament in 2010 down to just eight now.
Nigel Farage, the leader of the smaller right-wing nationalist party UKIP (U.K. Independence Party) also reportedly will resign. The party only got one MP into Parliament.
The Scottish National Party (SNP) was a winner, taking 56 out of 59 Scottish seats possible.
The Mayor of London, Boris Johnson, proposed that England make a “federal offer” of more autonomy to Scotland.
FTSE (a London stock exchange indicator similar to the Dow Jones or S&P 500) rose by £50 billion pounds as markets cheered the result of the elections.
So the take-away from the suspenseful election seems to be that the big winners were the Tories (Conservatives) and SNP.