Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. Britain's Conservatives, Liberal Democrats Discuss Coalition Deal VOA News 08 May 2010 Britain's Liberal Democrats party leader Nick Clegg speaks to the media as he arrives at the Local Government Offices in London for a meeting, 08 May 2010 Photo: AP Britain's Liberal Democrats party leader Nick Clegg as he arrives at the Local Government Offices in London, 08 May 2010 Britain's third-party Liberal Democrats are in early discussions with Conservatives about a power-sharing deal, after parliamentary elections Thursday left no party with a majority. Leader of the Liberal Democrats, Nick Clegg, was to hold talks with party officials Saturday on a possible coalition with the Conservatives, which would oust Prime Minister Gordon Brown's Labor government. Officials with the two parties have begun discussions, and plan to hold more in the coming days. Although Conservatives won the most seats in the 650-seat House of Commons Thursday, they are 20 short of the amount needed to govern. The party leader, David Cameron, said he is making a "big, open and comprehensive offer" to form a coalition with Clegg's Liberal Democrats, who control 57 seats. Mr. Brown told reporters a future stable government in London is crucial, and that Cameron and Clegg can take as much time as they feel necessary. His Labor Party took a beating in Thursday's balloting, winning only 258 seats in the House of Commons. On Friday, the value of the British currency, the pound, slumped to a 13-month low as investors grew concerned that the inconclusive election will delay action on Britain's $236 billion deficit. Mr. Brown, whose party has governed since 1997, will remain prime minister as negotiations on the formation of a coalition continue. Some information for this report was provided by AFP and Reuters. .