As I mentioned, there was a good chance of a hung parliment, and that is indeed what has happened. No one party took enough votes to claim a majority and assume leadership. The Conservatives (David Cameron's group) got the most votes (dang. that man is a tool), and Labour (Gordon Brown, the incumbent PM) got the 2nd most. Surprisingly the Lib Dems (Nick Clegg) came in 3rd place, though the polls leading up to the day showed a completely differnt picture.
So, literally right now, Cameron & Clegg and their 'people' are trying to hammer out an agreement between the two parties so that the Conservaties/Cameron can presume the new role of PM. If they're unable to do so, Brown will remain PM for the time being. Even though-for the 2nd time, he wasn't actually voted in (or rather, his party wasn't voted in so he could claim the position). Interesting stuff.
It's likely the coalition will be formed, so I imagine that in a bit, Cameron will be the new PM, and the UK Parliment will have figure out how to operate in this slightly different political environment than what we're coming from.
Should be interesting. Watch this space..