Oh alright then, Prime Minister

The British way of changing the guard may not be written down, but the constitution works like clockwork once set in motion.

No interregnum, no handover, no training manual, nothing.

Gordon Brown resigned outside 10 Downing Street, went to Buckingham Palace to 'kiss hands' with the Queen, and David Cameron followed in reverse order to take on the post. The whole kaboosh was over within about an hour, and Mr Brown will probably give up his seat to go into academic and/or global political life (perhaps with the United Nations or World Bank).

After all the wrangling, the end was brutal. The PM is dead, long live the PM.

And the press and the markets should be satisfied by the time being; well, at least until tomorrow morning.


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