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The other day I was looking at the 1979 UK General Election on Wikipedia and noticed that the Conservative Party had a majority of twenty one seat majority.

How plausible is that instead of an outright majority win, there’s a hung parliament where the Conservatives win 312 Seats? What happens next? I’m guessing Thatcher may negotiate a coalition with David Steel and the Liberal Party. How would a Con-Lib pact affect Thatcher’s administration? And what do the following elections look like?
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