Britain today announced it would hold general elections on May 6. This is being billed as one of the most hotly-contested fights between the ruling Labour led by Gordon Brown and opposition Conservatives, with opinion polls saying the verdict might throw up a hung Parliament.<br/><br/>Prime Minister Brown, accompanied by his Cabinet members, announced on the footsteps of 10, Downing Street that the Queen has agreed to the dissolution of<br/><br/>Parliament. He stated this after his 22-minute meeting with Queen Elizabeth at the Buckingham Palace, amidst intense speculation that the ruling Labour party would bow out after a record 13 years in power.<br/><br/>The announcement sparked hectic activity across the political spectrum and corridors of power in Westminster.