The new British Conservative Prime Minister David Cameron is holding his first cabinet meeting later today with his Liberal Democrats coalition partners. The discussions are expected to focus mainly on the economy. He began the business of government on Wednesday evening with a first meeting of the new National Security Council. Meanwhile, the main Ministerial portfolios in the British Coalition Government have gone to David Cameron's Conservatives. Mr Clegg's Liberal Democrats Party has got five Cabinet posts. The new Government is pledged to solve Britain's huge budget deficit immediately by making nine billion dollars of public sector savings this year , a move welcomed by the Governor of the Bank of England.<br/>