"Her Majesty the Queen has asked me to form a new government and I have accepted.
"Before I talk about that new government, let me say something about the one that has just passed.
"Compared with a decade ago, this country is more open at home and more compassionate abroad and that is something we should all be grateful for and on behalf of the whole country I'd like to pay tribute to the outgoing prime minister for his long record of dedicated public service.
"In terms of the future, our country has a hung parliamentwhere no party has an overall majority and we have some deep and pressing problems - a huge deficit, deep social problems, a political system in need of reform.
"For those reasons I aim to form a proper and full coalition between the Conservatives and the Liberal Democrats.
"I believe that is the right way to provide this country with the strong, the stable, the good and decent government that I think we need so badly.
"Nick Clegg and I are both political leaders that want to put aside（撇开）party differences and work hard for the common good and for the national interest.
"I believe that is the best way to get the strong government that we need, decisive government that we need today.
"I came into politics because I love this country. I think its best days still lie ahead and I believe deeply in public service.
"And I think the service our country needs right now is to face up to our really big challenges, to confront our problems, to take difficult decisions, to lead people through those difficult decisions, so that together we can reach better times ahead.