New British PM holds first cabinet meeting

22:12, May 13, 2010      

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Cabinet members of British Conservatives-Lib-Dem coalition goverment took a group photo to mark the first meeting in No. 10 Downing Street on Wednesday morning. (Xinhua/ Reuters Photo)

New British Prime Minister David Cameron held his first cabinet meeting Thursday morning.

According to a Downing Street source, the new prime minister and deputy Prime Minister Nick Clegg "emphasized their commitment to work together and highlighted the strong shared agenda" at the meeting.

Conservative Party leader Cameron also said: "I think we have a great opportunity to think for the long term.

Chancellor George Osborne said he would work closely with the new Business Secretary Vince Cable, a Lib Dem member, to demonstrate Britain was "open for business and banking reform."

Cabinet ministers in the coalition government have also agreed to take a 5-percent pay cut. Issues discussed on Thursday morning included the economy and Afghanistan.

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