Conservatives bask in election victory

The Tories have been given a double whammy. They won the election with a shock majority and now the UK's employment level has surge to a record high.

The ONS said the rate hit 73.5% in the three months to April and the number of unemployed people dropped to 1.83 million, putting the rate at 5.5%.

George Osborne's smile probably widen on the news. But the Chancellor stills has to deal with the country's skills shortage and lagging productivity, which threatens the economic recovery.

Khan announced London Mayor bid

Meanwhile, Sadiq Kahn has announced his bid to become the next Mayor of London.

But The Tooting MP must first beat some of his Labour colleagues, like David Lammy and Diane Abbott, to win the party's candidacy.

Khan, 44, also attacked Boris Johnson when he launched his campaign. He criticised the Tory incumbent for being a celebrity 'red-carpet' representative.

In contrast, Khan told the Evening Standard that he would roll up his sleeves and "fight for all Londoners".

Lib Dem fightback after harrowing election night

Finally, the Liberal Democrats have seen the number of their new members post-election surge past 10,000.

The sign-ups come after the yellow outfit was left with just eight MPs in the House of Commons and no leader after Nick Clegg resigned.

IBTimes UK spoke to some of the new Liberal Democrats to find out their motivations behind the move.

They were a diverse bunch from across the country, who mainly felt sorry a the Liberal Democrat demise in parliament.