For those who follow British politics, certainly a depressing exercise, the rise of David Cameron to the leadership of the Conservative Party in 2005 has been an unmitigated disaster. Cameron's strategy is to abandon or water down virtually all of the traditional positions of conservatism and replace them with policies much closer to his rivals on the left. Apparently he believes that real conservatism is too old fashioned to succeed in today's world.
In addition to the 3 main political parties, there are two other conservative parties that the mainstream British press almost refuses to mention, the British National Party and the UK Independence Party. These two fall outside the "acceptable" leftist consensus of the British media, which therefore treats them with silent contempt.
The EU Referendum is one of the best British blogs, and this piece shows that votes for these two parties siphoned away enough support for Cameron to cost him a majority in this election. He has therefore had to form a coalition with the very left Liberal Democratic Party, which will require acceptance of LibDem platform elements far from traditional Conservative positions. This sort of coalition is very rare in British politics - the last one was in World War II, and it is not likely to last.
Conservatives are naturally frustrated that Cameron's party has abandoned them and are reaching for alternatives. Cameron, who bet that a move toward the center-left would bring in more voters has apparently lost his bet. One can only hope that the Conservative Party finds a better leader at some point in the not-too-distant future.