08/05/2015 07:02 BST | Updated 08/05/2016 06:59 BST

UK Says No to Old Labour

David Cameron and the Conservatives are travelling down to Number 10 to form a new government with a majority, albeit a slender one.

We were told to expect the tightest election of a generation and it didn't arrive. The Tories won relatively comfortably against all the predictions and polls, Shadow Chancellor Ed Balls lost his seat to the Conservatives, and Labour won less seats than Gordon Brown in 2010.

This election has shown many things but these six are the most important:

1. The rejection of a return to Old Labour policies of tax and spend, and trade union control.

2. That Ed Miliband and Ed Balls were not trusted to lead the UK.

3. The destruction of the Lib Dems and the centre left.

4. The supremacy of the SNP in Scotland

5. That UKIP took votes off Labour just as much as the Conservatives

6. That the pollsters got it spectacularly wrong.

Clearly the English and Welsh people have chosen a second Conservative government on the basis of an economy that has risen from the recession quicker than any other country in the EU. There is rising employment, low inflation and greater opportunities for businesses to grow.

They were turned off by the old-fashioned left-wing policies of Ed Miliband - no Labour government has won by campaigning from the left for 40 years. Also Miliband was not liked as a leader and as US Anchorman Jon Stewart wittily said: "I feel the British public will go through as many Milibands as they can until they get to one they like." Well there's one left if the Labour party are looking for a new leader.

Now to the problems that the new Conservative government will face. They have to deal with a country that is deeply divided. The SNP will almost certainly be pushing for a new referendum for independence and will be a constant thorn in the side of the Conservative government over the next five years. Repairing this split in the country will be a difficult task, and further devolution for Scotland is unlikely to be enough for the SNP who will expect Home Rule as a minimum.

The Lib Dems were the biggest casualty of the evening, they were loathed by the left for working in coalition with an austerity Tory government, but the biggest loss for them was to the Conservatives in the West Country who switched in order to block Labour's chances of getting a minority government.

The most positive point from this election is that we now have the opportunity to build on the green shoots of economic growth and prosperity that the country has started to see in the past couple of years. That is what the majority of people in the UK have voted for and that is what they have got.

Sayed Bukhari is the CEO of property development company HPM Developments