WI: A Mid 20s Liberal Minority Government?

What If, instead of Ramsay Mac leading the first Labour Minority Government in 23/24 what if the Liberals managed to gain one last minority before there eventual collapse?

What would be the effects of per say a brief ‘23-25’ Asquith or DLG Government reliant on Labour support? How could this possibly happen and finally what be the effects on Labour and the Labour Movement in Britain.
 
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