Philip Stephens, writing in today’s FT, suggests:
With trust gone, the coalition is now much more a transactional affair. Anything beyond the shared goal of reducing the deficit is the subject of intense negotiation.
Clegg, when asked today in the Commons, said that the main reason to form the coalition, and to stay in it now, was to bring down the deficit. But if there is one issue that might seem distinctively Lib Dem, and on which Clegg might be able to score a victory, not least to placate his own backbenches, it is on reforming the House of Lords. Read more