Nick Clegg made the first concession on the proposal for a super-majority to dissolve parliament for an early election.
This will be one of what I expect will be a series of tweaks to push the measure through. Read more
Strange as it seems, one of the easiest concessions the Lib Dems won from the Tories was a guarantee on the length of a parliament. The reason is that David Cameron is as worried about a snap election as Nick Clegg.
This is a prize the Lib Dems have sought for decades. It puts hung parliaments on a more stable footing by taking away the right of a prime minister to suddenly call an election, just when his junior partner is crashing in the polls. Read more
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Jim Pickard is the FT's chief political correspondent, having joined the lobby team in January 2008. He has been at the FT since 1999 as a regional correspondent, assistant UK news editor and property correspondent.
Kiran Stacey is an FT political correspondent, having joined the lobby in 2011. He started at the FT as a graduate trainee in 2008, working on desks including UK companies and US equity markets before taking over the FT's Energy Source blog.
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