The coalition agreement is a document that, I suspect, most Conservatives can get behind. It is not perfect but then no coalition agreement was ever going to be. All of which makes me feel that the 118 is the more significant development of the day.
When you consider how many members of the parliamentary party are either on the government payroll or newbies you realise how substantial, in terms of numbers, this rebellion was. The leadership can't dismiss 118 MPs as a swivel-eyed fringe. There is a serious job to be done to rebuild trust.