James Forsyth James Forsyth

Guardian: Clegg setting a Monday night deadline for any deal with the Tories

Patrick Wintour reports in The Guardian tonight that Nick Clegg thinks that the talks between the Tories and the Lib Dems have only 24 hours to run before the public loses patience. This suggests that tomorrow night has become the unofficial deadline for a deal to be agreed.

On the Tory side, David Cameron would be in a far stronger position if he arrived at the meeting of the Tory parliamentary party at 6pm on Monday night with a deal. If there’s a deal, I suspect that some MPs will pull their horns in. But if nothing has been agreed, MPs will express themselves more fully.

One thing to watch tomorrow is how the markets react. Given everything else that is going on, it’ll be hard to isolate any hung parliament effect. But if there is a significant fall in sterling then it will create pressure for a quick agreement.

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