Has Nick Clegg ruled out a pact with the Tories?

No, in short, he hasn’t. Clegg was deemed to have compromised his party’s intricate anti-politics strategy by ruling out a ‘progressive’ coalition with Labour led by Gordon Brown, a stance that suggested Clegg sought the affections of David Cameron. Clegg has since clarified his position:

“I think, if Labour do come third in terms of the number of votes cast, then people would find it inexplicable that Gordon Brown himself could carry on as prime minister.