The shadow Cabinet were gathering before their meeting at 2pm. One member told me
‘it is looking less like formal coalition now.’ But coalition remains the leadership’s preferred option.
Talking to Tory MPs—old and new—this morning, there’s a sense that they would slightly prefer minority government. Though, no-one is planning to blow themselves up if the country
does end up with a Tory-Lib Dem coalition.
One other interesting development today is that there is a growing expectation that David Davis will be recalled to the colours. Certainly, his return would make Cameron’s top team more
accurately reflect the ideological balance of the party.