I feel that the endgame is drawing near. Word from Iain Martin is that Number 10 has given up any hope of a Lib-Lab deal. The talks at the Cabinet Office are still going on and trying to hammer out an agreement. David Cameron is meeting Tory MPs at the moment to reassure he's not selling off the family silver to the LibDems. LibDem and Tory spokesmen are being very statesmanlike on TV. I was on with Norman Baker earlier and I couldn't disagree with a word he said - and that doesn't often happen. Ben Brogan believes the compromise on electoral reform will be a free vote on whether to have a referendum on the issue. I cannot see why that would be a step too far for Tory MPs. It's something I have floated in various interviews over the last few days.
I suspect Clegg and Cameron will meet again this evening. Wouldn't it be wonderful if they could announce a deal tonight?
UPDATE 5.40pm: Clegg and Cameron have talked on the phone. Hague and his team have just emerged giving details of the issues which have been covered. He says they will be meeting again within the next 24 hours after having reported back to their respective leaders.