Tuesday 6 December 2016

Nicholas Leonard: Cameron and Clegg chained together until economy fixed

Nicholas Leonard

Published 09/05/2011 | 05:00

Britain's coalition government is one year old tomorrow and the only thing holding its fractious partners together is the scale of the economic crisis.

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"Ruthless, calculating and very tribal," is how the Liberal Democrat business minister described his Conservative cabinet colleagues last week.

But the UK is borrowing about €450m every day to keep the country going. If the coalition collapsed, the money markets would take fright and do a Greece or an Ireland on the treasury.

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