Ann Arbor, Mi: Nick Clegg and David Cameron met this evening (UK time) at Admiralty House and apparently the two leaders, who come from very similar social backgrounds, had a constructive and amicable discussion. Nick appears to be receiving some logistical support from the civil service. The negotiating teams will meet again at 11 a.m. BST. This all suggests a good atmosphere and discussions on areas of agreement and disagreement.
Nick appears to have kept his party on side for now and Dave has attempted to reassure supporters through an E mail. Some concern has been expressed among senior Conservative backbenchers about a lack of consultation, but the only way the Conservatives will get into Downing Street is by doing a deal with the Liberals. There's no certainty of that happening, but the prospects look reasonably good. However, Dave has made it clear that action will have to be taken to deal with the deficit.