All i can say is that Lib Dems are a parasite! And the world will see how long they survive this dirty hypocrisy of theirs!
(BBC) - Labour recognise their efforts to do a deal with the Lib Dems to stay in power are over, the BBC understands.
The decision appears to clear the way for a Lib Dem and Tory deal which would see David Cameron succeeding Labour's Gordon Brown as prime minister.
The Lib Dems and Conservative teams are still in talks, four days after the UK election delivered a hung parliament.
Mr Cameron, Conservative leader, met Lib Dem leader Nick Clegg in private for an hour earlier on Tuesday.
Conservative MPs are due to meet at 2000 BST and Lib Dem MPs and peers are to meet at 1930 BST. Mr Clegg must secure a majority of support from his MPs and the ruling Lib Dem body - the federal executive - before pressing ahead with any deal.
'Respect results'
Meanwhile the FTSE 100 sank almost 2% - after soaring by more than 5% on Monday in the wake of an EU deal to try to stop the Greek debt crisis spreading.
Talks between Labour and the Lib Dems began formally on Monday when Gordon Brown announced he would be stepping down as Labour leader.
But several senior Labour figures have warned against a coalition with the Lib Dems, particularly if the price involves offering them a referendum on changing the voting system to proportional representation.
And cabinet minister Andy Burnham told the BBC that Labour had to "respect the results of the general election and we can't get away from the fact that Labour didn't win". An aide said he was merely voicing concerns among colleagues.
BBC political editor Nick Robinson said a senior Lib Dem source had told him that talks with Labour had been "amicable but problems remain on deliverability and Labour cohesion" while Labour sources said the Lib Dems had unaffordable tax and spending commitments.
And the BBC's business editor Robert Peston he had learned that in any Tory-Lib Dem deal, a decision on ministerial jobs would come later.
'Good discussions'
But he said the Tory commitment to cut spending by £6bn this year would stand - while the Tories would adopt the Lib Dem plan to raise the tax-free allowance on income tax to £10,000. He also said any big increase in the inheritance tax threshold would be kicked into the long grass while the Lib Dems were part of the government.
Entering the Tory-Lib Dem talks on Tuesday afternoon, senior Conservative William Hague said they felt "very strongly that there should be a government with a strong and secure majority in the House of Commons and an elected prime minister" and had "come here to hear the Liberal Democrat response".
Labour's Ed Miliband said they had had "good discussions" with the Lib Dems earlier.
But some Labour figures -including David Blunkett and John Reid - have warned against a deal.
Lib Dem leader Mr Clegg said talks had reached a "critical and final phase" and his party would "do our bit to create a stable, good government".
Both Labour and the Tories have been trying to woo the Lib Dems with promises on electoral reform to help them form a government, after the Conservatives won the most seats in Thursday's election but were short of an overall majority.
Labour say if the Lib Dems back them they will put the Alternative Vote system into law and then hold a referendum asking voters if they want a proportional representation voting system - a key issue for the Lib Dems.
Under AV, voters rank candidates in a constituency. If no-one gets 50% of votes the candidate finishing last gets eliminated and their second preferences are awarded to the remaining candidates. This continues until one candidates passes the 50% mark.
The Conservatives upped their offer to the Lib Dems to a promise of a referendum on changing the voting system from existing first past the post system to AV.
Speaking on Tuesday morning Mr Cameron said his party had made a "very reasonable" offer to the Lib Dems and had put aside party interest in favour of the national interest - the Conservatives oppose changing the voting system.
Mr Cameron said: "It's now, I believe, decision time, decision time for the Liberal Democrats and I hope they will make the right decision to give this country the strong, stable government that it badly needs and badly needs quickly."
But former Conservative cabinet minister Sir Malcolm Rifkind told the BBC he was "very angry" as he had believed Mr Clegg was "acting in a very honourable way" before learning his team had been secretly meeting Labour.
'Rainbow coalition'
Meanwhile David Miliband refused to be drawn on the progress of talks between the Lib Dems and Labour - but appeared to confirm he would stand to succeed Mr Brown as Labour leader, saying: "I'm certainly not going to be saying anything more - and none of the candidates are going to be saying anything more."
Senior Lib Dem and Labour figures have appeared to rule out a "rainbow coalition" involving the SNP and have said instead they could rule as a minority government, confident that the Scottish nationalists would not vote with the Conservatives.
Nick Clegg: Talks in critical and final phase
The decision appears to clear the way for a Lib Dem and Tory deal which would see David Cameron succeeding Labour's Gordon Brown as prime minister.
The Lib Dems and Conservative teams are still in talks, four days after the UK election delivered a hung parliament.
Mr Cameron, Conservative leader, met Lib Dem leader Nick Clegg in private for an hour earlier on Tuesday.
Conservative MPs are due to meet at 2000 BST and Lib Dem MPs and peers are to meet at 1930 BST. Mr Clegg must secure a majority of support from his MPs and the ruling Lib Dem body - the federal executive - before pressing ahead with any deal.
'Respect results'
Meanwhile the FTSE 100 sank almost 2% - after soaring by more than 5% on Monday in the wake of an EU deal to try to stop the Greek debt crisis spreading.
Talks between Labour and the Lib Dems began formally on Monday when Gordon Brown announced he would be stepping down as Labour leader.
But several senior Labour figures have warned against a coalition with the Lib Dems, particularly if the price involves offering them a referendum on changing the voting system to proportional representation.
And cabinet minister Andy Burnham told the BBC that Labour had to "respect the results of the general election and we can't get away from the fact that Labour didn't win". An aide said he was merely voicing concerns among colleagues.
BBC political editor Nick Robinson said a senior Lib Dem source had told him that talks with Labour had been "amicable but problems remain on deliverability and Labour cohesion" while Labour sources said the Lib Dems had unaffordable tax and spending commitments.
And the BBC's business editor Robert Peston he had learned that in any Tory-Lib Dem deal, a decision on ministerial jobs would come later.
'Good discussions'
But he said the Tory commitment to cut spending by £6bn this year would stand - while the Tories would adopt the Lib Dem plan to raise the tax-free allowance on income tax to £10,000. He also said any big increase in the inheritance tax threshold would be kicked into the long grass while the Lib Dems were part of the government.
Entering the Tory-Lib Dem talks on Tuesday afternoon, senior Conservative William Hague said they felt "very strongly that there should be a government with a strong and secure majority in the House of Commons and an elected prime minister" and had "come here to hear the Liberal Democrat response".
Labour's Ed Miliband said they had had "good discussions" with the Lib Dems earlier.
But some Labour figures -including David Blunkett and John Reid - have warned against a deal.
Lib Dem leader Mr Clegg said talks had reached a "critical and final phase" and his party would "do our bit to create a stable, good government".
Both Labour and the Tories have been trying to woo the Lib Dems with promises on electoral reform to help them form a government, after the Conservatives won the most seats in Thursday's election but were short of an overall majority.
Labour say if the Lib Dems back them they will put the Alternative Vote system into law and then hold a referendum asking voters if they want a proportional representation voting system - a key issue for the Lib Dems.
Under AV, voters rank candidates in a constituency. If no-one gets 50% of votes the candidate finishing last gets eliminated and their second preferences are awarded to the remaining candidates. This continues until one candidates passes the 50% mark.
The Conservatives upped their offer to the Lib Dems to a promise of a referendum on changing the voting system from existing first past the post system to AV.
Speaking on Tuesday morning Mr Cameron said his party had made a "very reasonable" offer to the Lib Dems and had put aside party interest in favour of the national interest - the Conservatives oppose changing the voting system.
Mr Cameron said: "It's now, I believe, decision time, decision time for the Liberal Democrats and I hope they will make the right decision to give this country the strong, stable government that it badly needs and badly needs quickly."
But former Conservative cabinet minister Sir Malcolm Rifkind told the BBC he was "very angry" as he had believed Mr Clegg was "acting in a very honourable way" before learning his team had been secretly meeting Labour.
'Rainbow coalition'
Meanwhile David Miliband refused to be drawn on the progress of talks between the Lib Dems and Labour - but appeared to confirm he would stand to succeed Mr Brown as Labour leader, saying: "I'm certainly not going to be saying anything more - and none of the candidates are going to be saying anything more."
Senior Lib Dem and Labour figures have appeared to rule out a "rainbow coalition" involving the SNP and have said instead they could rule as a minority government, confident that the Scottish nationalists would not vote with the Conservatives.
Nick Clegg: Talks in critical and final phase
The Tories secured 306 of the 649 constituencies contested on 6 May. It leaves the party short of the 326 MPs needed for an outright majority, with the Thirsk and Malton seat - where the election was postponed after the death of a candidate - still to vote.
Labour finished with 258 MPs, down 91, the Lib Dems 57, down five, and other parties 28.
If Labour and the Lib Dems joined forces, they would still not have an overall majority.
With the support of the Northern Irish SDLP, one Alliance MP, and nationalists from Scotland and Wales they would reach 328, rising to 338 if the DUP, the independent unionist and the new Green MP joined them.
Labour finished with 258 MPs, down 91, the Lib Dems 57, down five, and other parties 28.
If Labour and the Lib Dems joined forces, they would still not have an overall majority.
With the support of the Northern Irish SDLP, one Alliance MP, and nationalists from Scotland and Wales they would reach 328, rising to 338 if the DUP, the independent unionist and the new Green MP joined them.
