I'm reserving judgement until I see the details of the deal.
The markets prefer Ken Clarke as chancellor so I'm annoyed he wasn't made that, with Cable as vice, but I suspect both will get key positions in the treasury of some description. The influence Osborne will have himself could well be negligible. I'm just happy something has been agreed upon before the markets started really slumping.
The tax break on inheritance tax for the rich has been scrapped as part of the deal apparently, so this is of course, good news.
The actions taken to reduce the deficit will be interesting as I suspect the coalition with struggle to cope with the contrasting opinions from either side. One solution in scrapping Trident probably won't happen since Fox looks set to be defence secretary and Cameron said he won't be budged on defence policy. All I know is I am extremely worried about the deficit and have been for years and it needs sorting asap. The markets reflect this too. Unfortunately, whoever the PM/ party in charge was, cuts in public spending simply had to happen. It's unavoidable, unless you want to slip closer to a Greece situation.
New Labour has been in general woeful for this country in my opinion and the party is rotten to the core. It needs a complete shake up.