Well Hague set it out clearly as a last and final offer on Sky. Lib Dems have to choose a stable majority Govt with Tories plus a referendum on voting reform OR go in with Labour in an unstable Govt with a new unelected Prime Minister who is yet to be appointed.
Personally, I now think Cameron should appear on TV and effectively appeal to The Queen over the heads of the other parties to appoint him as PM unless and until another group of parties form a coalition. These negotiations could go on for ever otherwise.
The financial stability of the country is at stake here.
MintHumbug - agree with you. I dread to think what is being done and signed away during this interim period.