The Tories are very lucky the Lib Dems didn’t accept George Osborne’s coupon deal
British politics today might have been very different if the Lib Dems had accepted Osborne’s deal
The Mail on Sunday are serialising the memoirs of David Laws, the former Liberal Democrat cabinet minister, in it he reveals that
The Tories secretly tried to form a 2015 Election pact with the Lib Dems to keep the Coalition going, according to David Laws.
He says George Osborne proposed a so-called ‘coupon election’ deal with the Lib Dems, whereby up to 50 Tory MPs would have been written off, ordered to make way for Lib Dems.
If the deal had gone ahead, Clegg would still be in Downing Street in a ‘Coalition Mark II’.
And it would have made David Cameron’s outright victory last May impossible. Osborne told Laws: ‘We should be thinking of a deal in 2015 where we don’t fight each other in our key seats… a ‘coupon Election’.
‘We wouldn’t stand in places like Taunton and Wells and you wouldn’t stand in some of our marginal seats.’
Laws and Clegg turned the deal down because the Lib Dems would be seen as Tory ‘lapdogs’ – and it could spark a ‘riot’ among Lib Dem activists. Laws’ account confirms rumours in 2011 and 2012 that Cameron and Osborne wanted a Con-Lib pact to avoid defeat.
Right-wing MPs claimed it was a Downing Street plot to merge the two parties and water down traditional Tory policies. No 10 denied such a move had been made.
The term, ‘coupon election’, dates back to 1918 when Coalition leaders Lloyd George and Bonar Law regained power by using coupons to endorse coalition candidates.
The Lib Dems might think in hindsight they should have taken the deal and ended up with around 45 MPs instead of the 8 they currently have, but Laws is right, the Lib Dems would have been portrayed as Tory lapdogs for a generation.
What this coupon deal would have done is energised a lot of the non Cameroon Tory right to defect to UKIP, from the Parliamentary party to the voluntary party as it would have confirmed their worst fears about Cameron and Osborne. Douglas Carswell and Mark Reckless wouldn’t have been the only Tory MPs who defected to UKIP in the last Parliament. I’m fairly certain this deal would have seen UKIP end up with more than just one MP at the last general election. This deal would have also upset and annoyed  Tories activists and members in the Lib Dem held seats the Tories were hoping (and did gain) in 2015.
George Osborne’s reputation is at an all time low, stories like this, how he nearly denied the Tories a majority, prevented the Lib Dem wipe out and boosted UKIP will not help his reputation recover. Even if he denies it and says it is a Lib Dem fantasy, you can believe it is something Osborne would have offered.