David Cameron will begin work today on putting together his new coalition government with the Liberal Democrats.

Following the Witney MP's triumphant arrival at No 10 last night, the new Conservative Prime Minister declared that it would be a "full and proper" coalition between the two parties.

No 10 has confirmed that Nick Clegg had been appointed Deputy Prime Minister, serving as one of five Liberal Democrat ministers in the new administration.

Other posts confirmed are George Osborne as Chancellor and William Hague as Foreign Secretary. Liam Fox as Defence Secretary and Andrew Lansley as Health Secretary are also thought to have retained their shadow cabinet portfolios.

On the Liberal Democrat side it is thought that there will be jobs for Treasury spokesman Vince Cable and home affairs spokesman Chris Huhne, as well as a number of junior postings.

Details of the power-sharing agreement hammered out over five days of negotiations began to emerge in Westminster briefings.

Under the terms of the deal the UK will move to five-year fixed-term parliaments with the next election to be called on the first Thursday of May 2015.