Cameron’s cabinet starts to take shape

George Osborne was confirmed as Chancellor of the Exchequer and William Hague as Foreign Secretary in the new Conservative/Liberal Democrat coalition British Government.

Senior Conservative sources confirmed the two men retain the roles they held in the Tory shadow cabinet, scotching widespread speculation that the Chancellor’s job might go to Kenneth Clarke or even Lib Dem Vince Cable.

Downing Street this evening said no ministerial posts would be officially confirmed tonight, but reports suggested the deal struck between David Cameron and Nick Clegg’s parties includes a promise of six seats around the Cabinet table for Liberal Democrats.

Mr Clegg himself may be rewarded for leading his party to a share of power with the post of Deputy Prime Minister.

And it is expected that Mr Cable will be appointed Mr Osborne’s number two as Chief Secretary to the Treasury.