David Cameron is desperate for a Con-Lib pact in a bid to block George Osborne from Number 11 Downing Street, it was revealed today.
Sources close to the Tory leader have revealed Mr Cameron is now trying to find a way to stop the shadow chancellor from becoming chancellor of the exchequer if the Conservatives win the coming election.
A Cameron aide said: "David was joking a few years back that if he became leader, George could be chancellor. It was a joke as Osborne has no experience of running anything and is a bit of a loon.
"He only got the shadow job in the end as David was too polite to say no and George's father-in-law has some juicy photos he doesn't want coming out."
Cameron is now trying to woo the Liberal Democrats into a coalition so after the general election Osborne can be given a low-impact portfolio, such as the English regions, and Vince Cable of the Lib Dems can take over the Treasury.
The deal will also exclude Nick Clegg from a government post, to avoid embarrassment, and give 12 Lib Dem MPs/peers minor roles. Paddy Ashdown will become king of the world.
However, a growing band of Conservative Osbornite MPs - the so-called twits - may throw a Fortnum & Mason's spanner in the works.
The Cameron insider said: "A power struggle at the centre of the party is brewing. The Cameronite/Osbornite split has the potential to split the party and rip away an election victory."
The locus of the split in the party is the Osbornites want to do what mummy tells them and the Cameronites what to do what looks good to get into power.
The source added by letting it be known the Conservatives would enter into a coalition with the Lib Dems, it would hit their popularity so much that the result would be a hung parliament, instead of a landslide victory.
Following the ousting of Osborne, Cameron would then hold a second general election to obtain a fuller mandate in October 2010.
"It may be a bloody awkward and expensive way to give George the boot, but when David sees him he just wants to cry," the source said.