Ten Things You Need to Know Today: Wednesday 11 Jul 2012

1. CAMERON TO OFFER LORDS COMPROMISE

David Cameron is planning to offer Nick Clegg a watered-down version of Lords reform which would see the remaining 92 hereditary peers replaced with elected members at the next general election in 2015, according to The Guardian. Yesterday, the coalition government suffered its biggest rebellion when 91 Conservative MPs opposed plans for a mainly elected House of Lords.

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