The Conservative Party yesterday signalled that Ulster Unionists could secure a Cabinet post in any future Tory government - although a final deal between the parties has yet to be announced.

Talks on forging a new political alliance are already well advanced and the discussions have sparked speculation that unionists could figure in Conservative plans after the next general election.

Shadow Secretary of State for Northern Ireland Owen Paterson yesterday indicated the Ulster Unionist Party (UUP) could yet play an important role in any new administration.

"We would like to see fully paid-up members of parliament participating at all levels in Westminster," said Mr Paterson. "Operating in back-bench committees. Operating in the front-bench team. Becoming ministers if we became the government. Ultimately, why not, becoming Cabinet ministers."

The Tories and Ulster Unionists have been in talks throughout the summer but have yet to announce a final deal on closer co-operation.