As a follow-up to my post yesterday before the formation of the Conservative/Lib Dem Coalition Government, you might want to look at this article by Geoff Brumfiel at naturenews which looks at the coalition agreement published today and speculates what it might mean for science.
Interestingly I noticed on the Downing Street website this evening that other invitees to Cabinet meetings (i.e. not a full member of Cabinet) will include David Willets who is described as Minister of State (Universities and Science), Department for Business, Innovation and Skills.
If you want to see the full text of the agreement you can find it on The Guardian website. I believe a longer more detailed document will be published by the Government shortly.