The Boss on EURef has already written about the story in his inimitable fashion and, as it happens, I have heard that tale of the unreliable Hannan from other sources as well.
Last time there was talk of an electoral pact, Farage offered one to the Tories if they promised to have an IN/OUT referendum. The offer was greeted with loud guffaws and was as stupid an idea as anyone had ever heard.
Now the offer is somewhat different. Fresh from the doubtful achievement of around 8 per cent of the vote (13.8 per cent outside London) on a 32 per cent turn-out and touting the odd opinion poll that puts UKIP ahead of the Lib-Dims together with those endless never-coming-to-anything rumours about Tories who might want to commit electoral suicide by joining UKIP, Nigel Farage has apparently offered to throw away the party's strongest weapon, the ability to take votes away and to run joint candidates.
But with Ukip regularly polling around 10% - sometimes beating the Liberal Democrats into fourth place - and with more than a quarter of Tory supporters in a recent survey saying they would consider voting for the eurosceptic party, Mr Farage believes that some Conservatives are attracted by the idea of co-operation.
Asked about the possibility of joint Tory/Ukip candidates, Mr Farage told The Spectator magazine: "What I do know is there are Conservative associations up and down the country who think this could be a way forward.
"All I would say to you is that in terms of co-operation or deals or anything in the future, firstly it's some way off. But secondly, I can see that there are associations thinking along these lines. If they approach us, would I entertain and contemplate such ideas? Of course I would."
Mr Farage said he hoped Ukip could be the "catalyst" for a "reconfiguration of British politics", that would see a more libertarian party of the right emerge, committed not only to withdrawal from the EU but also a smaller state.As I have said before, if UKIP were going to provide that catalyst it ought to be a good deal nearer to having an MP or two or, perhaps, a dozen. After twenty years of existence, nudging the Lib-Dims is just not sufficient achievement. The truth is that nothing will come of this idea of co-operation any more than of any previous one: if nothing else most UKIP members will object to being swallowed up by the Tories whom they rightly do not trust. Would it not be better if Mr Farage and his flunkeys finally started thinking about strengthening the party and working out some better strategies?