Hollande takes the first round in France

Exit polls put Socialist candidate ahead of Sarkozy as support for Le Pen surges.

Update: The final result of the first round gave François Hollande a narrower-than-expected lead over Sarkozy. Hollande won 28.6 per cent of the vote, with Sarkozy on 27.1 per cent. Marine Le Pen won 18.1 per cent of the vote, a lower share than suggested by the exit poll but still a record result for the National Front. The Left Front's Jean-Luc Mélenchon was in fouth place on 11.1 per cent, with François Bayrou behind him on 9.1 per cent.

The official exit poll for the first round of the French presidential election has just been released and, as expected, François Hollande is on course for victory. The Socialist candidate has 28.4 per cent of the vote, with Nicolas Sarkozy trailing on 25.5 per cent, the first sitting president to lose the opening round of a French election.

Of note is the depressingly large vote for Marine Le Pen, who appears to have benefited from Sarkozy's shamelessly demagogic campaign. The poll suggests she has won 20 per cent, the highest-ever level of support for a National Front candidate. Sarkozy will hope that he can win the run-off on 6 May if enough NF voters transfer their support to him, but polls currently suggest that only 45 per cent will do so, with 12 per cent backing Hollande and the reminder abstaining.

The Left Front's Jean-Luc Mélenchon, who was in third place at one point, is currently a distant fourth with 11.7 per cent of the vote. In a boost for Hollande, he immediately urged his supporters to back the Socialist in the second round in order to defeat Sarkozy. François Bayrou, the eternal "third man" of French politics, is in fifth place on 8.5 per cent.

Based on tonight's results, Hollande is likely to become France's first Socialist president since 1995, when his mentor François Mitterand was in the Elysée. Another shift to the right by Sarkozy would risk alienating the centrist voters he needs to have any hope of victory.

Socialist candidate François Hollande appears after the results of the first round of the 2012 French Presidential election. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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I believe only Yvette Cooper has the breadth of support to beat Jeremy Corbyn

All the recent polling suggests Andy Burnham is losing more votes than anyone else to Jeremy Corbyn, says Diana Johnson MP.

Tom Blenkinsop MP on the New Statesman website today says he is giving his second preference to Andy Burnham as he thinks that Andy has the best chance of beating Jeremy.

This is on the basis that if Yvette goes out first all her second preferences will swing behind Andy, whereas if Andy goes out first then his second preferences, due to the broad alliance he has created behind his campaign, will all or largely switch to the other male candidate, Jeremy.

Let's take a deep breath and try and think through what will be the effect of preferential voting in the Labour leadership.

First of all, it is very difficult to know how second preferences will switch. From my telephone canvassing there is some rather interesting voting going on, but I don't accept that Tom’s analysis is correct. I have certainly picked up growing support for Yvette in recent weeks.

In fact you can argue the reverse of Tom’s analysis is true – Andy has moved further away from the centre and, as a result, his pitch to those like Tom who are supporting Liz first is now narrower. As a result, Yvette is more likely to pick up those second preferences.

Stats from the Yvette For Labour team show Yvette picking up the majority of second preferences from all candidates – from the Progress wing supporting Liz to the softer left fans of Jeremy – and Andy's supporters too. Their figures show many undecideds opting for Yvette as their first preference, as well as others choosing to switch their first preference to Yvette from one of the other candidates. It's for this reason I still believe only Yvette has the breadth of support to beat Jeremy and then to go on to win in 2020.

It's interesting that Andy has not been willing to make it clear that second preferences should go to Yvette or Liz. Yvette has been very clear that she would encourage second preferences to be for Andy or Liz.

Having watched Andy on Sky's Murnaghan show this morning, he categorically states that Labour will not get beyond first base with the electorate at a general election if we are not economically credible and that fundamentally Jeremy's economic plans do not add up. So, I am unsure why Andy is so unwilling to be clear on second preferences.

All the recent polling suggests Andy is losing more votes than anyone else to Jeremy. He trails fourth in London – where a huge proportion of our electorate is based.

So I would urge Tom to reflect more widely on who is best placed to provide the strongest opposition to the Tories, appeal to the widest group of voters and reach out to the communities we need to win back. I believe that this has to be Yvette.

The Newsnight focus group a few days ago showed that Yvette is best placed to win back those former Labour voters we will need in 2020.

Labour will pay a massive price if we ignore this.

Diana Johnson is the Labour MP for Hull North.