Lib Dem and Labour voters have more in common than you think

New polling analysis shows that Lib Dem supporters continue to lean to the left.

In this week's New Statesman, Richard Reeves, Nick Clegg's former strategy director, calls for a recasting of the Liberal Democrats as a centrist liberal force that divorces itself from the party's social democrat past. Intellectually, the case may be a powerful one. But electorally, there is a huge problem: the strategy ignores the people who support the Lib Dems today.

Even though so many left-leaning voters have deserted the party, few of its loyal supporters are classical liberals of the centre or soft-right. New Fabian Society analysis of YouGov polling from the last 12 months shows that, even after two years of the coalition, the Lib Dems' remaining supporters are much closer to Labour than to Tory voters. Lib Dem and Labour supporters share views on the economy and government and far more Lib Dems would consider voting Labour than Conservative.

First, consider how people identify on a left-right political spectrum. 43% of remaining Lib Dem supporters describe themselves as on the left of politics, compared to 53% of Labour supporters and 1% of Conservatives. By contrast, just 8% of Lib Dem and 6% of Labour voters place themselves on the right of politics, compared to 60% of Conservative supporters.

Labour and Lib Dem supporters also have similar views on the role of government in British life. Consider this statement of the liberal case against the state: "Government should do the bare minimum and stay out of people's way; people are freer when there is less Government". Forty four per cent of Conservative voters say it's a convincing argument, compared to just 24% of Lib Dem and 22% of Labour voters.

It's a similar story on the economy. Forty eight per cent of Conservative voters are sympathetic to cutting red-tape, compared to 13% of current Lib Dems and 9% of Labour supporters. Forty two per cent of Lib Dems and 40% of Labour supporters want an interventionist industrial strategy, compared to 25% of Conservatives.

So how does this translate into the political preferences of Lib Dem supporters? During the summer, YouGov found that 54% of remaining Lib Dem voters would consider voting Labour, while only 36% would consider the Conservatives (defined as a 4 out of 10 chance of voting for the party in question). This finding is so striking because we are talking about current Lib Dem supporters not the defectors.  This pro-Labour bias comes on top of Lib Dem deserters splitting 4-to-1 in Labour's favour.

These new insights into the Lib Dems' remaining supporters should give both parties pause for thought. It suggests, for the Liberal Democrats, that a centrist appeal to classical liberalism will do little to consolidate the party's current support, let alone grow it. It demonstrates that, in the voters' eyes, the Lib Dems should reject 'equidistance' in favour of a pro-Labour bias.

Meanwhile, Labour politicians need to recognise that most remaining Lib Dem supporters continue to have left-leaning views. If the electoral maths demands it, Labour should stand ready to cooperate with a party that speaks for people who share their values and are deeply suspicious of Conservatism.

Labour and Lib Dem supporters have similar views on the role of government. Photograph: Getty Images.

Andrew Harrop is general secretary of the Fabian Society.

Photo: Getty Images
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How can Britain become a nation of homeowners?

David Cameron must unlock the spirit of his postwar predecessors to get the housing market back on track. 

In the 1955 election, Anthony Eden described turning Britain into a “property-owning democracy” as his – and by extension, the Conservative Party’s – overarching mission.

60 years later, what’s changed? Then, as now, an Old Etonian sits in Downing Street. Then, as now, Labour are badly riven between left and right, with their last stay in government widely believed – by their activists at least – to have been a disappointment. Then as now, few commentators seriously believe the Tories will be out of power any time soon.

But as for a property-owning democracy? That’s going less well.

When Eden won in 1955, around a third of people owned their own homes. By the time the Conservative government gave way to Harold Wilson in 1964, 42 per cent of households were owner-occupiers.

That kicked off a long period – from the mid-50s right until the fall of the Berlin Wall – in which home ownership increased, before staying roughly flat at 70 per cent of the population from 1991 to 2001.

But over the course of the next decade, for the first time in over a hundred years, the proportion of owner-occupiers went to into reverse. Just 64 percent of households were owner-occupier in 2011. No-one seriously believes that number will have gone anywhere other than down by the time of the next census in 2021. Most troublingly, in London – which, for the most part, gives us a fairly accurate idea of what the demographics of Britain as a whole will be in 30 years’ time – more than half of households are now renters.

What’s gone wrong?

In short, property prices have shot out of reach of increasing numbers of people. The British housing market increasingly gets a failing grade at “Social Contract 101”: could someone, without a backstop of parental or family capital, entering the workforce today, working full-time, seriously hope to retire in 50 years in their own home with their mortgage paid off?

It’s useful to compare and contrast the policy levers of those two Old Etonians, Eden and Cameron. Cameron, so far, has favoured demand-side solutions: Help to Buy and the new Help to Buy ISA.

To take the second, newer of those two policy innovations first: the Help to Buy ISA. Does it work?

Well, if you are a pre-existing saver – you can’t use the Help to Buy ISA for another tax year. And you have to stop putting money into any existing ISAs. So anyone putting a little aside at the moment – not going to feel the benefit of a Help to Buy ISA.

And anyone solely reliant on a Help to Buy ISA – the most you can benefit from, if you are single, it is an extra three grand from the government. This is not going to shift any houses any time soon.

What it is is a bung for the only working-age demographic to have done well out of the Coalition: dual-earner couples with no children earning above average income.

What about Help to Buy itself? At the margins, Help to Buy is helping some people achieve completions – while driving up the big disincentive to home ownership in the shape of prices – and creating sub-prime style risks for the taxpayer in future.

Eden, in contrast, preferred supply-side policies: his government, like every peacetime government from Baldwin until Thatcher’s it was a housebuilding government.

Why are house prices so high? Because there aren’t enough of them. The sector is over-regulated, underprovided, there isn’t enough housing either for social lets or for buyers. And until today’s Conservatives rediscover the spirit of Eden, that is unlikely to change.

I was at a Conservative party fringe (I was on the far left, both in terms of seating and politics).This is what I said, minus the ums, the ahs, and the moment my screensaver kicked in.

Stephen Bush is editor of the Staggers, the New Statesman’s political blog.