A grim poll for the Tories

Labour lead up to eight points as Tory support falls to just 33 per cent in new Populus poll.

David Cameron is said by some to have emerged almost unscathed from the Liam Fox imbroglio and last week's terrible unemployment figures. But the latest monthly Populus/Times poll (£), the first to be conducted since Fox's resignation, makes grim reading for the Prime Minister. Labour's advantage over the Conservatives is up from four points to eight points, the party's largest lead in a Populus poll since the election-that-never-was in 2007. By contrast, the Tories' share of the vote is down to just 33 per cent, their worst Populus figure in this parliament. Regardless of whether you take into account the likely effect of the boundary changes, George Osborne wouldn't get the majority he craves on these figures. And there's little to cheer the Lib Dems, who are down four points to just 8 per cent, their lowest figure since Populus started polling for the Times in 2003.

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Latest poll (Populus/Times) Labour majority of 94 (uniform swing).

There is also some evidence that Fox's resignation has damaged the Tories' reputation. The number saying that they are "honest and principled" has dropped from 36 per cent in September to 30 per cent this month, while the proportion saying that they are "competent and capable" has fallen from 48 per cent last month to 42 per cent now.

However, it isn't all bad news for the Tories. Cameron and George Osborne are still rated as a better economic team than Ed Miliband and Ed Balls (a remarkable political achievement given that the economy hasn't grown for nine months), although their lead has fallen from 18 per cent in June to 13 per cent in September. The full data tables aren't available yet but the Times reports: "This drop is particularly pronounced among women, where the lead fell from 20 per cent to 11 per cent over the same period, and from 28 per cent to 9 per cent among skilled manual workers (C2s)."

New Statesman Poll of Polls

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Labour majority of 50 (uniform swing).

Yet so long as the Conservatives retain their lead on the economy and Cameron is rated as a better leader than Miliband, the Tories will be confident of clawing back Labour's lead. As I always point out, personal approval ratings are often a better long-term indicator of the next election result than voting intentions. Labour frequently led the Tories under Neil Kinnock, for instance, but Kinnock was never rated above John Major as a potential prime minister. As the economy enters a new and dangerous phase, it will be worth watching to see whether these ratings begin to swing in Miliband's favour.

P.S. Conversely, the latest YouGov poll puts Labour's lead at just three points. Miliband's party is on 40 per cent, the Tories are on 37 per cent, and the Lib Dems are on 9 per cent.

George Eaton is political editor of the New Statesman.

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John McDonnell praises New Labour as he enters conciliatory mode

The shadow chancellor sought to build a bridge between the past and the present by crediting the 1997 government. 

Ever since Jeremy Corbyn became Labour leader, John McDonnell has been on a mission to reinvent himself as a kinder, gentler politician. He hasn’t always succeeded. In July, the shadow chancellor declared of rebel MPs: “As plotters they were fucking useless”.

But in his Labour conference speech, Corbyn’s closest ally was firmly in conciliatory mode. McDonnell thanked Owen Smith for his part in defeating the Personal Independence Payment cuts. He praised Caroline Flint, with whom he has clashed, for her amendment to the financial bill on corporate tax transparency. Jonathan Reynolds, who will soon return to the frontbench, was credited for the “patriots pay their taxes” campaign (the latter two not mentioned in the original text).

McDonnell’s ecunmenicism didn’t end here. The 1997 Labour government, against which he and Corbyn so often defined themselves, was praised for its introduction of the minimum wage (though McDonnell couldn’t quite bring himself to mention Tony Blair). Promising a “real Living Wage” of around £10 per hour, the shadow chancellor sought to build a bridge between the past and the present. Though he couldn’t resist adding some red water as he closed: “In this party you no longer have to whisper it, it's called socialism. Solidarity!”

As a rebuke to those who accuse him of seeking power in the party, not the country, McDonnell spoke relentlessly of what the next Labour “government” would do. He promised a £250bn National Investment Bank, a “Right to Own” for employees, the repeal of the Trade Union Act and declared himself “interested” in the potential of a Universal Basic Income. It was a decidedly wonkish speech, free of the attack lines and jokes that others serve up.

One of the more striking passages was on McDonnell’s personal story (a recurring feature of Labour speeches since Sadiq Khan’s mayoral victory). “I was born in the city [Liverpool], not far from here,” he recalled. “My dad was a Liverpool docker and my mum was a cleaner who then served behind the counter at British Homes Stores for 30 years. I was part of the 1960's generation.  We lived in what sociological studies have described as some of the worst housing conditions that exist within this country. We just called it home.”

In his peroration, he declared: “In the birthplace of John Lennon, it falls to us to inspire people to imagine.” Most Labour MPs believe that a government led by Corbyn and McDonnell will remain just that: imaginary. “You may say I'm a dreamer. But I'm not the only one,” the shadow chancellor could have countered. With his praise for New Labour, he began the work of forging his party’s own brotherhood of man.

George Eaton is political editor of the New Statesman.