Labour lead just five points in new poll

Latest ComRes poll shows slim lead for Labour as the Tories increase their lead on the economy to nine points.

The latest ComRes/Independent on Sunday poll is a disappointing one for Labour. It puts the party's lead at just five points, unchanged since last month's survey, which showed a bounce for the Tories following David Cameron's promise of an EU referendum. Labour is on 36 per cent (-1), with the Tories on 31 per cent (-1), UKIP on 14 per cent (+1) and the Lib Dems on eight per cent (-3).

David Cameron and George Osborne have also increased their lead on the economy from one point to nine points. Twenty seven per cent of people say they trust Cameron and Osborne "to make the right decisions about the economy" and fifty one per cent say they do not, compared to 20 per cent who say they trust Ed Miliband and Ed Balls and 55 per cent who say they do not.

Midway through the parliament and with economic growth non-existent, one would expect Labour to be performing better. Governments tend to gain support in the run-up to a general election (as Gordon Brown's did), so the party needs a much greater cushion than five points.

This is, of course, just one poll; an ICM/Guardian survey earlier this week put the party's lead at 12 points and the most recent YouGov poll put it at 11. But the ComRes survey is a good example of why most shadow ministers privately think another hung parliament is the most likely outcome of the next election.

Ed Miliband and Ed Balls trail David Cameron and George Osborne on the economy by nine points. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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Labour tensions boil over at fractious MPs' meeting

Corbyn supporters and critics clash over fiscal charter U-turn and new group Momentum. 

"A total fucking shambles". That was the verdict of the usually emollient Ben Bradshaw as he left tonight's Parliamentary Labour Party meeting. His words were echoed by MPs from all wings of the party. "I've never seen anything like it," one shadow minister told me. In commitee room 14 of the House of Commons, tensions within the party - over the U-turn on George Osborne's fiscal charter and new Corbynite group Momentum - erupted. 

After a short speech by Jeremy Corbyn, shadow chancellor John McDonnell sought to explain his decision to oppose Osborne's fiscal charter (having supported it just two weeks ago). He cited the change in global economic conditions and the refusal to allow Labour to table an amendment. McDonnell also vowed to assist colleagues in Scotland in challenging the SNP anti-austerity claims. But MPs were left unimpressed. "I don't think I've ever heard a weaker round of applause at the PLP than the one John McDonnell just got," one told me. MPs believe that McDonnell's U-turn was due to his failure to realise that the fiscal charter mandated an absolute budget surplus (leaving no room to borrow to invest), rather than merely a current budget surplus. "A huge joke" was how a furious John Mann described it. He and others were outraged by the lack of consultation over the move. "At 1:45pm he [McDonnell] said he was considering our position and would consult with the PLP and the shadow cabinet," one MP told me. "Then he announces it before 6pm PLP and tomorow's shadow cabinet." 

When former shadow cabinet minister Mary Creagh asked Corbyn about the new group Momentum, which some fear could be used as a vehicle to deselect critical MPs (receiving what was described as a weak response), Richard Burgon, one of the body's directors, offered a lengthy defence and was, one MP said, "just humiliated". He added: "It looked at one point like they weren't even going to let him finish. As the fractious exchanges were overheard by journalists outside, Emily Thornberry appealed to colleagues to stop texting hacks and keep their voices down (within earshot of all). 

After a calmer conference than most expected, tonight's meeting was evidence of how great the tensions within Labour remain. Veteran MPs described it as the worst PLP gathering for 30 years. The fear for all MPs is that they have the potential to get even worse. 

George Eaton is political editor of the New Statesman.