The Tories draw level with Labour but Miliband overtakes Cameron

Miliband's net satisfaction rating rises by 23 points in the latest Ipsos MORI poll but the Tories are now tied with Labour on 35%.

There's good and bad news for Ed Miliband in the latest Ipsos MORI political monitor. The good news is that his approval with his performance as Labour leader has surged since the conference season, with his net satisfaction rating rising by 23 points to -12, one point above Cameron's. That will reassure those Labour MPs who have long feared that Miliband's poor ratings could deny the party victory in 2015, although the test will be whether this bounce is sustained. 

But the bad news is that the party's poll lead has evaporated as voters give the Tories credit for the economic recovery (even if few are feeling the benefits). Support for Labour has fallen by two points to 35%, with the party now tied with the Conservatives for the first time since January 2012. While it's always impossible to say for certain why voters behave in the way they do, it is notable that the narrowing of Labour's poll lead (shown in all surveys) has coincided with a surge in economic optimism. MORI's poll shows that 42% believe that the economy will improve in the next 12 months, compared to 27% who believe it will get worse. 

There is some consolation for Miliband in the finding that his proposed energy price freeze is the most popular of all the policies announced during the conference season. But with growth likely to accelerate significantly next year, the fear in Labour will be that the Tories will continue to benefit. 

Ed Miliband with David Cameron during the service to celebrate the 60th anniversary of the Coronation of Queen Elizabeth II at Westminster Abbey. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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Donald Trump vs Barack Obama: How the inauguration speeches compared

We compared the two presidents on trade, foreign affairs and climate change – so you (really, really) don't have to.

After watching Donald Trump's inaugural address, what better way to get rid of the last few dregs of hope than by comparing what he said with Barack Obama's address from 2009? 

Both thanked the previous President, with Trump calling the Obamas "magnificent", and pledged to reform Washington, but the comparison ended there. 

Here is what each of them said: 

On American jobs

Obama:

The state of our economy calls for action, bold and swift.  And we will act, not only to create new jobs, but to lay a new foundation for growth.  We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.  We'll restore science to its rightful place, and wield technology's wonders to raise health care's quality and lower its cost.  We will harness the sun and the winds and the soil to fuel our cars and run our factories.  And we will transform our schools and colleges and universities to meet the demands of a new age.

Trump:

For many decades we've enriched foreign industry at the expense of American industry, subsidized the armies of other countries while allowing for the very sad depletion of our military.

One by one, the factories shuttered and left our shores with not even a thought about the millions and millions of American workers that were left behind.

Obama had a plan for growth. Trump just blames the rest of the world...

On global warming

Obama:

With old friends and former foes, we'll work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet.

Trump:

On the Middle East:

Obama:

To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. To those leaders around the globe who seek to sow conflict, or blame their society's ills on the West, know that your people will judge you on what you can build, not what you destroy. 

Trump:

We will re-enforce old alliances and form new ones and unite the civilized world against radical Islamic terrorism, which we will eradicate completely from the face of the earth.

On “greatness”

Obama:

In reaffirming the greatness of our nation we understand that greatness is never a given. It must be earned.

Trump:

America will start winning again, winning like never before.

 

On trade

Obama:

This is the journey we continue today.  We remain the most prosperous, powerful nation on Earth.  Our workers are no less productive than when this crisis began.  Our minds are no less inventive, our goods and services no less needed than they were last week, or last month, or last year.  Our capacity remains undiminished.  

Trump:

We must protect our borders from the ravages of other countries making our product, stealing our companies and destroying our jobs.

Protection will lead to great prosperity and strength. I will fight for you with every breath in my body, and I will never ever let you down.

Stephanie Boland is digital assistant at the New Statesman. She tweets at @stephanieboland