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Who should be happiest about the polls: Jeremy Corbyn, or Theresa May?

Labour believe their small lead will only grow – but some Tories think that the only way for the opposition is down. 

Who should be happiest about the state of the polls? The intriguing feature of the polls at the moment is that all Britain’s first, second and third parties can all claim to be happy about them.

 Labour, understandably, point to their small lead over the Conservatives, the transformation in Jeremy Corbyn’s approval ratings, and the continuing popularity of the party’s platform.

And while no Labour politician is looking forward to a recession, most frontbenchers expect one, with the economic indicators all looking gloomy. That’s why the party’s narrow advantage in the polls, in of itself enough to guarantee a minority Labour government if it were borne out at an election, is seen as such good news by the leadership. They expect circumstances to extend, rather than contract the party’s small lead.

Liberal Democrat MPs are cheered, meanwhile, that the party is not suffering in the polls as it usually does outside of election season, when it tends to shrink from public view. Despite the fact their departing leader, Tim Farron, has largely only been in the news when his views about faith are up for discussion, the party actually appears to have made up a few points in the polls since the election, which is further cause for celebration.

It’s harder to find Conservative MPs in a cheery mood at the moment. Most are going into the summer recess in a state of shock, and are demoralised and deeply worried that Corbyn is on the verge of Downing Street.

But some more optimistic MPs can also, fairly, argue that the polls aren’t as bad as they ought to be. The economy is slowing, inflation is hitting take-home pay, their leader is hugely unpopular, and the party is publicly divided. Yet they are only very narrowly behind – suggesting that if they can get wages rising, ride out the downturn, resolve Brexit and unify around a new, more popular leader, they could be back on the front foot very quickly.

Their difficulty, of course, as I outline in my column this week, is that Conservative MPs cannot agree on how to get wages rising, ride out the downturn, or resolve Brexit – let alone on who their new, more popular leader might be. 

Stephen Bush is special correspondent at the New Statesman. His daily briefing, Morning Call, provides a quick and essential guide to domestic and global politics.

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