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The mere discussion of such a possibility shows how worried Labour MPs are after a dreadful week for the Government.
The crude benchmarks for the main parties are:
LABOUR Any loss of more than 150 seats would be worse than the previous low of 2004. More than 250 losses, and a share of the vote of less than 25 per cent, would make Labour MPs very jittery. The worst case is 350-plus losses. This would mean a panicky weekend, and renewed leadership speculation about Tony Blair.
CONSERVATIVES Roughly 100 gains would be the same as their previous high in 2004. But 200 or more gains, and a 40 per cent share of the vote, would mean that David Cameron can claim that the Tories are really on the way back. He will want to show some gains of seats in big industrial cities.
LIBERAL DEMOCRATS Likely to balance losses to the Tories with gains from Labour, especially in big industrial cities. If they make 100 to 200 gains, the Lib Dems will have shaken off their January leadership blues and will show that under Sir Menzies Campbell they can survive a Tory revival.
Interpreting the local elections is much harder than interpreting a general election:
The Tories are defending 57 councils, Labour 47, the Lib Dems 12, and independents one, but 59 are under no overall control. The first results will come from the big industrial cities, where there may be limited shifts in and out of no overall control.
The main battleground of London will come later in the night and Labour is likely to lose several councils, some to no overall control. The Tories are hoping to gain several suburban councils, such as Bexley, Croydon and Merton. In Labour’s nightmare year of 1968, the Tories won a huge 1,438 seats, but the Liberals gained just 10. Now, however, the Lib Dems already hold 309 in London, against 653 for the Tories and 866 for Labour.
Watch out also for small parties and independents. Despite well-publicised fights in Barking and some northern towns, the British National Party is putting up just 363 candidates nationwide, against 319 for the UK Independence Party, 162 for George Galloway’s Respect (notably in Tower Hamlets) and 1,251 Greens. The Greens are a factor in Oxford, as are independents in such Labour strongholds as Barnsley and Wigan.
Overall, it looks likely to be a very bad night for Labour, but just how bad, and who will benefit, will not be clear until early on Friday morning at the earliest.
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