What If He Won? ; As the Opinionpoll Gap Narrows, a Former Labour General Secretary Imagines the Outcome...

Summary

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It has been accepted wisdom for so long that the Tories are going to win the Election that few have stopped to think what might happen if they don't. But over the past few months, polls have shown a shrinking Tory lead, and now many commentators are starting to talk about the implications of a hung Parliament, with the underlying assumption that David Cameron will lead the largest party and that Gordon Brown will be loading the removal van at the back of Downing Street.

And there are other signs that are beginning to get Labour pulses racing. The economic recovery is fragile, certainly, but forecasts last week showed that the Chancellor might not need to borrow as much as was expected. As a result he may well have a little more room for manoeuvre in this week's Budget.

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What If He Won? ; As the Opinionpoll Gap Narrows, a Former Labour General Secretary Imagines the Outcome...

Even the partially nationalised Lloyds Bank is predicting to make a profit this year after a truly dreadful 2009. And although the current furore about Labour's relationship with the trade unions is unhelpful to Labour, it hasn't quite mitigated the undoubted damage that the Ashcroft 'non-dom or not non-dom' row is continuing to d...

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