The Conservative Party has been rocked by a new poll which hands Labour a 33-point lead. This is understood to be one of the largest leads held by any party since the late 1990s.
YouGov’s Patrick English described the number of voters switching from the Tories to Labour as “comparable” to Sir Tony Blair’s landslide 1997 victory.
Henry Zeffman, Associate Political Editor at the Times, added in a post on Twitter: “An election could be more than two years away. But if this were replicated at an election it could be an extinction-level event for the Conservative Party.”
New YouGov polling for the paper suggests Tory support has fallen by seven points in the past four days.
These have been dominated by fearful reports of market turbulence following Chancellor Kwasi Kwarteng’s announcement of £45billion’s worth of unfunded tax cuts.
Financial paper Bloomberg UK today offered this damning assessment of the Prime Minister’s first days in office: “Truss has made the most turbulent debut of any British prime minister in peacetime.
“In just three weeks, her administration has been battered by a crisis of confidence in her policies that have triggered a collapse in the pound and a surge in borrowing costs that threaten to push the UK toward a deep recession and a housing market crash.”
The latest polling suggests just 37 percent of 2019 Tory voters are planning to stick with the party.
This, the Times reports, points to a possible “Tory wipeout”.
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Sharing electoral calculus on his feed, James Heale of the Spectator commented this suggested that “a 33 point Labour lead would translate into the Tories winning just three seats at the next election”.
Virgin News Correspondent Richard Chambers also joked: “Labour leading by more points than days Liz Truss has been in the job.”
But others have highlighted that Labour’s lead comes with a good level of responsibility.
More to follow.