Nick Clegg says he is shifting resources to target what they see as the 50-most winnable Labour seats, pouring efforts and campaigners into fighting Gordon.

This is a sensible strategic move in the face of the reality of the polls, a change of government won’t happen if LibDems and Tories swap seats, a change of government will only happen if the LibDems and Tories take seats from Labour.

Guido advocated a Tory – LibDem non-aggression pact when Labour were riding high (Time for Tactical Decisions from CCHQ and Cowley Street). It still seems like a good idea. Having the LibDems as the official opposition to a Tory government would realise Margaret Thatcher’s oft stated ambition – to have a non-socialist alternative to the Conservatives, that would be her final victory. If Labour are attacked by Lib-Dems from second place and don’t waste money attacking second placed Tories in Labour seats they have a chance of becoming the official opposition. Over the border in Scotland the SNP have also removed Labour’s perpetual grip on on power. The total destruction of the Labour Party as a political threat is within grasp if the opposition parties are imaginative…