New polling, released this morning by Techne, puts Labour on 45% to the Conservatives on 30%. This represents a Labour lead over the Conservatives of 15%. It’s the joint lowest margin recorded by the pollster since Sunak became Prime Minister.

Techne aren’t the only pollster reflecting this trend. Last week, Opinium recorded a Labour lead of just 11%, whilst on Monday, Redfield & Wilton reported a 14% margin – both of which are also the smallest since Sunak took over. Going by the polling average in February, a 14% Labour lead represents a drop of 8% in just two months.

As the “noisy” scatter graph from above UK Polling Report shows a narrowing lead for Labour trend has developed this month. Before Tory MPs get too excited, this is what it probably means in terms of seats:

All of this explains why Savanta polling director, Chris Hopkins, told the i that the days of 20 point Labour polling leads are “gone” and “If it gets much smaller I think possibly we start to get into hung parliament territory”. The SNP’s electoral collapse further complicates electoral calculations. Survation recently put the SNP’s lead over Labour at 5% – the smallest since the 2019 election. There’s still a long time to go until Autumn 2024…