Today’s polls suggest that Theresa May could be on track to secure a Commons majority of 150, reversing – in just 20 years – the landslide that was inflicted on the Tories in 1997. These figures, from the Daily Telegraph, reveal no fresh agony for Labour: already the worst case scenario being floated in Labour circles would involve a catastrophic loss of about 100 MPs. This is an apocalyptic vision, mainly propagated by centre-leaning folk who have seen their influence wane over the past two years, and is something of a long-shot (the bookies currently favour a Labour seat band of 150-199, but only price 100-149 at 5/2). But let’s say it does happen: what happens next?
Whether or not Corbyn stands down in this future, the Labour party would continue to be controlled by the ‘hard left’. Why? Because a parliamentary Labour party of just 125 MPs is good news for them.

Get Britain's best politics newsletters
Register to get The Spectator's insight and opinion straight to your inbox. You can then read two free articles each week.
Already a subscriber? Log in
Comments
Join the debate for just £1 a month
Be part of the conversation with other Spectator readers by getting your first three months for £3.
UNLOCK ACCESS Just £1 a monthAlready a subscriber? Log in