There seems to be a bit of a betting market developing on Labour's vote share in the Euro elections. Last time they got a miserable 22.5%. Until the last 24 hours Ladbrokes were quoting odds on bets that they would get more than 20% on 4 June. However, in the last few hours the odds have turned and they are now quoting odds on that they will get under 20%. Why? Apparently there have been a number of sizeable bets in that direction, including, I am told by someone in the know, from a number of Labour Party offices around the country! This is significant. If the battle weary troops around the country already see the writing on the wall it will be difficult for them to mobilise any sort of street campaigning at all.
Could Labour really come third?