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.

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