Expect it to rise soon, if it isn’t already.
A series of tactical rather than strategic decisions on the economy have left Miliband and Balls in a bad place.
After the next election, it may be the fourth largest party in the Commons that holds the keys to Number 10.
Now that UKIP has become a more serious problem for Miliband, our aim should be to stress the points that ensure that it becomes even more so.
The new British Business Bank has an important role to play.
We should point up that UKIP’s electoral appeal to Left and Right is inconsistent and undeliverable – a ‘have your cake and eat it’ brand of politics.