The dust is starting to settle and we are beginning to see the bigger picture behind last night’s by-election and municipal results across the UK.

It looks good for Labour and bad for the Conservatives.

A 26 point swing is very rare. Loosing 500 seats is catastrophic. And you never want to see the words “worst performance in 40 years” connected to any of your endeavours.

The UK general election will likely be held in October.