Well lookie lookie here - Austerity has consequences for Cameron and Cleg
http://www.guardian.co.uk/politics/2012/may/04/local-elections-2012-localgovernment
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The BBC says the results are equivalent to Labour having 39% of the national vote, with the Conservatives on 31% and the Lib Dems on 16%. If these figures were replicated at a general election Labour would win with a majority of 86.
A cautiously optimistic Ed Miliband said: "We are a party winning back people's trust, regaining ground, but there is more work to do." David Cameron said the economic situation meant that the coalition had had to take difficult decisions, but he wanted to "demonstrate we're on the side of people who work hard and do the right thing for themselves and their families". Nick Clegg said the coalition was in a "difficult mid-term period" and Labour "has clearly had a good night". Tory rightwingers said the results showed the Tories had to swing to the right. Former Lib Dem MP Lembit Opik called on Clegg to resign.