Is it 1992 all over again?

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It is General Election year and the Labour leader remains unpopular. After years of attacks from the Tory press, he was lucky to survive a direct challenge to his leadership before Christmas, when many suggested an older man should replace him as leader. Despite this and some evidence of economic recovery, Labour remain narrowly ahead in the opinion polls. A Labour-led hung parliament is seen by many as the most likely outcome in the General Election.

Ed Miliband in 2015? Or Neil Kinnock in 1992? The older John Smith was the potential older alternative leader in 1991, Alan Johnson last year. The parallels are uncanny and not encouraging to Labour who, of course, ultimately suffered a shock defeat to John Major’s Tories in April 1992.

But, let’s not get carried away. There are numerous differences…

Labour actually seem less confident now than Kinnock’s party were then. This makes a repeat of complacent gestures like the overblown Sheffield Rally unlikely.

Despite this and their quite small lead, the electoral arithmetic favours Labour far more. The Tories need to win by over 10% to win a majority. Labour only need 2%.

David Cameron is not John Major: It is also true Ed Miliband is not Neil Kinnock. Kinnock was slightly more popular than Miliband but had already suffered defeat in 1987. But Major, though ultimately weak, was untested and novel in 1992. Cameron has been Tory leader for over nine years.

Ultimately, the combination of UKIP and Coalition politics, in fact, means Labour’s chances this year are better than they have been in a decade.

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