It is clear that the LibDems are roughly equidistant from the two other parties at present, but surely the main movement that has produced this is the changei in the stance of the Conservatives? Under Cameron, they have moved their language and their stance on policies very much closer to Labour, much as Blair moved the Labour Party much closer to the Conservatives. LabCon has begun to seem much more plausible than LibCon or LibLab.

The idea of a LabCon coalition was a line used by Chris Huhne in the leadership election as a way of avoiding the "who will you go into coalition with" questions that journalists were so interested in.

However, I don't think it has any serious prospect of occurring. The overall framework of British politics over the recent political past has been a Labour vs Tory one, and I don't see that reversing. Although I don't doubt there are some areas they could co-operate on, the cultures within the parties are miles apart.

My instinct is that both would rather be in opposition than taking a place as the junior partner in a coalition.