Pretty bad then...

The Conservatives have opened up their biggest lead over Labour since Margaret Thatcher was at the height of her powers as Prime Minister almost 20 years ago.

The thing is, even though the headline figures look awful for Labour, I don't get any real sense that they've hit bottom yet. The donor scandal gets more involved by the day, there seem to be whole cemeteries full of skeletons still to be exhumed from various Labour cupboards.

The worst thing of all for Labour is that, in the grand scheme of things, 'donorgate' is really rather small potatoes. There are big questions over honesty and transparency, and it looks as if the law has been broken, but a Government that wasn't so enmired in trouble already could have made a good fist of passing it all off as administrative failings that didn't have relevance to the wider party. That the mud has stuck so adhesively and so easily is indicative that people don't want to give Labour any benefit of the doubt any more. I don't imagine that the next few polls are going to be any kinder.