The Tories have maintained a constant lead in the polls since the last half of 2007 but recent polling indicates that Labour is closing the gap. This strengthening of Labour's position is leading many Labour MPs to push for a March poll.
I don't think Labour can close the gap enough to win but they are pushing the polling into hung parliament territory. If that is the case then the Liberal Democrats become king makers and Labour might stay in office through Lab-Lib coalition.
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