Labour can afford to be far more ambitious with its economic policies: Voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but without a clear transformative vision of what it will actually do in office. The risk is that Labour will win but also lose the next general election. It may win in the sense of gaining a large majority, but it may also quickly lose public support due to the absence of any defining vision and associated policy programme capable of transforming people’s lives.