After the confidence shown during his handling of the Countries financial crises Prime Minister Gordon Brown's performance has led to a better showing for Labour in the latest opinion polls.
A ComRes poll for the Independent on Sunday has show that the Tories lead has no been cut to just 9 points.
The figures if repeated at the ballot box would not prevent the Conservatives from winning an election, but they will surely give heart to the Labour benches and many supporters will see this as the start on the road to recovery.
The poll shows the Conservatives on 40% (down one on last month), Labour on 31% (up two on last month) and the Liberal Democrats on 16% (down two on last month)
This is Labours best poll showing since March of this year and the parties MP's will be hoping that the recovery is on going up until May 2010 which is the latest that the government can go without calling a general election.
A note of caution however is that of those polled most (54%) did not agree that Mr Browns handling of the banking crisis gave Labour a better chance of being re elected.
Only 37% thought that it did.
In an ICM poll for the News of the World suggested that the country trusted Gordon Brown and his Chancellor Alistair Darling with the economy more than their Tory counterparts David Cameron and George Osborne.
Again it was not all good news in this survey as only 13% said that they would vote for Labour in response to how they handled the financial crisis, another 22% said the were less likely to vote Labour and 59% said that it would make no difference to the way they would vote at an election.
There is now doubt that Gordon Brown is trying to seize on Labour poll rating as he ups the ante by planning to inject billions of pounds of emergency funds into new schools and hospitals to stimulate the economy as Britain heads into recession, it emerged last night.
The Conservatives are keen to show that they have the right answers to the countries financial plight by asking the government to give more help to businesses by freezing VAT bills for six months to give firms more breathing space as the country heads towards recession.
The Shadow Chancellor will announce more plans to help UK firms when he attends a small business summit tomorrow. The Conservatives said many small businesses had seen their overdrafts withdrawn or interest rates raised above 15 per cent over the past few months and that some could be forced out of business by their next VAT bill. Under the Conservatives' scheme, which the party said was revenue-neutral, small businesses would be able to defer their VAT bills for up to six months. Any deferred tax would be charged at 7.5 per cent, the usual HM Revenue and Customs interest rate for late payments. It would mean a typical enterprise with 50 employees and revenue of £5m would be able to defer a quarterly VAT bill of £90,000.
I'm sure that businesses will welcome any help to ease the cash flow crisis that tends to bite when companies try and hold on to their money for longer before paying suppliers causing a strain on cash flow.
So, what do you think about Labours improved poll showing? Does it give Labour supporters hope that recovery is on the way? Are the tories now worried that Labour are fighting back? With a poll rating of just 16% what can the Libdems do to improve or are they in real danger of not becoming serious opposition?