James Forsyth

To form a coalition, David Cameron had to give up the Prime Ministerial prerogative to determine when the election was called. But it is hard to imagine that, given the choice, he would have gone to the Palace any earlier than Monday. The Tories have merely drawn level with Labour in recent weeks and there hasn’t been a poll yet which points to him winning a majority. This will be the most polled campaign in British history. On the day it started, depending on your choice of pollster, the Tories were four points ahead of Labour, four points behind or dead level. But one clear theme is emerging from this cacophony of data: a hung parliament is the most likely election result. The polls suggested a hung parliament for most of the 2010 campaign. But they were not taken seriously.

Perhaps, the biggest question of this campaign is whether the Tories will gain support in the next five and a bit weeks. If they don't, Cameron will almost certainly lose and Ed Miliband will become Prime Minister. In his column today, Danny Finkelstein looks at polling data produced by Andrew Cooper of Populus to see what the chances are of a late surge. Cooper looked at those who prefer Cameron to Miliband as Prime Minister and also think that the Tories would manage the economy better than Labour but are currently not saying they’ll vote Tory. In Cooper’s poll of 10,000 voters, conducted in five waves, this group made up 18% of those likely to vote.

Few politicians can have gone into a debate with lower expectations than Natalie Bennett. After her ‘brain fade’ on LBC, the Green leader has been roundly written off. There have been murmurings that the decent thing for her to do would be to stand down in favour of Caroline Lucas, the party’s first MP and a far more accomplished media performer. But the one consolation for Bennett in all this is that it is very easy for her to beat expectations on Thursday night. She won’t have to do much to get the media to take a second look at her. If Bennett can unloose a zinger or two, she’ll have comfortably exceeded expectations.

It is rare for politicians to mention their opponents by name - don’t give them the publicity is the normal approach. But standing in Downing Street just now to announce the start of the election campaign, David Cameron pointed at the door of Number 10 and said ‘The next Prime Minister walking through that door will be me or Ed Miliband’. There’s a method to the Tory approach. They believe that one of their trump cards in this election is that the public just can’t see Ed Miliband as Prime Minister. They want to force voters to confront the choice that one of Miliband or Cameron will be Prime Minister after the election and that the only way to make sure it isn’t Miliband is to vote Tory.

The stakes have been raised, at least psychologically, for Thursday night’s debate. Today’s YouGov poll has Labour four points ahead, in contrast to a two point Tory lead in their last survey. This is being seen in Westminster as a Paxman bounce for Miliband. If this Labour leads is still in place at the end of the Easter weekend, Tory nerves will begin to fray. Thursday’s debate will be a crowded affair with seven leaders on stage. Despite it being a two hour debate, there’ll only be time for four questions. As I say in the Mail On Sunday, the debate will almost certainly turn into Cameron versus the rest as they all try and go after the sitting Prime Minister.

The Tories want to frame this election as a straight choice between David Cameron and Ed Miliband. So, today Cameron delivered some of his most direct attacks on Miliband yet. Anticipating criticism, he said, ‘Some might say “don’t make this personal” but when it comes to who’s Prime Minister, the personal is national.’ Cameron warned that Labour could reverse everything that has been achieved in this parliament, the ‘painstaking work of the last 5 years – they could undo in just 5 months.’ He attacked Labour as ‘the welfare party’ and derided Miliband as a ‘Hampstead Socialist’.

David Cameron won tonight’s TV head to head with Ed Miliband according to an instant ICM poll. The poll for the Guardian gives the evening to Cameron 54-46. Though, it is worth noting that this 8 point margin is smaller than Cameron’s usual lead on the leadership question. Cameron started with a grilling from Jeremy Paxman, who pinned the Tory leader to the crease with a series of fast, hostile deliveries. Cameron just about kept the ball out. But he was visibly uncomfortable at points. However, there was no killer moment. Cameron was more comfortable with the questions from the audience and with them he repeatedly pivoted to the Tories’ key campaign message that you can only have more spending on public services with a strong economy.

David Cameron has just addressed the last meeting of the 1922 Committee of Tory backbenchers in this parliament. He was given the traditional desk banging reception. Indeed, the loyal, pre-election tone of the meeting was set when John Baron, for a long time viewed as Ukip defection risk by senior Tories, announced that he had put money on a Tory majority. After paying tribute to the Tory MPs who are stepping down at this election, Cameron began his pre-election rallying call. He told the MPs, don’t let people forget the mess that he inherited. He then, to the surprise of some in the room, talked about the health service in great detail, urging his MPs not to let Labour’s attacks go unanswered.

With just over six weeks to go to polling day, the mood of the parties is now largely determined by the opinion polls. This morning’s crop are a mixed bunch. Survation for the Mail on Sunday has a 4 point Labour lead, YouGov has Labour two ahead but Opinium has the Tories on 36% and ahead by three. What seems clear is that the Budget hasn’t had a decisive impact on the polls. Yet most Tory MPs, including those who’ve been highly critical of Osborne in the past, are happy with it. One senior backbencher told me, ‘Burnishing a reputation for responsibility is more valuable than anything else. Glitzy giveaways wouldn’t have worked.

After months of negotiations, a final deal on debates has now been reached. There will be no head to head debate between Cameron and Miliband. Instead, there will be one seven way debate on April 2nd broadcast on ITV. There will also be an opposition leaders’ debate on the 16th of April on the BBC featuring Labour, the SNP, UKIP, the Greens and Plaid Cymru. On top of these debates, David Cameron and Ed Miliband will both do separate interviews, taking questions from a studio audience on Thursday for a Channel 4 / Sky programme. Then, on 3oth of April, Cameron, Miliband and Nick Clegg will appear separately on a special edition of Question Time.

The Tories described the Liberal Democrats’ alternative Budget statement today as ‘part of price they had to pay to have a Budget.’ But the Liberal Democrats, oddly, didn’t seem to take their own statement particularly seriously. When Danny Alexander got to his feet there were only six Liberal Democrat backbenchers present. Two of the Liberal Democrats’ Secretaries of States didn’t bother to turn up either and Nick Clegg left long before the end of it. This lack of Lib Dems’ strength in numbers was a particular mistake as Labour predictably barracked the statement very aggressively; Andrew Gwynne even stood up and shoved a copy of the Treasury Red Book at Alexander.

Here is a preview of James Forsyth's political column from this week's Spectator, out tomorrow George Osborne usually tells his aides to prepare for each Budget as if it were his last. This time round, the Chancellor and those around him needed no reminding of what is at stake. They knew that this statement had to boost the Tory election campaign and define the choice facing voters in May, otherwise it really will be the last Budget he gives. As one Tory MP put it, ‘The Budget’s got to deliver some political momentum or we’re done for.’ Osborne has long been aware of the importance of this Budget for his career. If David Cameron returns to No. 10 after the election, Osborne will take the applause.

Downing Street has agreed to an offer from the broadcasters for one seven-way election debate on 2 April. The Tories felt that it was close enough to their final offer of one multi-party debate in the week starting 23 March to be acceptable. However, Labour has yet to agree. A Labour source said, ‘We’ve accepted the proposal from the broadcasters for three debates. There is no other proposal from the broadcasters.’ As well as this one seven-way debate, there would also be several election specials involving the various party leaders under this scheme. On 26 March, Cameron and Miliband would be interviewed by Jeremy Paxman and then questioned by a studio audience in a Sky / Channel 4 special.

Ed Miliband has today ruled out a formal coalition between Labour and the SNP. Labour hope that this will draw the sting from Tory claims that if you vote Labour, you’ll get SNP and put pressure on Cameron to rule out any deal with Ukip. But, as Nicola Sturgeon has been quick to point out, the SNP weren’t keen on a formal coalition. Rather, what has been talked about is something more akin to a confidence and supply deal with the SNP agreeing to vote for Miliband’s Queen Speech and Budget in return for specific concessions.  This is something that Miliband, for the obvious reason that he might need it in the event of a hung parliament, doesn’t want to rule out. So, expect the Tory attacks to keep on coming.

The Liberal Democrats sense an opportunity in all this speculation about who the Tories and Labour would do deals with in the event of a hung parliament. They believe that they can position themselves as the responsible party that will keep the country in the centre ground in contrast to the other smaller parties. Today, in his speech to the party’s spring conference, Clegg ruled out joining any coalition that involved the SNP or Ukip. He also tried to use the moment to reinforce voters’ worries about either main party governing on their own. He argued that the Tories would cut needlessly—‘Cows moo. Dogs bark. And Tories cut.