• Polls suggest Theresa May is on course to win by 100 or more seats on June 8 
  • It will mean the Conservatives seizing scores of usually Labour constitencies 
  • Cable today claimed the failure of Labour would see it collapse and be replaced  

Tim Sculthorpe, Deputy Political Editor For Mailonline

A Tory landslide on June 8 will inspire the creation of a new centrist party to replace Labour, Lib Dem grandee Sir Vince Cable predicted today.

With polls suggesting scores of Labour seats will fall to Theresa May in less than a month, Sir Vince said he believed it could be the end for the party.

The Tories lead most opinion polls by around 20 per cent and have done throughout the campaign. Labour’s deficits have closed slightly over the past month.

A Tory landslide on June 8 will inspire the creation of a new centrist party to replace Labour, Lib Dem grandee Sir Vince Cable predicted today (file picture) 

A Tory landslide on June 8 will inspire the creation of a new centrist party to replace Labour, Lib Dem grandee Sir Vince Cable predicted today (file picture) 

A Tory landslide on June 8 will inspire the creation of a new centrist party to replace Labour, Lib Dem grandee Sir Vince Cable predicted today (file picture) 

Mr Cable was grilled by the Pienaar’s Politics programme on BBC Radio 5 Live about  whether he had tried to persuade Labour MPs to defect to the Lib Dems since 2015.

He insisted the work had not been done ‘directly’.

But he then appeared to leave the door open to the possibility of a new party being set up.

He said: ‘I think many of the Labour people are just waiting to see, get this election out of the way.

‘I think frankly you will then have a lot of bloodletting because it is clear that Jeremy Corbyn isn’t going to win, he is going to be trounced, the Labour Party’s future is in great doubt.

‘We have hung in there and we have recovered and established a base and then there will be serious conversations about where British politics goes and how you create an alternative to the Conservatives which… is centrist, centre-left, pro-business, practical, offering an alternative to what is potentially a very damaging form of Conservatism.’

Labour's shadow chancellor John McDonnell (pictured on Sky News today) today played down his party's dire position in the polls and pointed to the popularity of individual policies

Labour's shadow chancellor John McDonnell (pictured on Sky News today) today played down his party's dire position in the polls and pointed to the popularity of individual policies

Labour’s shadow chancellor John McDonnell (pictured on Sky News today) today played down his party’s dire position in the polls and pointed to the popularity of individual policies

 Mr McDonnell refused to be drawn on whether Mr Corbyn would remain as Labour leader even if the party slump to a damaging defeat on 8 June

 Mr McDonnell refused to be drawn on whether Mr Corbyn would remain as Labour leader even if the party slump to a damaging defeat on 8 June

 Mr McDonnell refused to be drawn on whether Mr Corbyn would remain as Labour leader even if the party slump to a damaging defeat on 8 June

Labour’s shadow chancellor John McDonnell played down his party’s dire position in the polls and pointed to the popularity of individual policies. 

He told Sky News’s Sophy Ridge on Sunday: ‘What I’m saying now is we’re in a general election campaign, I think we’re going to win.

‘I think the polls are showing that because our policies are so promising and on the basis of that you’ll see Jeremy Corbyn in Number 10, full stop.’

Mr McDonnell refused to be drawn on whether Mr Corbyn would remain as Labour leader even if the party slump to a damaging defeat on 8 June.

‘This is a daft question, he said.

‘When someone’s about to start a race you don’t go up to them and say ‘are you going to win or lose? what are you going to do at the end?’. We’re in the middle of a race and we’re fighting it hard.

‘Yes, we’ve improved in the polling this week and I think that you’ll see that in the next few weeks itself and I think we’re in it to win, full stop.’

The Tories lead most opinion polls by around 20 per cent and have done throughout the campaign. Labour's deficits have closed slightly over the past month

The Tories lead most opinion polls by around 20 per cent and have done throughout the campaign. Labour's deficits have closed slightly over the past month

The Tories lead most opinion polls by around 20 per cent and have done throughout the campaign. Labour’s deficits have closed slightly over the past month

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