by The Commentator on 15 May 2013 12:18

A new IPSOS-Mori poll today has Ed Miliband's party's lead decreasing yet again to just three points after weeks of instability over the local elections, Europe and what many are calling the ineptitude of the Labour leadership.

The May political poll monitor from IPSOS-Mori puts Labour on 34 points, with the Conservative close behind on 31. UKIP is in third with 13 points and the Liberal Democrats on just 10.

In terms of Parliamentary seats, this means that the Labour party would still retain a majority, examines Mike Smithson of Political Betting, but with a majority of just 30.

The news is certain to irk party strategists who are edging closer, sources say, to rethinking the leadership of Ed Miliband and Ed Balls. The recent non-performance at the UK's local elections, as well as a refusal to commit to a referendum on Europe are thought to be key issues behind today's polling data.