More bad news-for the economy and 212 Labour MP's

Bad news on the economic and political front for the government this morning.Folowing yeterday's news that house prices continue to fall,the Guardian leads with a survey showing that

the government's efforts to bounce back from Labour's third place in the local elections, defeat in the London mayoral election and the loss of the Crewe and Nantwich seat are being hampered by a mood of deep gloom that has engulfed voters in the year since Brown became prime minister.

adding

The measure for the general health of the economy dropped by five points to -58 points this month, a drop of 40 points in the last year to a level not seen since February 1993, in the early stages of the UK's post-recession recovery. The survey found that consumers have never been so reluctant to make a major purchase, such as a washing machine or furniture.

Meanwhile the latest opinion polls in this morning's Telegraph show that Brown is less popular than Foot.

The latest You Gov survey puts the Tories on 47 points and Labour on 23.

According to the Telegraph

It is the lowest level of support for Labour since pollsters Gallup first asked people to declare their voting intention in 1943, a few months before the Battle of El Alamein.

Mike Smithson adds the usual caution

Whether these are accurate projections for the general election who knows? Their central importance will be the impact they have on the mood of the parliamentary Labour party as MPs return to Westminster after what used to be called the Whitsun holiday.

As he points out on these figures 212 Labour MP's would lose their seats if there was an election tomorrow