The election that Labour should worry about most isn’t 1992 – when an exhausted and recessional administration beat an unreformed opposition right at the death – and it certainly isn’t 1983, when a triumphant and successful government carried all before it. It’s 1966.

Prior to the 1964 election, as leader of the opposition, Harold Wilson had been unsure just how far to take ‘modernisation’: was it a sop to appease the electorate until the votes were cast, or a way of life? Still, no matter: the government had been in for over a decade and what was left of its reforming energies had been dispersed completely when it replaced its charismatic serial election-winner with a man who seemed to embody many of the electorate’s worst fears about the party. What could possibly go wrong?

Come election day, though, the promised landslide was nowhere to be found. That old warrior turned out to be tougher than his opponents expected, and so Wilson was forced to govern by expediencies. It was largely disastrous: the government’s economic policy was a rolling catastrophe, the administration achieved little, and, as for the prime minister, well, he barely managed his party and preferred a fix to a solution: he survived largely by kicking any difficult questions into the long grass or through the calling of lengthy and expensive inquiries.

Sound familiar? There’s bad news, though, for latter-day progressives: Wilson won, and won handily, in the election that followed. How did it happen? In the end, Wilson got lucky: the economy started to grow – albeit briefly and unsustainably – and that was enough.

2015 need not be a blue-tinted 1966; the Tory brand still produces a high enough level of revulsion among young people, ethnic minorities, Scots, city-dwellers and northerners that a Conservative majority remains a thing of science fiction, not political science. A shrewd Conservative leadership might  be able to make inroads into Labour fiefdoms in the north or the public services, but a shrewd Conservative leadership probably wouldn’t respond to mounting concern over energy prices with an instruction to wear jumpers, either.

Regardless, not everything in Labour’s garden is rosy. The party is in danger of hitting a ceiling of 38 per cent in the polls.  Enough to beat the Tories and secure a majority at present, but no opposition in history has got from now to polling day without suffering a loss in its vote share, so either something has to change, or we’re in trouble.

What might Labour do? It could learn a thing or two from another Edward, from the man who found himself victim to Harold Wilson’s sudden good fortune in 1966: Ted Heath. No leader today would be granted a second try after an election defeat, but Heath’s 1970 triumph offers lessons for Labour just as his 1966 reverse offers a cautionary tale. Heath never closed the gap on Wilson in the popularity ratings, or ever convinced the electorate that there wasn’t something a little bit peculiar about him: but he won nonetheless.

In 1966, the Conservatives still looked bruised, confused and self-involved but, by 1970, they had a programme that appeared to hang together. Labour still lacks a coherent narrative. The energy freeze is great politics; but if the cost of living is the question, Labour will need a better answer than switching it off and switching it on again. That requires that Ed Miliband do in one term what Ted Heath was only able to do in two.

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Stephen Bush is a contributing editor to Progress, writes a weekly column for Progress, the Tuesday review, and tweets @stephenkb

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Photo: Peter Denton