Bad night for Labour
Bad for Labour. Very bad. And with worse likely to follow. For once there can be no spinning, no rival interpretations, no debate about what local elections results mean.
If - as insiders on both sides now expect - Boris Johnson is elected mayor of London later today David Cameron will be able to herald his party's most successful night since John Major's general election victory in 1992.
This, of course, does not mean that Mr Cameron will follow Mr Major into No 10 but it does mean that something will have to change dramatically for Labour to prevent that happening.
What could that something be? A change of Labour leader? No, for all the discontent with Gordon Brown, hardly any Labour MP believes that's possible, let alone desirable. A change of policy? Certainly, though it's already clear that there is disagreement about the direction in which policy should change.
Thus, Gordon Brown will be left to blame unprecedented economic turbulence for the unprecedently bad political position he's in. He will offer to listen to voters' concerns. He'll promise to steer the country through troubled times as he did as chancellor. He expects that greater scrutiny will expose the opposition for the lightweights he believes they are.
Above all, though, he will simply have to hope that - in the words of the old election song - things can only get better.