Not exactly ground-breaking news is it? Since they began with a 10,000 majority, it is hardly surprising that Labour still stand a fighting chance of keeping Glenrothes – Gordo’s neighbouring constituency, remember – red.

From the start it has been a straight fight between Labour and the SNP, with the Conservatives and Lib Dems standing no chance of winning. From when the result of the Glasgow East by-election was announced, no Labour MP was safe.

However, since the recession, Labour’s polling woes have lessened – though the polls still put the Conservatives 9% in the lead, which would give them a majority of 22 in the Commons after a general election. So even though Labour have improved their polling position, it’s still not exactly looking rosy for them.

There is, as Guido Fawkes points out, a difference of opinions betwen pundits and punters – the former forcasting a Labour hold and the latter putting their money on an SNP win. Personally, I’d side with the punters – even though Gordon Brown has broken Prime Ministerial convention and visted Glenrothes twice, I think the SNP still have the edge and will carry the day despite the economic situation.

But we won’t know for sure until volcano day.

One thing, however, is certain: Labour’s not dead yet…