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Hello and welcome to Coffee House Shots.

I'm Oscar Edmonton and I'm joined today by Katie Bulls and Stephen Bush,

Associate's Editor of the Financial Times.

So conference season has kicked off this weekend with the Liberal Democrat conference

in Bournemouth and they're riding high after some bi-elections success.

Katie, is it time that we started taking the Liberal Democrat seriously again?

I think there's always a moment ahead of an election where people start to say

actually the Liberal Democrats could be the ones that hold the balance of power,

be the kingmaker and election and of course it's because every time

you get close to an election it is possible but the factors that have made it tricky for the

Liberal Democrats previously is you know you can have multiple bi-elections successes which we

have seen but when you get to the national campaign in a general election the third party does

often get squeezed and an effort to say how do you avoid getting squeezed out?

I think what Ed Davie has going in his favour is if you just look historically the Liberal Democrats

tend to do quite well or at least you better when there is a labour party that people are not

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