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Hello and welcome to Coffee Highest Shots. I'm Katie Walls.

Local election results are partly in.

We're going to take this moment to look at what we can tell from the results so far.

To do this, I'm joined by Fraser Nelson, the editor of the spectator,

and James Johnson, the poster. So to begin, James, we're at that point where there's still

several results more to come in. In fact, quite a lot, though I imagine once the

King's coronation gets underway, they'll be getting a little bit less attention

on the television than they are now. But what do you think the main takeaways are so far?

Well, I think this is clearly a good night for Labour. There's no doubt about that. It clearly

puts Labour in the advanced position for the next general election. It's also good for the

Lib Dems. Clearly, they're able to make a headway in those blue wall seats that the Conservatives

are defending in the South. Having said all that, when we look at the national equivalent vote,

yes, the Conservatives are down in terms of their behind Labour, but Labour are not sort of

getting a double digit's huge lead, at least with the Professor Michael Thrasher projection.

He's saying that Labour will be on between 38 to 40%, and that the Conservatives will be on

between 28 to 30%. So what that means is that if that was replicated in a general election,

there would be a hung parliament with Labour as the largest party. So what we're not seeing here

is a 90s Blair-style wipe out for Labour, and nor are we seeing a particularly good result

...