Kinnock narrowly wins in 1992
Clarke wins Conservative leadership
Clarke manages to emerge largest party in a hung parliament in 1997
Coalition with Conservatives and Liberal Democrats
Couple of defections over Europe
Kinnock resigns and Blair takes over as Labour leader
Britain enters the Eurozone in 1999
The economy is ticking over reasonably well
Another election is called, early in 2000
Only a handful of seats change hand in Labour's favour under Tony Blair
The coalition continues as before and Blair remains as Labour leader
The effective deadlock continues, little really changes, the Lib Dems manage to pull the Conservatives to the left with Clarke, annoying backbenchers
Blair supports a war in Iraq, when the war ends up a catastrophe without Britain's involvement, he is widely discredited
Another election is called in 2004, this takes advantage of Blair's weaknesses
Conservatives win a reasonable majority of around 20 seats
Come 2006, Clarke is ageing and forced out with backbenchers rallying around William Hague
Blair is replaced with Gordon Brown
Hague's policies are increasingly rightwing, which annoys many of the voters the Conservatives nabbed off the Lib Dems and Labour
Brown regularly criticises Hague for lacking a mandate for his policies which are 'harmful to working people' though Hague ridicules it by arguing the economy is doing well etc
The crash comes in 2007/8, there's a massive run on Northern Rock, Hague opts for letting the banks collapse, the problems spread to Halifax which follows suit, with the financial sector crumbling and Brown criticising and calling for nationalisation, Hague is forced to u-turn as the election looms
Hague's support collapses even more and the Conservative left plot to dump him for David Cameron as an acceptable moderate but fail
2009, an election is called and Labour manages to win a 180 seat majority with the Lib Dems taking numerous seats from the Conservatives who lurch rightwards
Brown (free of any baggage he had in OTL as Chancellor, plus he can blame the EU problems bubbling in the background on the inept Conservatives) sets about on the economy, any benefits in terms of the deficit are outweighed by the worse position of the banks
Labour win a second election in 2013 with a smaller but still sizeable majority, Brown remains PM until 2016 when he steps aside