Labour in 1935

Could Labour have won the '35 election and if so, could it have implemented its manifesto, especially concerning foreign policy (working through the League of Nations and cutting military spending), and if so what might the knock-on effects be in the lead up to a presumably still going to occur WWII?

http://www.labour-party.org.uk/manifestos/1935/1935-labour-manifesto.shtml

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From Wikipedia
 
It got a 7.4% swing IOTL and, while that probably saved the party from extinction after the disaster of 1931, it shows that you need something pretty cataclysmic to make it possible for Labour to win in 1935 with a PoD after the preceding election. I'm not sure it can happen.
 
Unlikely. 1935 was expected to be a worse year for Labour then 1931, and they got away with that because of good luck. Its honestly far more likely for Liberal to stop losing seats.
 
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