Theresa May has said proposed changes to social care funding in England will now include an "absolute limit" on the money people will have to pay.
"While short-term factors may account for some of what we see in this latest Barometer poll, it does appear that after the extraordinary success of the Conservative party at the beginning of the election campaign, they are losing some ground to Labour".
"After the delivery of the party manifestos, polling over the weekend has indicated a resurgent, if still rather distant Labour Party", ICM director Martin Boon said.
Although the prime minister insisted that the party's manifesto had left open the possibility of a cap on costs, a press release sent by the Conservatives explaining their plans ruled one out.
She added: "There will be 2 million more people over 75 years old in Britain over the next decade alone".
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The Labour leader, speaking at a rally in Hull, welcomed the policy change and referenced the role of former chancellor-turned-London Evening Standard editor George Osborne in breaking the story this morning.
The ruling Conservative party in the United Kingdom is facing a backlash from both voters and party members following the inclusion in the party's election manifesto of controversial changes to how social care would be funded for the elderly.
The Survation survey, conducted entirely after Thursday's Tory manifesto launch, found 28% of voters said they were less likely to vote Conservative because of the social care package, branded a "dementia tax" by opponents.
Backbencher Wes Streeting derided the prime minister as "weak and wobbly" as she announced a surprise cap on social care costs after days of criticism. "And you will never have to go below 100,000 pounds of your savings, so you will always have something to pass on to your family".
After the announcement was made around midday regarding the U-turn on "dementia tax", there has been several four-figured bets on the Labour party at odds ranging from 15/1 to 12/1.
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"We have to look at the evidence that is there at the time to make that fatal decision one way or the other". He added: "I think if you are to lead, you have to be prepared to listen as well, and I enjoy that".
This comes after analysis by Royal London showed that, under the original plans, those living in London, would on average, have to pay almost four-fifths the value of their home on social care costs before it becomes available for free.
Now Mrs May wants people to pay for care in their homes if they have assets of more than £100,000, including their homes under measures dubbed the "dementia tax". He told the BBC that she had still not provided certainty to families about how much they would have to pay for domiciliary case.
The U-turn is only partial: The plan to begin charging elderly people for care within their homes will remain in the plans, Sky News reports.
Other think tanks with expertise in social care also criticised the proposals. "What we said in the manifesto - to put that "no" in context - is that we have set out this policy, which we are not going to look at again; there will be a green paper covering both social care and health coming out in the summer".
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