Updated 10.45

The Tánaiste says discussions about changing Cabinet portfolios around will take place after the elections.

Eamon Gilmore was speaking after the Chair of the parliamentary party was quoted as saying "there's no question" the Tánaiste must move from Foreign Affairs to a domestic department.

Jack Wall says the party will also need to hold an emergency meeting if the party's poor polling numbers play out in the local and European elections.

Meanwhile, Minister Gilmore himself says he is confident Labour candidates can turn the elections around, insisting talk about portfolios is for another day.

Public Expenditure minister Brendan Howlin also spoke to reporters on his way into Cabinet this morning:

Latest polls

There was yet more bad news for Labour this morning, with an Ipsos MRBI survey for the Irish Times showing the party faces massive losses in the local elections.

The junior coalition party is set to win just 7% of the city and county council votes, down from 15% five years ago.

It comes amid reports today that Labour TDs and grassroots members will be discussing their role in government at a meeting that could be called after this weekend.

The poll also shows Fine Gael down nine points to 23%, the same level as Fianna Fáil, who are down one point.

While Sinn Féin looks set to make the biggest gains - going from 7% up to 17%.

Political Correspondent with the Irish Times Fiach Kelly told Newstalk's Breakfast the results are further proof of Sinn Fein's growing popularity:

1,500 voters were sampled for the poll between Tuesday and Thursday of last week.

Polls cost

Meanwhile, it has emerged that Fine Gael spent €332,000 of public funding on opinion polls last year.

The figures are revealed in filings to the public ethics watchdog, SIPO.

Sinn Féin was the only other party to spend public funds on polling, spending €10,000 in 2013.