Following Theresa May’s spluttering performance at the Conservative conference yesterday, our traders have cut the price on her leaving her position this year – from 5/2 to 2/1.
They’ve also slashed the odds on May being replaced as Party Leader in 2018, into 11/10, with her P45 seemingly imminent after prankster Simon Brodkin handed her a mock one.
The odds of May being replaced as PM this month is 5/1, while they make it Evens that she resigns within a year.
— Sky News (@SkyNews) October 4, 2017
A miserable day for the Prime Minister was compounded by her losing her voice – not for the first time in recent weeks, as Boris Johnson continues to publicly audition for her position.
The Foreign Secretary is the 3/1 favourite to replace May if and when she does leave Downing Street.
Spokesman Paddy Power said: “The presentation of a pretend P45 was a May Day warning for the PM, and we think the real thing won’t be far behind.
“May might have had a persistent cough yesterday, but her Party have been persistently telling her to, erm, ‘cough’ for months.”
5/6 No Brexit deal to be reached by April 1st deadline
Evens Theresa May to resign within a year
11/10 May to be replaced as Conservative Leader in 2018
2/1 May to be replaced as Conservative Leader in 2017
9/4 The next General Election to be held in 2018
3/1 Johnson to be the next Conservative Leader
5/1 May to be replaced as Conservative Leader this month
8/1 Johnson to be PM within a year
100/1 Every member of May’s cabinet to change within a year