Today’s release of the first draft of the EU’s Brexit agreement with the UK was supposed to mark a breakthrough for Prime Minister Theresa May – but it has instead sparked more talks of breakaways.
A group of rebel Tory MPs are threatening to undermine May, while support from the DUP is under threat over suggestions of a hard Irish border.
As a result, we have predicted more political chaos in the UK this year – cutting the odds of a General Election to 2/1 (from 3/1).
They have also slashed the price on a second EU Referendum taking place in the UK this year (5/1 from 7/1).
Asked about the political unrest spokesman Paddy Power said: “Theresa May’s time as PM has been a constant case of one step forward followed by several steps backwards – and that’s just her political viewpoints.
“The pressure is ramping up on May, and the odds are shortening that she’ll be ousted, prompting another General Election and – likely – another Brexit Referendum.
“Jacob Rees-Mogg is the favourite to succeed her, despite appearing to have no soul.”
2/1 General Election to be called in the UK in 2018
5/2 DUP to remove support for Conservative Government
3/1 Theresa May to be removed as Conservative Leader in Q1 2018
5/1 EU Referendum to be held in 2018
4/1 Jacob Rees-Mogg
11/2 Jeremy Corbyn
8/1 Boris Johnson
11/1 Amber Rudd
11/1 Andrea Leadsom
11/1 Michael Gove
300/1 Nigel Farage
* Paddy Power’s full range of politics markets is available online here.