Odds cut on General Election and EU Referendum in 2018 amid Brexit dispute

The Irish border issue is not going away and more money has come in for Britain to be heading back to the polls this year…

Comments

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).

Jacob Rees-Mogg is the favourite to succeed May (4/1), ahead of Jeremy Corbyn (11/2) and Boris Johnson (8/1).

We also make it more likely that May will be removed as Conservative leader in the NEXT MONTH (now 3/1 from 4/1) – and that the DUP will rescind their support for the Conservative government (5/2).

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.”

UK POLITICS ODDS

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

NEXT PRIME MINISTER

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.

What do you think?