We now rate the chances of a second referendum before April 1st 2019 at 9/4 – slashing the odds from 3/1.
Our traders also have it odds-on (1/2) that no Brexit deal is reached by that same deadline, shortening the price from 4/7.
If that second referendum were granted – presumably with some kind of terms of exit outlined – we make Remain the overwhelming favourite to succeed (1/7) with Leave the rank outsiders (4/1). Though we’ve heard that before.
Our spokesman Paddy Power said: “After more than two years of careful negotiation and strategising, the best thing achieved by the Brexit process has been to remove David Cameron and Boris Johnson from positions of power.
“With virtually no opposition, the Prime Minister has been able to dilly-dally and perform prompt change of hearts regularly – so why wouldn’t she produce a EU-turn now?
“Such indecision should’ve been clear the moment she took charge, though. Because Theresa May but, then again, Theresa May not.”
1/2 – No Deal to be reached by Brexit deadline
10/11 – A Tory leadership contest to take place in 2018
9/4 – A second EU membership referendum to be held before the Brexit deadline
5/2 – The UK to apply to re-join the EU by 2027
10/3 – A General Election to be held this year