The odds on a general election in the UK before the Brexit deadline have been slashed as Theresa May faces a vote of no confidence in her leadership tonight.
While Paddy Power make the British Prime Minister odds on (1/4) to see off her party’s attempts to replace her, it’s 5/4 that a general election takes place before the Brexit deadline in 2019.
A second EU referendum is now odds-on at 8/11.
If May is defeated, former Brexit Secretary, Dominic Raab leads a lengthy list of potential replacements with Boris Johnson at 9/2– whose desire to launch a leadership bid will come as a huge surprise to no-one.
Spokesman Paddy Power said:
“Things have moved quickly overnight in UK politics, but not as quickly as Dominic Raab’s last few months – he’s gone from political anonymity to the favourite to be next Tory leader”.
Which, given Theresa May’s stint, is much the same thing.
NO CONFIDENCE VOTE
1/4 May wins
11/4 May loses
NEXT TORY LEADER
9/2 Dominic Raab
5/1 Boris Johnson
5/1 Sajid Javid
6/1 Michael Gove
7/1 Jeremy Hunt
9/1 Jacob Rees-Mogg
8/11 Second EU referendum in 2019
11/8 General Election before Brexit deadline
10/1 House of Commons to vote through Withdrawal Agreement
*Prices are moving quicker than power hungry politicians but are correct at time of publishing