UK Politics: Paddy suspends betting on a British General Election after large bets

Paddy Power have been forced to suspend betting on a General Election to be called, following a flood of large bets this afternoon.

Rumours have been circulating that Theresa May is set to make a statement tonight. If an election is called, Jeremy Corbyn is favourite to be next Prime Minister (4/1) followed by Michael Gove, Boris Johnson (both 5/1), Sajid Javid (6/1) and David Lidington (15/2).

Spokesman Paddy Power said: “We’ve seen a rush of hefty bets on a General Election to take place within the last hour or so, and as a result, we are refusing to take any further bets on the market.

“It seems there ‘May’ be trouble ahead.”