*All prices are bang up to date with our snazzy widgets, while odds in copy are accurate at time of publishing but subject to change
The ongoing drama that is British politics continues as Boris Johnson faces a vote of no confidence among his own MPs tonight.
A poll on the UK Prime Minister’s future will be held by Conservative politicians after the threshold to trigger the secret ballot – 15 per cent of their parliamentary party submitting letters of no confidence – was exceeded.
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Boris Johnson will be forced to resign as leader of the Tory Party – and Prime Minister – if he loses the contest.
Paddy’s politics traders were quick to react to the news by chalking up a Will Boris Johnson Survive No Confidence Vote? betting market. You can find the latest odds on our snazzy widgets below.
Despite more than 54 Tory MPs sending in letters of no confidence to 1922 Chairman Sir Graham Brady, Boris Johnson is fancied to survive the poll. At least 180 of the 359 Tory MPs need to vote against him if he’s to be ousted as leader of the Conservative Party and Prime Minister.
There has already been plenty of chatter about the Next Conservative Leader after Boris Johnson, and the runners and riders are jockeying for position in our betting market.
Tom Tugendhat, the Chair of the Foreign Affairs Select Committee, has emerged among the principal contenders to take the top job. He has been the MP for Tonbridge and Malling since 2015.
Jeremy Hunt, who was beaten to the top job by Boris Johnson in the summer of 2019, is also prominent in our odds. The former Health Secretary has been the Chair of the Health and Social Care Select Committee since 2020.
Foreign Secretary Liz Truss is the leading contender among the current members of Boris Johnson’s Cabinet.
She is ahead of the Chancellor of the Exchequer, Rishi Sunak, who has seen his poll ratings slide in recent months amid the cost of living crisis and after being given a fixed-penalty notice for breaching coronavirus laws.
If Boris Johnson does survive the vote of no confidence then the next potential threat to his leadership could come with the Tiverton and Honiton By-election on Thursday, June 23.
The area has been held by the Tories since 1923 but the Liberal Democrats are the odds-on favourites to win the vote, which is being held because Neil Parish quit as the MP after admitting to viewing pornography in the House of Commons.
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