The odds on Rishi Sunak becoming the next Prime Minister are on a dramatic slide.
The Chancellor was seen as a shoo-in at Betfred earlier in the year – trading as short as 6/4 – to pick up the keys to Number 10, but after being embroiled in a row over the tax status of his wife Akshata and the cost of living crisis he’s drifted all the way out to 16/1.
Boris Johnson has come in from 2/1 to 10/11 in the last couple of weeks to leave Downing Street this year as the Partygate scandal continues to dominate the headlines ahead of the May local elections.
Favourite at Betfred to replace the PM is Labour leader Sir Keir Starmer at 11/2, followed by the Conservatives’ Liz Truss and Jeremy Hunt at 13/2.
Tom Tugendhat is next at 8/1, with Ben Wallace and Penny Mordaunt not far behind at 12/1.
Amongst the outsiders is ex-Labour PM Tony Blair at 100/1 – the same price as the current Mayor of Manchester Andy Burnham, who has been christened the ‘King of the North’ by the media.
And how about a blast from the not-so-distant past – left-winger Jeremy Corbyn, who stunned the political betting markets in 2015 when he came from nowhere to be elected Labour leader, is quoted at 200/1.
Politics Betting Odds