With many Tory MPs submitting letters of no confidence to Sir Graham Brady who is the chairman of the 1922 Committee, Boris Johnson is now odds-on at 1/2 on Betfair Exchange to face a vote of no confidence this month.
The Prime Minister is 4/1 to resign in June, while odds on him to leave before the New Year have been backed in to 5/4, making that the new favourite year for him to go, whilst Jeremy Hunt is the 5/1 favourite to replace Johnson as Conservative leader with Liz Truss following behind at 8/1.
Betfair Exchange: Boris Johnson to face a vote of no confidence in June
Betfair Exchange: Boris Johnson to step down down as Prime Minister in June
Betfair Exchange: Boris Johnson exit date
2022: 5/4 (was 7/5 yesterday)
2024 or later: 6/4
Betfair Exchange: Next Conservative leader after Boris Johnson
Jeremy Hunt: 5/1
Liz Truss: 8/1
Tom Tugendhat: 15/2
Ben Wallace: 9/1
Penny Mordaunt: 10/1
Rishi Sunak: 10/1
Nadhim Zahawi: 17/1
Michael Gove: 21/1
Betfair spokesperson Sam Rosbottom said, “Boris Johnson is odds-on at 1/2 to face a vote of no confidence in June with 18 Tory MPs submitting letters of no confidence so far.
“Those letters could increase with more than 40 Tory MPs publicly questioning Johnson’s leadership amid the ‘partygate’ fallout. The Prime Minister is 4/1 to step down this month, while 2022 has been backed in to 5/4 as the new favourite year for him to leave No.10.”