Penny Mordaunt is now the new 6/1 favourite on Betfair Exchange to replace Boris Johnson as the next Conservative leader with Jeremy Hunt’s odds drifting to 13/2 from 4/1 in the past week.
The Prime Minister is 5/2 to leave his role this year and 11/2 to depart in 2023, meanwhile, the Conservatives are 3/1 to gain an overall majority at the next General Election, having been 11/8 before Johnson won a vote of confidence.
Betfair Exchange: Next Conservative leader after Boris Johnson
Penny Mordaunt: 6/1
Jeremy Hunt: 13/2
Liz Truss: 15/2
Ben Wallace: 10/1
Rishi Sunak: 11/1
Tom Tugendhat: 12/1
Nadhim Zahawi: 12/1
Sajid Javid: 22/1
Betfair Exchange: Boris Johnson exit dates
2024 or later: 7/5
Betfair Exchange: Overall majority at the next General Election
No Overall Majority: 8/11
Conservative Majority: 3/1 (was 11/8)
Labour Majority: 4/1
Betfair spokesperson Sam Rosbottom said, “Penny Mordaunt is the new 6/1 favourite to be the next Conservative leader with Jeremy Hunt’s odds drifting to 13/2 from 4/1 in the past week.
“Meanwhile, Boris Johnson, who survived a vote of confidence from his own MPs last Monday, is 5/2 to leave his role as Prime Minister this year and 11/2 to go in 2023.”