New odds show
Ladbrokes has slashed odds of Boris Johnson becoming the next Conservative leader after his conference speech in Manchester.
The Cabinet Minister had been 6/1 at the turn of the month but has since been trimmed to just 4/1, making him the new favourite ahead of market leader, David Davis.
Meanwhile, Amber Rudd, Jacob Rees-Mogg and Philip Hammond are all 8/1 shots to replace Theresa May, while the rest of the field are 16/1 or bigger.
Alex Apati of Ladbrokes said: “Money talks, and punters now believe it’s BoJo who’ll be taking over the Conservative party helm next.”
Ladbrokes latest betting, next Conservative leader
Boris Johnson – 4/1
David Davis – 5/1
Amber Rudd – 8/1
Jacob Rees-Mogg – 8/1
Philip Hammond – 8/1
Andrea Leadsom – 16/1
Ruth Davidson – 16/1