Boris Johnson now odds-on to quit as PM this year with Penny Mourdant the new favourite to replace him

Boris Johnson is now more likely than not to step down as PM this year, as he becomes odds-on with Betfair at 20/21 to quit in 2022.

Penny Mourdant is now the new clear favourite to be the next Conservative leader at 6/1, ahead of Jeremy Hunt, Ben Wallace and Liz Truss at 8/1 and the Tories are now 3/1 to win an overall majority at the next General Election, while Labour are 4/1.

Betfair Exchange: Boris Johnson exit date

2022: 20/21

2023: 7/2

2024 or later: 5/2

Betfair Exchange: Next Conservative leader after Boris Johnson

Penny Mordaunt: 6/1

Jeremy Hunt: 8/1

Ben Wallace: 8/1

Liz Truss: 8/1

Rishi Sunak: 10/1

Tom Tugendhat: 11/1

Nadhim Zahawi: 12/1

Betfair Exchange: Overall majority at next General Election

No Overall Majority: 4/5

Conservative Majority: 3/1

Labour Majority: 4/1

Betfair spokesperson Sam Rosbottom said, “Boris Johnson is now odds-on at 20/21 to quit as PM this year. Having seemed to defy the odds for a while, the betting now indicates it’s more likely than not that the PM steps down before 2022 is out, with Penny Mourdant the clear favourite to replace him.”