As Keir Starmer continues to edge towards the exit door, the Defence Secretary John Healey has emerged as a contender to succeed the Prime Minister as the Labour leader.
The Secretary of State for Defence is now 9/1, slashed from 25/1 during the week.
Punters have shown support for Healey this week; 24% of bets backed the 66-year-old for Labour leader, making him the most backed candidate by bettors.
British Politics – Next Labour Leader betting odds
| Next Labour leader | Odds | Implied probability |
| Angela Rayner | 2/1 | 33% |
| Wes Streeting | 4/1 | 20% |
| Ed Miliband | 6/1 | 14% |
| John Healey | 9/1 | 10% |
| Shabana Mahmood | 9/1 | 10% |
| Alistair Cairns | 10/1 | 9% |
| Yvette Cooper | 12/1 | 8% |
| Andy Burnham | 12/1 | 8% |
British Politics – Next Labour Leader betting split (this week)
| Next Labour leader | Percentage of bets placed |
| John Healey | 24% |
| Ed Miliband | 20% |
| Andy Burnham | 14% |
| Angela Rayner | 12% |
| Alistair Cairns | 6% |
| Wes Streeting | 4% |
| Darren Jones | 2% |
| Jess Phillips | 2% |
Oddschecker spokesman Chris Rogers stated, “The next Labour leader betting market has been a hive of activity this week.
“John Healey has emerged as a strong contender to succeed Starmer as leader of the Labour Party.
Healey’s odds have tumbled from 25/1 to 9/1, with the former Treasury Minister being the most backed candidate with 24% of the betting.
“Angela Rayner continues to lead the market at 2/1 while Ed Miliband was the second most backed prospect (20%) for the Labour leadership role.”
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