Despite refusing to resign in Wednesday’s Prime Minister’s Questions (PMQs), Boris Johnson is odds-on at 4/7 to leave No.10 by the end of July.
Penny Mordaunt’s odds to replace Johnson as the next Conservative leader have been slashed to 5/1 from 7/1 overnight, while Rishi Sunak has been backed in to 11/2 from 17/2, looking at the rest of the year, Johnson is 1/11 to leave his role before 2023.
Betfair Exchange: Boris Johnson to resign before end of July
Betfair Exchange: Boris Johnson exit date
2022: 1/11 (was 10/11 on Tuesday)
2024 or later: 14/1
Betfair Exchange: Next Conservative leader after Boris Johnson
Penny Mordaunt: 5/1 (was 7/1 on Tuesday)
Rishi Sunak: 11/2 (was 17/2 on Tuesday)
Liz Truss: 7/1
Ben Wallace: 17/2
Sajid Javid: 91
Tom Tugendhat: 11/1
Nadhim Zahawi: 11/1
Jeremy Hunt: 13/1
Betfair Exchange: Overall majority at next General Election
No Overall Majority: 8/11
Conservative Majority: 13/5
Labour Majority: 9/2
Betfair Exchange: Year of next General Election
2024 or later: 2/5
Betfair spokesperson Sam Rosbottom said, “Despite insisting he would not resign during Wednesday’s Prime Minister’s Questions, Boris Johnson is odds-on at 4/7 to leave No.10 by the end of July as pressure continues to grow on his position.
“Looking at his possible replacements, Penny Mordaunt is the 5/1 favourite to be the next Conservative leader, with Rishi Sunak 11/2 and Liz Truss 7/1.”