Labour remain odds-on at 8/11 to win a majority at the next General Election, despite the announcement of Rishi Sunak’s cabinet reshuffle on Tuesday.
The Conservatives are 17/2 to win a majority, with no overall majority 2/1,meanwhile, 2024 is the favourite year at 21/20 for Sunak to be replaced as Conservative leader amid question marks over his leadership.
Kemi Badenoch is the 9/2 favourite to be the next Tory leader, with the former Prime Minister Boris Johnson trailing at 5/1.
Betfair Exchange: Overall majority at next General Election
Labour majority: 8/11
No overall majority: 2/1
Conservative majority: 17/2
Betfair Exchange: Year of next General Election
2024 or later: 1/10
Betfair Exchange: Year Rishi Sunak is replaced as Conservative Leader
2025 or later: 13/8
Betfair Exchange: Next Conservative leader
Kemi Badenoch: 9/2
Boris Johnson: 5/1
Penny Mordaunt: 9/1
Ben Wallace: 10/1
James Cleverly: 13/1
Betfair spokesperson Sam Rosbottom said, “Despite Rishi Sunak undertaking his first cabinet reshuffle since becoming Prime Minister, which has most notably seen Greg Hands replace Nadhim Zahawi as Tory Party chairman, Labour remain odds-on at 8/11 to win a majority at the next General Election. The Conservatives are outsiders at 17/2 to win a majority, while no overall majority is 2/1.
“With former PM Liz Truss penning an essay about her brief time in and out of No.10, as well as an ongoing bullying inquiry into one of his cabinet ministers, there are some questions surrounding Sunak’s leadership.
“It remains to be seen if he will lead the Tory party at the next General Election and he is 21/20 to leave No.10 in 2024, with Kemi Badenoch the current 9/2 favourite to replace him, while a return for Boris Johnson as party leader isn’t completely off the cards, with the Uxbridge MP second-favourite at 5/1 to make a comeback as leader.”