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Home Business News Labour’s odds of winning next election improve after Reform UK pledge to stand candidate in every seat

Labour’s odds of winning next election improve after Reform UK pledge to stand candidate in every seat

by LLB political Reporter
4th Jan 24 7:17 am

Labour’s odds slashed to 1/5 from 2/9 to win majority with Tory vote split, according to odds from AltIndex

Next general election – overall majority

Labour majority 1/5 (was 2/9)

No overall majority 15/4

Conservative majority 11/1 (was 10/1)

Next general election – most seats

Labour 1/10

Conservative 6/1

Reform UK 66/1

Liberal Democrats 100/1

Next general election – date

October-December 2024 4/7

April-June 2024 6/4

July-September 2024 8/1

2025 or later 12/1

January-March 2024 25/1

AltIndex spokesperson said, “Reform UK have just handed Labour a huge boost in their hopes of winning a majority at the next general election, according to the latest betting odds.

“Labour’s odds of winning a majority have improved to 1/5 from 2/9, increasing by two percent to a 83% implied probability after Reform announced that they will stand a candidate in every seat which may split the Conservative’s voter base.

“The Tories have drifted to 11/1 from 10/1 to retain their majority and 6/1 to be the party that wins the most seats when the country heads to the polls.”

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