Home Business News Penny Mordaunt remains favourite ahead of Rishi Sunak to replace Boris Johnson with Prime Minister set to resign

Penny Mordaunt remains favourite ahead of Rishi Sunak to replace Boris Johnson with Prime Minister set to resign

by LLB political Reporter
7th Jul 22 9:57 am

With Boris Johnson set to resign as Prime Minister, Penny Mordaunt is the 5/1 favourite to be the next Conservative leader, with Rishi Sunak 6/1.

The Defence Secretary Ben Wallace’s odds to succeed Johnson have shortened to 13/2 from 9/1 overnight, while Liz Truss (8/1), Sajid Javid (9/1) and Nadhim Zahawi (10/1) remain other contenders.

Betfair Exchange: Next Conservative leader after Boris Johnson

Penny Mordaunt: 5/1

Rishi Sunak: 6/1

Ben Wallace: 13/2 (was 9/1 on Wednesday)

Liz Truss: 8/1

Sajid Javid: 9/1

Nadhim Zahawi: 10/1

Jeremy Hunt: 13/1

Tom Tugendhat: 15/1

Michael Gove: 21/1

Betfair Exchange: Overall majority at next General Election

No Overall Majority: 4/5

Conservative Majority: 11/4

Labour Majority: 9/2

Betfair Exchange: Year of next General Election

2022: 8/1

2023: 4/1

2024 or later: 1/3

Betfair spokesperson Sam Rosbottom said, “With Boris Johnson set to resign as Prime Minister today, Penny Mordaunt is the 5/1 favourite to replace him as Conservative leader, with Rishi Sunak 6/1.

“However, odds on Ben Wallace to succeed Johnson have been slashed to 13/2 from 9/1 overnight, while Liz Truss is 8/1. Looking at when the next General Election could be, 2024 or later is odds-on at 1/3, with 2023 4/1 and 2022 8/1.”

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