Cameron attacks sees William Hill shorten EU exit market odds

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With multiple UK news sources reporting that the country favours an EU exit, bookmaker William Hill has shortened its ‘EU Referendum’ exit outcome from 3/1 to 11/4.

Polls released this weekend, indicated that 51% of Brits, were prepared to vote for an EU exit, if the referendum were to be conducted this week.

A delicate matter for Prime Minister David Cameron who faces mounting criticism for his faltering stance on Europe, the PM has seen attacks from all sides of Britain’s political spectrum with critics stating that the PM has no intention on challenging his anti-Europe members of the Conservative party.

Furthermore it appears that Cameron will have to contend with a hard-core alliance of Eurosceptics within both Conservative and Labour camps. The powerful lobby will aim to block all referendum amendments that the PM may seek to impose.

Nevertheless, With Cameron facing numerous hurdles to push a EU agenda, William Hill has stuck to it opening market positions as the ‘stay-in’ vote remains favourite, albeit with its market odds shortened from 2/9 to 1/4

“It is still early days in the process and as yet the date of the Referendum has not been announced, but this poll offers an indication of how people are thinking,” said William Hill PR spokesman Graham Sharpe.

William Hill believes the Referendum will take place before the end of June 2016, making that their 11/10 favourite – “But the poll could alter government thinking about when the Referendum should take place,” Sharpe added.

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