After 24 hours of turmoil in the Conservative Party, a Cabinet reshuffle saw the former Attorney General, Jeremy Wright appointed to the role of Secretary of State for Digital, Culture, Media and Sport (DCMS). The MP for Kenilworth and Southam replaced Matt Hancock in the role, who departed to take over as Health Secretary, after Jeremy Hunt took over as …
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Bookies Corner – Local Elections 2018 – Labour tipped to capitalise on Tory turbulence
It’s difficult to remember a time when political turmoil was so commonplace. Neither party is exactly blossoming in the opinion polls, but it’s Labour that will be feeling most confident heading into Thursday’s local council elections, with many analysts suggesting the Tory Party could suffer its worst ever result in London. SBC News caught up with three political betting experts to …
Read More »Out by April… Betfair makes drastic cut to Theresa’s resignation odds
Betfair Politics has drastically reduced the odds on PM Theresa May departing 10 Downing Street in 2018, as Conservative Party rifts continue to rock the government’s Brexit negotiations strategy. The Times has reported that high-ranking Tory donors have demanded that May resign, due to her ‘tortoise approach to delivering Brexit’. PM May is currently visiting China, seeking to discuss future trade …
Read More »Paddy Power – Philip Hammond’s ‘bantz budget’ sees Chancellor odds-on to be cut in 2018
UK Chancellor of the Exchequer Philip Hammond was full of banter and punch-lines as he delivered Wednesday’s Autumn Budget, but Paddy Power Politics details that it could be ‘Spreadsheet Phil that becomes a laughing stock in the aftermath of his speech’. The early Budget criticism is already enough for Paddy Power to make it odds-on for the Tory government to replace Hammond …
Read More »Thanks Philip! No betting industry tax hike but industry faces tough 2018 context
The UK betting industry breathes a sigh of relief, as Chancellor of the Exchequer Philip Hammond has detailed no industry tax hike for the governments annual budget. Prior to yesterday’s budget presentation, a number of industry stakeholders had outlined concerns regarding further taxes being demanded from the UK betting sector. At Lunchtime, Hammond would present Commons a budget ‘designed to …
Read More »Betfair Politics – All eyes on May as Corbyn evens General Election market
Following the conclusion of this week’s Labour Party Conference, Betfair Politics informs that at present both Labour and Conservative are evens to ‘win most seats at next General Election’. Jeremy Corbyn’s closing speech in Brighton was well received by Labour Party delegates. Following two years of fractious party conventions, UK media now reports that Corbyn may have finally united all …
Read More »‘Dont Mogg Yourself’…Paddy Power lengthens Jacob Rees Mogg’s Next PM odds
A car crash interview on ITV’s ‘Good Morning Britain’ has seen bookmakers’ lengthen the odds of hardline Conservative Jacob Rees Mogg becoming the UK’s next Prime Minister. In recent weeks, Brexiteer Rees Mogg has gained a strong following from grassroots Conservative Party members, urging on social media channels for the North-East Somerset MP to challenge Theresa May and takeover Tory …
Read More »#MoggMentum…Bookmakers cut odds on Jacob Rees-Mogg taking over Tory Party leadership
As Parliament heads towards its summer recess (20 July – 5 September), rumours swirl of a leadership contest for the divided and embattled Conservative Party. A cruel summer for PM Theresa May, who has made little to no progress on her Brexit mandate, has seen UK media report that Brexit secretary David Davis and foreign secretary Boris Johnson are seeking …
Read More »Gamble Gone Wrong! Bookmakers readjust UK political markets following stunning Snap Election results
Bookmakers have moved to readjust their political betting markets, following the stunning results of the 8 June UK Snap General Election, which has been branded the ‘biggest miscalculation’ in modern UK political history. Last April PM Theresa May called for a June Snap Election, in order to increase her Parliamentary majority as the Conservative Government headed for crucial Brexit negotiations …
Read More »Betfair Politics – Labour shortens odds, but all markets point to Tory victory on 8 June
With just ten days to go until the UK hits the 2017 General Election polling stations on 8 June, Betfair Politics reports that it has recorded £22 million traded across its ‘UK 2017’ Exchange betting markets. The Labour Party which started its campaign being given the longest ever opposition odds of a General Election victory at 18/1, is now priced at …
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