Betfair has revised its UK politics markets, slashing the odds on the Labour Party winning a majority at the next General Election from 4/11 from 2/5 (72% chance). The update follows the Conservative Party losing the ‘safe seats’ of Mid Bedfordshire and Tamworth, which saw Labour overturn record Tory majorities of nearly 25,000 and 20,000 votes, respectively. The by-election losses …
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Betfair projects a bleak outlook for the Conservative Party and its plans to remain in government as the UK’s next General Election looms. At this week’s Party Conference in Manchester, Betfair announced: “Punters on the Exchange are backing the Conservatives to lose more than 201 seats (5/2 – 29% chance) at the next general election.” The favoured outcome among Betfair …
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A Shadow Cabinet reshuffle has seen two new additions with responsibility for betting industry oversight, Lucy Powell MP and Alex Davies-Jones MP, who have been welcomed by the Betting and Gaming Council (BGC). Powell currently serves as MP for Manchester Central and will replace Jo Stevens MP as the Shadow Secretary of State for Digital, Media, Culture and Sport, whilst …
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Smarkets Politics has registered a mixed reaction to the Autumn Budget statement, delivered by Chancellor Rishi Sunak. “Employment is up, investment is growing, public services are improving, public finances are stabilising, and wages are rising” – bellowed Sunak to the Commons, underlying the strengths of the UK economy recovering from COVID-19 pandemic. Yet, despite the Chancellor’s bluster, the latest politics …
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A Winter of discontent looms on Great Britain, as the public deals with a fuel crisis, inflation, a rise in taxes and worst of all, the possibility of no turkeys for Christmas. Yet, in opposition, the Labour Party is incapable of landing any punches on PM Boris Johnson. Hence concerns beckon on Keir Stramer’s leadership and his ability to unite …
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Following on from the Labour’s disastrous performance in last December’s General Election, losing 60 seats and recording its biggest electoral defeat since Michael Foot’s 1983 campaign, bookmakers are pricing the early contenders competing for Party leadership. With Jeremy Corbyn’s successor to be decided on April 4, former shadow Brexit secretary Keir Starmer continues to be the front runner, followed by …
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The Labour Party maintaining its ‘heartland seat’ of Stoke-on-Trent, may have seen Jeremy Corbyn avoid complete political disaster last week. However, Labour’s leader still has a daunting task ahead of him if he is to stand as official Party representative for the next General Election. Growing unrest in ‘camp Labour’ regarding leadership has led to senior party officials denying numerous …
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