Tag Archives: Theresa May

Bookmakers back Theresa on Tory confidence showdown

Political punters were kept busy all night, as rumours circulated Whitehall that embattled Prime Minister Theresa May would be forced into a vote-of-confidence by Tory party rebels. Early this morning, Sir Graham Brady of the Conservative 1922 Committee confirmed that he had received the 48 declarations needed to trigger a cabinet vote on PM May’s leadership, which will take place …

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Bookmakers suspend ‘no confidence vote’ on May’s party leadership

The majority of UK bookmakers have today suspended markets on a ‘vote of no confidence’ taking place on Theresa May’s party leadership. Following a frantic 24-hours of trading, triggered by the abrupt departure of Dominic Raab as lead Brexit negotiator – who stated that he could not support May’s draft EU-withdrawal agreement, bookmakers’ have suspended a no-confidence motion. This morning, …

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Raab’s rude departure sees odds tumble on a May 2018 exit

A morning of Whitehall chaos, following the resignation of Dominic Raab as Brexit Secretary, sees all bookmakers revise their UK political markets. Raab becomes the second chief Brexit negotiator to resign this year, disagreeing with PM Theresa May on the UK’s draft withdrawal terms from the European Union which were presented to the Cabinet on Wednesday. Resigning from May’s office, …

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Rebel MPs seek to force Treasury’s hand over FOBTs

The Treasury’s decision to delay the implementation of a £2 maximum stake on fixed-odds-betting-terminals (FOBTs) until October has led to a revolt amongst Tory MPs. Defiance over the delay has mounted since Tracey Crouch resigned from the Department for Digital, Culture, Media & Sports (DCMS) in the immediate aftermath of Chancellor Philip Hammond’s controversial budget announcement. Whilst Theresa May places her …

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Sports Minister Tracey Crouch says bye to DCMS over FOBTs delay

Crouch

UK Sports Minister Tracey Crouch has resigned from the Department for Digital, Culture, Media & Sports (DCMS), in relation to the government’s delay in implementing its £2 FOBTs stake reduction. Crouch had served as Sports Minister since 2015, leading the government’s relations with the UK betting and gambling sectors. Monday’s 2018 Budget announcement saw the Treasury confirm that it would implement …

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Hammond’s ‘Give Away Budget’ triggers further ‘nightmare’ for UK gambling

This afternoon, Chancellor of the Exchequer Philip Hammond delivered the UK’s ‘final budget before Brexit’, promising a ‘big give away’ for UK public services and healthcare. Prior to publishing the 2018 Budget, political commentators expected Chancellor Hammond to deliver a fiscal plan which would support PM Theresa May’s autumn declaration that the ‘era of austerity was coming to an end’. …

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SBC Bookies Corner: Sprechen Sie Brexit?

With just six months left for the UK to negotiate its withdrawal from the European Union, the country appears divided and rudderless with regards to its future. Whilst political rumours are rife with regards to negotiations and career manoeuvres, critical Brexit questions remain unanswered…SBC gets the bookies lowdown as the UK enters crunch time Brexit! ______________________ SBC: With under six …

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Tory Brexit standoff sees bookmakers revise all UK political markets

With the Conservative government split on how to negotiate the UK’s European Union withdrawal, bookmakers have been forced to revise all political betting markets. Hard Brexit Tory party figureheads are pressuring PM Theresa May to abandon her much-maligned ‘Chequers Common Rulebook Proposal’, as the party prepares for its Annual Conservative Conference on 30 September (ICC Birmingham). Furthermore, this week former …

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Curtains for Corbyn? Paddy Power cuts odds on Jezza’s 2018 resignation

It appears that the Labour Party cannot escape charges of antisemitism, as this week Israeli Prime Minister Bibi Netanyahu released pictures of party leader Jeremy Corbyn ‘supposedly’ attending a wreath-laying ceremony for the 1972 Munich Olympic Games terrorists in 2014. The Labour Party has defended Corbyn’s position, stating that its leader was ‘visiting a Tunisian cemetery to honour innocent victims …

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Paddy Power prices down ‘Referendum Part Deux’!

The UK government’s struggle to finalise terms on a 2019 Brexit arrangement, has seen Paddy Power Politics price down its odds on a ‘Second UK-EU Referendum’. Updating its UK political markets, Paddy Power now rates the chances of a second referendum before April 1st 2019 at 9/4 slashing down its previous odds from 3/1. This week the EU’s Chief Brexit Negotiator Michel Barnier …

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