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Labour fightback losing momentum as Brits favour Tory re-election

The Great British public would re-elect a Tory government if Theresa May were to call a snap election today, according to the latest odds move from Betway.

Betting on the outcome of the next general election has swung in favour of the Conservative Party for the first time since the UK voted for Brexit, with the odds being cut from evens to 5/6.

Jeremy Corbyn, who’s now 7/4 favourite to be the next party leader to resign, is leading a Labour party whose odds of gaining the keys to number ten have drifted from 5/6 to evens.

May’s odds of stepping down before Corbyn or Vince Cable have been pushed out to 9/4, while Cable, who is facing scrutiny over anti-Brexit claims of European leaders, is 15/8 to be the first party leader to resign.

Betway’s Alan Alger, said: “The Labour fightback is losing momentum as far as we’re concerned. The Brexit referendum fuelled a lot of anti-Tory sentiment but recent developments with Russian spies and Theresa May’s handling of that appear to have boosted her party’s chances of remaining in power.

“Labour are out to evens from 5/6 to win the next general election, while their leader, Jeremy Corbyn, has been well-backed at 7/4 to be the first party leader to resign.

“Vince Cable may not be safe and May’s local elections could prove decisive. The Lib Dem leader has also been well-supported at 15/8, while May’s position looks safe for the meantime and she’s out to 9/4 to be the next party leader to resign.”

Next General Election – Most Seats:

Conservatives 5/6
Labour Evens
Liberal Democrat 100/1

Next Party Leader to Resign:

Jeremy Corbyn 7/4
Vince Cable 15/8
Theresa May 9/4
Leanne Wood 16/1
Nicola Sturgeon 16/1
Caroline Lucas 20/1

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Jack Peat

Jack is a business and economics journalist and the founder of The London Economic (TLE). He has contributed articles to VICE, Huffington Post and Independent and is a published author. Jack read History at the University of Wales, Bangor and has a Masters in Journalism from the University of Newcastle-upon-Tyne.

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