Bookies have slashed Labour’s odds of gaining the most seats in the General Election from 16/1 to 7/1 in just two weeks.
A strong display from Corbyn and Co has led to a revival of Labour’s chances at getting a result in June.
May’s dementia tax and a “strong and stable” message that has been impeded by u-turns has also dropped the odds, although the Conservatives are still sitting pretty at 1/16.
Betway’s Alan Alger, said: “Jeremy Corbyn leading the UK was almost unthinkable two weeks ago at 16/1, but punters are beginning to sense a changing of the guard and Labour must be taken seriously at 7/1.
“It’s still very much the Tories to lose at 1/16, and it would go down as one of the biggest shocks in political betting history if Theresa May was not to stay in office, but the momentum behind Labour is definitely building.”
Betway – Politics – UK
General Election Most Seats:
| Conservative | 1/16 |
| Labour | 7/1 |
| Liberal Democrat | 100/1 |
| BAR | 1000/1 |
Since you are here
Since you are here, we wanted to ask for your help.
Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.
Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.
If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.
To donate or subscribe to The London Economic, click here.
The TLE shop is also now open, with all profits going to supporting our work.
The shop can be found here.
You can also SUBSCRIBE TO OUR NEWSLETTER .
