Politics

Sunak shortens for no confidence vote as bookies see surge in interest

As Labour’s price hardens to just 1/10 to win the next General Election, the shortest Keir Starmer’s party have been since 2019, the likelihood of a vote of no confidence against Rishi Sunak has peaked interest at 7/4.

The PM is facing a number of challenges in the Commons at the moment and William Hill’s latest odds suggest things could come to a head for the Tory leader. On December 1st, when the vote of no confidence betting opened, Sunak was 11/4 to face a confidence motion, but that’s now just 7/4.

William Hill also make it 9/4 for Sunak to not be leading the Tories at the next General Election, with Kemi Badenoch top of the pecking order of potential party leaders at 3/1. Having returned from the I’m A Celeb jungle on Wednesday, Nigel Farage is 20/1 to be lined up as Sunak’s replacement.

Spokesperson for William Hill, Lee Phelps, said: “The next General Election is only swinging one way as things stand. Labour have been a short price for a while, and continued interest in Keir Starmer’s party winning the most seats is now down to a historically low price of just 1/10, suggesting there’s a 90 per cent chance they will come out on top when the UK goes to the polls.

“Rishi Sunak has a ship to steady and we’ve seen plenty of interest in our vote of no confidence betting since the market opened. Priced up at 11/4 on December 1st, that was quickly snapped up and Sunak is now just 7/4 to face a vote of no confidence.”

Rishi Sunak Confidence Vote before Next General Election?

No4/9
Yes7/4

Rishi Sunak to be Conservative Leader at the Next General Election?

Yes1/3
No9/4

Next Permanent Leader of the Conservative Party After Rishi Sunak

Kemi Badenoch3/1
Penny Mordaunt9/2
Suella Braverman5/1
James Cleverly7/1
David Cameron14/1
Nigel Farage20/1

Most Seats in General Election

Labour1/10
Conservatives6/1

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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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Tags: Rishi Sunak