Boris Johnson is now the odds-on favourite to become the next Prime Minister, with the deadline for candidates to announce their intention to stand just days away.
The former Foreign Secretary has been the Bookmakers favourite for months, long before Theresa May confirmed her tenure would be coming to an end in July.
Voting amongst Johnson’s fellow Conservative MPs will begin later in June, with a number of rounds taking place before the final two are left standing – after which point party’s general membership will vote on the leader.
Johnson was also favourite ahead of the 2016 leadership battle, which Mrs May won, before he withdrew knowing he was unlikely to make the final ballot – but this time around things look a lot different with the support in parliament looking very strong.
But as we have seen before – being favourite does very little in the Tory leadership battle – indeed only Michael Howard has won as favourite, but even then in 2003 – he was unopposed.
Elected Conservative Party Leaders
Elections from 1965 onwards as before this leaders were elected by party committee
|1965||Reg Maulding||Edward Heath|
|1975||Wille Whitelaw||Margaret Thatcher|
|1990||Michael Heseltine||John Major|
|1997||Ken Clarke||William Hague|
|2001||Michael Portillo||Iain Duncan Smith|
|2003||Michael Howard||Michael Howard|
|2005||David Davis||David Cameron|
|2016||Boris Johnson||Theresa May|
Johnson – who has had a good week after again receiving the backing of US president Donald Trump and leading back-bencher Damian Collins – is now as short as 4/6, with the nearest opponent in the betting being Michael Gove, rated at 5/1 with next best being Jeremy Hunt at 8/1.
Andrea Leadsom, whose resignation from the Cabinet helped push Mrs May towards the Downing Street exit door, is 10/1, whilst Dominic Raab’s odds have eased to as long as 20/1.
OddsMonkey spokesman Peter Watton commented: “It seems Boris has got one of the slots for the final vote sewn up, now odds-on to win the overall vote, and it seems Gove is the man who will challenge him.
“Johnson and Gove have differing ideas of how to handle the big issue of Brexit, and many believe it is because of this, that they will each get through.”
Boris Johnson – 4/6
Michael Gove – 5/1
Jeremy Hunt – 8/1
Andrea Leadsom – 10/1
Dominic Raab – 20/1
Penny Mordaunt – 20/1
Rory Stewart – 25/1
Sajid Javid – 33/1
Matthew Hancock – 50/1
Jeremy Corbyn – 50/1
*Odds correct at time of writing
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