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Gove in free fall as Tory contenders are confirmed

June 10th, 2019 Home, Media & Journalism, News & Events, Politics, Press Release

The 10 candidates to become the next Conservative Party leader and Prime Minister have been confirmed, and Boris Johnson remains the odds-on favourite to win.

Theresa May will leave Downing Street in mid-July once her replacement is found, and the runners and riders are now known with 10 battling for the main job.

The 10 are…

Michael Gove – Environment Secretary
Matt Hancock – Health Secretary
Mark Harper – Backbencher
Jeremy Hunt – Foreign Secretary
Sajid Javid – Home Secretary
Boris Johnson – Backbencher
Andrea Leadsom – Backbencher
Esther McVey – Backbencher
Dominic Raab – Backbencher
Rory Stewart – International Development Secretary

Bookmakers are convinced that former Foreign Secretary Johnson – who of the 11 has the least Government experience – is the person who will succeed Mrs May, and is now priced as short as 4/9.

The biggest mover in the market has been Michael Gove – one time favourite and who was just 3/1 earlier this month – is now as long 20/1 following a weekend of front page headlines about his one time use of drugs.

Jeremy Hunt is now into second favourite priced at 4/1 with Andrea Leadsom third favourite at twice the price at 8/1.

Elected Conservative Party Leaders
Elections from 1965 onwards as before this leaders were elected by party committee
Year Favourite Winner
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

OddsMonkey spokesman Peter Watton commented: “Boris has dominated this market for weeks, his campaign has been calm and collected and whilst he is grabbing headlines for policies, his nearest rival Michael Gove is discussing his drug habit and seeing his odds tumble to such an extent that he appears out of the running with odds of 20/1.

“But as we have said, beware the favourite is the mantra that should not be ignored, with only Michael Howard ever winning the Conservative Party leadership election when entering as favourite.

“Johnson is now into his shortest price ever at 4/9, which is a probability of nearly 70%.”

Selected odds on next Prime Minister/Conservative Party Leader

Boris Johnson @ 4/9
Jeremy Hunt @ 4/1
Andrea Leadsom @ 8/1
Sajid Javid @ 20/1
Michael Gove @ 20/1
Dominic Raab @ 28/1
Rory Stewart @ 33/1
Matthew Hancock @ 150/1
Esther McVey @ 150/1
Mark Harper @ 200/1

*Odds correct at time of writing

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