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The last days of May?

May 23rd, 2019 Home, Media & Journalism, News & Events, Politics, Press Release

Pressure is continuing to mount on Prime Minister Theresa May with many of her own party believing she should, and will, step down in the near future.

Mrs May is still trying to push through Brexit and she is hoping her Withdrawal Agreement Bill will make it through parliament at the fourth time of asking, but some believe she may not get the chance to even see her latest efforts voted on.

The Leader of the House of Commons, Andrea Leadsom, stepped down from her role on Wednesday in a huge blow to Mrs May, citing her latest Brexit stance as the reason for her departure.

Mrs Leadsom was due to announce when the prime minister’s Withdrawal Agreement Bill – the legislation needed to implement the agreement between the UK and EU – would be introduced, but revealed that she could not do it as she did not believe in the plan.

Now with Mrs May seemingly going from one crisis to another, it is a matter of when – rather than if she goes and Bookmakers agree.

It is odds on at 4/6 that the Prime Minister will have left by the end of June, and it is as long as 100/1 that she could leave between October and December this year.

The battle to succeed her is already well underway and the odds on Boris Johnson are now as low as 6/4, but there has been a lot of money come for Cabinet minister David Lidington, the De facto deputy PM, who is now into second favourite at 4/1 with Dominic Raab third favourite at 6/1.

OddsMonkey spokesman Peter Watton commented: “We are surely in the last days of Mrs May’s Premiership, and the fact she is odds-on not to make it to July, tells you everything.

“The battle to replace her began weeks ago, but it is not in full flow – ever Andrea Ledsom’s departure is seen as some a clear indication that she could once again look to take charge, and she is now installed at 14/1 to be next PM.

“But in terms of favouritism, Boris Johnson is seeing all the big money, and is now into 6/4 – he could soon be odds-on, but we have seen some major money coming for David Lidington – Mrs May’s number two, he has come from nowhere into 4/1 second favourite

“And we need to remember favourites do not do well in this battle – Johnson himself was favourite in 2016 before losing to Mrs May – indeed the last favourite was to win was Michael Howard in 2003, when he stood unopposed.”

Selected odds:

When will Theresa May leave office?
April 2019 – June 2019 @ 4/6
July 2019 – September 2019 @ 8/5
Oct 2019 – Dec 2019 @ 100/1

Who will be next Prime Minister?
Boris Johnson @ 6/4
David Lidington @ 4/1
Dominic Raab @ 6/1
Michael Gove @ 10/1
Jeremy Hunt @ 12/1
Andrea Leadsom @ 14/1
Jeremy Corbyn @ 16/1
Nigel Farage @ 20/1
Matthew Hancock @ 20/1
Sajid Javid @ 20/1
Penny Mordaunt @ 22/1

*Odds correct at time of writing

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Spokesman Peter Watton is available for further comment or one-on-one interviews on this subject or anything connected with a betting market – for more information please contact press@oddsmonkey.com or call 01916404262