Betfred are offering odds of 5/4* that Theresa May will be ousted as prime minister before the end of the year ahead of another crucial week in the Brexit process.
The Tory leader faces opposition from pro-European rebels such as Anna Soubry and Kenneth Clarke, as well as the hardline Brexiters in her party, as she attempts to get the cross-border trade bill through the Commons this week.
Angered by what they see as a watering down of Brexit in last weekend’s Chequers agreement, members of the European Research Group of Tory MPs have threatened to vote against the government in a bid to force it to change its stance in negotiations with the EU.
With David Davis and Boris Johnson having already resigned, along with a handful of junior ministers, May faces further opposition from prominent backbenchers who feel they were railroaded into an agreement that ties the United Kingdom too closely to Europe. If the ERG’s leader Jacob Rees-Mogg can garner the support of 48 rebel MPs, he will have sufficient numbers to force a vote of no confidence in the prime minister, while she faces a potentially damaging setback if the bill is defeated.
With the latest opinion polls showing a four-point lead for Labour as angry, Leave-voting Tories desert the party, Jeremy Corbyn is the 5/1* favourite with Bet365 and Ladbrokes to be the next prime minister. Sajid Javid and Michael Gove are the leading Conservatives in the betting, at 6/1* with Betfred & Ladbrokes respectively.
|*All odds quoted are subject to change|