DAVID MILIBAND-mania has hit political punters who have rushed to back David Milband to become the next leader of the Labour Party.What would Alan Sugar say to this? Does anyone care?
William Hill have been taking bets of up to £500 a time for him, and were forced into evasive action by slashing his odds from 7/2 to 2/1 favourite to succeed Gordon Brown.
'Miliband-mania seems to have taken hold and political punters are backing him as though a leadership election contest was imminent and he was the only candidate' said Hill's spokesman Graham Sharpe.Hills make Jack Straw 4/1 second favourite to become the next leader with Alan Johnson at 5/1; Harriet Harman 7/1; Jon Crudass 8/1; John Denman 10/1; Ed Balls 12/1; James Purnell 16/1.
MILIBAND is 5/1 with Hills to be the new leader by January 1, 2009; 4/9 still to be Foreign Secretary on that date; 4/1 to be Chancellor then; 16/1 no longer to be in the Cabinet; 20/1 to occupy any other Cabinet position.**Meanwhile, Hills offer 5/4 that Mr Brown will be out of office before the end of this year; 11/8 that he will go in 2010 and 3/1 in 2009.
Brown is 5/6 to lead the Party into the next General Election, 5/6 not to.Hills offer 4/7 that the next Election will be in 2010; 8/1 this year; 5/2 Jan-June next year; 9/1 July-Dec next year.
**ANDY KERR is 2/5 favourite to become the next leader of the Scottish Labour Party with Hills who also offer 7/2 Iain Gray; 9/2 Cathy Jamieson.
**THE CONSERVATIVES are 2/9 favourites to win the next General Election with William Hill who make Labour 3/1 with the Lib Dems 100/1,and also offer 5/2 about a Hung Parliament.
Hills offer 6/4 that the Tories will win 375 or more seats at the Election, which will see them win in a virtual landslide.
Saturday, 2 August 2008
David Miliband now 2/1 favourite to replace Gordon Brown
From William Hill: