From William Hill:
Following the departure of James Purnell, William Hill have slashed the odds that Gordon Brown will be out of power before the end of next Saturday (June 13th) from 4/1 to 5/4 and Alan Johnson has been cut from 6/4 to Even money favourite to succeed him. Hills also make Brown 11/10 to be gone before the General Election.
"Although James Purnell may well have paved the way for the departure of Gordon Brown, we don't think he is likely to become Leader as a result and have lengthened his odds from 14/1 to 20/1 while Alan Johnson remains red-hot favourite at Even money", said Hill's spokesman Graham Sharpe.
William Hill Odds:
Gordon Brown to go on or before Saturday June 13th: 5/4 Yes, 4/7 No,
To Go Before General Election: 11/10 Yes, 4/6 No.
To Be Next Leader of Labour Party: Evens Alan Johnson, 7/1 Harriet Harman, 8/1 David Miliband, 9/1 Jon Cruddas, 10/1 Ed Balls, 10/1 Ed Miliband, 12/1Jack Straw, 16/1 John Denham, 20/1 James Purnell.