This weekend’s shock news that London Mayor Sadiq Khan has sided with Owen Smith against Jeremy Corbyn in the Labour Leadership Election has seen bookmaker William Hill reduce its odds on Smith winning party leadership from 11/2 to 9/2. Khan who had been thought of as a ‘Corbyn stalwart’, changed his position on the current Labour leader, citing that the …
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UK Bookmakers cool on Owen Smith Labour leadership ambitions
UK bookmakers appear adamant that Jeremy Corbyn will keep his position as Labour Party leader despite the electoral challenge of Shadow Work & Pensions Secretary Owen Smith. Smith will now challenge Corbyn at the upcoming Labour Party Elections on 24 September as sole leadership candidate, with Angela Eagles (Shadow Secretary of Business) having yesterday announced her departure from the race …
Read More »Bookmakers place Corbyn at the front of Labour Leadership race
As the Labour leadership race enters its last full month of campaigning with ballots sent out to party members on 14 August, UK bookmakers have placed far left candidate Jeremy Corbyn as frontrunner to win the party leadership. Corbyn who did not register with many bookmakers as a contender for party leadership in May, leads bookmaker markets at 6/4, followed …
Read More »Bookmakers slash odds on Jeremy Corbyn winning Labour leadership
UK political betting markets have slashed the odds of far-left candidate Jeremy Corbyn becoming the next Labour Party leader. This week political magazine the New Statesman noted that polling by two independent agencies placed the party veteran at the head of the leadership race. Corbyn MP for Islington North has emerged as a surprise candidate for UK bookmakers, when the …
Read More »William Hill – Labour leadership market backs Liz Kendall
William Hill recorded a substantial backing for Leicester West MP Elizabeth ‘Liz’ Kendall to become the Labour Party’s next leader. Early UK betting markets on the Labour leadership, had not marked Kendall as a main contender for leadership, with bookmakers pointing to a three horserace between Chuka Umunna, Andy Burnham and Yvette Cooper. Yesterday William Hill announced that Kendall’s had …
Read More »Bookmakers present three-horse race for Labour Leadership
Following last week’s disastrous UK General Election which saw the Labour Party post a 9% decline in constituency seats to 232 (2010 Election: 256). The left-wing political party must now tackle the critical choice of who will be its leader following the departure of Ed Miliband. Less than a week since the conclusion of the UK General Election (7 May), …
Read More »Short sellers target weak Ladbrokes
The Daily Telegraph has reported that several hedge funds have ramped up their bets against Ladbrokes Plc, ahead of the 7 May UK General Election. The newspaper reports that the proportion of shares out on loan, a metric for short-selling has risen by 8.9%, the highest Ladbrokes has seen since October 2013. At present Ladbrokes are the seventh most shorted …
Read More »Boylesports releases UK General Election 2015 market breakdown
With the UK General Election voting day less than a month away, bookmaker Boylesports has published in-depth data into their General Election betting markets. At present it appears that the Conservative Party have the upper as they head the betting at 2/5 to win the most seats. Labour Party are next at 7/4 with UKIP and Liberal Democrat’s all but out …
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