Blunkett 7/4 to be out by New Year’s Day

At last! William Hill have just opened a market on whether the Work & Pensions Secretary, David Blunkett, will survive in his post until the end of the year. The price is 7/4 that he’ll be out by then and 2/5 that he’ll survive. As yet it does not appear to be online but we’ll let you know as soon as it is.

Sadly the price is nothing like as good as the one that was available last December when you could have got 7/2 against him resigning as Home Secretary by the end of the year. Those that got on made a nice profit.

This was followed by the “Will Blunkett return to the Cabinet in 2005″ market when on Christmas Eve you could get 5/1. This turned out to be another profitable.

With the media attention level so high it is hard to see how Blunkett can brazen the current crisis out – especially as he was advised three times that he ought to seek advice about taking jobs while out of the cabinet. The 7/4 seems like a good bet.

Mike Smithson