Honours probe developments cause punters to re-consider

The latest betting on the Blair departure date has Q2 at 1.14/1 and Q3 at 1.28/1 with everything, it seems, now dependent on the honours probe.

After all the talk of him leaving in early July the developments on Friday have caused some reconsideration. But this one remains very hard to call because nobody knows how the Yates inquiry is likely to pan out or what the PM’s reaction to it will be.

This morning’s Guardian story, reproduced above, seems plausible. It would, surely, be very hard to Blair to try to carry on until the summer if charges are brought.

Mike Smithson