Spreadbetting market sees significant shift
Are Tory supporters getting nervous? Mike Smithson has asked me to highlight significant movement on the Sporting Index political spreadbetting markets. After victory in the Crewe & Nantwich by-election, the mid-point between the Buy and Sell price on Conservative seats at the next election had been around 350, implying that David Cameron would enjoy a majority of around 50. Today, that mid-point price dropped to 335, suggesting a majority of only 20. It seems inevitable that this is largely in…