It is inevitable with all the political moves relating to the prime minister that there is a lot of betting focus at the moment on who will succeed her both as CON leader and also Prime Minister.
Last week as the Betdata.io chart shows the money moved to the former mayor and former foreign secretary who has hired Lynton Crosby to run his leadership campaign, Mr Johnson. That’s evaporated but he’s still favourite though there are four or five others there waiting in the Wings.
The big factor that impacts on this market is the statement by Theresa May last week that she is[to step down and will not lead the party at the next general election. Quite when this will happen we don’t know but clearly, following the culmination of Brexit however that goes, she’s likely to be seen as a lame duck Prime Minister.
I still wonder whether her eventual successor is not yet regarded as a serious runner and might emerge as Theresa May gives further clarification of when she thinks she might be stepping aside.
Remember the historical factor in CON leadership races is that the long-standing front runner gets beaten.