Davey slips to his lowest level yet in the LD leadership betting
He’s heading towards evens
Over the last two to three weeks there has been a fair amount of movement in the Lib Dem leadership betting with money starting to go on the Oxford West & Abingdon MP Layla Moran and with the acting leader, Ed Davey edging out.
The current 1.85 on Davey, a 54% chance, is the weakest price yet since the the vacancy became clear. At the same time money has been going on Moran and she has been at about a 38% chance.
This market has been open since Jo Swinson was elected in July and in the immediate aftermath of that election Layla was briefly the favourite.
What we do know now is that the election will not take place until after the local elections in May and the intention is to have the new leader in place in July. This might help some of the lesser known figures who have ambitions of the top job.
There have been suggestions that there could be five nominations out of the MP pool of 11, seven of whom are women. The others are Wera Hobhouse, Christine Jardine and Daisy Cooper on whom I have a 60/1 bet.