Combine Blunkett & Blair – a possible arbitrage
One of the great pleasures of political gambling is when you find situations where whatever happens you end up a winner. With the news in the Sun today that David Blunkett will return to the Cabinet if Tony Blair wins the election then an interesting situation opens up. The current best price on Blunkett returning during 2005 is 4/1 which, given the Sun’s status as almost the “official mouthpiece of New Labour” for such things, makes that the best bet…