Keir Starmer favourite to succeed Jeremy Corbyn as Labour leader

Keir Starmer is the clear favourite to replace Jeremy Corbyn at the helm of the Labour party, according to the latest odds.

With Corbyn’s position looking untenable now that a General Election is on the cards, we’ve seen money pour in for the Holborn and St Pancras MP to become the next leader at 5/1.

Former front runner Clive Lewis subsequently sees his odds drift out to 8/1 in the betting, while Dan Jarvis is chalked up at 12/1.

Punters have also been backing David Miliband which has forced his odds to tumble into 16/1, and the same price is on offer for Lisa Nandy, Angela Rayner and Rebecca Long-Bailey.

Jessica Bridge of Ladbrokes said: “It’s a case of when and not if Corbyn goes this year, and savvy political punters are already wagering hefty sums on Starmer being the right candidate to replace him.”

Ladbrokes Latest Betting:

Labour odds

Jeremy Corbyn to be replaced as leader of the Labour party before the end of 2017 – 1/5

Next permanent leader of the Labour party

Keir Starmer – 5/1

Clive Lewis – 8/1

Dan Jarvis – 12/1

David Miliband – 16/1

Yvette Cooper – 16/1

Lisa Nandy – 16/1

Angela Rayner – 16/1

Rebecca Long-Bailey – 16/1

Chuka Umunna – 20/1

John McDonnell – 20/1

Emily Thornberry – 20/1

25/1 – bar

Click here for all the latest political markets.

All Odds and Markets are correct as of the date of publishing