Boris Johnson new favourite to be next Tory leader

Following his speech at the party’s conference in Manchester, our traders have made Boris Johnson the new favourite to be the next Conservative Party leader.

The Foreign Secretary had been a 6/1 shot earlier in the week. However, the 53-year-old has now seen his leadership odds trimmed to 4/1, a cut which takes him into favouritism.

However, it’s still a very open field following the conference.

BoJo is followed in the betting by former market leader David Davis at 5/1, with Home Secretary Amber Rudd priced up at 8s.

Also at 8/1 are Jacob Rees-Mogg and Philip Hammond, with Andrea Leadsom and Scottish Conservatives leader Ruth Davidson both available at 16/1.

Alex Apati of Ladbrokes said: “Money talks, and punters now believe it’s BoJo who’ll be taking over the Conservative party helm next.”

Ladbrokes Latest Betting:

Next Conservative Leader

Boris Johnson – 4/1

David Davis – 5/1

Amber Rudd – 8/1

Jacob Rees-Mogg – 8/1

Philip Hammond – 8/1

Andrea Leadsom – 16/1

Ruth Davidson – 16/1

20/1 bar

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