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Next Conservative Leader Odds, Prediction and Betting Tips - Rishi Sunak clear favourite after unveiling lifeline for economy

  • Next Conservative Leader Odds have Rishi Sunak as clear favourite.
  • Ladbrokes report that punters have "flocked" to back the Chancellor of the Exchequer,as the next Tory leader.
Rishi Sunak
(Photo by MATT DUNHAM/POOL/AFP via Getty Images)


Next Tory Leader Odds


Boris Johnson may have only recently won the 2019 General Election with a large majority, but betting on the next leader of the Conservative Party is underway and Ladbrokes report that punters have "flocked" to back Rishi Sunak, the current Chancellor of the Exchequer, as the next Tory leader.

Mr Sunak was only appointed as Chancellor in February following the resignation of Sajid Javid during a cabinet reshuffle and prior to that appointment had been 250/1 with one bookmaker to be the next Conservative leader.

But following the Chancellor's lifeline for the economy on Tuesday (March 17th), Ladbrokes reported him being "backed off the boards" to become Tory leader after Mr Johnson, and his odds are into 6/1 at time of writing.

Michael Gove sits in second at 10/1, ahead of Dominic Raab, James Cleverly, Jeremy Hunt, Penny Mordaunt and Sajid Javid who are currently available at 16/1.

Ladbrokes spokesperson Jessica O'Reilly told FreeTips.com: "Punters are clearly impressed with Sunak. He's barely been Chancellor a month and he's already stormed to the top of the Tory leadership betting."

Next Conservative Leader Betting Odds


CandidateOdds
Rishi Sunak6/1
Michael Gove10/1
Dominic Raab16/1
Jeremy Hunt16/1
James Cleverly16/1
Penny Mordaunt16/1
Sajid Javid16/1
Source: Ladbrokes. Odds correct at time of writing (March 17th, 2020)


Next Conservative Leader Tips



Rishi Sunak
Chancellor of the Exchequer Rishi Sunak (L) and Prime Minister Boris Johnson (R) attend a news conference addressing the government's response to the novel coronavirus COVID-19 outbreak (Photo by MATT DUNHAM/POOL/AFP via Getty Images)

The government this week unveiled a package of financial measures aimed at shoring up the economy against the impact of coronavirus.

Sunak has promised £330billion in loans, £20bn in other aid, plus a business rates holiday, and grants for retailers and pubs.

Help for airlines has also been discussed and the chancellor told a press conference that if this package was not enough, he would go further.

His movement in Ladbrokes' Next Tory Leader betting market come as he continues to be seen regularly on television and on the front pages of newspapers and his rise has been quite remarkable - especially as barely anybody had heard of him just three or four months ago.

Although 6/1 may be considered short by some on such an unpredictable market, Rishi Sunak increasingly looks like the PM in waiting should something happen to Boris in the short or long-term.

Next Tory leader FAQs

Who will replace Boris Johnson?

The Chancellor of the Exchequer, Rishi Sunak, is the current favourite to replace Boris Johnson as the next Conservative leader.

Who will be the next Conservative Party leader?

Boris Johnson may have only recently won the 2019 General Election with a large majority, but betting on the next leader of the Conservative Party is underway and Rishi Sunak, the current Chancellor of the Exchequer, is the current favourite to be the next Tory leader.

When is the next General Election?

The next general election in the United Kingdom is scheduled to be held on Thursday, May 2nd 2024, in line with the Fixed-term Parliaments Act.

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