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Rishi Sunak odds-on to be replaced this year as odds slashed on a General Election later in 2024

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Last updated: 08 Jan 2024
Phil Lowe 08 Jan 2024
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  • Latest General Election 2024 odds from Ladbrokes
  • Labour odds-on to win Majority at next UK Election
  • Prime Minister Rishi Sunak 10/11 to be replaced as leader of the Conservatives before end of the year
Rishi Sunak
Rishi Sunak (Photo by CARLOS JASSO/AFP via Getty Images)
  • Latest Political Betting Odds
It is increasingly likely that the next UK General Election will take place between October and December 2024, according to Ladbrokes.

After Prime Minister Rishi Sunak last week said his "working assumption" is for an autumn election, the bookmakers now make it just 2/5 to come between October and December.

It is 10/11 that Mr Sunak be replaced as Tory Leader before the end of the year.

Elsewhere, Kemi Badenoch is the current favourite at 3/1 to replace Sunak in Ladbrokes' Next Conservative Party Leader Odds market, with Penny Mordaunt and Suella Braverman next in the betting at 9/2.

Ladbrokes spokesperson Alex Apati told FreeTips.com: "We're strapping in for a hectic year on the political front, and the latest odds suggest it could soon be all change in Downing Street, with the Labour Party seemingly closing in on an inevitable majority win at the next General Election."

Latest Political Betting Odds


When will Rishi Sunak be replaced as Conservative Party Leader?


Date
Odds
202410/11
2025 or later5/6

Next Conservative Party Leader Odds


Name
Odds
Kemi Badenoch3/1
Penny Mordaunt9/2
Suella Braverman9/2
James Cleverly7/1
Boris Johnson10/1
David Cameron20/1

Next UK General Election Odds


When will the next General Election take place?


Date
Odds
October-December 20242/5
April-June 20244/1
July-September 20245/1
2025 or later16/1
January-March 202466/1

Government after next General Election Odds


Government
Odds
Labour Majority2/7
Labour Minority3/1
Labour and Lib Dem Coalition6/1
Conservatives Majority10/1
Conservatives Minority12/1

All odds courtesy of Ladbrokes and correct as of 07:30 GMT on Monday, January 8th 2024.

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