Brexit Secretary David Davis supported Theresa May’s call for the snap election and now could be set to benefit from the decision following the party’s weak election performance..
Davis recently remarked that criticism of Theresa May is the “height of self-indulgence”, and also diminished rumours of bickering among the Conservative party, expressing that Mrs May is ‘100 per cent’ the right person to lead the country. However, since Conservative’s disastrous night last week, the odds for Davis himself have been slashed to become the new Prime Minister.
David Davis is among three stand-out front runners to be named the next Prime Minister, along with fellow Conservative MP Boris Johnson and Labour leader Jeremy Corbyn. Davis can be backed at 9/2 to follow May into No.10 and has been the third most backed politician in the market with 8% of bets. The Conservative MP’s chances look considerably more favourable compared to last Friday when the he was as big as 12/1 to succeed May.
Corbyn remains favourite for the role and is as short as 11/10 with one bookmaker; he’s accounted for 46% of bets placed this week. Boris Johnson’s odds came into as shot as 2/1 to be Prime Minister before July 1st on the night of the election, but they’ve since lengthened to 5/2.
There are still rumours that numerous Conservative MPs will put pressure on Theresa May to be removed from her position before the end of the month. One bookmaker have priced May being Prime Minister on 1st July at 1/5 and 7/1 that former London Mayor, Boris Johnson, will be in control of the country.