Bookies expect the Prime Minister to prevail against Tory rebels this evening.
In a dramatic turn of events, Theresa May is now heavily odds-on to win the vote of no confidence this evening.
Bookmakers have cut odds on her winning from 1/1 into 1/4, indicating a huge surge in favour of the Prime Minister.
In layman’s terms, that’s the equivalent of an 80% chance that she emerges victorious from the vote.
Having cancelled Tuesday’s commons vote on her EU divorce deal amid fears of it being convincingly rejected, Theresa May instead spent the day touring Europe in search of ‘reassurances’ on the agreement.
Despite those efforts, the rebellion was in full force on home soil. The chair of the 1922 Committee of Conservative backbenchers received at least the required 48 letters to trigger a leadership contest from Tory MPs.
Speaking to press this morning, the Prime Minister warned of the difficulties any new leader would face if taking over from her at this crucial time, hinting that Brexit could be delayed further or fail entirely.
The outcome of tonight’s vote looks set to be another story of ‘remain’ vs. ‘leave’.
Oddschecker spokesperson George Elek: "Whilst May looks likely to get through this evening's vote, it is not all good news for the current PM. Boris Johnson, a staunch Brexit campaigner and long-term adversary of May's, is now the favourite to be next Prime Minister."