Burnham Bets Boost
Jeremy Corbyn's momentum in the Labour leader contest has been slowed by a run of betting support for Andy Burnham, which has caused his odds to be cut from 7/2 (stake £2 for profit of £7) to 5/2 (stake £2 for profit of £5) by William Hill.
Corbyn remains odds-on favourite, but is odds have lengthened from 2/7 (stake £7 for profit of £2) to 4/11 (stake £11 for profit of £4). He is also now 8/11 (stake £11 for profit of £8) to win the contest on FirstPreference Votes.
Yvette ooper is now a 10/1 outsider, with Liz Kendall attracting almost no support at 100/1.
'Corbyn's campaign is coming under intense pressure and the flow of money for him to win has been drying up for the past day or two' said Hill's spokesman Graham Sharpe.