Does Jeremy Represent Labour Cor Vote?
JEREMY CORBYN has moved up to third place in the betting to become the next Labour leader, for the first time since he was nominated, say bookmakers William Hill, who have cut his odds from 7/1 to 6/1 to win - he was offered at 100/1 when the four runners were first announced.
Mr Corbyn has overtaken Liz Kendall in the betting, as she drifts out from 6/1 to 7/1 outsider. The odds-on favourite at 4/5 is Andy Burnham, who is ahead of 5/2 second favourite, Yvette Cooper.
'We warned from day one that leadership elections often produce shock winners - but we have been surprised at the level of support for Mr Corbyn, although we aren't expecting him to challenge for favouritism' said Hill's spokesman Graham Sharpe.
Mr Burnham has attracted 36% of the bets placed so far,Yvette Cooper 29% of bets, Jeremy Corbyn 15% and Liz Kendall 20%.
LATEST WILLIAM HILL ODDS...4/5 Burnham; 5/2 Cooper; 6/1 Corbyn; 7/1 Kendall.
Tom Watson is 8/11 favourite with Hills to become Deputy Leader. Caroline Flint is 9/4 second favourite, with Stella Creasy at 4/1; Angela Eagle 12/1 and Ben Bradshaw 25/1 outsider of the field.
**With Burnham and Watson favourites for the two roles, Hills offer 11/8 that both will be won by males; 2/1 that the Party votes in a male leader but female deputy; 10/3 vice versa; and 9/2 females in both jobs.