By Rupert Adams

George Osborne Is New Favourite For Tory Leadership – Burnham Odds On To Lead Labour

George Osborne (9/4) has jumped ahead of Boris Johnson (5/2) in William Hill’s betting for who will replace David Cameron as the leader of the Conservative Party.

“Boris has perhaps underwhelmed since his return to Parliament and we have seen a steady move to back George Osborne,” said William Hill spokesman Rupert Adams.

Meanwhile Andy Burnham has returned to odds on at 10/11 to be named as the next Labour leader, with Yvette Cooper & Jeremy Corbyn both 5/2.

Next Permanent Conservative Leader After David Cameron: 9/4 George Osborne, 5/2 Boris Johnson, 7/1 Theresa May, 9/1 Sajid Javid, 18/1 Phillip Hammond, 28/1 Jeremy Hunt, 33/1 Others

Next Permanent Labour Leader: 10/11 Andy Burnham, 5/2 Yvette Cooper, 5/2 Jeremy Corbyn, 33/1 Liz Kendall