Politics By Graham Sharpe

6/1 Osborne To Be Ex-Chancellor By End Of Year

GEORGE OSBORNE has been cut from 10/1 to 6/1 by bookmakers William Hill to be an ex-Chancellor before the end of the year as he prepares for the fast approaching Budget.

'Mr Osborne has not enjoyed the smoothest of rides during the New Year and there is a growing feeling that this Budget may be his last, particularly should the EU Referendum not go his and Mr Cameron's way' said Hill's spokesman Graham Sharpe.

Mr Osborne has also been demoted by the bookmakers from favourite to second favourite to succeed David Cameron as the next elected Tory leader as Boris Johnson has overtaken him in the betting and is now 9/4 favourite, while the Chancellor has drifted from 2/1 favourite to 11/4.

Hills also offer 8/1 Sajid Javid; 9/1 Theresa May; 10/1 Priti Patel; 12/1 Michael Gove; 25/1 Liam Fox. Others on request.

IN WHICH YEAR WILL OSBORNE CEASE TO BE CHANCELLOR?....6/1 2016; 7/1 2017; 9/1 2018; 3/1 2019; 5/4 2020; 7/1 2021 OR LATER

OUTCOME OF EU REFERENDUM...1/3 REMAIN; 9/4 LEAVE

VOTE IN ENGLAND...2/5 REMAIN; 7/4 LEAVE....SCOTLAND...1/10 REMAIN; 11/2 LEAVE....WALES 1/4 REMAIN; 11/4 LEAVE

William Hill say 72% of the bets so far gambled on the outcome of the EU Referendum have been for a 'Leave' vote, with 'Remain' only attracting 28% of wagers.

'Almost three quarters of the bets we have taken on the Referendum outcome have been for the 'Remain' option' said Hill's spokesman Graham Sharpe, 'Obviously that does not automatically mean that the people who placed the bets will vote 'Leave' - they could be hedging their bets – and their votes!'

Hills offer 4/6 that 55% or more of the votes cast will be for 'Remain', and 11/10 Under 55%.

Political punters are also betting that the voter turnout will be low and William Hill offer 8/15 that it will be Under 68%, 11/8 68% or over.