Politics By Graham Sharpe

Betting on the budget

Bookmakers William Hill are betting on words and phrases which may appear in The Chancellor's Budget Speech and have cut 'Oil Price' from Evens to 8/11 after a run of bets; while 'Hard Working Families' can be backed at 7/4, and 'Brexit' is a 2/1 chance to get a mention, with 'Junior Doctors at 5/1, 'Boris' 7/1 – and 'Donald Trump' 33/1.

William Hill make it a 1/2 chance that Fuel Duty will be increased, and offer the same odds that Stamp Duty on Second Homes will also be raised, while an increase in the 40% threshold for Income Tax is an 11/10 chance.

William Hill are also betting on words and phrases which may appear in The Chancellor's Budget Speech and have cut 'Oil Price' from Evens to 8/11; while 'Hard Working Families' can be backed at 7/4, and 'Brexit' is a 2/1 chance to get a mention, with 'Junior Doctors at 5/1, 'Boris' 7/1 – and 'Donald Trump' 33/1.

William Hill make the Chancellor 8/11 to wear a Blue tie and odds-on at 8/11 to speak for 55 or more minutes.

George Osborne is 6/1 to cease to be Chancellor during 2016 with William Hill who offer 7/1 that will happen in 2017; 9/1 2018; 3/1 2019; 5/4 2020; 7/1 2021+

Osborne is also no longer favourite to succeed David Cameron with William Hill who make him 11/4 second favourite behind new favourite Boris Johnson, who is 9/4.

Chancellor to mention these words/phrases in Budget Speech: 1/25 'Deficit'; 1/10 'Long Term Economic Plan'; 'Pensions' 'Referendum'; 1/8 'Northern Powerhouse'; 1/3 'British People'; 4/11 'Air Passenger Duty'; 1/2 'Eurozone'; 1/2 'Second Houses'; 4/7 'National Minimum Wage'; 8/11 'Oil Prices'; 7/4 'Hard working families'; 2/1 'Brexit'; 2/1 'Migrants'; 3/1 'Scotland'; 5/1 'British Steel'; 5/1 'Junior Doctors'; 7/1 'Boris'; 25/1 'Turkey' ; 33/1 'Vladimir Putin'; 33/1 'Donald Trump'.

Length of Budget Speech: 8/11 55+ MINS; Evens U55m.

Colour of Osborne's Tie: 8/11 Blue; 7/2 Purple; 5/1 Green; 7/1 Grey; 12/1 Pink; 25/1 Yellow. Others on request.