Going, going, when will Cameron be gone?
William Hill have cut their odds for David Cameron to resign as PM during 2016 from 16/1 when he won the last General Election, to 2/1.
'He has already confirmed that he will stand down before the next General Election and if the current year continues to go as badly as it has done in the last week for him then the political punters betting he'll be gone by the end of the year will be cashing in' said Hill's spokesman Graham Sharpe.
And now, for the first time, Cameron is favourite to stand down as Tory Leader before Jeremy Corbyn does so as Labour leader. William Hill have cut their odds from 11/10 to 4/5 (stake 5 for profit of four)for Cameron to go first, and make Corbyn Evens (stake 1 for profit of 1) from 4/6.
William Hill have also lengthened their odds for the Tories to win the next General Election with an overall majority from Evens to 11/10 – the longest price they have been since coming to power.
William Hill: When will David Cameron stand down as PM? 2/1 2016; 6/1 2017; 8/1 2018; 9/4 2019; 9/4 2020; 20/1 2021 OR LATER
Who will cease to be Party leader first? 4/5 Cameron; Evens Corbyn
Next Tory Leader: 7/4 Boris Johnson; 4/1 George Osborne; 7/1 Michael Gove; 8/1 Sajid Javid; 8/1 Theresa May; 11/1 Priti Patel; 12/1 Stephen Crabb. Others on request.
Next General Election: 1/3 Cons most seats; 11/10 Cons overall majority; 11/8 Hung Parliament; 5/2 Labour most seats; 4/1 Lab overall majority.
EU Referendum: 2/5 Remain; 15/8 Brexit