Theresa May’s odds cut to evens to step down as PM in 2017

Leading bookmaker Coral has slashed the odds on Theresa May stepping down as leader of the Conservative Party, and as a result leaving Downing Street, by the end of 2017 into evens (from 4-1) following the result the General Election. May is odds-on at 1-3 to be Prime Minister on July 1st, however, Boris Johnson’s odds have been cut into 7-1 (from 100-1) in the last couple of weeks to take over, while Amber Rudd is 18-1 to fill her shoes.

Coral is offering 11-10 that there is a second General Election in 2017. Jeremy Corbyn is 4-1 to be Prime Minister under a minority Labour government and the firm has seen a flurry of bets this morning for Nigel Farage to return as leader of UKIP where he is now odds-on at 1-2.

“The General Election has left us with more questions than answers, however, what is clear, according to the betting, is that Theresa May is now fighting to keep her job as her odds have been slashed to just even money to remain in charge of her party and the country at the end of the year,” said Coral’s John Hill.

“Boris Johnson was as big as 100-1 to be Prime Minister on the 1st July only a few weeks ago but he is now just single figures in the betting following a flurry of bets for the former Mayor of London,” added Hill.

“The betting also indicates that a second General Election this year is the most likely result of this hung parliament,” concluded Hill.

**Who will be Prime minister on 1st July?
1-3 Theresa May, 4-1 Jeremy Corbyn, 7-1 Boris Johnson, 10-1 David Davis, 18-1 Amber Rudd, 25-1 Philip Hammond

**Year of the next General Election
11-10 2017, 3-1 2019, 9-2 2018, 16-1 2020,

**Theresa May to leader of the Conservative Party at the end of 2017
8-11 Yes, Evs No

**Nigel Farage to return as leader of UKIP by the end of 2017
1-2

ENDS