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Theresa May has 80 per cent chance of winning the confidence vote, say bookmakers

It may be a terrible day for Theresa May, but the signs so far seem to suggest that she’s at least going to win her upcoming no confidence vote.

Four of the bookmakers: Ladbrokes, Paddypower, Betway and Betfair now suggest that the Prime Minister has an 80 per cent chance of convincing her MPs to continue backing her premiership.

 

Interestingly, Paddypower only gave the Prime Minister a 50 per cent chance of survival at the beginning of the day, but has since improved her odds in line with the other bookies.

Were they convinced by the numerous ministers and MPs who have declared they will support the Prime Minister? If so, Mr S should remind them: the next round is a secret ballot, and MPs may not vote in line with their public proclamations…

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Steerpike
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Steerpike

Steerpike is The Spectator's gossip columnist, serving up the latest tittle tattle from Westminster and beyond. Email tips to steerpike@spectator.co.uk or message @MrSteerpike

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