Boris Johnson exit date odds: PM 1-33 to go in 2022 after Sunak and Javid exits
Sunak 5-1 to replace Boris Johnson as Tory leader
Political betting tips, latest prices and analysis following the resignations of Rishi Sunak and Sajid Javid on Tuesday.
Prime minister Boris Johnson is 1-33 to leave his post this year after a raft of resignations on Wednesday, following on from the high-profile departures of chancellor Rishi Sunak and health secretary Sajid Javid on Tuesday evening.
Children's minister Will Quince, Robin Walker, a junior minister for schools standards and treasury minister John Glen are amongst the most significant departures, taking the tally of government resignations over the past two days to 13.
The prime minister, who moved swiftly to name Nadhim Zahawi as Sunak's successor as chancellor, is 14-1 to stay in his job until at least 2024 but as short as 1-50 to step down before the end of 2022.
Health secretary Javid said he had "lost confidence" in the prime minister while Sunak said in his resignation letter that the public "expected government to be conducted properly, competently and seriously" and that he was quitting the cabinet because he believed "those standards were worth fighting for".
Both resignations came minutes after Johnson had apologised for giving former deputy chief whip Chris Pincher a government role.
Johnson admitted he had been aware of a misconduct complaint made against Pincher in 2019 but had made a "bad mistake" for not acting on it.
Pincher was suspended as a Tory MP last week after further allegations of misconduct were made against him, a day after he tendered his own resignation to the prime minister.
The exits of two key members of his cabinet put further pressure on Johnson, who narrowly survived a Conservative Party confidence vote only one month ago.
Sunak and trade minister Penny Mordaunt are 5-1 joint-favourites to replace Johnson as Tory leader with foreign secretary Liz Truss and defence secretary Ben Wallace both 8-1. The newly-installed chancellor Zahawi is a 10-1 chance and Javid is 11-1.
The Conservatives are 1-4 with Hills to lose their House of Commons majority at the next general election, which is scheduled to be held no later than January 24, 2025. They are 5-6 to win the most seats at the next election while Labour are 11-10.
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