Labour have indulged in plenty of soul searching since their crushing General Election defeat. But while the party’s top brass muddle through their appointment of a new leader political punters have been far more proactive in making their voice heard.
Ladbrokes are reporting a flurry of bets being taken on Shadow Business Secretary Chuka Umunna with the 36-year-old’s popularity continuing to soar.
Umunna was a 6/1 shot for the leadership before Labour’s calamitous showing at the polls but now finds himself as short as 11/8.
Meanwhile, the battle for the Liberal Democrats top post appears to be done and dusted. Ambitious Westmorland and Lonsdale MP Tim Farron is the hot favourite at 1/5 with Norman Lamb (7/2) and Alistair Carmichael (14/1) next best in the betting.