Nigel Farage’s odds of becoming the next Prime Minister are becoming more likely in the betting markets, with William Hill offering Farage a 27% chance of becoming PM, up from 20% just a week ago. Unsurprising when Farage is the UK’s most popular politician, with a solid 28% favourability among the public compared to Starmer’s measly 23%…
Tory leader Kemi Badenoch’s odds to be the next Prime Minister are 2/1 – an implied probability of only 33%. Meanwhile, the bookies think there’s a 25% likelihood of Starmer leaving office in 2025, and a 39% chance he won’t remain Prime Minister after 2029. A remarkable price for a PM who won a 170 seat majority just five months ago…
Farage is setting his sights on the next election, saying “We’re coming for Labour..this is step one, with our real ambition set on 2029.” Zia Yusuf notes that just over 6 months ago the bookies priced a 30% probability Farage would win his race in Clacton. In UK politics it’s only impossible until it happens…
Speaking at the Confederation of British Industry conference, CBI boss Rain Newton-Smith warned Reeves:
“This Budget is about credibility and about trust. You will never be able to tax your way to growth. Growth, not taxes, is the only way out of decline, and that starts with business.”