-
How to cash in on the Brexit betting bonanza
If Betfair markets are any indication of how likely the U.K. is of leaving the European Union on time, then that prospect looks to be fading fast. This follows a truly remarkable couple of days in in parliament which now leaves the U.K in a state scratching their head on when Brexit will actually happen. What…
-
A March Brexit is becoming less likely by the day
*This piece was first published last Friday, so I’ve updated the odds about an on-time Brexit, which have lengthened further since. The chance of the UK leaving the EU on time, if at all, is falling fast if Betfair markets are a guide. Following a truly remarkable few days in parliament, it is now rated…
-
Brexit Chaos: What happens next?
If nothing else, the last two torturous years should have been an educational experience with regards how politics within the EU and between member states works. One lesson for citizens of all countries should be to take anything their politicians or media say with a huge pinch of salt, for they are evidently more concerned…
-
Parliamentary defeat could be Theresa May’s last stand
Crunch time, it seems, is finally here. After over two years of speculation – not to mention several hours during the Cabinet meeting – Theresa May released her proposed withdrawal agreement to the media last night. As the details are digested over the coming hours, the world awaits to see what happens next – regarding…
-
Are Theresa May’s Brexit machinations about to finally unravel?
So much for the old idea that betting markets were fundamentally sensitive to media reports. Despite several days of febrile speculation and almost universal agreement that the crunch time for Theresa May’s Brexit plans and therefore leadership has arrived, Betfair markets related to her exit date remain virtually unmoved. Markets backing May to survive ahead…
-
Brexit Betting: Don’t overstate Labour’s ability or motive to stop Brexit
Brexit remains – no pun intended – the most unpredictable political process in living memory. Since I last wrote about it, all the main points have come to fruition. Chequers was exposed as a charade. Theresa May has alienated even more Tories by pursuing a widely unpopular deal. A ‘Peoples Vote’ has gained some momentum,…
-
Will there be a new centrist party?
Ian Paisley of the DUP could become the first MP to lose his seat under the Recall Act, after being suspended from the House of Commons for failing to declare family holidays paid for by the Sri Lankan government. Under this relatively new law, if 10% of eligible voters in the constituency sign a petition,…
-
Brexit betting: Looming deadlock will hand momentum to a Peoples Vote
Over the last few extraordinary weeks, the chances about the following have risen. A ‘hard’, no deal Brexit. An extension of Article 50 beyond next March. A new Tory leader and PM. A constitutional crisis, resulting in a ‘Peoples Vote’ or another general election. Another Scottish independence referendum. Even a realignment of the UK party…
-
Will there be a snap election in 2018 and what happens if there is?
Inevitably, the speculation has begun. With Theresa May’s Brexit plan going nowhere as she struggles to square circles between Cabinet, Parliament and country, The Sunday Times reports that Tory MPs are gearing up for a election this autumn. The odds about 2018 have halved in our Year of Next Election market but, at odds of…
-
UK Local Elections Betting Preview
It is more or less standard for governments to struggle in mid-term, as angry voters become motivated to register a protest. That particularly applies once they’ve been elected three times and are in the midst of multiple crises. Against a backdrop of the Windrush scandal, Amber Rudd’s resignation and Cabinet and parliamentary division over Brexit,…