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Clive Lewis poised as punters back Corbyn for early exit
Yesterday, anticipating Clive Lewis’ resignation from Labour’s Shadow Cabinet, I advised a new bet on the Norwich South MP at 8/1, following on from much earlier advice at 25/1. Today’s article discusses his prospects and the wider Labour crisis. New bet in light of looming Labour drama: Backed Clive Lewis 20 units @ 8-1…
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Where are the Labour heavyweights?
When Labour last had a leadership contest, I successfully predicted Jeremy Corbyn at 24-1 for various reasons. One particularly stood out. The three ‘establishment’ candidates were terrible. In the weeks leading up to Corbyn’s surprise entry, online campaigns were launched to find a better candidate – Lisa Nandy and Keir Starmer for example. Neither took…
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Portfolio updates for Brexit, Tory & Labour markets
At the end of a week which, I’m sure we can all agree was like no other any Brit can remember, let’s settle up and review our various positions and the situation moving forward. First, the good news. Brexit worked out very well. The published portfolio yielded 76 units profit and after two in-play cover…
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Who would replace Jeremy Corbyn?
As the Brexit fallout continues to reverberate through British politics, the Labour Party stands on the brink of a destructive, potentially life-threatening civil war. On the latest count, 21 Shadow Cabinet members have resigned and a vote of no confidence in Jeremy Corbyn seems certain to trigger a leadership contest. This morning, the Labour leader…
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The big election losers? Corbyn’s Labour enemies
Amidst a predictably middling set of UK election results, only one faction emerged as clear losers – the substantial number of MPs, journalists and prominent Labour supporters who are implacably opposed to Jeremy Corbyn. Corbyn is not going anywhere in the short-term. These results were as good as could have been expected, one year after…
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Markets turn against Jeremy Corbyn as Labour’s crisis deepens
Defeat in this week’s by-election could prove a tipping point for controversial leader After another terrible week for Labour, Betfair markets are turning fast against the party and their new leader Jeremy Corbyn. Corbyn is now rated only 17% likely to lead Labour into the 2020 General Election, at odds of 6.2. On the Betfair Sportsbook,…