Next Prime Minister Odds: Who are the favourites after Liz Truss resigns ?

LIZ TRUSS has resigned after 45 days and the Conservative party have pledged to elect a new leader by Friday October 28 – but the big question is who will it be?

Ms Truss said her successor would be elected by next week after a rebellion by Tory MPs forced her to quit and the odds on who it will be have been fluctuating constantly since the announcement.

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Former PM Boris Johnson is rumoured to preparing to stand in the Tory leadership contest and his odds have been slashed from 20/1 to 3/1 off the back of the news.

Rishi Sunak was the bookmaker’s favourite to become the next PM yesterday yesterday when he was priced at 11/8 with 888Sport.

Next Prime Minister odds

Odds correct at the time of publication and are subject to change.

Rishi Sunak

Sunak lost out to Truss in September’s leadership race as his 60,399 votes from Conservative party members proved almost 21,000 less than that of his rival. Sunak warned Truss that her policy of tax cuts appeared unsustainable and so it has proved.

The Winchester College educated Tory has an estimated personal wealth of £200m and now looks set to take charge of the country, with his odds now as short as even money.

Back Rishi Sunak for next PM @ 1/1 with 888Sport

Penny Mordaunt

Penny Mordaunt backed Truss six weeks ago after she was eliminated from the leadership race but she could be an interesting outside chance this time around. She delivered a masterful performance in the house of commons this week as Truss hid from view and her stock has risen as a result.

There has not been a coup, she told one Labour MP. She is not “hiding under a desk”, she told another. Then where is she? Taking care of some “very serious matters”, Ms Mordaunt insisted. Perhaps Mordaunt is now ready to step up to take the big job.

Back Penny Mordaunt for next PM @ 11/5 with 888Sport

What *that* @RedfieldWilton poll could look like in a General Election:

LAB: 515 (+313)
LDM: 47 (+36)
SNP: 42 (-6)
CON: 22 (-343)
PLC: 4 (=)
GRN: 1 (=)

Labour Majority of 380.
Changes w/ GE2019. pic.twitter.com/zVC2IqxMAd

— Election Maps UK (@ElectionMapsUK) October 17, 2022

Boris Johnson

News that Boris Johnson is preparing to stand in the leadership race has sparked outrage and surprise in equal measure. He resigned as PM just three months ago after repeated scandals over Lockdown parties during Covid 19 times, but could his charisma lead him to a return to 10 Downing Street regardless?

A YouGov poll of Tory members found 55% would for Sunak, who lost out to Ms Truss, if they were able to vote again, and a majority (63%) think former PM Boris Johnson would be a good replacement, with 32% putting him as their top candidate, followed by Mr Sunak at 23%. That could be telling when the result is revealed next Friday.

Back Boris Johnson for next PM @ 9/2 with 888Sport

Ben Wallace

Defence secretary Ben Wallace had ruled himself out as candidate for next Tory leader but seemed to have had change of heart at the Conservative party conference. He was a surprise absentee from the leadership race in July but Wallace is now being touted as a replacement for Liz Truss.

The 52-year-old, a staunch remainer who is a favourite among many Tory members, ruled himself out of this summer’s contest on personal grounds. But when asked at the Conservative party conference this month if he would consider running for leader, he said: “I don’t rule it out.”

Back Ben Wallace for next PM @ 6/1 with 888Sport