Politics By Graham Sharpe
HILARY BENN is being well backed to succeed Jeremy Corbyn as Labour leader with bookmakers William Hill, who have cut his odds from 10/1 to 7/1 second favourite, while Corbyn has been slashed from 11/1 to 5/1 to stand down before the end of 2015.
Meanwhile, Labour's chances of retaining the Oldham West/Royton seat at this week's by-election have receded according to political punters who have caused William Hill to lengthen Labour's odds from 1/12 (stake £12 to win £1) to 4/11 (stake £11 to win £4), by placing a flood of bets on Ukip to win, causing their odds to be slashed from 6/1 (stake £1 to win £6) to 2/1 (stake £1 to win £2).
WHEN WILL CORBYN STAND DOWN AS LEADER?....2015- 5/1; 2016- 5/4; 2017- 5/1; 2018- 10/1; 2019- 12/1; 2020- 7/1; 2021 OR LATER- 6/1
WHO WILL SUCCEED CORBYN AS NEXT ELECTED LEADER?....10/3 Jarvis; 7/1 Benn; 8/1 Watson; 9/1 Nandy; 12/1 Umunna; 12/1 D Miliband. Others on request.
OLDHAM WEST/ROYTON BY ELECTION....4/11 LAB (were 1/12); 2/1 UKIP (were 6/1); 100/1 CONS; 200/1 GREENS/LIB DEMS.
LABOUR SHARE OF VOTE?...Under 50%- 2/9. Over 50%- 3/1.
