Mayday: Third Meaningful Vote odds-on not to pass after speech
Published:
Theresa May’s Brexit speech doesn’t look to have had the desired effect for the embattled Prime Minister, with our traders going 2/5 about a third meaningful vote failing.
The PM appeared to try and bring the country together during her speech on Wednesday. Instead it only served to put her even further at odds with disgruntled MPs.
Should a third meaningful vote take place, it’s now 7/4 for the deal to be approved, out from 10/11 earlier in the week.
If a deal isn’t approved, then Britain could be veering towards a No Deal Brexit by April 1st 2019, which is currently available at 5/2.
Meanwhile, the odds have also been slashed into 5/4 that a General Election takes place this year, with May 2019 the favoured month at 5/2.
Jessica Bridge of Ladbrokes said: “If the odds are to be believed, May’s speech doesn’t seem to have done the trick.”
Ladbrokes Latest Betting:
Meaningful Vote Three
Deal Passed – 7/4
Deal NOT Passed – 2/5
General Election
General Election to take place in 2019 – 5/4
Month of next General Election
May 2019 – 5/2
June 2019 – 6/1
July – 33/1
August – 100/1
September – 33/1
October – 16/1
November – 50/1
December – 100/1
Not before 2020 – 8/15
All Odds and Markets correct as of date of publication
