Is Ed Miliband on the way out?

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labliv

Ladbrokes cut the odds of Ed Miliband being replaced as Labour leader before the election from 7/1 to 6/1 today after a round of media speculation that some in the party want him out.

If an emergency replacement is needed, pundits focused on two possibles; Andy Burnham and Alan Johnson. We shortened both of them up in the betting to be next Labour leader.

nextlab

Burnham has gone from a 25/1 shot in June to today’s 4/1 odds. There is every chance he will be favourite quite soon, as nobody seems very interested in backing Yvette Cooper any more

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Matthew Shaddick

Matthew Shaddick has been Head of Poliical Betting at Ladbrokes since 2008. He's a writer and odds-maker with particular expertise in UK and US elections. Also known to dabble in music, literary and other out of the way betting markets. Sometimes issues tips on horse racing and football, which are best ignored.