Liam Fox is the rank outsider to be named as the next leader of the World Trade Organisation, so say our traders.
With the UK set to nominate Fox as a candidate, we’ve installed him as a 33/1 shot in the betting to replace Roberto Azevedo as director-general.
That puts the former Secretary of State for International Trade some way down the list of potential front-runners, which is headed by Kenya’s Amina Mohamed at 6/4.
Nigerian candidate Ngozi Okonjo-Iweala comes next at 3/1 before Abdel-Hamid Mamdouh of Egypt at 6/1.
Jessica O’Reilly of Ladbrokes said: “As far as the odds are concerned it’s not looking good for Liam Fox and the UK.”
Ladbrokes Latest Betting:
Next WTO Director-General
Amina Mohamed (Kenya) – 6/4
Ngozi Okonjo-Iweala (Nigeria) – 3/1
Abdel-Hamid Mamdouh (Egypt) – 6/1
Yoo Myung-hee (S.Korea) – 6/1
Jesus Seade (Mexico) – 8/1
Tudor Ulianovschi (Moldova) – 16/1
Liam Fox (UK) – 33/1
All odds and markets correct as of date of publication