Rishi Sunak now 11/4 favourite to be next Tory leader

Rishi Sunak has seen his odds of becoming the next Conservative leader cut again by our traders.

The Chancellor has been a popular bet since delivering his first budget, and it’s now just 11/4 Sunak is named as Boris Johnson’s successor.

Jessica O’Reilly of Ladbrokes said: “Sunak’s all the rage with political punters who have backed him at all prices down into clear favouritism.”

Michael Gove is second in the betting at 12/1, ahead of Dominic Raab, James Cleverly and Sajid Javid, all at 16/1.

Ladbrokes Latest Betting:

Next permanent leader of the Conservatives

Rishi Sunak – 11/4

Michael Gove – 12/1

Dominic Raab – 16/1

James Cleverly – 16/1

Sajid Javid – 16/1

20/1 bar

View the latest sports odds

All odds and markets correct as of date of publication.