After beating Rishi Sunak Liz Truss has been confirmed as Boris Johnson’s successor on Monday, she is 4/1 to leave her role as Tory leader next year, according to Betfair Exchange.
The former Foreign Secretary is 33/1 to go before the end of the year and odds-on to depart by 2024 or later, meanwhile, Johnson is 33/1 to serve in Truss’ cabinet, while Sunak is 100/1.
It is 4/1 for a General Election to take place next year as Labour have shorter odds (14/5) than the Tories (3/1) to win a majority.
Betfair Exchange: Year for Liz Truss to leave role as Tory leader
2022: 33/1
2023: 4/1
2024 or later: 1/7
Betfair Exchange: To serve in Liz Truss’ cabinet
Boris Johnson: 33/1
Rishi Sunak: 100/1
Betfair Exchange: Overall majority at next General Election
No overall majority: Evens
Labour majority: 14/5
Conservative majority: 3/1
Betfair Exchange: Year of next General Election
2022: 16/1
2023: 4/1 (was 5/1 last week)
2024 or later: 1/3
Betfair spokesperson Sam Rosbottom said, “After being confirmed as the new Tory leader on Monday, Liz Truss is 4/1 to leave her role by the end of next year, while she is odds-on to go by 2024 or later.
“A General Election is 4/1 to take place next year as Labour are 14/5 to win a majority, while the Conservatives have slightly longer odds of 3/1 to stay in power. Truss succeeds Boris Johnson, who is 33/1 to serve in her cabinet.”