Prime Minister Liz Truss is odds-on at Betfred to go this year
She has been backed in to 4/7 to cease being Tory party leader in 2022, following the new Government’s disastrous mini-budget.
It sparked turmoil on world markets – and then she u-turned on two major initiatives, as well as the bombshell sacking of her chancellor Kwasi Kwarteng.
He flew home early from a meeting of the International Monetary Fund in the US, to be dismissed by his long term political ally.
Kwarteng was replaced by former Foreign Secretary and ex-Health Secretary Jeremy Hunt as Chancellor, during an extraordinary day of political intrigue.
Truss herself addressed the nation, where she u-turned on corporation tax, which will stay the same as planned by the previous administration.
It was seen as underwhelming by most pundits, although she did say defiantly that the “mission remains the same”.
In other Betfred markets her big rival Rishi Sunak is now the 7/4 favourite to be the next Tory leader with Hunt priced at 8/1.