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Next Conservative Leader Odds: Penny Mordaunt Leads the Way

Next Conservative Leader Odds: Penny Mordaunt Leads the Way

Conservatives

After surviving a strong opposition push for a vote of no confidence last month, Boris Johnson’s tenure as leader of the Conservative has come to an end after two senior members of the cabinet resigned along with over 45 other Conservative members.

Chancellor Rishi Sunak and Health Secretary Sanjid Javid both sent letters of resignation to Boris Johnson, citing a clear juxtaposition in the ideas of leadership moving forwards. The Conservatives were rocked by further members leaving their post’s as resignations have now reached 50 members.

It left the Prime Minister with very little choice other than to resign as Conservative leader – this huge push from within the party to see the leadership change hands was successful, although he will remain as PM until the Autumn.

Next Conservative Leader Odds

According to the latest odds, it would seem Minister of State for Trade Policy Penny Morduant is heavily fancied by bookmakers. She was a strong supporter of Jeremy Hunt, who is currently priced at 80/1, during the 2019 leadership election which ultimately saw her leave the cabinet. She has long been critical of this current government and seemingly would have the support of the ever-growing rebellion within the party.

Now-former Chancellor Rishi Sunak is also among the favourites. Always primed to be the natural heir to the Conservative leadership, Sunak has been at the helm of some of the boldest economic policies in British politics during the course of the pandemic, and his Thatcherite measures in order to help the public through the cost of living crisis has earned his a wealth of supporters within the party.

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