General Election Latest Betting: Odds-on that country goes to the polls in December

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Latest Parliamentary moves have made a December election a better than 50/50 chance on the Exchange...

"It's now [1.9] on the Betfair Exchange that there will be a General Election in December after parliament voted against Boris Johnson's proposed timetable for passing the Withdrawal Agreement Bill. Prior to that move by the house a 2020 election was odds-on."

Following yet another stalemate in the Commons last night, it now looks like we will be headed to the polls before anything happens Brexit-wise.

It's now [1.9] on the Betfair Exchange that there will be a General Election in December after parliament voted against Boris Johnson's proposed timetable for passing the Withdrawal Agreement Bill. Prior to that move by the house a 2020 election was odds-on.

If the country does vote again then it could be good news for Boris Johnson, with a Tory overall majority trading at [2.14] with Labour out to [20.0] - almost the biggest odds we have seen for them in the last two years. No overall majority, however, does remain the slight favourite at [2.04].

It looks nigh-on impossible that the Brexit deadline of October 31 will be met - those odds moving from around [3.0] yesterday to [21.0] today - while a No Deal Brexit this year is now out to odds of [21.0].

At this stage it looks like an Election is coming to town in time for Christmas, which means it could be a New Year's Brexit celebration for leavers if the Tories can keep their projected majority intact.

Joe Dyer,

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