Next Conservative Leader Betting: For once, we can trust the favourites

Theresa May has a massive lead among MPs
Theresa May has a massive lead among MPs

Ahead of today's first ballot in the Tory Leadership race, Paul Krishnamurty weighs up the markets, arguing that unlike last week or previous contests, the signals are correct...

"It is important to recognise another key difference with the last three Tory contests. When choosing Cameron, Iain Duncan Smith or William Hague, the party was picking an opposition leader...This time, the new Tory leader must be ready on day one to be PM."

Paul Krishnamurty

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