UK Politics: To become Tory leader, George Osborne must defy betting history

Few regarded Margaret Thatcher to be a future PM in 1975
Few regarded Margaret Thatcher to be a future PM in 1975

The eyes of the political world are on George Osborne's speech to the Tory conference today, in expectation of an address that cements the Chancellor's status as the favourite to succeed David Cameron. However as Paul Krishnamurty explains, the early favourite tag has proved an impossible burden to carry in the past...

"Since the advent of political betting during the early 1960s, no early favourite went on to win any of the seven Tory leadership contests."

Paul Krishnamurty

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