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Next General Election odds suggest Labour will wait until 2024

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With the news of Rishi Sunak being announced as the new prime minster of the United Kingdom, many have posed the question of when will be the next general election?

This would have been inevitable after Downing Street witnessed one of the shortest reigns in history via Liz Truss’s departure last week.

The Conservative Party have slowly seen many backbenchers express their disarray in the party, with a few even calling for a general election against their own.

The original departure came from budget issues, where Sunak, the youngest Prime Minister in modern history of the country explains his determination to put things right as he relates to the last manifesto put across to allow Conservative to come into power.

He said:

“I served as your Chancellor, helping to steer our economy through the toughest of times.
“The challenges we face now are even greater. But the opportunities – if we make the right choice – are phenomenal.
“I have the track record of delivery, a clear plan to fix the biggest problems we face and I will deliver on the promise of the 2019 manifesto.”

Despite this, Sir Keir Starmer continuously heaps pressure on Conservative to push through that next General Election where the bookmakers look to have a major say of when the next one might occur.

Most bookies are heading towards 20/1 for an unlikely election before the close of December where other parties may have called for one before the end of the year.

The most likely year appears to be 2024 or 2024 or later where odds of 2/9 can be found – looking to secure Sunak’s reign for a potential guarantee of two years before the polls are opened.

Markets have therefore also opened for the next Prime Minister after the General Election odds with Starmer leading the line, closely followed by the new Conservative leader with odds of around 4/11 and 13/8 respectively.

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