Just weeks after Boris Johnson took over as Prime Minister, bookies have slashed the odds that the UK will have a general election this year.
As of 12 August, Coral makes it 4-11 odds that there will be a general election in 2019, making it the clear favourite for the next year that the UK will go to the polls.
Coral spokesperson Harry Aitkenhead said: “This is the shortest odds we have had for a General Election to take place this year and it now seems as though November is beginning to look nailed on to be the time we head to the polls once again.”
Odds are 3-1 that the next general election will be in 2020, or 16-1 that it will be in 2022 or later.
Odds are 4-7 that the Conservative Party will win the most seats at the next general election, or 5-2 for Labour .
It’s 10-1 that the Lib Dems will win the most seats, 12-1 for the Brexit Party , or 250-1 for the Green Party.
Boris Johnson, who currently has a working majority of just one, has ruled out calling a general election before the UK leaves the EU on 31 October.
Under the Fixed-Term Parliaments Act, the next UK general election is currently scheduled to be held on 5 May 2022 – five years after the snap election of 2017.
If MPs opposed to a no-deal Brexit table a motion of no confidence in Johnson’s government, this could trigger an early general election.
Odds are currently 2-1 that the Conservative Party would win an overall majority at the next general election.