Jowell Says She’s Considering Bid to Be London Mayor

Former Olympics Minister Tessa Jowell said she’s considering a bid to be the opposition Labour Party’s candidate for the 2016 London mayoral election, in her strongest signal yet that she’s interested in the job.

“I’m thinking very hard about going for it,” Jowell said in a Bloomberg Television interview with Betty Liu in New York today. “I’m preparing my plan.”

Labour has yet to choose its candidate for the election, which the Conservative incumbent, Boris Johnson, has indicated he won’t contest after serving two terms. Johnson, the favorite with bookmakers to succeed Prime Minister David Cameron as Tory party leader, is seeking to return to the House of Commons in the May 2015 general election, running for the Uxbridge seat in northwest London.

Jowell said in August, after Johnson announced his intention to seek a seat in Parliament, that it was too early to talk about running for the mayorship.

“There will be much speculation about candidates; Labour, Tory and other parties,” she said then in a statement on her website. “I will certainly be taking this time to prepare my potential offer to Londoners, but this is not a time for formal decision or declaration.”

Bookmaker Paddy Power Plc ranks Jowell as the favorite to win the next mayoral election at 5/2, meaning a successful 2-pound ($3.20) bet would win 5 pounds plus the return of the stake.

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