Boris Johnson Odds: Who Are the Front-Runners to Replace UK PM?

  • Sunak and Mordaunt favorites to succeed Johnson as Tory leader
  • Majority of UK gambling firms expect PM’s reign to end in 2022
UK's Johnson Clings On: What Happens Next?
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As Boris Johnson clings to power in the wake of a flurry of cabinet resignations, betting firms are readying themselves for the likely race to succeed the scandal-ridden prime minister.

British newspaper front pagesBloomberg Terminal on Wednesday described Johnson’s reign as “on the brink” and “hanging by a thread.” Online betting markets suggest the prime minister will be replaced in 2022, with Paddy Power Plc only paying out £1 ($1.20) for every £10 placed on Johnson’s departure before the end of the year.