I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Kwasi Kwarteng is the 4/9 favourite to be the next Chancellor of the Exchequer
- Nadhim Zahawi is the current Chancellor of the Exchequer
Kwasi Kwarteng is the 4/9 favourite to be the next Chancellor of the Exchequer
Kwasi Kwarteng is the bookmaker's favourite to be the next Chancellor of the Exchequer with the next Prime Minister likely having another cabinet shake up.
Kwarteng is the current Secretary of State for Business, Energy and Industrial Strategy of United Kingdom and is 4/9 to be the Chancellor next.
Smarkets have the betting odds up for next Chancellor of the Exchequer with the position held by PM nominee Rishi Sunak then Nadhim Zahawi.
| Next Chancellor of the Exchequer | Odds | Probability |
|---|---|---|
| Kwasi Kwarteng
|
4/9 | 69.2% |
| Simon Clarke | 6/1 | 14.3% |
| Thérèse Coffey
|
8/1 | 11.1% |
| Penny Mordaunt
|
14/1 | 6.7% |
Key supporters of Truss or Sunak, whoever wins the leadership race, are likely to be rewarded with a place in Government.
Kwarteng has long been an opposer of Sunak while he was in the Chancellor role.
Nadhim Zahawi is the current Chancellor of the Exchequer
Nadhim Zahawi remains the current Chancellor of the Exchequer after taking over from Rishi Sunak back at the start of July.
Sunak obviously stepped down from the role after deciding to run for Prime Minister.
Liz Truss is the 1/14 favourite to be the Next Conservative Party leader.
