Next Labour Leader betting odds

Following the poor results for Labour in the recent General Election which saw Labour win fewer seats than the Conservatives and then fail to make a workable coalition with Nick Clegg’s Liberal Democrat, Gordon Brown has resigned as leader of the Labour Party and looked genuinely happy for the first time in years. His successor will be announced at the Labour Party conference on the 25th September; in the meantime Harriet Harman will be the acting leader of the party.

So far only two candidates have officially announced their intention to run for leader and surprising it is the brother Miliband, elder brother David was the former foreign secretary and his younger sibling Ed was the former energy secretary and one of Gordon Browns inner circle. Hot on their heel is expected to be the former schools secretary Ed Balls who was Browns closet ally put who also was reported to be the reason that the Labour/Liberal coalition did not take off.

Labour leadership contest odds

• 4/7 – David Miliband
• 11/4 – Ed Miliband
• 8/1 – Ed Balls
• 14/1 – Andy Burnham
• 20/1 – Harriet Harman
• 100/1 – Liam Byrne
• 150/1 – John McDonnell

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