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Crisis Is Good News For Gordon BrownNews and Articles

30 September 2008

Crisis Is Good News For Gordon Brown

The odds about Gordon Brown leading the Labour Party into the next General Election have shortened from 4/7 to 1/2 with William Hill, who believe that the financial crisis has boosted the Prime Minister's chances of surviving the threats to his leadership.

"The polls indicating that Gordon Brown is having a good crisis are the first glimmers of light since he came under pressure for botching the 'General Election that never was' and have resulted in some punters at last being prepared to bet that he will be able to survive long enough to lead the Party into the next Election." said William Hill's spokesman Graham Sharpe.

His next major stumbling block could be the forthcoming Glenrothes by-election, for which William Hill have shortened Labour's odds from 3/1 to 11/4, although the SNP remain red hot favourites at 1/4.

The odds about Brown departing office before the end of the year have lengthened from 3/1 to 4/1.

William Hill have shortened Labour from 3/1 to 11/4 to win the next General Election, with the Tories lengthened from 2/9 to 1/4.

"This is the first time we have shortened Labour's odds this year." said William Hill's spokesman. "But they still remain distinct outsiders."

Over in the US, Barack Obama has been cut from 2/5 to 4/11 favourite to win the US Presidential Election with William Hill who have lengthened John McCain from 7/4 to 2/1.

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