Betting on politics: the next Tory leader

There has been some movement at Betfair on who will be the next Conservative leader, says Matthew Partridge.

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Who will be next to sit in the prime minister's seat?
(Image credit: 2017 Getty Images)

It's been an eventful week, with the first indictments in the investigation into the Trump team's alleged Russian connections, and the sex scandal in Westminster. So how are these events affecting betting markets? As far as Trump is concerned, there's been little change. The odds on him leaving before the end of his term have tightened slightly to 1.96 (51%), but they remain within the 45%-55% range seen for most of his presidency.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri