Betting on politics: Local council elections

This week, Matthew Partridge looks at Ladbrokes’ markets on next month’s local council elections.

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Jeremy Corbyn: easy gains?
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This week we're going to take another look at Ladbrokes' markets on next month's local council elections. As you may remember a few weeks ago (issue 887), I tipped the Conservatives to retain control of Westminster council. They have held since it was created in 1964, and currently control three-quarters of the seats. While the odds that Ladbrokes are offering have narrowed slightly from 4/7 (63.6%), you can still get 2/5 (71.4%), so if you haven't bet on it yet, it is still worth doing so.

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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