Betting on politics: the European elections

With the European elections coming up, Matthew Partridge weighs the odds to see which party is the favourite to grab the most seats – providing they go ahead in Britain.

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Nigel Farage: on the march
(Image credit: 2019 Getty Images)

As expected, Labour won the Newport West by-election, so my tip that you should back Labour to win paid off. The bad news was that it got only 39.3% of the vote, which meant that my tip on Labour getting into the 40s narrowly failed. The next major political event is the upcoming European elections. While they could still be cancelled if an exit deal is passed by parliament, Ladbrokes has stated that it will cancel any bets and return all money to punters in that scenario.

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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