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Craig Porter 9th Dec 2008 - 17:45

Brown odds-on to lead Labour... to defeat

Gordon Brown is now odds-on in the betting to be the Labour Party leader for the next General Election but the odds also say his party are heading for defeat.

With opinion polls suggesting that Gordon Brown is the political leader who can be most trusted to deal with a recession, William Hill make the Labour leader 1/6 to lead his Party into the next General Election - and 7/2 not to.

But Labour are 2/1 outsiders to emerge as the largest Party at the next Election, with the Conservatives 4/11 favourites and the Lib Dems 100/1 outsiders.

"It appears that punters are backing Gordon Brown as an individual, but don't believe his Party can win the next Election," said William Hill spokesman Graham Sharpe.

Hills offer 8/13 that the Tories will win the next General Election with an overall majority, 5/1 that Labour will do so, and 2/1 that neither of them gains an overall majority.

Hills offer 4/7 that the next General Election will take place in 2010; 2/1 between January and June 2009; 6/1 between July and December 2009.

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