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Craig Porter 2nd Mar 2010 - 13:06

Labour charge shortens odds again

Labour are now the shortest odds they have been since April, 2009, after William Hill cut them from 10/1 to 8/1 to emerge from the General Election with an overall majority, thus retaining power without having to become part of a Hung Parliament.

"The current political punters' plunge on a shock Labour victory shows no signs of abating and has now virtually halved their odds within a month. Every new opinion poll sparks a further batch of bets," said William Hill's spokesman Graham Sharpe.

The Conservatives are 4/7 favourites with Hills to take a clear overall majority, with a Hung Parliament quoted at 13/8.


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