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Rupert Wyman 21st May 2009 - 14:37

Moderniser Bercow - changes the market

The betting for the next permanent Speaker of the House of Commons is hotting up. Conservative MP for Buckingham John Bercow has shot to the head of the betting as 2/1 favourite to land the job.

Over £100,000 has been gambled on the appointment so far with many people seeing this as one of the most crucial decisions the House of Commons has ever faced as the historic institution looks to restore some public faith.

However with Bercow not a favourite amongst the Tory benches his election would depend on Labour MPs from across the floor of the House choosing him over one of their own.

Although the reason Bercow isn't a favourite on his own side of the House is that he is seen as an ultra-moderniser and this could be what the general public are after, whether his fellow Members agree is another point though.

"This has been the most active betting market we have seen on a political appointment since David Cameron took over as Tory Leader, and already over £100,000 is riding on the outcome" said Hill's spokesman Graham Sharpe.

Bercow has displaced former favourite Sir George Young, who has now drifted out from 7/2 to 5/1 second favourite with William Hill who also offer: 6/1 Alan Beith; 6/1 Frank Field; 14/1 Vince Cable; Patrick Cormack; Ann Widdecombe; 20/1 Ken Clarke.

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