Current Prime Minister Boris Johnson and leader of the Labour Party Jeremy Corbyn are the chief contenders to enter Number 10, with the leader of the Conservatives fancied by the bookies at 1/6 to emerge as the country’s leader in the early hours of December 13.
Corbyn is less fancied at 7/2, while the leader of the Liberal Democrats Jo Swinson, who made the audacious claim that she was “Britain’s next Prime Minister'' is an outsider, with odds of 50/1.
According to bookmakers, the most likely outcome of the General Election is a Conservative majority with odds currently floating at 1/4. A hung parliament is the second most probable outcome with odds of 10/3. A Labour majority is highly unlikely if odds are to be believed - that result is listed as 25/1.
Labour are heavy favourites to retain South Shields, according to the latest odds. They’re backed at 1/20, while the Conservative Party are their closest rivals at 9/1.
The Brexit Party are a distant third favourite at 33/1.
Jarrow is a near identical story with Labour backed at 1/25, the Conservatives at 9/1 and the Brexit Party 33/1.
Note: these odds were taken from paddypower.com and are accurate as of December 9, 2019.