Saturday, 25 September 2010

Ladbrokes : Ed Miliband's election increases the chances of the Tories winning the next election

The betting agency, Ladbrokes are briefing that Ed Milliband victory in the leadership contest increases the chances of a labour defeat at the next election. According to them Labour are now 13/8 to beat the Conservatives, compared to 6/4 prior to the leadership election result. The news will worry many in the party, which elected the former energy secretary as its leader, despite his older brother David being the front runner throughout the contest. The Conservative Party are now 4/9 from 1/2 to gain most seats at the next election.