Series of bets make Tony Blair 50/1 to return as Labour leader

Former Prime Minister Tony Blair is 50/1 to be the next leader of the Labour party, according to the latest odds.

Blair’s latest Brexit intervention has triggered a wave of long-odds bets on the former PM coming back to lead the party.

However, Blair still has 18 candidates ahead of him according to the betting.

The odds of a Blair leadership comeback have contracted within the last year however, with 200/1 the price offered in February 2016.

Alex Donohue of Ladbrokes said: “There still appears to be quite a long way to go according to the betting, but today’s speech has brought about renewed enthusiasm in Blair leading the Labour party once again.”

Current leader Jeremy Corbyn could come under increased pressure next week, with Labour under-fire to keep hold of Stoke-On-Trent Central and Copeland in the upcoming by-elections.

The Conservatives are 4/11 to take the Cumbrian seat, while Labour face a UKIP challenge to land Stoke.

And it’s just 2/1 that Corbyn sees his party lose both seats on February 23.

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Ladbrokes latest betting

 Next Labour leader

Clive Lewis – 5/1

Keir Starmer – 6/1

Rebecca Long-Bailey -10/1

Dan Jarvis – 12/1

Lisa Nandy – 16/1

John McDonnell – 16/1

Angela Rayner – 16/1

David Miliband – 20/1

Emily Thornberry – 20/1

Chuka Umunna – 25/1

Yvette Cooper – 25/1

Hilary Benn – 25/1

Sadiq Khan – 25/1

Tom Watson – 33/1

Stephen Kinnock – 33/1

Andy Burnham – 33/1

Richard Burgon – 33/1

Diane Abbott – 33/1

Tony Blair – 50/1

All Odds and Markets are correct as of the date of publishing