Former Chancellor of the Exchequer Rishi Sunak has become odds on favourite to replace Boris Johnson as the next Prime Minister. The politician saw his odds slashed just hours after he quit his Cabinet role.
Mr Sunak's resignation came just moments after Secretary of State for Health and Social Care Sajid Javid announced he would also be leaving the Cabinet. Mr Javid was also Mr Sunak's predecessor, but quit as Chancellor in February 2020.
Now betting aggregator OddsChecker says Mr Sunak is considered the favourite to take the top seat should Mr Johnson resign. It comes after bookies also claimed Mr Johnson was odds-on favourite to call it quits by the end of 2022.