Boris Johnson exit odds – will the PM resign after Downing Street party scandal?

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The onslaught has led to widespread calls for the Prime Minister’s resignation from the public and politicians. Mr Johnson announced at Prime Minister’s Questions today that he had asked Cabinet Secretary Simon Case to investigate what happened in Downing Street on December 18 last year.

He reiterated at the COVID news conference: “All evidence shows people in this building stayed within the rules, if that’s not the case and people wish to bring allegations of course there will be proper sanctions.”

The Metropolitan Police have declined to investigate, saying it was “in line with our policy not to investigate retrospective breaches of such regulations”.

Allegra Stratton, a former ITV journalist and Prime Minister’s advisor, gave her resignation statement to reporters outside her home earlier on Wednesday.

She apologised for the video in which she joked about a Christmas party at Downing Street on December 18 2020, when London was under Tier 3 restrictions.

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In a tearful statement, she said: “My remarks seemed to make light of the rules, rules that people were doing everything to obey.

“That was never my intention. I will regret those remarks for the rest of my days and offer my profound apologies to all of you at home for them.”
At the press conference this evening, Mr Johnson paid tribute to Ms Stratton on numerous occasions.

He said: “Allegra has been a fine colleague and achieved a great deal. It has been a sad day for her.”

Even though the Prime Minister apologised to the House of Commons for what happened in Downing Street – without explicitly admitting a party did or did not take place – the public seems to be resisting having the wool pulled over their eyes.

The odds are now out for Mr Johnson’s exit from the venue of the parties – with Betfair predicting the scandal could make a resignation more likely.

Betfair Spokesperson, Sam Rosbottom said: “The Prime Minister’s leaving party – or just a business meeting with cheese and wine – is now closer than ever, according to Betfair Exchange punters.

“In the past week, the odds for Boris Johnson to leave his role as PM in 2021 have been backed into 15/1 from 149/1.

“For him to leave the role in 2022 is proving to be a popular choice too, with the odds being slashed from 21/1 to 9/5 in the past seven days.

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“Punters have also been having their say on if he will be Prime Minister for the next Conservative Party Conference on Betfair Exchange’s Yes or No market.

“Earlier this week, he was 3/1 to not be in charge by then, but since the recent news headlines his odds have been cut to 11/10 to leave Number 10 by the next conference.”

Chancellor Rishi Sunak is 13/5 to become the next leader, with Liz Truss on 5/1 and Michael Gove on 15/2.

How Boris Johnson’s odds on stepping down have changed throughout 2021:

January – 8/1
February – 5/1
March – 7/1
April – 11/2
May – 9/2
June – 4/1
July – 5/1
August – 9/2
September – 9/2
October – 18/5
November – 17/10
1st December – 12/5
5th December – 13/5
7th December – 19/10
8th December – 7/5

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