June 2017 UK General Election: What Happens Next?

TV/Specials
Updated Wednesday 28th June 2017, 10:35 AM


Following a shock general election result that saw Prime Minister Theresa May lose her majority in a vote that was meant to bolster the position of the Conservative party in government, many voters are left questioning what happens next? It seems likely that May will enlist the help of Northern Ireland’s DUP to extend her tenure in 10 Downing Street, but there are a host of betting markets opening up as experts attempt to make sense of the situation.

Second General Election in 2017

With such a slender margin in the Commons, propped up by the DUP, it only takes one or two Tories to rebel over an issue to leave the government unable to pass bills, slowing down the parliamentary process. Remainers on the Tory benches might choose to use this as leverage to dissuade May from negotiating her preferred route of a ‘hard Brexit’ when discussions begin with the EU in a matter of days, making a second election this year a possibility.

However, after going to the polls for general elections twice in two years, as well as for the EU referendum in 2016, the public may not take kindly to having to go through more weeks of campaigning and political grandstanding. Brenda from Bristol will not be pleased at all:

  • Betting on a Second General Election in 2017: No 4/7, Yes 5/4 - William Hill

Year of the Next General Election

Under the Fixed-Term Parliaments Act 2011, the next general election should not be until 2022 but this most recent vote, just two years after the last one, has shown the legislation to be anything but binding. Betfred thinks a second poll this year is the most likely, at 11/8, and is offering 5/1 on parliament running its full term.

  • Year of the Next General Election: 2017 11/8, 2018 4/1, 2022 5/1, 2019 6/1, 2021 7/1, 2020 12/1 - Betfred

Prime Minister on 1st July

Although she has vowed to fight on, many are calling for Theresa May’s resignation, citing a calamitous campaign that has only added to the uncertainty over the country’s future as the reason she should step aside.

Ladbrokes thinks she will weather immediate post-vote storm and still be in charge on 1st July, but rumours that Foreign Secretary Boris Johnson is inching closer to the role mean that his 10/1 odds to start next month in the hotseat will tempt some punters. Labour’s Jeremy Corbyn stands at 12/1 after pulling off an electoral feat that many even in his own party thought impossible.

  • Prime Minister on 1st July: May 1/16, Johnson 10/1, Corbyn 12/1, Davis 16/1 - Ladbrokes

Next UKIP Leader

Within hours of dawn breaking on the opening day under a hung parliament, the first leadership casualty of the vote was announced. Paul Nuttall revealed he would step down as UKIP’s number one following a result that saw the party poll just over 590,000 votes nationally, down from 3.8 million in 2015.

Party talisman Nigel Farage had already confirmed on television that he would return to politics if he felt the Brexit process was in danger of stalling, and Ladbrokes has him at 13/8 to return to the role he left most recently in November 2016. If he were take up the reins again, it would be his fourth shot at leading UKIP.

  • Next UKIP leader: Farage 13/8, Whittle 5/1, Banks 8/1,  Evans 8/1 - Ladbrokes.

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Last Updated: Wednesday, 28 June 2017 10:35:51+00:00
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