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If you fancy a 16% return in just over eight months, this might be the bet for you

April 16th, 2017

William Hill have a market up on whether John Bercow will be Speaker until 2018. Ordinarily I’m not in favour of backing 1/6 shots, but given that the much hyped attempt by Tory MP James Dudderidge to topple Speaker Bercow turned out to be a bit Spursy* as only five MPs sign motion of no confidence in John Bercow.

From that I can conclude there’s no appetite, let alone a majority, in The Commons to topple John Bercow, so I’d expect him to stand down at a time of his own choosing probably either in 2019 or 2020 to coincide with the general election. With base rates at 0.25%, a 16% return in little over 8 months looks great.

TSE

*In 2016, The Oxford University Press has announced that the word ‘Spursy’ will be included in the ever popular Oxford English Dictionary from this year.

The term, which means to constantly fail living up to expectations, was invented by Tottenham Hotspur fans who had grown tired of watching their team unceasingly collapse at the first sign of pressure, and will now officially enter the English lexicon with the latest release of the English language’s lexicon of record.