The Ladbrokes 20/1 that the Brexit Secretary, DDavis, will be next Cabinet minister out looks like a value bet

The Ladbrokes 20/1 that the Brexit Secretary, DDavis, will be next Cabinet minister out looks like a value bet

Good bets are not predictions but an assessment that the chances of a particular outcome are better than what the bookies are offering.

Given all the noise round the BrexSec in the Tweet Tsunami from former DD aide James Chapman I reckon that the Ladbrokes 20/1 that he’ll be the next cabinet minister out is value.

The Chapman allegation point that is really striking and I’d suggest most damaging is the one the Times is highlighting this morning – the allegation that DDavis only works three days a week.

    Given how crucial these negotiations are to the future of the country the suggestion, true or false, that the man in charge is not giving it his full focus is one that hits home.

TMay is due to arrive back at Downing Street after her four week holiday tomorrow and no doubt she’s been giving a lot of thought to the challenges ahead. Maybe we could see some cabinet moves as TMay seeks to assert her authority.

An early exit for Davis is surely greater than a 20/1 chance.

Mike Smithson


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