Betting on who will the the next Speaker of the House of Commons

March 11th, 2018

Laying Jacob Rees-Mogg as next Speaker is my strategy

Following the allegations against Speaker Bercow the Tory MP James Duddridge has helpfully reminded us that when John Bercow was campaigning to be Speaker back in 2009 Bercow promised to stand down by June 2018.  But I’m not expecting John Bercow to honour this promise.

It is reported that Mrs May is ‘concerned’ over John Bercow bullying allegations, which could add further pressure on Bercow so I thought I’d look at the next Speaker market, alas there appears to be no Bercow exit date markets available.

The Paddy Power market below is probably right in having Deputy Speaker Lindsay Hoyle as favourite, he regularly wins praise from all sides of the House when he steps in for John Bercow.

Jacob Rees-Mogg is second favourite, I can see why people think he’d make a good Speaker however I’ll be laying him for the following reasons

I) His focus might be on another job, one that is substantially more influential than Speaker.

II) His socially conservative/Catholic views will be unpalatable to many in the Commons, it is fair to say that Parliament is much more socially liberal than Jacob Rees-Mogg. I suspect Parliamentarians will not want the country to think Parliament is reactionary so that will stop Rees-Mogg becoming Speaker.

III) His views on Brexit might be unpalatable for the vast majority of Parliament that don’t get tumescent over a Hard Brexit that the likes of Rees-Mogg do which again will be a hindrance to his chances of becoming Speaker.

Like the Tory leadership market the next Speaker market is one where I’m fairly confident in betting on who it won’t be rather than who it will be.

(As an aside Paddy Power need to update their market, several of the candidates listed are no longer MPs.) There’s also a Betfair market up on the next Speaker but there’s poor liquidity in that market at the moment.


P.S. – The Sunday Times are reporting ‘Harriet Harman is preparing to launch a campaign to become Speaker of the House of Commons as John Bercow faces a fresh bid to oust him. The former Labour deputy leader has told friends she is “prepared to throw her hat into the ring” after bullying allegations were raised against Bercow.’