Bet On New Blair And When Old One Goes

William Hill have installed John McDonnell as a 100/1 outsider to become the next Labour leader following his decision to put himself forward as a candidate for the top job in British Politics. Gordon Brown remains hot favourite to succeed Tony Blair at 1/4, Alan Johnson is the 6/1 second favourite with David Miliband offered at 8/1.

William Hill's have cut the price of Tony Blair leaving office in 2006 from 11/4 to 2/1 but still think he is most likely to go during 2007 - the 11/10 favourite, while he is 8/1 to stay around long enough to beat Mragaret Thatcher's record eleven and a half year term of office.

William Hill have also slashed the odds about the next General Election resulting in a Hung Parliament, from 5/1 to 9/4, while the Tories are 4/6 favourites to end up with the moest seats, with Labour at 11/10 and the Lib-Dems 80/1.

William Hill Next Labour Leader odds: 1/4 Gordon Brown, 6/1 AJohnson, 8/1 David Miliband, 12/1 John Reid, 20/1 Alan Milburn, 33/1- Margaret Beckett, lan 33/1 Jack Straw, 40/1 Des Browne, 50/1 Peter Hain, 50/1 Hazel Blears, 66/1 Hilary Benn, 66/1 Charles Clarke, 66/1 Geoff Hoon, 80/1 John Prescott.100/1 John McDonnell.

William Hill What Year Will Tony Blair leave Office of Prime Minister?: 11/10 - 2007, 2/1 - 2006, 3/1 - 2008, 9/1 - 2009, 20/1 2010 or beyond.

William Hill Most Seats At The Next General Election: 4/6 Conservatives, 11/10 Labour, 80/1 Lib Dems, 9/4 Hung Parliament