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Is the tipping point approaching?

May 31, 2008

TPT wonders whether Brown’s premiership is down to its final days.

With the the crushing defeat in Crewe and Nantwitch still stinging and dismal poll ratings, the only thing keeping Gordon Brown in Downing Street has been the fact that few senior figures in the Labour party are willing to put their heads above the parapet and call for Brown’s resignation. However, the formed Deputy Prime Minister Gordon Brown today praised David Milliband as a ‘great future leader’. Although he made it clear that he was not calling for Gordon Brown’s resignation, and indeed suggested that MPs would ‘pay a heavy price if you don’t get behind your leader’, this is the first time that a senior Labour figure has talked about a successor to Brown. In my view Miliband remains poor value in betting terms (though I would happily vote for him) but this does suggest that it might be a good idea to bet on Brown leaving office this year, although the Betfair odds are much less generous than those previously offered by Paddy Power.

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