Prime Minister Boris Johnson has requested the Queen to suspend Parliament well beforehand of their Brexit deadline 31st October, leading to bookmakers cutting chances to a scenario that was no-deal.
Was priced odds-against fairly consistently since Marchthe chance of the UK leaving the European Union is even money with various bookmakers.
Odds have been flying about that mark because Boris Johnson took over as Prime Minister, with it looking increasingly likely that this would be an option for your new man in No.10.
But, today’s motion stems in light of the PM creating a shock move to ask the Queen so as to set the legislative acts of his administration to suspend Parliament from 9th September before October.
Even the Prime Minister’s request to suspend parliament before 14th October would reduce the amount of time MPs need to pass legislation to prevent the no-deal situation.
Punters have jumped into the bargain or no-deal market consequently, using a large 72.2% of bets available on the market in the last 24 hours going on the united kingdom leaving with no offer.
Johnson movement has been met from key figures like House of Commons Speaker John Bercow and opposition leader Jeremy Corbyn.
Their debate is that suspending would shut MPs from this democratic process within this phase that is vital before the October deadline and parliament early is unconstitutional.
Boris Johnson insists that he just wishes to put his strategies more desperately out, instead of conceal some intentions of leaving the European Union.
Oddschecker spokesperson Callum Wilson:”Activity on the deal or no price market has been rising steadily ever since Boris Johnson obtained the secrets to No. 10.
“Today’s news is now witnessed an important growth in bets and bookmakers have reacted accordingly, with the no-deal Brexit scenario looking as probable as it has according to the chances. If the suspension goes ahead, expect to observe that cost swing into odds-on imminently.”
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