Mini-reshuffle: odds shorten for Gavin Williamson to replace May

The odds have dramatically shortened for Gavin Williamson to replace Theresa May as Conservative party leader.

Williamson’s rise up the Tory Party ranks has been a fascinating spectacle to observe. In 2010, he was elected to represent the safe Conservative seat of South Staffordshire, he was later appointed PPS to the transport secretary and then to David Cameron. Following Cameron’s departure from the premiership, Williamson backed Theresa May and found himself her chief whip following a quick and bitter leadership contest.

Following Michael Fallon’s resignation, Williamson has been promoted to the vital position of defence secretary.

He has long been seen as a rising star in the Conservative party – he made it into our list of seven MPs to watch this parliament, alongside Jo Johnson, Chuka Umunna and Christine Jardine - and could be the fresh face the party needs to lead it following May’s premiership.

But what do the betting markets say about his future?

According to Oddschecker, the current favourite to replace May is David Davis followed by Boris Johnson, Jacob Rees-Mogg, Amber Rudd and then Ruth Davidson. Next is Gavin Williamson, making him the sixth favourite to replace May. Realistically, Jacob Rees-Mogg and Ruth Davidson have little to no chance of taking over. For those looking for someone new, Williamson could be the man for the job.

During the day on Wednesday, Ladbrokes offered odds of 66/1 for Williamson to become the next Conservative leader, and William Hill offered 33/1. Michael Fallon resigned that evening and was replaced by Gavin Williamson on Thursday morning. As of Thursday afternoon, Ladbrokes offer odds of 20/1 for Williamson to replace Theresa May while William Hill offer odds of 12/1.

Gavin Williamson is the Conservative Party’s rising star, but how long will his honeymoon last?