Dominic Raab
Dominic Raab

Dominic Raab, Britain’s former Brexit secretary, has been installed as William Hill’s new favourite to succeed Theresa May as the next leader of the Conservative Party. Raab resigned from the government last week due to disagreement with May over the terms of her suggested Brexit deal with the European Union. “I cannot in good conscience support the terms proposed for our deal with the EU,” Raab said on Twitter.

Already seen as a “coming man” in the Conservative party, since his resignation Raab has become a hero to its anti-European wing. Should May face a leadership battle it is assumed that it is this wing which will mobilise and mount the strongest challenge.

Raab or Johnson?

Raab has done little to distance himself from the talk that he might have ambitions to become Prime Minister and it increasingly appears that the “Brexit candidate” will be either Raab or Boris Johnson.

On Johnson, Raab said this weekend, “he is a friend and good colleague – but he’s not an ally,” increasing speculation that Raab is prepared to compete against Johnson in any contest. As previously reported, Johnson’s moment may have passed and he has seen his odds of becoming leader steadily decrease in recent months. During November he has fallen at William Hill from 4/1 to 7/1.

Raab has everywhere been installed among the favourites to be next Tory leader. He is currently being offered at 13/2 by William Hill; SkyBet has him at 7/1 behind their joint favourites Johnson and Javid. Ladbrokes has the above candidates plus Michael Gove as joint favourites, all at 8/1.