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UK bookmakers hoping for prolonged political chaos

TAGs: UK general election, William Hill

Weighing up the pros and Cons

Weighing up the pros and Cons

The UK may be in the midst of political and financial turmoil but the bookmakers are more than happy to keep fiddling while Rome, or rather, London burns. If a coalition government between the Conservatives and the Liberal Democrats isn’t agreed soon then stability-seeking investors will move on, abandoning the good ship Blighty to steer a lonely course towards the eye of a financial hurricane. But none of that worries the bookies, who are looking to take still more political bets. “Frankly, we hope the talks break down,” says William Hill spokesman, Graham Sharpe, highlighting why he is a sponsor of the Official Monster Raving Looney Party. “So we can have another election and start all over again.” Now there’s a sobering thought. Read more.

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