Bookmaker William Hill is predicting an embarrassing defeat for David Cameron and his party in the by-election for the Corby and East Northants seat following the resignation of Conservative MP Louise Mensch.
The firm is tipping Labour as the red hot favourite at 1/7 in the fight for the marginal on November 15 and offering the Conservatives at 4/1, with UKIP quoted at 25/1 and the Lib-Dems at a dismissive 50/1.
William Hill spokesman Graham Sharpe said: “Mrs Mensch may be controversial but she upset the odds to win the seat in 2010 and it is difficult to see the Conservatives holding on to it in the current climate.”
Mrs Mensch announced on Monday that she is stepping down after finding it difficult to juggle her family life and her political career.
The mother-of-three plans to move to New York to live with her husband Peter Mensch, the manager of Metallica, who is based in the city.