Shrewd punters who had a flutter on George Osborne sporting a blue tie in today's Budget would not have been disappointed, after the favourite came in at 3/1.
Purple had also been tipped as the colour to bet on, with Ladbrokes offering 3/1 odds on it along with Conservative blue. More flamboyant colours such as yellow and orange were rank outsiders, priced at 25/1. Meanwhile punters who wanted a flutter on Tory veteran Ken Clarke catching 40 winks for the second Budget in a row were left short changed. Bookmakers were offering 3/1 this morning that Clarke would nod off during the Chancellor's speech. Ladbrokes also offered odds on the words included in the speech, including Olympics (1/10), stamp duty (1/8) and child benefit (1/4). Me...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes