Latest odds on Boris Johnson resigning and who could replace him as Prime Minister

Boris Johnson's leadership has reached new heights of crisis following the resignation of both chancellor Rishi Sunak and health secretary Sajid Javid. It comes after the prime minister admitted he should have sacked former deputy chief whip Chris Pincher after being told about previous allegations of “inappropriate” conduct.

Mr Pincher resigned last week following claims that he groped two men at a private members’ club, but Mr Johnson was told about allegations against him as far back as 2019. Instead of sacking the minister, Mr Johnson went on to appoint him to other government roles.

In his resignation letter released this afternoon, Mr Sunak said “the public rightly expect government to be conducted properly, competently and seriously”, while Mr Javid said the British people “expect integrity from their government”. He claimed voters now see the PM's administration as neither competent nor “acting in the national interest”.

READ MORE: What next? Boris Johnson clinging on after multiple resignations

The latest resignations will come as a huge blow to the PM, whose position is now even more perilous following a confidence vote which saw 41 per cent of his MPs vote against him and the loss of two crunch by-elections last month.

Betfair predicts that there is now a strong chance Mr Johnson will step down this year following the departures. Spokesperson Sam Rosbottom said: “The odds of Boris Johnson going this year have been slashed to just 1/7 following the shock departure of Rishi Sunak and Sajid Javid, meaning there’s now an 87 per cent chance the PM steps down in 2022."

According to Betfair, Penny Mourdant is the new favourite to be the next Conservative leader at 6/1. The Portsmouth North MP has Cabinet experience