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Labor would applaud a victory for Liz Truss as they do not believe she can win a general election, a political analyst has said.

Matthew Engel, political betting expert and commentator for the Racing Post, said: “The overnight trade shows Liz Truss is still the betting favorite to beat Rishi Sunak as leader of the Conservative Party after the latest MP poll, at the best price of 4/6 on with major bookmakers – odds that many experienced bettors would consider prohibitive. Sunak could be backed at 6/4 against on the betting exchange.

“It appears to be based on very flimsy evidence from early polls of Conservative Party members.

“It ignores Sunak’s superior charisma, charm and campaign skills which are likely to come into play over the coming weeks.

“MPs in Penny Mordaunt’s camp are also bitter over Truss, who finished just eight votes ahead of their candidate,” Engel said.

“One person will really applaud Truss: Keir Starmer, and some party members might want to think about that. Labor thinks Truss will have a hard time winning a general election.

Truss became the betting favorite on Tuesday, the fourth person to hold the position in two weeks, after Ben Wallace, who declined to run, Sunak and Mordaunt.

Conservative leadership odds:

Liz Truss 4/6

Rishi Sunak 6/4

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Edward L. Robinett