i only just missed running into that march for corbyn in town last week.
That old chestnut hey. You mean you were late turning up
EDIT - I'm reading the market wrong of course (below) the next PM market is the current vacuum (I've jumped ahead of myself), but I'll leave the post up rather than perform a ninja edit as the fundamental logic is still sound if you can find a market to support the bet (the prices I've quoted clearly don't apply though). It's the PM after the 'next one' (Theresa May, that we want)
Incidentally, for those who like speculative long-shots, Dan Jarvis and Trsitram Hunt at 949/1 in BF's Next Prime Minister market according to Oddschecker. No idea how much liquidity is there, probably buttons, but there is a plausible line that doesn't make either of them this price, which all revolves around when Theresa May triggers article 50
If she waits, until the spring of 2017 the Tories have a potential problem
We know the next GE is in May 2020, and we know that article 50 is 2 years minimum, with an expectation that 3 years will be needed. This drags the whole thing into the electoral cycle. That being so the opposition parties will almost certainly take their chance to stand on a 'rip it up and start again' platform, and effectively turn the 2020 election into a backdoor referendum2
Will the Tories win this? Well that's anyone's guess but there would be grounds for believing that they could well experiencing a backlash of buyers remorse by then, plus the early headwinds that we might be seeing today could have turned into a recession by then. It makes it near on impossible however for the Tories to occupy the same ground as the opposition parties. They're pretty well committed to the 'leave' agenda, so the gamble revolves around that looking nowhere near attractive in the lead up to 2020 as it did 2 weeks ago
So what of the opposition altenratives? It seems likely that UKIP will melt away into a vocal pressure group. Their votes will migrate back to whence they came. The Labour party will become the socialist workers party, likely to vote against the Tories, but still a massively reduced bloc.
The new party (lets call them the progrssive democrats for want of another name) will almost certainly turn to a Blairite after this dose of Corbyn and will probably form a popular front along with the Liberals and the SNP. The popular front could easily win the most seats given the national mood circa 2019/20 and it seems logical to assume that the leader of the progressive democrats will be their nomination for PM
Theresa May looks like a female John Major to be honest, and even though he won in 1992, it was narrow. If you can work out who will emerge as the leader of the new Progressive Democrats then you've probably got a decent bet to be the next PM at a massive price as I'm not sure the collapse and regeneration of the centre/left opposition has been factored into the current prices if the likes of Hunt and Jarvis are 949/1