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When will the Labour leadership election be?

There are four candidates battling it out to be the next Labour leader

Andy Burnham, Yvette Cooper, Liz Kendall and Jeremy Corbyn continue to make their case to be next leader of the Labour Party, with no other MP prepared to throw their hat into the ring at this time.

The supporting nominations will close on Friday 31 July, with the quartet then continuing to campaign until Wednesday 12 August when it is the last date for anyone to become a member of the Labour Party and subsequently vote for their preferred candidate.

On Friday 14 August, the ballot papers will be sent out and Labour Party members and associates have until Thursday 10 September to cast their votes.

On Saturday 12 September, there is then a Special Conference where the results of the Labour leadership election will be announced and a permanent replacement for Ed Miliband will be appointed.

Who is the next Labour leader likely to be?
Andy Burnham continues to be market leader, with politics betting specialist Ladbrokes offering even money that he gets the most votes, despite plenty of media speculation that Jeremy Corbyn is the front runner.

It appears that while Corbyn offers something left-wing and different to the other candidates, the bookies think it won’t appeal to enough Labour Party members, despite the unions ready to back the veteran MP.

Corbyn is as big as 5/1 with some firms to claim the leadership, while Yvette Cooper also stands a realistic chance at odds of 2/1 with Paddy Power.

Liz Kendall has been straight-talking ever since throwing her hat into the ring, although it seems as though she will struggle to get enough votes to get past the post on this one.

Odds of 14/1 suggest she is the rank outsider to become Labour leader despite a lack of relative experience as MP, with Kendall likely to instead be offered a significant post in the Shadow Cabinet.

Margaret Beckett is among those backing Andy Burnham and feels he is the right man to serve as leader of the opposition.

She said: “I saw Tony Blair come from being an inexperienced shadow minister to someone who led Labour to victory.

“I am convinced Andy can build a movement to win again and change Britain for the better to hold Cameron and Osborne to account and to win in 2020.”

Ladbrokes were happy to come out with the usual PR guff about Corbyn, although the fact they are still holding tight with their even money on Burnham suggests they won’t want to lay him at fancy odds.

Ladbrokes spokeswoman Jessica Bridge told “The support for Corbyn is relentless and it’s consequently left favourite Burnham drifting like a barge.

“If the money continues to pour in it’s only a matter of time before Corbyn moves into second spot in the betting.”

All odds were correct at time of posting.

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