The bookmakers are giving up on the chances of Brexit
From our UK edition
The EU referendum is only weeks away and while the pollsters aren't offering much certainty about the result, on the betting markets it's a different story. Bookies have seen a very substantial swing toward Remain over the last few days. The odds on the UK staying in Europe have collapsed from 1/3 last week to 1/5 today. This shows that the chances of Brexit are now at a new low of just 21 per cent compared to the giddy heights of 40 per cent at the end of 2015. On balance, the polls have probably been better for Remain recently, but there's still a lot of variance, with some surveys still showing Leave ahead. However, the betting public can only see one result: with more than nine pounds out of every ten wagered at Ladbrokes over the last month being staked on a Remain victory.
