July Budget 2015: George Osborne biggest Budget winner as chancellor becomes favourite for next Tory leader

Lynsey Barber
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Osborne came out a winner in the Budget (Source: Getty)

George Osborne was the biggest winner of today's Budget, becoming the favourite to replace David Cameron as the next Tory leader.

Odds on the chancellor becoming the next party leader fell to 5/2, overtaking London mayor Boris Johnson on the list of potential contenders, according to Ladbrokes.

Read more: The Budget as it happened - Osborne cuts corporation tax and bank levy

The bookies paid out at 10/1 on Osborne's mention of Ed Balls during today's Budget speech, one of a selection of buzzwords he was predicted to say.

"Osborne might be the darling of Conservative MPs right now, but Ladbrokes' political desk might be appealing for an emergency IMF loan to fill the black hole created by the chancellor's budget," said Ladbrokes' Matthew Shaddick.

Osborne's odds on becoming the next leader stood at 16/1 two years ago. Looks like the makeover's paying off.

Read more: Everything you need to know about the 2015 July Budget

Next Tory leader odds

George Osborne  5/2 

Boris Johnson  11/4

Theresa May  7/1

Sajid Javid  7/1

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