Labour are the bookies favourites to take back Corby from the Tories

With Louise Mensch resigning less than half way through the parliamentary term, and Labour’s candidate Andy Swaford already in place to fight the campaign, it’s perhaps unsurprising to hear that the bookies have installed Labour as the early favourites for the by-election (likely to be held on November 15th).

Yet just how big favourites Labour are might surprise some – after all, the seat is currently Tory held, and the party will be stretched across 3 by-elections, a mayoral election and 40+ PPC elections on the same day.

The odds according to Ladbrokes are:

Labour –  1/8
Conservative –  4/1
UKIP –  33/1
Liberal Democrats –  50/1