GETTY Jacob Rees-Mogg's odd on being Prime Minister is now 8-1

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He is now just 8-1 (from 12-1) to be the next Prime Minister with leading bookmaker Coral after the firm cut his odds following a wave of bets. In the summer it was believed that the idea that Mr Rees-Mogg could be the country's next leader was just a silly season story. Yet now after the party conferences and with Parliament sitting there appears to be no let up in his popularity.

GETTY Jeremy Corbyn remains the favourite to replace Theresa May

Jacob Rees-Mogg's stock has never been higher and punters are getting behind the Moggmentum and backing the North East Somerset MP for a run to Number 10 Harry Aitkenhead - Coral

Labour leader Jeremy Corbyn remains the favourite to replace Theresa May but is now out to 4-1, with Boris Johnson (5-1), David Davis (6-1) and Amber Rudd (9-1) Coral's other frontrunners. “Jacob Rees-Mogg's stock has never been higher and punters are getting behind the Moggmentum and backing the North East Somerset MP for a run to Number 10. He is just 2-1 to be given a full cabinet post by the end of the year and you can be sure that the Conservative party will be making some changes very soon,” said Coral's Harry Aitkenhead. Away from Mr Rees-Mogg the speculation around what next for Boris Johnson continues and Coral now make it evens that he will still be Foreign Secretary on January 1, 2018. He's 5-2 to be the next cabinet minister to leave and the 9-2 favourite to be the next Conservative party leader.

The real Jacob Rees-Mogg Wed, February 8, 2017 Jacob Rees-Mogg is one of the biggest characters in the Tory party. Known for his RP diction, humorous speeches and staunchly pro-Brexit views, the MP for Northeast Somerset is firmly in the public eye Play slideshow AFP/Getty Images 1 of 12 Jacob Rees-Mogg poses as he delivers a petition against the provision of foreign aid at 10 Downing Street in London

“Nobody knows what the future holds for Boris which is reflected in the betting with a number of possibilities being well backed,” added Mr Aitkenhead. • To be next Prime Minister 4-1 Jeremey Corbyn, 5-1 Boris Johnson, 6-1 David Davis, 8-1 Jacob Rees-Mogg, 9-1 Amber Rudd, 14-1 Philip Hammond, 18-1 Andrea Leadsom, 20-1 Ruth Davidson, 22-1 Priti Patel, 25-1 Dominic Raab, 28-1 Bar • To be next Conservative leader 9-2 Boris Johnson, 5-1 David Davis, 8-1 Amber Rudd, 8-1 Jacob Rees-Mogg, 12-1 Philip Hammond, 16-1 Ruth Davidson, 16-1 Andrea Leadsom, 20-1 Dominic Raab, 20-1 Prit Patel, 25-1 Bar

GETTY Odds on Boris Johnson being the next Prime Minister is 5-1