Former Tory MP Charged With Betting On Election

The Washington Post reports:

A former Conservative lawmaker and 14 others have been charged with cheating when placing bets on the timing of Britain’s general election last year, the Gambling Commission said Monday.

Craig Williams was one of several people who had been investigated for cashing in on insider knowledge on the date then-Prime Minister Rishi Sunak would call the election.

At the time, the conventional wisdom was that Sunak would call an election in the fall, but he surprised people in May when he set the date for July 4th. The vote ended up being a bloodbath for Conservatives, as the Labour Party, led by Prime Minister Keir Starmer, swept them out of office for the first time in 14 years.

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