Steerpike Steerpike

Autumn Statement Tricks: Osborne confounds the betting market

Ignore the numbers, the spin and the bleak borrowing – there is only one question that needs answering. What colour is the Chancellor’s tie? Ladbrokes were offering bets on the subject, and Mr S understands a significant amount of cash has changed hands on the subject:

1/2 Blue 3/1 Purple 4/1 Green 10/1 Red 12/1 Pink 12/1 Grey 16/1 Yellow 16/1 Orange 16/1 Black 25/1 White 66/1 Hi-vis

Ever the trickster, Osborne seems to have confounded the punters. Is his tie sludge green, grey or black?

It seems like the matter should be referred to some sort of independent Office of Budget Betting Responsibility. Ladbrokes are yet to call it…

UPDATE: Ladbrokes tell Mr S that they will pay out on grey, green and black as Osborne’s tie is ‘painfully ambiguous’. At last some financial good news!

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