Next government of the United Kingdom?

As of Mon, 19 Oct 2026 20:59:43 UTC, Kalshi traders price Labour majority (14.0%), Reform UK minority (9.0%), Reform UK majority (9.0%). The market has $3K in volume and closes on Tue, 01 Jan 2030.

Updated:

Current odds

OutcomeChanceYes priceNo price
Labour majority14.0%14.0¢86.0¢
Reform UK minority9.0%9.0¢91.0¢
Reform UK majority9.0%9.0¢91.0¢
Labour, Liberal Democrat, and Green coalition7.0%7.0¢93.0¢
Reform UK minority + Conservative support7.0%7.0¢93.0¢
Labour minority + Liberal Democrat support5.0%5.0¢95.0¢
Labour and Liberal Democrat coalition5.0%5.0¢95.0¢
Labour minority5.0%5.0¢95.0¢
Labour minority + LD/Green/SNP/Plaid support5.0%5.0¢95.0¢
Reform UK and Conservative coalition4.0%4.0¢96.0¢
Labour minority + SNP support4.0%4.0¢96.0¢
Labour minority + Green support4.0%4.0¢96.0¢
Reform UK minority + DUP support3.0%3.0¢97.0¢
Conservative minority + DUP support3.0%3.0¢97.0¢
Reform UK, Conservative, and DUP coalition3.0%3.0¢97.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for Labour majority:

If the Labour Party, with the Labour Party holding a majority of seats in the House of Commons exclusively make up the next elected ruling government of the United Kingdom before Jan 1, 2030, then the market resolves to Yes. A party is considered part of government if one or more of its representatives hold at least one ministerial or cabinet-level position in the new government. This evaluation occurs at the first official, stable formation of the government once the legislative process is complete and the head of state appoints ministers under normal non-caretaker circumstances. Confidence and supply arrangements where a party supports the government without holding cabinet positions may be included if explicitly specified in the parties description. Caretaker or interim governments appointed temporarily before formal government formation do not count for determining party status. A sole 'minority' government designation (e.g. 'Party X minority') means the relevant party is the ruling government but does not have a confidence and supply agreement with any party or a majority of seats in the parliament (or equivalent legislature). If a parties description specifies support from one or more named parties, that support is exclusive to the named parties.

Sources

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