Odds on Brexit narrowing

AS the June 23 referendum approaches and Britain seems (in my opinion, insanely) heading for a plunge into the "Brexit unknown", I fear my Remain colleagues can no longer derive much comfort from the disparity between the predictions of the opinion polls and the bookmakers.

I confess that, as a racing man, I have always been surprised by the degree to which Remainers have tended to say "the bookies know best".

Certainly, the bookies know quite a lot. But in the end the state of their "book" is conditioned less by their often highly experienced opinion than by the sheer flow of money.