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Jeremy Corbyn Labour leadership odds slashed

The odds on left-winger Jeremy Corbyn becoming Labour leader have been cut again amid reports that private polling shows him ahead.

The New Statesman said surveys by two rival camps have found that the veteran MP is on track to top the first ballot.

One apparently suggested he was 15% ahead, while another showed he was in a "commanding position".

He is said to have been hoovering up votes from new and younger party members, and has accumulated 40 nominations from local associations.

Ladbrokes now puts Mr Corbyn's chances of emerging victorious at 5-1 - a far cry from the 100-1 that had been available at the start of the contest.

The Islington North MP - who only made the ballot paper because colleagues lent him their nominations despite favouring other candidates - has leapfrogged shadow health minister Liz Kendall, on 8-1.

Shadow Health Secretary Andy Burnham is still favourite at 5-6, with Yvette Cooper on 11-4.

The result of the leadership election, which is carried out under an Alternative Vote (AV) system, is due to be announced in September.

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