The Liberal Democrats have been installed as odds-on favourites by bookmakers to retake the Ceredigion seat.

The party’s candidate Mark Williams – who represented the constituency as MP from 2005 until 2017 – has opened up as the best price 8/13 shot to win the election on 12 December.

Mr Williams lost the seat to Plaid Cymru’s Ben Lake in 2017, who won despite being the outsider of the two in the bookies’ odds two years ago. Mr Lake is shorter odds at 13/8 to retain the seat this time around, than he was to take it at the last election which saw him secure a 104 vote majority after two recounts.

The bookmakers have the election as a two-horse race between Plaid and the Lib Dems.

The Conservative candidate Amanda Jenner is priced at 20/1 to win the seat, while the Labour party candidate Dinah Mulholland can be backed at 33/1.

Brexit party candidate Gethin James is 100/1, with the rank outsider Chris Simpson of the Green Party available at 300/1.

For more coverage of the General Election, see this week’s Cambrian News, on sale tomorrow