Former BBC chief operating officer favourite for top job

Caroline Thomson is the favourite to become the new director general of the BBC, according to Ladbrokes.

Following George Entwistle's resignation the bookies are now quoting Thompson, the BBC's former chief operating officer, as the favourite to replace him at 5/2, followed closely by Ofcom chief executive Ed Richards at 3/1.

The BBC's former chief operating officer Caroline Thomson. Credit: PA/PA Archive/Press Association Images

There is a 5/1 chance that Helen Boaden steps up from BBC's director of news or it is 8/1 that acting director general Tim Davie gets the gig on a full time basis.

Jessica Bridge of Ladbrokes said: "Another one bites the dust and the odds suggest Thomson won't be unlucky in the selection process second time round."

Ladbrokes latest betting: Caroline Thomson 5/2 Ed Richards 3/1 Helen Boaden 5/1 Tim Davie 8/1 Michael Jackson 8/1 Danny Cohen 9/1 Peter Fincham 10/1 12/1 bar.