Bookies are offering odds of 25 to one on Norwich South MP Clive Lewis becoming shadow chancellor.

Ladbrokes has put the newly-elected MP ahead of shadow business secretary Chuka Umunna, London mayoral hopefuls Hackney MP Diane Abbott and Sadiq Khan, veteran MP Dennis Skinner, and leadership hopeful Liz Kendall.

Shadow health secretary Andy Burnham is favourite to take on George Osborne at the despatch box, with the betting website offering odds of 3/1.

Mr Lewis has been a strong backer of Jeremy Corbyn in his bid to be leader the Labour Party.

Recent polls suggest the Islington North MP could be on course to be announced the winner at a special conference on September 12.

If Mr Lewis is appointed shadow chancellor he would not be the first Norwich City Football Club supporter to hold the post.

Ed Balls, who lost his seat in the General Election in May, held the key post from 2011 until the Labour Party defeat in May.

Mr Lewis suggested that it would not be a wise move to bet on him taking the job.

'Clearly this is a little bit of fun. I think to suggest it's anything more would be getting carried away.

'I've been an MP for barely little more than three months now. My priority, at present, is to get to grips with Westminster, its protocols and processes far more than I already have and to be as effective an MP as I possibly can.'

A Ladbrokes spokesman said: 'Corbyn was 100/1 when he first announced he was entering the race, so is on course to pull off one of the biggest shocks in political betting history.

'Clive Lewis is seen as one of the rising stars on the left of the party and so, despite being a newly elected MP, we think he has a chance of making it into a Corbyn led shadow cabinet. Shadow Chancellor might be a step too far, so we've put him in at 25/1.'