PRINCE GEORGE HAMMERS BOOKIES FOR A MILLION AFTER NAME GAMBLE

Britain's bookies are facing a million pound payout tonight, after the Duke and Duchess of Cambridge confirmed their son would be called George, the name backed down to 11-10 favourite with Coral before the firm suspended betting.

"George was the clear favourite once the new Prince was born earlier this week, and the odds shortened all the way down to 11-10, as punters rushed to place their bets," said Coral's David Stevens.

"We may have escaped the earlier gamble when the new arrival was a boy rather than a girl, but our customers have got their revenge in style, and the future King George will be the toast of punters everywhere," added Stevens.