Los Angeles has been cut in the ante-post market on the Prince of Wales’s Stakes at Royal Ascot, with Economics ruled out.

The William Haggas-trained Economics had been seen as one of the main dangers to Aidan O’Brien’s star, following a three-year-old campaign that saw him win the Dante Stakes and Irish Champion Stakes.

He was due to make his reappearance on day two of the Royal fixture, but Haggas told the Racing Post he would not be running and was “out in the short term, but it’s no big deal and hopefully he can be back in action soon”.

In his absence Los Angeles is the 3-1 favourite from 7-2 with William Hill, with Owen Burrows’ Champion Stakes winner Anmaat next best at 4-1.

William Hill spokesman Lee Phelps said: “News that William Haggas’ Economics has been ruled out of Royal Ascot has shaken up the Prince of Wales’s Stakes market.

“With one of his key competitors out, we have clipped Los Angeles from 7-2 to 3-1 at the head of the market.

“One horse we’re now fearing could be a popular pick is Anmaat after a strong reappearance behind Los Angeles at the Curragh and the Champion Stakes winner could be the punters’ pick at 4-1.

“Economics had been third in the betting, but that place now belongs to Wathnan Racing’s French raider Map Of Stars (5-1).”

Paddy Power make Los Angeles a 5-2 chance, with Map Of Stars 4-1 and Anmaat 9-2.