Pound swings as UK leader calls for early election

Pound swings wildly as U.K. leader calls for early election

European markets seen lower as geopolitical concerns deepen; L'Oreal reports

The country is coming together, but Westminster is not.

The split from the European Union means Britain will regain control of its money, laws and borders, and be able to strike its own trade deals, the prime minister said.

Her decision to hold an election while Brexit negotiations have barely gotten started has taken everyone in Westminster and Brussels by surprise - particularly as she has consistently said she would not go to the country before 2020.

However, the ICM/Guardian poll found that around three in five respondents said May was right to call an election.

In the latest twist in the Brexit saga, UK Prime Minister Theresa May has called for an early general election on June 8, ahead of the election that had previously been scheduled for 2020.

She's the Prime Minister, so why didn't she just call the election there and then?

But it does not work like that anymore.

What are the views of the other main parties?

It will be a choice between strong and stable leadership in the national interest, with me as your prime minister, or weak and unstable coalition government, led by Jeremy Corbyn, propped up by the Liberal Democrats, who want to reopen the divisions of the referendum, and Nicola Sturgeon and the SNP.

May said that she would introduce a motion to Parliament on Wednesday.

Leading worldwide UK-based banks to fear that a hard Brexit will result in the United Kingdom leaving Europe's single market and therefore signal the loss of crucial "passporting" rights, which allow them to sell their services freely across the rest of the European Union and gives firms based in Europe unfettered access to Britain. "Only the Liberal Democrats can prevent a Conservative majority", he said.

European Council President Donald Tusk tweeted that he had a "good phone call" with May about the election, and the council said the bloc's Brexit plans were unchanged by the announcement.

Co-leader of the Green Party Jonathan Bartley has accused Mrs May of panicking. We will be standing candidates in every corner of this country and giving people a real alternative to the politics of the past.

What do the polls say?

Although the conservative leader admitted to have arrived at such determination "unwillingly", she considers this election necessary to guarantee the strong leadership the country needs.

Abbott, the shadow home secretary, toured broadcast studios to make the case for Corbynism after two polls put Labour 21 points behind the Tories. This means that the government needs 434 votes to call the election.

However, a Press Association projection based on an average of recent polls suggests that Conservatives could gain 56 seats, leaving Mrs May with a comfortable Commons majority of 124 seats.

Will this affect the local elections?

What is a snap election? .

"The UK government would be in a stronger position to negotiate the terms of Brexit and May's government would be given a definitive mandate for Brexit".

May said this was a one-off chance to get an election done while the European Union was agreeing on its negotiating position. The EU's demands are "an opening gambit in what will be a long and complicated negotiation", U.K. Chancellor of the Exchequer Philip Hammond said April 18.

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