Theresa May Announces Shock General Election

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The announcement was unexpected as May has repeatedly said she was not looking to make such a move.

  • British PM calls snap election
  • Pound sterling rises
  • Victory to strengthen Brexit negotiation

Viewed as seeking to take full control of the Brexit process, British Prime Minister Theresa May calls for a general election on Jun 8. The announcement was unexpected as May has repeatedly said she was not looking to make such a move. However, it would appear the Government believes a victory in June would strengthen the UK’s hand in Brexit negotiations.

May spoke to the Queen by telephone yesterday before making the stunning announcement. The pound is rising, as investors are digesting news of the early election.