wrapper

Theresa May Seeks Snap U.K. Election to Get Brexit Backing

Tuesday, Apr 18 2017
Theresa May Seeks Snap U.K. Election to Get Brexit Backing

U.K. Prime Minister Theresa May called for an early election on June 8, in a stunning gamble aimed at strengthening her hand going into talks on leaving the European Union. Coming just weeks after she triggered the formal start of Brexit, May’s move reversed her public position of just a week ago, when her office insisted an early election wasn’t on the cards. She told ITV in an interview that she made her decision during a walking holiday with her husband in Wales before Easter.

An election isn’t due until 2020 though her popularity -- polls show her Conservative Party is more than 20 points ahead of the main opposition -- gives her an opening to consolidate her power. The risk is that the election emboldens those who regret voting for Brexit in last year’s referendum or increases support for independence in Scotland.

More in this category: « RBA expects rise in inflation to be more gradual Building Permits in line with market forecasts »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.